LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 28, 2022

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 28, 2022				December 29, 2021
	Notional		Fair value		Notional		Fair value
Other liabilities - Interest rate swap	$	—	$	—	$	40,000	$	396

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 28, 2022		December 29, 2021		December 30, 2020
Interest expense on hedged portion of debt	$	439	$	568	$	979
Interest (income) expense on interest rate swap		(296)		486		278
Interest (income) expense on debt and derivatives, net	$	143	$	1,054	$	1,257

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 28, 2022, December 29, 2021 and December 30, 2020 (in thousands):

							(Gain) Loss Reclassified from
	Net Gain (Loss) Recognized in OCI						AOCI into Interest (Income) Expense
	December 28, 2022		December 29, 2021		December 30, 2020		December 28, 2022		December 29, 2021		December 30, 2020
Interest rate swap	$	862	$	257	$	(1,762)	$	(296)	$	486	$	278