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Derivatives
 3 Months Ended
Apr. 01, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives DERIVATIVES
The Company's earnings, cash flows and financial position are exposed to market risks relating to interest rates. It is the Company's policy to minimize its exposure to adverse changes in interest rates and manage interest rate risks inherent in funding the Company with debt. The Company addresses this risk by maintaining a mix of fixed and floating rate debt and evaluating opportunities to enter into interest rate swaps for portions of its variable rate debt to minimize interest rate volatility. As of April 1, 2023, the Company had no interest rate swaps outstanding.

The following tables summarize the pre-tax impact of derivative instruments on the Company's consolidated condensed financial statements:
 Amount of Gain (Loss) Reclassified from AOCIL on the effective portion into Earnings (1)
Three Months Ended
 April 1,
2023		March 26,
2022
Derivatives designated as hedging instruments:  
Cash flow hedges - interest rate swaps$— $(7)
Amount of Gain or (Loss) Recognized on the Dedesignated Portion in Income on Derivative (2)
Three Months Ended
April 1,
2023		March 26,
2022
Derivatives dedesignated as hedging instruments:
Cash flow hedges - interest rate swaps$— $210 

(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 gain (loss) recognized in income on the dedesignated and terminated portions of interest rate swaps is included in interest expense on the Company's consolidated condensed statements of operations.
On March 16, 2022, the Company terminated an interest rate swap agreement tied to a note payable secured by its facility in Adairsville, Georgia. The settlement payment to terminate the swap agreement was $73. Because it was probable that none of the remaining forecasted interest payments that were being hedged will occur, the related losses in the amount of $177, net of tax, that had been deferred in AOCIL were reclassified into interest expense.