Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.3.0.814
Fair Value Measurements (Tables)
9 Months Ended
Oct. 04, 2015
Fair Value Disclosures [Abstract]  
Schedule of fair value assets measured on recurring basis
The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis as of October 4, 2015 and December 28, 2014 (in thousands):
 
 
October 4, 2015
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Investments in rabbi trust
 
$
6,630

 
$
6,630

 
$

 
$

Total assets measured at fair value
 
$
6,630

 
$
6,630

 
$

 
$

Liabilities:
 
 
 
 
 
 
 
 
Derivative—interest rate swap
 
$

 
$

 
$

 
$

Total liabilities measured at fair value
 
$

 
$

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
December 28, 2014
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Investments in rabbi trust
 
$
5,723

 
$
5,723

 
$

 
$

Total assets measured at fair value
 
$
5,723

 
$
5,723

 
$

 
$

Liabilities:
 
 
 
 
 
 
 
 
Derivative—interest rate swap
 
$
347

 
$

 
347

 
$

Total liabilities measured at fair value
 
$
347

 
$

 
$
347

 
$

Schedule of fair value liabilities measured on recurring basis
The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis as of October 4, 2015 and December 28, 2014 (in thousands):
 
 
October 4, 2015
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Investments in rabbi trust
 
$
6,630

 
$
6,630

 
$

 
$

Total assets measured at fair value
 
$
6,630

 
$
6,630

 
$

 
$

Liabilities:
 
 
 
 
 
 
 
 
Derivative—interest rate swap
 
$

 
$

 
$

 
$

Total liabilities measured at fair value
 
$

 
$

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
December 28, 2014
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Investments in rabbi trust
 
$
5,723

 
$
5,723

 
$

 
$

Total assets measured at fair value
 
$
5,723

 
$
5,723

 
$

 
$

Liabilities:
 
 
 
 
 
 
 
 
Derivative—interest rate swap
 
$
347

 
$

 
347

 
$

Total liabilities measured at fair value
 
$
347

 
$

 
$
347

 
$

Summary of fair value of debt
The following table presents the carrying value and estimated fair value of Company’s credit facility and capital lease obligations as of October 4, 2015 and December 28, 2014 (in thousands):
 
 
October 4, 2015
 
December 28, 2014
 
 
Carrying Value
 
Estimated Fair Value
 
Carrying Value
 
Estimated Fair Value
Credit facility
 
$
164,000

 
$
163,876

 
$
138,500

 
$
138,397

Capital lease obligations
 
8,065

 
9,362

 
8,521

 
10,004

Total
 
$
172,065

 
$
173,238

 
$
147,021

 
$
148,401