Annual report pursuant to Section 13 and 15(d)

Derivative and Other Comprehensive Income (Tables)

v3.3.1.900
Derivative and Other Comprehensive Income (Tables)
12 Months Ended
Dec. 27, 2015
Derivative and Other Comprehensive Income  
Schedule of interest rate swaps designated as a cash flow hedge
The following table presents losses on the interest rate swap designated as a cash flow hedge recognized in the Other comprehensive loss (“OCL”) and reclassifications from AOCL to earnings as of December 27, 2015 and December 28, 2014 (in thousands):
 
 
Losses recognized in OCL on derivative (effective portion)
 
Losses reclassified from AOCL into income (effective portion)
 
 
December 27, 2015
 
December 28, 2014
 
December 27, 2015
 
December 28, 2014
Fifty-two Weeks Ended
 
$
(3
)
 
$
(94
)
 
$
(36
)
 
$
(95
)
Schedule of fair value and presentation of interest rate hedging instruments in condensed consolidated balance sheets
The following table summarizes the fair value and presentation of the interest rate swap in the accompanying Consolidated Balance Sheets as hedging instruments as of December 27, 2015 and December 28, 2014 (in thousands):
 
 
Derivative Liability
Balance Sheet Location
 
Fair Value at
December 27, 2015
 
Fair Value at
December 28, 2014
Accrued liabilities
 
$

 
$
347

Total derivatives
 
$

 
$
347