General form of registration statement for all companies including face-amount certificate companies

Derivatives and Risk Management (Tables)

v3.8.0.1
Derivatives and Risk Management (Tables)
 9 Months Ended 12 Months Ended
Sep. 28, 2017
Dec. 29, 2016
Derivatives and Risk Management    
Schedule of hedge position

Hedge Position as of September 28, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

Final Maturity

 

Other

(in thousands)

    

Notional Balance

    

Date

    

Assets

Interest rate caps (cash flow hedges)

 

$

205,000

 

U.S. dollars

 

December 2021

 

$

1,021

 

Hedge Position as of December 29, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

Final Maturity

 

Other

(in thousands)

    

Notional Balance

    

Date

    

Assets

Interest rate caps (cash flow hedges)

 

$

205,000

 

U.S. dollars

 

December 2021

 

$

2,473

Interest rate swaps (cash flow hedges)

 

$

17,500

 

U.S. dollars

 

January 2017

 

$

 —

 

Hedge Position as of December 29, 2016:

                                                                                                                                                                                    

(in thousands)

 

Notional Balance

 

Final Maturity
Date

 

Other
Assets

 

Other
Accrued
Liabilities

 

AOCI, Net
of Tax

 

Interest rate caps (cash flow hedges)

 

$
205,000

 

U.S. dollars

 

December 2021

 

$
2,473

 

$

—

 

$
176

 

Interest rate swaps (cash flow hedges)

 

$
17,500

 

U.S. dollars

 

January 2017

 

$

—

 

$

—

 

$

—

 

Hedge Position as of December 31, 2015:

                                                                                                                                                                                    

(in thousands)

 

Notional Balance

 

Final Maturity
Date

 

Other
Assets

 

Other
Accrued
Liabilities

 

AOCI,
Net of
Tax

 

Interest rate swaps (cash flow hedges)

 

$
35,000

 

U.S. dollars

 

January 2017

 

$

—

 

$
(160

)

$
(100

)

 

Schedule of gains (losses) related to our designated hedge contracts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective Portion Reclassified

 

 

Effective Portion Recognized in

 

 

From AOCI to Earnings

 

 

Other Comprehensive (Loss) Income

 

 

Thirteen Weeks Ended

 

 

September 28,

 

September 29,

 

September 28,

 

September 29,

(in thousands)

    

2017

    

2016

    

2017

    

2016

Interest rate caps (cash flow hedges)

 

$

 —

 

$

—

 

$

(121)

 

$

 —

Interest rate swaps (cash flow hedges)

 

$

 —

 

$

—

 

$

 —

 

$

44

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective Portion Reclassified

 

Effective Portion Recognized in

 

 

From AOCI to Earnings

 

Other Comprehensive (Loss) Income

 

 

Thirty-nine Weeks Ended

 

 

September 28,

 

September 29,

 

September 28,

 

September 29,

(in thousands)

    

2017

    

2016

    

2017

    

2016

Interest rate caps (cash flow hedges)

 

$

 —

 

$

—

 

$

(887)

 

$

 —

Interest rate swaps (cash flow hedges)

 

$

 —

 

$

 —

 

$

 —

 

$

67

 

              Gains (losses) related to our designated hedge contracts are as follows (in thousands):

                                                                                                                                                                                    

 

 

Effective Portion
Reclassified From
AOCI to Earnings

 

Effective Portion
Recognized in Other
Comprehensive Income

 

 

 

Fiscal Year Ended

 

(in thousands)

 

2014

 

2015

 

2016

 

2014

 

2015

 

2016

 

Interest rate caps (cash flow hedges)

 

$

—

 

$

—

 

$

—

 

$

—

 

$

—

 

$
176

 

Interest rate swaps (cash flow hedges)

 

$

—

 

$

—

 

$

—

 

$
14

 

$
43

 

$
100