XML 30 R20.htm IDEA: XBRL DOCUMENT v3.20.2
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 23, 2020
Accounting Policies [Abstract]  
Schedule of fair value measurement The following table presents fair value for the interest rate swap at September 23, 2020 (in thousands):

Fair Value Measurements Using

    

Fair Value

    

Level 1

    

Level 2

    

Level 3

Other non-current liabilities - Interest rate swap

$

1,328

$

$

1,328

$

The following table presents fair value for the interest rate swap at December 25, 2019 (in thousands):

Fair Value Measurements Using

    

Fair Value

    

Level 1

    

Level 2

    

Level 3

Other assets - Interest rate swap

$

360

$

$

360

$

Summary of Non-Financial Instruments Measured at Fair Value on Nonrecurring Basis

The following non-financial instruments were measured at fair value, on a nonrecurring basis, as of and for the thirteen and thirty-nine weeks ended September 23, 2020, reflecting certain property and equipment assets and right-of-use (“ROU”) assets, for which an impairment loss was recognized during the corresponding periods, as discussed immediately below under "Impairment of Long-Lived Assets and ROU Assets." (in thousands):

Thirteen Weeks

Thirty-Nine Weeks

Fair Value Measurements at September 23, 2020 Using

Ended September 23, 2020

Ended September 23, 2020

    

Total

    

Level 1

    

Level 2

    

Level 3

Impairment Losses

Impairment Losses

Certain property and equipment owned, net

$

$

$

$

 

$

1,506

$

2,935

Certain ROU assets, net

$

911

$

$

$

911

$

$

543

The following non-financial instruments were measured at fair value on a nonrecurring basis as of and for the thirteen and thirty-nine weeks ended September 25, 2019, reflecting certain property and equipment assets for which an impairment loss was recognized during the corresponding periods, as discussed immediately below under "Impairment of Long-Lived Assets and ROU Assets" (in thousands):

Thirteen Weeks

Thirty-Nine Weeks

Fair Value Measurements at September 25, 2019 Using

Ended September 25, 2019

Ended September 25, 2019

    

Total

    

Level 1

    

Level 2

    

Level 3

 

Impairment Losses

    

Impairment Losses

Certain property and equipment owned, net

$

$

$

$

 

$

56

$

283