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Interest Rate Swaps (Tables)
 3 Months Ended
Mar. 27, 2021
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 LocationMarch 27,
2021		December 26,
2020		March 28,
2020
Interest rate swaps (short-term portion)Other accrued expenses$1,229 $1,227 $2,512 
Interest rate swaps (long-term portion)Other long-term liabilities274 3,137 4,277 
Total derivative liabilities$1,503 $4,364 $6,789 
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):

March 27,
2021		December 26,
2020		March 28,
2020
Beginning fiscal year AOCI balance$(3,243)$199 $199 
Current fiscal period gain/(loss) recognized in OCI2,125 (5,666)(5,250)
Amounts reclassified from AOCI— 2,224 — 
Other comprehensive gain/(loss), net of tax2,125 (3,442)(5,250)
Ending fiscal period AOCI balance$(1,118)$(3,243)$(5,051)
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
Financial Statement LocationMarch 27,
2021		March 28,
2020
Amount of gains/(losses) recognized in OCI during the periodOther comprehensive income/(loss)$2,861 $(7,056)
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
March 27,
2021		March 28,
2020
Income tax expense/(benefit) of interest rate swaps on AOCI$736 $(1,806)