Fair Value of Financial Instruments (Tables)

9 Months Ended

Oct. 03, 2020

Fair Value Disclosures [Abstract]

Interest Income Primarily Related to IDPs Notes Receivable

Interest income was primarily related to the IDPs’ notes receivable and was as follows (amounts in thousands):

	Interest Income
For the twelve weeks ended October 3, 2020	$	5,951
For the twelve weeks ended October 5, 2019	$	6,371
For the forty weeks ended October 3, 2020	$	20,408
For the forty weeks ended October 5, 2019	$	21,441

Carrying Value of Distributor Notes Receivable

At October 3, 2020 and December 28, 2019, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

	October 3, 2020		December 28, 2019
Distributor notes receivable	$	210,352	$	226,348
Current portion of distributor notes receivable recorded in    accounts and notes receivable, net		28,291		27,709
Long-term portion of distributor notes receivable	$	182,061	$	198,639

Schedule of Fair Value of Notes

The fair value of the 2026 notes and 2022 notes are presented in the table below (amounts in thousands, except level classification):

	Carrying Value		Fair Value		Level
2026 notes	$	396,562	$	433,772	2
2022 notes	$	399,277	$	414,664	2