XML 58 R18.htm IDEA: XBRL DOCUMENT
v3.19.3

Interest Expense (Income) | 9 Months Ended
--- | ---
Sep. 28, 2019
Banking And Thrift Interest [Abstract] |
Interest Expense (Income) |
12. | INTEREST EXPENSE (INCOME): The components of net interest expense for the third quarter and first nine months of 2019 and 2018 are as follows (in thousands):
|  | Three Months (13 Weeks) Ended |  |  | Nine Months (39 Weeks) Ended |
|  | Sept. 28, 2019 |  |  | Sept. 29, 2018 |  |  | Sept. 28, 2019 |  |  | Sept. 29, 2018 |
Interest expense |  | $ | 40,721 |  |  | $ | 44,789 |  |  | $ | 119,736 |  |  | $ | 120,308 |
Interest income |  |  | (9,435 | ) |  |  | (7,588 | ) |  |  | (26,977 | ) |  |  | (16,542 | )
Interest expense, net |  | $ | 31,286 |  |  | $ | 37,201 |  |  | $ | 92,759 |  |  | $ | 103,766 |
Interest expense decreased in the third quarter and first nine months of 2019 as compared to the third quarter and first nine months of 2018 due to an increase in capitalized interest related to capital projects being constructed in the first nine months of 2019. Included in interest expense in the first nine months of 2018 was the benefit received from the settlement of a treasury lock instrument that was entered into in anticipation of the Company’s debt issuance that occurred in the second quarter of 2018. The Company did not elect hedge accounting for this instrument.

X
- References No definition available. + Details
Name: | us-gaap_BankingAndThriftInterestAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.1-12) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 + Details
Name: | us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration