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Fair Value Measurement (Tables)
12 Months Ended
Dec. 28, 2019
Fair Value Disclosures [Abstract]  
Fair value measured on recurring basis
The following tables presents the Company's financial instruments that are measured at fair value on a recurring and nonrecurring basis as of December 28, 2019 and December 29, 2018 and are categorized using the fair value hierarchy under FASB authoritative guidance.  The fair value hierarchy has three levels based on the reliability of the inputs used to determine the fair value.
 
 
Fair Value Measurements at December 28, 2019 Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)
Total
(Level 1)
(Level 2)
(Level 3)
Assets
 
 
 
 
Derivative assets
$
4,140

$

$
4,140

$

Total Assets
4,140


4,140


 
 
 
 
 
Liabilities
 
 
 
 
Derivative liabilities
1,593


1,593


5.25% Senior Notes
531,850


531,850


3.625% Senior Notes
605,327


605,327


Term Loan B
497,475


497,475


Revolver
38,805


38,805


Total Liabilities
$
1,675,050

$

$
1,675,050

$



 
 
Fair Value Measurements at December 29, 2018 Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)
Total
(Level 1)
(Level 2)
(Level 3)
Assets
 
 
 
 
Derivative assets
$
4,307

$

$
4,307

$

Total Assets
4,307


4,307


 
 
 
 
 
Liabilities
 
 
 
 
Derivative liabilities
3,235


3,235


5.375% Senior Notes
495,000


495,000


3.625% Senior Notes
585,303


585,303


Term Loan A
67,739


67,739


Term Loan B
492,525


492,525


Revolver
31,623


31,623


Total Liabilities
$
1,675,425

$

$
1,675,425

$