Annual report pursuant to Section 13 and 15(d)

Derivatives and Risk Management (Tables)

v3.8.0.1
Derivatives and Risk Management (Tables)
 12 Months Ended
Dec. 28, 2017
Derivatives and Risk Management  
Schedule of derivative position

Derivative Position as of December 28, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

Final Maturity

 

Other

 

AOCI, Net

(in thousands)

    

Notional Balance

    

Date

    

Assets

    

of Tax

Designated as hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate cap (cash flow hedge)

 

$

102,500

 

U.S. dollars

 

December 2021

 

$

710

 

$

(133)

Not designated as hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate cap

 

$

102,500

 

U.S. dollars

 

December 2021

 

$

710

 

$

(72)

 

Derivative Position as of December 29, 2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

Final Maturity

 

Other

 

AOCI, Net

(in thousands)

    

Notional Balance

    

Date

    

Assets

 

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

 

$

 —

 

$

 —

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Effective Portion Reclassified

 

Effective Portion Recognized in

 

 

From AOCI to Earnings

 

Other Comprehensive Income (Loss)

 

 

Year Ended

 

 

December 28,

 

December 29,

 

December 31,

 

December 28,

 

December 29,

 

December 31,

(in thousands)

    

2017

    

2016

    

2015

    

2017

    

2016

    

2015

Interest rate cap (cash flow hedge)

 

$

 —

 

$

—

 

$

—

 

$

(381)

 

$

176

 

$

—

Interest rate swaps (cash flow hedges)

 

$

 —

 

$

 —

 

$

 —

 

$

 —

 

$

100

 

$

43