Long-Term Debt (Tables)

12 Months Ended

Dec. 29, 2021

Debt Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

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

	December 29, 2021				December 30, 2020
	Notional		Fair value		Notional		Fair value
Other liabilities - Interest rate swap	$	40,000	$	396	$	40,000	$	1,139

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location

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

	December 29, 2021		December 30, 2020		December 25, 2019
Interest expense on hedged portion of debt	$	568	$	979	$	461
Interest expense on interest rate swap		486		278		(84)
Interest expense on debt and derivatives, net	$	1,054	$	1,257	$	377

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The following table summarizes the effect of the Company’s cash flow hedge accounting on AOCI for the years ended December 29, 2021, December 30, 2020 and December 25, 2019 (in thousands):

							Gain (Loss) Reclassified from
	Net Gain (Loss) Recognized in OCI						AOCI into Interest expense
	December 29, 2021		December 30, 2020		December 25, 2019		December 29, 2021		December 30, 2020		December 25, 2019
Interest rate swap	$	257	$	(1,762)	$	430	$	486	$	278	$	(84)