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Derivative and Hedging Activities (Tables)
9 Months Ended
Sep. 24, 2013
Derivative and Hedging Activities  
Summary of fair value presentation of derivative instruments designated as hedging instrument

 

 

 

 

Derivative Assets

 

Derivative Liabilities

 

 

 

Balance 
Sheet 
Location

 

September 24,
2013

 

December 25, 
2012

 

September 24,
 2013

 

December 25,
2012

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative Contracts Designated as Hedging Instruments under ASC 815

 

(1)

 

 

 

 

 

 

 

 

 

Interest rate swaps

 

 

 

$

 

$

 

$

2,980

 

$

4,016

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Derivative Contracts

 

 

 

$

 

$

 

$

2,980

 

$

4,016

 

 

 

(1)

Derivative assets and liabilities are included in fair value of derivative financial instruments in the unaudited condensed consolidated balance sheets.

Summary of effect of interest rate swaps in the consolidated statements of income and comprehensive income

 

 

13 Weeks Ended

 

39 Weeks Ended

 

 

 

September 
24, 2013

 

September 
25, 2012

 

September 
24, 2013

 

September 
25, 2012

 

 

 

 

 

 

 

 

 

 

 

Gain (loss) recognized in AOCI, net of tax (effective portion)

 

$

97

 

$

28

 

$

634

 

$

(78

)

Loss reclassified from AOCI to income (effective portion)

 

$

378

 

$

363

 

$

1,106

 

$

1,082