Quarterly report pursuant to Section 13 or 15(d)

Derivative and Hedging (Tables)

v3.21.2
Derivative and Hedging (Tables)
 9 Months Ended
Sep. 25, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Derivative Financial Instruments
The following table summarizes the Company's derivatives financial instruments:
Asset Derivatives Liability Derivatives
As of
September 25, 2021
As of
September 25, 2021
As of
December 26, 2020
Balance Sheet
Location		 Fair Value Balance Sheet
Location		 Fair Value Balance Sheet
Location		 Fair Value
Derivatives designated as hedging instruments:
2021 Swap 1 Other non-current assets $ 484  Other accrued expenses $ (330) $ — 
2021 Swap 2 Other non-current assets 691  Other accrued expenses (511) — 
2021 Swap 3 Other non-current assets 3 
Other accrued expenses/other non-current liabilities (1)
(2,353) — 
Total hedging instruments $ 1,178  $ (3,194) $ — 
Derivatives not designated as hedging instruments:
2018 Swap 1 $ —  $ —  Other accrued expenses $ (709)
2018 Swap 2 —  —  Other non-current liabilities (3,484)
Total non-hedging instruments $ —  $ —  $ (4,193)
(1) 2021 Swap 3 has $1,882 included in other accrued expenses and $471 included in other non-current liabilities.