XML 54 R33.htm IDEA: XBRL DOCUMENT v3.20.2
FAIR VALUE - (Tables)
9 Months Ended
Sep. 26, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Contingent Consideration and Derivatives Measured at Fair Value
The fair value of contingent consideration as of September 26, 2020 and December 28, 2019 was:
 September 26, 2020December 28, 2019
Current portion of acquisition-related liabilities and Accrued expenses:  
Contingent consideration$525 $1,967 
Acquisition-related liabilities and Other noncurrent liabilities:
Contingent consideration$1,303 $1,302 
Schedule of Carrying Value and Fair Value of Financial Instruments The carrying value and fair value of these financial instruments as of September 26, 2020 and December 28, 2019 was:
 
 September 26, 2020December 28, 2019
 Fair ValueCarrying ValueFair ValueCarrying Value
Level 2    
Long-term debt(1)$1,939,247 $1,918,545 $1,918,720 $1,872,273 
Level 3
Current portion of deferred consideration and noncompete obligations(2)31,443 31,443 30,733 30,733 
Long term portion of deferred consideration and noncompete obligations(3)11,573 11,573 18,499 18,499 
(1)$7.9 million was included in current portion of debt as of September 26, 2020 and December 28, 2019.
(2)Included in current portion of acquisition-related liabilities on the consolidated balance sheets.
(3)Included in acquisition-related liabilities on the consolidated balance sheets.
Summit Materials, LLC  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Contingent Consideration and Derivatives Measured at Fair Value
The fair value of contingent consideration as of September 26, 2020 and December 28, 2019 was: 
September 26, 2020December 28, 2019
Current portion of acquisition-related liabilities and Accrued expenses:  
Contingent consideration$525 $1,967 
Acquisition-related liabilities and Other noncurrent liabilities:
Contingent consideration$1,303 $1,302 
Schedule of Carrying Value and Fair Value of Financial Instruments The carrying value and fair value of these financial instruments as of September 26, 2020 and December 28, 2019 was:
 September 26, 2020December 28, 2019
 Fair ValueCarrying ValueFair ValueCarrying Value
Level 2    
Long-term debt(1)$1,939,247 $1,918,545 $1,918,720 $1,872,273 
Level 3    
Current portion of deferred consideration and noncompete obligations(2)29,067 29,067 28,233 28,233 
Long term portion of deferred consideration and noncompete obligations(3)11,573 11,573 16,364 16,364 
(1)$7.9 million was included in current portion of debt as of September 26, 2020 and December 28, 2019.
(2)Included in current portion of acquisition-related liabilities on the consolidated balance sheets.
(3)Included in acquisition-related liabilities on the consolidated balance sheets.