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Derivatives (Tables)
9 Months Ended
Sep. 24, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments The following is a summary of the Company's interest rate swap outstanding as of December 25, 2021:
TypeNotional AmountEffective DateFixed RateVariable Rate
Interest rate swap$5,796 November 7, 2014 through November 7, 20244.500%1 Month LIBOR
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table summarizes the fair values of derivative instruments included in the Company's consolidated condensed financial statements:
Location on Consolidated Balance SheetsFair Value
September 24,
2022
December 25,
2021
Liability Derivatives:
Derivatives designated as hedging instruments:
Interest rate swaps, current portionAccrued expenses$ $110 
Interest rate swaps, long-term portionOther long-term liabilities 100 
Total Liability Derivatives$ $210 
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The following tables summarize the pre-tax impact of derivative instruments on the Company's consolidated condensed financial statements:
 Amount of Gain or (Loss) Recognized in AOCIL on the effective portion of the Derivative
Three Months EndedNine Months Ended
 September 24,
2022
September 25,
2021
September 24,
2022
September 25,
2021
Derivatives designated as hedging instruments:   
Cash flow hedges - interest rate swaps$ $(3)$ $40 
 Amount of Gain (Loss) Reclassified from AOCIL on the effective portion into Earnings (1)(2)
Three Months EndedNine Months Ended
 September 24,
2022
September 25,
2021
September 24,
2022
September 25,
2021
Derivatives designated as hedging instruments:   
Cash flow hedges - interest rate swaps$ $33 $(7)$102 
Amount of Gain or (Loss) Recognized on the Dedesignated Portion in Income on Derivative (3)
Three Months EndedNine Months Ended
September 24,
2022
September 25,
2021
September 24,
2022
September 25,
2021
Derivatives dedesignated as hedging instruments:
Cash flow hedges - interest rate swaps$ $136 $210 $509 

(1)The amount of gain (loss) reclassified from AOCIL is included in interest expense on the Company's consolidated condensed financial statements.
(2)The amount of loss expected to be reclassified from AOCIL into earnings during the next 12 months subsequent to September 24, 2022 is $0.
(3)The amount of gain (loss) recognized in income on the dedesignated portion of interest rate swaps is included in other income or other expense on the Company's Consolidated Condensed Statements of Operations. The amount of expense recognized on the Company's Consolidated Statements of Operations for the terminated portion of interest rate swaps is included in interest expense.