Fair Value of Financial Instruments (Tables)

6 Months Ended

Jul. 15, 2017

Fair Value Disclosures [Abstract]

Interest Income for Distributor Notes Receivable

Interest income for the distributor notes receivable was as follows (amounts in thousands):

	Interest Income
For the twelve weeks ended July 15, 2017	$	5,158
For the twelve weeks ended July 16, 2016	$	4,639
For the twenty-eight weeks ended July 15, 2017	$	11,735
For the twenty-eight weeks ended July 16, 2016	$	10,929

Carrying Value of Distributor Notes

At July 15, 2017, December 31, 2016, and July 16, 2016 respectively, the carrying value of the distributor notes was as follows (amounts in thousands):

	July 15, 2017		December 31, 2016		July 16, 2016
Distributor notes receivable	$	191,684	$	175,984	$	170,489
Current portion of distributor notes receivable recorded in    accounts and notes receivable, net		22,410		21,060		20,750
Long-term portion of distributor notes receivable	$	169,274	$	154,924	$	149,739

Schedule of Fair Value of Notes

The fair value of the senior notes are presented in the table below (amounts in thousands, except level classification):

	Carrying Value		Fair Value		Level
2026 notes	$	394,714	$	395,700	2
2022 notes	$	397,718	$	429,120	2