Fair Value of Financial Instruments (Tables)

4 Months Ended

Apr. 24, 2021

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 sixteen weeks ended April 24, 2021	$	7,480
For the sixteen weeks ended April 18, 2020	$	8,325

Carrying Value of Distributor Notes Receivable

At April 24, 2021 and January 2, 2021, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

	April 24, 2021			January 2, 2021
Distributor notes receivable	$	198,275		$	204,839
Less: current portion of distributor notes receivable recorded in    accounts and notes receivable, net		(28,743	)		(28,427	)
Long-term portion of distributor notes receivable	$	169,532		$	176,412

Schedule of Fair Value of Notes

The fair value of the 2031 notes and 2026 notes are presented in the table below (amounts in thousands, except level classification):

	Carrying Value		Fair Value		Level
2031 notes	$	492,696	$	493,045	2
2026 notes	$	396,881	$	435,400	2