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Commitments and Contingencies (Tables)
6 Months Ended
Jul. 01, 2018
Commitments And Contingencies Disclosure [Abstract]  
Summary of Company's Purchases from Manufacturing Cooperatives

The following table summarizes the Company’s purchases from these manufacturing cooperatives:

 

 

 

Second Quarter

 

 

First Half

 

(in thousands)

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Purchases from SAC

 

$

41,084

 

 

$

40,507

 

 

$

79,160

 

 

$

74,141

 

Purchases from Southeastern

 

 

34,797

 

 

 

27,621

 

 

 

63,966

 

 

 

50,957

 

Total purchases from manufacturing cooperatives

 

$

75,881

 

 

$

68,128

 

 

$

143,126

 

 

$

125,098

 

 

Summary of Guaranteed Debt and Maximum Exposure under Guarantees

The following table summarizes the Company’s maximum exposure under this guarantee if SAC had borrowed up to its aggregate borrowing capacity:

 

(in thousands)

 

July 1, 2018

 

Maximum guaranteed debt

 

$

23,938

 

Equity investments(1)

 

 

7,325

 

Maximum total exposure, including equity investments

 

$

31,263

 

 

 

(1)

Recorded in other assets on the Company’s consolidated condensed balance sheets.