v3.22.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 25, 2021
Fair Value Disclosures [Abstract]  
Measurement of Assets and Liabilities at Fair Value on Recurring Basis

The following tables set forth the Company’s financial assets and liabilities that were measured at fair value on a recurring basis during the period, by level, within the fair value hierarchy:

As of December 25, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

Trading securities

$

1,686

$

$

$

1,686

Interest rate swaps

 

 

1,502

 

 

1,502

Foreign exchange forward contracts

 

 

14

 

 

14

Contingent consideration payable

 

 

 

(12,347)

 

(12,347)

As of December 26, 2020

    

Level 1

    

Level 2

    

Level 3

    

Total

Trading securities

$

1,911

$

$

$

1,911

Interest rate swaps

 

 

(4,193)

 

 

(4,193)

Foreign exchange forward contracts

12

12

Contingent consideration payable

 

 

 

(14,197)

 

(14,197)

Fair Value of Fixed Rate Senior Notes and Junior Subordinated Debentures

December 25, 2021

December 26, 2020

Carrying 

Estimated 

Carrying 

Estimated 

    

Amount

    

Fair Value

    

Amount

    

Fair Value

6.375% Senior Notes

$

$

$

328,333

$

327,525

Junior Subordinated Debentures

 

 

 

123,295

 

128,022