XML 43 R31.htm IDEA: XBRL DOCUMENT
v3.20.2

Fair Value of Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 28, 2020
Fair Value Disclosures [Abstract] |
Fair Value Hierarchy | At June 28, 2020, June 30, 2019 and December 29, 2019, the Company had the following assets and liabilities measured at fair value in its consolidated balance sheets (excluding assets for which the fair value is measured using net asset value per share):
| Fair Value Measurements Using: |  |  |  |  |  |
| Fair Value |  | Quoted Prices in Active Markets for Identical Assets (Level 1) |  | Significant Other Observable Inputs (Level 2) |  | Significant Unobservable Inputs (Level 3)
June 28, 2020 |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |
Available-for-sale securities | $ | 2,741 |  |  | 2,741 |  |  | — |  |  | — |
Derivatives | 28,941 |  |  | — |  |  | 28,941 |  |  | — |
Total assets | $ | 31,682 |  |  | 2,741 |  |  | 28,941 |  |  | — |
Liabilities: |  |  |  |  |  |  |
Derivatives | $ | 2,893 |  |  | — |  |  | 2,893 |  |  | — |
Option agreement | 20,690 |  |  | — |  |  | — |  |  | 20,690 |
Total liabilities | $ | 23,583 |  |  | — |  |  | 2,893 |  |  | 20,690 |
June 30, 2019 |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |
Available-for-sale securities | $ | 1,349 |  |  | 1,349 |  |  | — |  |  | — |
Derivatives | 24,622 |  |  | — |  |  | 24,622 |  |  | — |
Total assets | $ | 25,971 |  |  | 1,349 |  |  | 24,622 |  |  | — |
Liabilities: |  |  |  |  |  |  |
Derivatives | $ | 1,894 |  |  | — |  |  | 1,894 |  |  | — |
Option agreement | 22,471 |  |  | — |  |  | — |  |  | 22,471 |
Total liabilities | $ | 24,365 |  |  | — |  |  | 1,894 |  |  | 22,471 |
December 29, 2019 |  |  |  |  |  |  |
Assets: |  |  |  |  |  |  |
Available-for-sale securities | $ | 1,296 |  |  | 1,296 |  |  | — |  |  | — |
Derivatives | 48,973 |  |  | — |  |  | 48,973 |  |  | — |
Total assets | $ | 50,269 |  |  | 1,296 |  |  | 48,973 |  |  | — |
Liabilities: |  |  |  |  |  |  |
Derivatives | $ | 5,733 |  |  | — |  |  | 5,733 |  |  | — |
Option agreement | 22,145 |  |  | — |  |  | — |  |  | 22,145 |
Total Liabilities | $ | 27,878 |  |  | — |  |  | 5,733 |  |  | 22,145 |
Reconciliation of Level 3 Fair Value | The following is a reconciliation of the beginning and ending balances of the fair value measurements of the Company's financial instruments which use significant unobservable inputs (Level 3):
| 2020 |  | 2019
Balance at beginning of year | $ | (22,145) |  |  | (23,440) |
Gain from change in fair value | 1,455 |  |  | 969 |
Balance at end of second quarter | $ | (20,690) |  |  | (22,471) |

X
- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration