Long-Term Debt Interest Rate Swap (Tables)

3 Months Ended

Mar. 25, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following table shows the financial statement line item and amount of the Company's cash flow hedge accounting on the condensed consolidated balance sheet (in thousands):

	March 25, 2020				December 25, 2019
	Notional		Fair value		Notional		Fair value
Other assets - Interest rate swap	—		—		$	40,000	$	360
Other liabilities - Interest rate swap	$	40,000	$	1,142	—		—

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following table summarizes the effect of the Company's cash flow hedge accounting on the condensed consolidated statements of income (in thousands):

	Thirteen Weeks Ended
	March 25, 2020			March 27, 2019
Interest expense on hedged portion of debt	$	429		—
Interest income on interest rate swap	(39		)	—
Interest expense on debt and derivatives, net	$	390		$	—

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]

The following table summarizes the effect of the Company's cash flow hedge accounting on AOCI for the thirteen weeks ended March 25, 2020 and March 27, 2019 (in thousands):

	Thirteen Weeks Ended
	Net Loss Recognized in OCI			(Gain) Reclassified from AOCI into Interest expense
	March 25, 2020		March 27, 2019	March 25, 2020			March 27, 2019
Interest rate swap	$	1,459	—	$	(39	)	—