Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.7.0.1
Fair Value Measurements (Tables)
 6 Months Ended
Jul. 09, 2017
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 July 9, 2017 and December 25, 2016 (in thousands):
 
 
July 9, 2017
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Investments in rabbi trust
 
$
9,157

 
$
9,157

 
$
—

 
$
—

Total assets measured at fair value
 
$
9,157

 
$
9,157

 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
December 25, 2016
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
Investments in rabbi trust
 
$
9,165

 
$
9,165

 
$
—

 
$
—

Total assets measured at fair value
 
$
9,165

 
$
9,165

 
$
—

 
$
—

Summary of fair value of debt
The following table presents the carrying value and estimated fair value of the Company’s New Credit Facility and capital lease obligations as of July 9, 2017 and December 25, 2016 (in thousands):
 
 
July 9, 2017
 
December 25, 2016
 
 
Carrying Value
 
Estimated Fair Value
 
Carrying Value
 
Estimated Fair Value
Credit facility
 
$
279,250

 
$
279,020

 
$
335,500

 
$
335,611

Capital lease obligations
 
11,138

 
11,806

 
11,463

 
12,917

Total
 
$
290,388

 
$
290,826

 
$
346,963

 
$
348,528