Annual report [Section 13 and 15(d), not S-K Item 405]

Derivatives and Risk Management (Tables)

v3.22.0.1
Derivatives and Risk Management (Tables)
 12 Months Ended
Dec. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Position
Derivative Position as of December 30, 2021:
in thousands
Notional Balance
Final Maturity
Date
Other
Assets
AOCI, Net
of Tax
Designated as hedges:
Interest rate cap (cash flow hedge) $ 75,000  U.S. dollars April 2024 $ 262  $ (106)
Interest rate cap (cash flow hedge) $ 75,000  U.S. dollars April 2024 $ 262  $ (108)
Interest rate cap (cash flow hedge) $ 102,500  U.S. dollars December 2021 $ —  $ (272)
Not designated as hedges:
Interest rate cap $ 102,500  U.S. dollars December 2021 $ —  $ (49)
Derivative Position as of December 31, 2020:
in thousands
Notional Balance
Final Maturity
Date
Other
Assets
AOCI, Net
of Tax
Designated as hedges:
Interest rate cap (cash flow hedge) $ 102,500  U.S. dollars December 2021 $ —  $ (89)
Not designated as hedges:
Interest rate cap $ 102,500  U.S. dollars December 2021 $ —  $ (75)
Schedule of Gains (Losses) Related to Our Designated Hedge Contracts
Gains (losses) related to designated hedge contracts are as follows:
Effective Portion Recognized in
Other Comprehensive Income (Loss)
Fiscal Year Ended
in thousands December 30,
2021		 December 31,
2020		 December 26,
2019
Interest rate cap (cash flow hedge) $ 371  $ 357  $ (379)