LONG-TERM DEBT (Tables)

6 Months Ended

Jun. 26, 2024

LONG-TERM DEBT.

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 condensed consolidated statements of income (in thousands):

	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	June 26, 2024		June 28, 2023		June 26, 2024		June 28, 2023
Interest expense on hedged portion of debt	$	—	$	—	$	—	$	—
Interest income on interest rate swap		—		(85)		—		(170)
Interest income on debt and derivatives, net	$	—	$	(85)	$	—	$	(170)

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 thirteen and twenty-six weeks ended June 26, 2024 and June 28, 2023 (in thousands):

	Thirteen Weeks Ended								Twenty-Six Weeks Ended
					Gain Reclassified from								Gain Reclassified from
	Net Gain Recognized in OCI				AOCI into Interest Income				Net Gain Recognized in OCI				AOCI into Interest Income
	June 26, 2024		June 28, 2023		June 26, 2024		June 28, 2023		June 26, 2024			June 28, 2023	June 26, 2024			June 28, 2023
Interest rate swap	$	—	$	—	$	—	$	(85)	$	—	$	—	$	—	$	(170)