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Fair Value Measurements (Tables)
12 Months Ended
Jan. 02, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Assets and Liabilities Measured on Recurring and Nonrecurring Basis
The Company’s assets and liabilities measured at fair value on a recurring basis as of January 2, 2021 and December 28, 2019, aggregated by the level in the fair value hierarchy within which those measurements fall, were as follows:
January 2, 2021
Level 1Level 2Level 3Total
Assets
Money market funds
$696 $— $— $696 
Liabilities
Interest rate swaps
$— $$— $
December 28, 2019
Level 1Level 2Level 3Total
Liabilities
Interest rate swaps
$— $$— $
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 as of January 2, 2021 and December 28, 2019:
Fair Value
Balance Sheet LocationJanuary 2, 2021December 28, 2019
Derivatives designated as hedging instruments
Interest rate swaps
Accrued expenses and
other current liabilities
$$— 
Interest rate swaps
Other long-term liabilities— 
Total liabilities$$
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 Statements of Comprehensive Income for the fiscal years ended January 2, 2021, December 28, 2019, and December 29, 2018:
Derivatives in Cash Flow Hedging Relationships
Amount of (Loss) 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 fiscal year ended January 2, 2021
Interest rate swaps
$(8)Interest expense—net$
For the fiscal year ended December 28, 2019
Interest rate swaps
$(10)Interest expense—net$(5)
For the fiscal year ended December 29, 2018
Interest rate swaps
$Interest expense—net$(2)