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Financial Instruments (Tables)
9 Months Ended
Sep. 28, 2019
Notes To Financial Statements [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table summarizes the company’s fair value of interest rate swaps (in thousands):
 
Condensed Consolidated
Balance Sheet Presentation
 
Sep 28, 2019

 
Dec 29, 2018

Fair value
Other assets
 
$
1,384

 
$
13,487

Fair value
Other non-current liabilities
 
$
31,065

 
$
4,125


Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The impact on earnings from interest rate swaps was as follows (in thousands):
 
 
 
Three Months Ended
 
Nine Months Ended
 
Presentation of Gain/(loss)
 
Sep 28, 2019
 
Sep 29, 2018
 
Sep 28, 2019
 
Sep 29, 2018
Gain/(loss) recognized in accumulated other comprehensive income
Other comprehensive income
 
$
(7,114
)
 
$
5,389

 
$
(37,090
)
 
$
16,347

Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)
Interest expense
 
$
403

 
$
(7
)
 
$
1,953

 
$
229

Gain/(loss) recognized in income (ineffective portion)
Other expense
 
$

 
$
214

 
$

 
$
101