Fair Value Measurements (Tables)

9 Months Ended

Sep. 29, 2018

Schedule of Fair Value Assets and Liabilities Measured on Recurring Basis

The Company’s assets and liabilities measured at fair value on a recurring basis as of September 29, 2018 and December 30, 2017, aggregated by the level in the fair value hierarchy within which those measurements fall, were as follows:



	September 29, 2018
	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	700	$	—	$	—	$	700
Interest rate swaps	—		31,743		—		31,743
	$	700	$	31,743	$	—	$	32,443
Liabilities
Contingent consideration payable for business acquisition	$	—	$	—	$	500	$	500

	December 30, 2017
	Level 1		Level 2		Level 3		Total
Assets
Money market funds	$	1,100	$	—	$	—	$	1,100
Interest rate swaps	—		12,717		—		12,717
	$	1,100	$	12,717	$	—	$	13,817
Liabilities
Contingent consideration payable for business acquisition	$	—	$	—	$	1,000	$	1,000

Schedule of Balance Sheet Location and Fair Value of Company’s Interest Rate Swaps

The following table presents the balance sheet location and fair value of the interest rate swaps at September 29, 2018 and December 30, 2017:



		Fair Value
	Balance Sheet Location	September 29, 2018		December 30, 2017
Derivatives designated as hedging instruments
Interest rate swaps	Other current assets	$	8,836	$	430
Interest rate swaps	Other noncurrent assets	$	22,907	$	12,287
	Total	$	31,743	$	12,717

Schedule of Effect of Company Interest Rate Swaps in Consolidated Statement of Comprehensive Income

The following table presents the effect of the Company’s interest rate swaps in its Consolidated Statement of Comprehensive Income for the 13-weeks and 39-weeks ended September 29, 2018 and September 30, 2017:



Derivatives in Cash Flow Hedging Relationships	Amount of Gain Recognized in Accumulated Other Comprehensive Loss, net of tax		Location of Amounts Reclassified from Accumulated Other Comprehensive Loss	Amount of (Gain) Loss Reclassified from Accumulated Other Comprehensive Loss to Income, net of tax
For the 13-weeks ended September 29, 2018
Interest rate swaps	$	2,311	Interest expense—net	$	(757	)
For the 13-weeks ended September 30, 2017
Interest rate swaps	$	1,888	Interest expense—net	$	557

For the 39-weeks ended September 29, 2018
Interest rate swaps	$	15,188	Interest expense—net	$	(950	)
For the 39-weeks ended September 30, 2017
Interest rate swaps	$	1,888	Interest expense—net	$	557