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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Jan. 02, 2016
FAIR VALUE MEASUREMENTS  
Schedule of financial assets and liabilities of the Company measured at fair value on recurring basis

                                                                                                                                                                                    

 

 

Level 2

 

In thousands

 

January 2, 2016

 

January 3, 2015

 

Financial Assets:

 

 

 

 

 

 

 

Derivatives

 

$

1,017

 

$

3,193

 

Financial Liabilities:

 

 

 

 

 

 

 

Derivatives

 

$

(354

)

$

 

 

Schedule of non-financial assets of the Company measured at fair value on non-recurring basis

 

                                                                                                                                                                                    

 

 

 

 

Fair Value Measured and Recorded at
Reporting Date Using:

 

 

 

 

 

Net Carrying Value as
of January 2, 2016

 

Total Losses —
Year Ended
January 2, 2016

 

In thousands

 

Level 1

 

Level 2

 

Level 3

 

Property and equipment

 

$

2,292 

 

$

 

$

 

$

2,292 

 

$

8,596 

 

 

                                                                                                                                                                                    

 

 

 

 

Fair Value Measured and Recorded at
Reporting Date Using:

 

 

 

 

 

Net Carrying Value as
of January 3, 2015

 

Total Losses —
Year Ended
January 3, 2015

 

In thousands

 

Level 1

 

Level 2

 

Level 3

 

Property and equipment

 

$

4,127 

 

$

 

$

 

$

4,127 

 

$

10,358 

 

Intangibles, net

 

 

 

 

 

 

 

 

 

 

1,533 

 

 

                                                                                                                                                                                    

 

 

 

 

Fair Value Measured and Recorded at
Reporting Date Using:

 

 

 

 

 

Net Carrying Value as
of December 28, 2013

 

Total Losses —
Year Ended
December 28, 2013

 

In thousands

 

Level 1

 

Level 2

 

Level 3

 

Property and equipment

 

$

15,706 

 

$

 

$

 

$

15,706 

 

$

1,480 

 

Intangibles, net

 

 

1,900 

 

 

 

 

 

 

1,900 

 

 

3,300 

 

Other Assets

 

 

 

 

 

 

 

 

 

 

6,109 

 

 

Schedule of fair values and carrying values of the Company's debt instruments

                                                                                                                                                                                    

 

 

January 2, 2016

 

January 3, 2015

 

In thousands

 

Fair Value

 

Carrying Value

 

Fair Value

 

Carrying Value

 

Term Loan credit facility, due April 2021(a)

 

$

381,333 

 

$

393,431 

 

$

384,786 

 

$

396,158 

 

Revolving credit facility(b)

 

 

 

 

 

 

6,000 

 

 

6,000 

 


 

 

 

(a)          

Carrying values include unamortized debt discount or premium.

(b)          

Borrowings under the revolving credit facility bear interest based on market rate; accordingly, its fair value approximates its carrying value.