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Interest Rate Swaps (Tables) | 9 Months Ended
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Sep. 26, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Assets/Liabilities at Fair Value, Excluding Accrued Interest | The assets and liabilities measured at fair value related to the Company’s interest rate swaps, excluding accrued interest, were as follows (in thousands):
Derivatives Designated as Cash Flow Hedges |  | Balance Sheet Location |  | September 26, 2020 |  | December 28, 2019 |  | September 28, 2019
Interest rate swaps (short-term portion) |  | Other current assets |  | $ | — |  |  | $ | 558 |  |  | $ | 631 |
Interest rate swaps (long-term portion) |  | Other assets |  | — |  |  | 91 |  |  | 105 |
Total derivative assets |  |  |  | $ | — |  |  | $ | 649 |  |  | $ | 736 |
Interest rate swaps (short-term portion) |  | Other accrued expenses |  | $ | 2,831 |  |  | $ | 90 |  |  | $ | 57 |
Interest rate swaps (long-term portion) |  | Other long-term liabilities |  | 5,055 |  |  | 292 |  |  | 581 |
Total derivative liabilities |  |  |  | $ | 7,886 |  |  | $ | 382 |  |  | $ | 638 |
Derivative Instruments, Gain (Loss) | The following table summarizes the changes in AOCI, net of tax, related to the Company’s interest rate swaps (in thousands):
|  | September 26, 2020 |  | December 28, 2019 |  | September 28, 2019
Beginning fiscal year AOCI balance |  | $ | 199 |  |  | $ | 3,814 |  |  | $ | 3,814 |
Current fiscal period loss recognized in OCI |  | (6,066) |  |  | (4,332) |  |  | (4,458) |
Cumulative adjustment as a result of ASU 2017-12 adoption |  | — |  |  | 717 |  |  | 717 |
Other comprehensive loss, net of tax |  | (6,066) |  |  | (3,615) |  |  | (3,741) |
Ending fiscal period AOCI balance |  | $ | (5,867) |  |  | $ | 199 |  |  | $ | 73 |
Derivative Instruments, Gain (Loss), pre-tax | The following table summarizes the impact of pre-tax gains and losses derived from the Company’s interest rate swaps (in thousands):
|  |  | Fiscal Three Months Ended |  |  |  | Fiscal Nine Months Ended |  |
| Financial Statement Location |  | September 26, 2020 |  | September 28, 2019 |  | September 26, 2020 |  | September 28, 2019
Amount of gains/(losses) recognized in OCI during the period | Other comprehensive income/(loss) |  | $ | 629 |  |  | $ | (841) |  |  | $ | (8,153) |  |  | $ | (5,725) |
Derivative Instruments, Gain (Loss), tax impact | The following table summarizes the impact of taxes affecting AOCI as a result of the Company’s interest rate swaps (in thousands):
| Fiscal Three Months Ended |  |  |  | Fiscal Nine Months Ended |  |
| September 26, 2020 |  | September 28, 2019 |  | September 26, 2020 |  | September 28, 2019
Income tax expense/(benefit) of interest rate swaps on AOCI | $ | 161 |  |  | $ | (32) |  |  | $ | (2,087) |  |  | $ | (1,267) |

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