XML 38 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Apr. 01, 2017
FAIR VALUE MEASUREMENTS  
Schedule of financial assets and liabilities of the Company measured at fair value on recurring basis

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 2

 

In thousands

    

April 1, 2017

    

December 31, 2016

    

April 2, 2016

 

Financial Assets:

 

 

 

 

 

 

 

 

 

 

Derivatives

 

$

1,308

 

$

2,399

 

$

137

 

Financial Liabilities:

 

 

 

 

 

 

 

 

 

 

Derivatives

 

$

(523)

 

$

(413)

 

$

(967)

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Carrying

 

Fair Value Measured and Recorded at

 

Total Losses for the

 

 

 

Value as of

 

Reporting Date Using:

 

Three Months Ended

 

In thousands

    

April 1, 2017

    

Level 1

    

Level 2

    

Level 3

    

April 1, 2017

 

Property and equipment

 

$

3,978

 

$

 —

 

$

 —

 

$

 —

 

$

6,620

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

April 1, 2017

 

December 31, 2016

 

April 2, 2016

 

 

 

 

 

 

Carrying

 

 

 

 

Carrying

 

 

 

 

Carrying

 

In thousands

    

Fair Value

    

Value

    

Fair Value

    

Value

    

Fair Value

    

Value

 

Term Loan credit facility, due April 2021 (a)

 

$

390,644

 

$

385,105

 

$

393,405

 

$

385,794

 

$

388,883

 

$

386,952

 

ABL Facility (b)

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 


(a)

Carrying values include aggregate unamortized debt discount and deferred financing fees.

(b)

Borrowings under the ABL Facility bear interest based on market rate; accordingly its fair value approximates its carrying value.