XML 66 R44.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value (Tables)
 12 Months Ended
Jan. 02, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Contingent Consideration and Derivatives Measured at Fair Value
The fair value of contingent consideration as of January 2, 2021 and December 28, 2019 was: 
 20202019
Current portion of acquisition-related liabilities and Accrued expenses:  
Contingent consideration$654 $1,967 
Acquisition-related liabilities and Other noncurrent liabilities:
Contingent consideration$1,209 $1,302 
Schedule of Carrying Value and Fair Value of Financial Instruments The carrying value and fair value of these financial instruments as of January 2, 2021 and December 28, 2019 were: 
 January 2, 2021December 28, 2019
 Fair ValueCarrying ValueFair ValueCarrying Value
Level 1
Long-term debt(1)$1,971,087 $1,915,425 $1,918,720 $1,872,273 
Level 3
Current portion of deferred consideration and noncompete obligations(2)9,611 9,611 30,733 30,733 
Long term portion of deferred consideration and noncompete obligations(3)11,037 11,037 18,499 18,499 
_____________________
(1)$6.4 million and $7.9 million were included in current portion of debt as of January 2, 2021 and December 28, 2019, respectively.
(2)Included in current portion of acquisition-related liabilities on the consolidated balance sheets.
(3)Included in acquisition-related liabilities on the consolidated balance sheets.
Summit Materials, LLC  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Contingent Consideration and Derivatives Measured at Fair Value
The fair value of contingent consideration as of January 2, 2021 and December 28, 2019 was:
 
 20202019
Current portion of acquisition-related liabilities and Accrued expenses:
Contingent consideration$654 $1,967 
Acquisition-related liabilities and Other noncurrent liabilities:
Contingent consideration$1,209 $1,302 
Schedule of Carrying Value and Fair Value of Financial Instruments The carrying value and fair value of these financial instruments as of January 2, 2021 and December 28, 2019 were:
 
 January 2, 2021December 28, 2019
Fair ValueCarrying ValueFair ValueCarrying Value
Level 1
Long-term debt(1)$1,971,087 $1,915,425 $1,918,720 $1,872,273 
Level 3
Current portion of deferred consideration and noncompete obligations(2)7,173 7,173 28,233 28,233 
Long term portion of deferred consideration and noncompete obligations(3)11,037 11,037 16,364 16,364 
______________________
(1)    $6.4 million and $7.9 million were included in current portion of debt as of January 2, 2021 and December 28, 2019, respectively.
(2)    Included in current portion of acquisition-related liabilities on the consolidated balance sheets.
(3)    Included in acquisition-related liabilities on the consolidated balance sheets.