Red Robin Gourmet Burgers, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

Fair Value Measurements (Tables)

9 Months Ended

Oct. 04, 2015

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