Annual report pursuant to Section 13 and 15(d)

Derivatives and Risk Management (Tables)

v3.19.3.a.u2
Derivatives and Risk Management (Tables)
12 Months Ended
Dec. 26, 2019
Derivatives and Risk Management  
Schedule of derivative position

Derivative Position as of December 26, 2019:

    

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

$

20

$

236

Not designated as hedges:

Interest rate cap

$

102,500

U.S. dollars

December 2021

$

$

(43)

Derivative Position as of December 27, 2018:

    

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

$

1,076

$

177

Not designated as hedges:

Interest rate cap

$

102,500

U.S. dollars

December 2021

$

1,075

$

9

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)

Fiscal Year Ended

Fiscal Year Ended

December 26,

December 27,

December 28,

December 26,

December 27,

December 28,

(in thousands)

    

2019

    

2018

    

2017

    

2019

    

2018

    

2017

Interest rate cap (cash flow hedge)

$

$

$

$

(379)

$

391

$

(381)

Interest rate swaps (cash flow hedges)

$

$

$

$

$

$