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Fair Value Measurements (Tables)
3 Months Ended
Apr. 01, 2018
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following tables present our fair value hierarchy for our financial assets and liabilities measured at fair value on a recurring basis as of April 1, 2018 and December 31, 2017:

 

April 1, 2018

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Long-term debt

 

$

 

 

$

368,000

 

 

$

 

 

$

368,000

 

Total liabilities

 

$

 

 

$

368,000

 

 

$

 

 

$

368,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap asset

 

$

 

 

$

3,415

 

 

$

 

 

$

3,415

 

Closed store reserves

 

 

 

 

 

 

 

 

764

 

 

 

764

 

Total assets

 

$

 

 

$

3,415

 

 

$

764

 

 

$

4,179

 

 

December 31, 2017

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Long-term debt

 

$

 

 

$

348,000

 

 

$

 

 

$

348,000

 

Interest rate swap liability

 

 

 

 

 

1,064

 

 

 

 

 

 

1,064

 

Total liabilities

 

$

 

 

$

349,064

 

 

$

 

 

$

349,064

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Closed store reserves

 

$

 

 

$

 

 

$

811

 

 

$

811

 

Total assets

 

$

 

 

$

 

 

$

811

 

 

$

811