FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 25, 2016

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured on a Recurring Basis

The following items were measured at fair value on a recurring basis:

	December 25, 2016
	Level 1			Level 2		Level 3		Total
	(In thousands)
Fair value assets:
Commodity futures instruments	$	5,341		$	—	$	—	$	5,341
Commodity options instruments	98			—		—		98
Fair value liabilities:
Commodity futures instruments	(4,063		)	—		—		(4,063		)
Commodity options instruments	(2,764		)	—		—		(2,764		)

	December 27, 2015
	Level 1			Level 2		Level 3		Total
	(In thousands)
Fair value assets:
Commodity futures instruments	$	59		$	—	$	—	$	59
Commodity options instruments	1,618			—		—		1,618
Fair value liabilities:
Commodity futures instruments	(5,436		)	—		—		(5,436		)

Schedule of Carrying Amounts and Estimated Fair Values of Fixed-Rate Debt Obligation

The carrying amounts and estimated fair values of our fixed-rate debt obligation recorded in the Consolidated Balance Sheets consisted of the following:

	December 25, 2016						December 27, 2015
	Carrying Amount			Fair Value			Carrying Amount			Fair Value
				(In thousands)
Fixed-rate senior notes payable at 5.75%	$	(500,000	)	$	(503,395	)	$	(500,000	)	$	(488,750	)