Fair Value of Financial Instruments (Tables)

6 Months Ended

Jul. 17, 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 twelve weeks ended July 17, 2021	$	5,486
For the twelve weeks ended July 11, 2020	$	6,132
For the twenty-eight weeks ended July 17, 2021	$	12,966
For the twenty-eight weeks ended July 11, 2020	$	14,457

Carrying Value of Distributor Notes Receivable

At July 17, 2021 and January 2, 2021, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

	July 17, 2021			January 2, 2021
Distributor notes receivable	$	194,969		$	204,839
Less: current portion of distributor notes receivable recorded in    accounts and notes receivable, net		(28,949	)		(28,427	)
Long-term portion of distributor notes receivable	$	166,020		$	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	$	492,866	$	505,390	2
2026 notes	$	397,012	$	434,084	2