Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Carrying amounts and fair values of certain assets

The following tables summarize the carrying amounts and fair values of certain assets at March 31, 2015 and December 30, 2014, (in thousands):

	March 31, 2015
			Fair Value Estimated Using
	Carrying Amount			Level 1 Inputs		Level 2 Inputs		Level 3 Inputs
Equities(1)	$	10,227		$	6,764	$	3,463	$	—
Fixed income(1)	5,374			1,499		3,875		—
Money market fund(2)	19,885			—		19,885		—
	December 30, 2014
			Fair Value Estimated Using
	Carrying Amount			Level 1 Inputs		Level 2 Inputs		Level 3 Inputs
Equities(1)	$	10,053		$	6,678	$	3,375	$	—
Fixed income(1)	5,355			1,542		3,813		—
Money market fund(2)	7,602			—		7,602		—

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⁽¹⁾  These investments relate to the Deferred Compensation Plan and the POWR Plan and are located in the other assets line item on the Consolidated Balance Sheets. The investments categorized as Level 2 in the fair value hierarchy are valued by using available market information which includes quoted market prices for identical or similar assets in non-active markets.

⁽²⁾  At March 31, 2015 and December 30, 2014, $0.4 million and $0.5 million, respectively, of the balances in the money market fund related to the Deferred Compensation and POWR Plans and were located in the other assets line item on the Consolidated Balance Sheets.

Estimated fair value of outstanding borrowings

The estimated fair value of the Company’s outstanding borrowings was as follows (in thousands):

	March 31, 2015		December 30, 2014
Term Loan	$	397,292	$	391,231
Senior Notes	200,450		196,650
Revolving Facility	—		—
	$	597,742	$	587,881
Carrying value	$	593,342	$	595,421