Fair Value of Financial Instruments (Tables)

9 Months Ended

Oct. 09, 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 October 9, 2021	$	5,359
For the twelve weeks ended October 3, 2020	$	5,951
For the forty weeks ended October 9, 2021	$	18,325
For the forty weeks ended October 3, 2020	$	20,408

Carrying Value of Distributor Notes Receivable

At October 9, 2021 and January 2, 2021, respectively, the carrying value of the distributor notes receivable was as follows (amounts in thousands):

	October 9, 2021			January 2, 2021
Distributor notes receivable	$	187,398		$	204,839
Less: current portion of distributor notes receivable recorded in    accounts and notes receivable, net		(29,137	)		(28,427	)
Long-term portion of distributor notes receivable	$	158,261		$	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	$	493,036	$	506,975	2
2026 notes	$	397,144	$	436,168	2