Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.5.0.2
Fair Value Measurements (Tables)
9 Months Ended
Oct. 02, 2016
Fair Value Disclosures [Abstract]  
Schedule of fair value assets measured on recurring basis
The following tables present the Company’s assets measured at fair value on a recurring basis as of October 2, 2016 and December 27, 2015 (in thousands):
 
 
October 2, 2016
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Investments in rabbi trust
 
$
8,957

 
$
8,957

 
$

 
$

Total assets measured at fair value
 
$
8,957

 
$
8,957

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
December 27, 2015
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Investments in rabbi trust
 
$
6,863

 
$
6,863

 
$

 
$

Total assets measured at fair value
 
$
6,863

 
$
6,863

 
$

 
$

Summary of fair value of debt
The following table presents the carrying value and estimated fair value of the Company’s credit facility and capital lease obligations as of October 2, 2016 and December 27, 2015 (in thousands):
 
 
October 2, 2016
 
December 27, 2015
 
 
Carrying Value
 
Estimated Fair Value
 
Carrying Value
 
Estimated Fair Value
Credit facility
 
$
304,000

 
$
303,938

 
$
202,000

 
$
201,829

Capital lease obligations
 
11,629

 
13,452

 
7,972

 
9,177

Total
 
$
315,629

 
$
317,390

 
$
209,972

 
$
211,006