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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Fair value measured on recurring basis
The following tables presents the Company's financial instruments that are measured at fair value on a recurring and nonrecurring basis as of December 31, 2016 and January 2, 2016 and are categorized using the fair value hierarchy under FASB authoritative guidance.  The fair value hierarchy has three levels based on the reliability of the inputs used to determine the fair value.
        
 
 
Fair Value Measurements at December 31, 2016 Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)
Total
(Level 1)
(Level 2)
(Level 3)
Assets
 
 
 
 
Derivative assets
$
13,325

$

$
13,325

$

Total Assets
13,325


13,325


 
 
 
 
 
Liabilities
 
 
 
 
Derivative liabilities
730


730


5.375% Senior Notes
520,300


520,300


4.75% Senior Notes
575,111


575,111


Term Loan A
120,403


120,403


Term Loan B
593,347


593,347


Revolver
5,201


5,201


Total Liabilities
$
1,815,092

$

$
1,815,092

$




 
 
Fair Value Measurements at January 2, 2016 Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)
Total
(Level 1)
(Level 2)
(Level 3)
Assets
 
 
 
 
Derivative assets
$
4,458

$

$
4,458

$

Total Assets
4,458


4,458


 
 
 
 
 
Liabilities
 
 
 
 
Derivative liabilities
4,437


4,437


5.375% Senior Notes
495,000


495,000


4.75% Senior Notes
541,280


541,280


Term Loan A
277,874


277,874


Term Loan B
577,710


577,710


Revolver
9,218


9,218


Total Liabilities
$
1,905,519

$

$
1,905,519

$