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Debt and Credit Arrangements (Tables) | 12 Months Ended
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Dec. 30, 2018
Debt and Credit Arrangements |
Schedule of Long-Term Debt, Net | Long-term debt, net consists of the following (in thousands):
|  |  |  | December 30, |  |  | December 31,
|  |  |  | 2018 |  |  | 2017
Outstanding debt |  |  | $ | 625,000 |  | $ | 470,000
Unamortized debt issuance costs |  |  |  | (3,874) |  |  | (3,435)
Current portion of long-term debt |  |  |  | (20,000) |  |  | (20,000)
Total long-term debt, less current portion, net |  |  | $ | 601,126 |  | $ | 446,565
Schedule of Interest Rate Swap Agreements | As of December 30, 2018, we have the following interest rate swap agreements:
Effective Dates |  | Floating Rate Debt |  | Fixed Rates |
April 30, 2018 through April 30, 2023 |  | $ | 55 | million |  | 2.33 | %
April 30, 2018 through April 30, 2023 |  | $ | 35 | million |  | 2.36 | %
April 30, 2018 through April 30, 2023 |  | $ | 35 | million |  | 2.34 | %
January 30, 2018 through August 30, 2022 |  | $ | 100 | million |  | 1.99 | %
January 30, 2018 through August 30, 2022 |  | $ | 75 | million |  | 1.99 | %
January 30, 2018 through August 30, 2022 |  | $ | 75 | million |  | 2.00 | %
January 30, 2018 through August 30, 2022 |  | $ | 25 | million |  | 1.99 | %
Schedule of Location and Amounts of Swaps in the Accompanying Consolidated Financial Statements | The following table provides information on the location and amounts of our swaps in the accompanying Consolidated Financial Statements (in thousands):
|  | Interest Rate Swap Derivatives
|  | Fair Value |  | Fair Value
|  | December 30, |  | December 31,
Balance Sheet Location |  | 2018 |  | 2017
Other current and long-term assets |  | $ | 4,905 |  | $ | 651
Schedule of Effect of Derivative Instruments on the Accompanying Consolidated Financial Statements | The effect of derivative instruments on the accompanying Consolidated Financial Statements is as follows (in thousands):
|  |  |  | Location of Gain |  | Amount of Gain |  |
Derivatives - |  | Amount of Gain or |  | or (Loss) |  | or (Loss) |  | Total Interest Expense
Cash Flow |  | (Loss) Recognized |  | Reclassified from |  | Reclassified from |  | on Consolidated
Hedging |  | in AOCI/AOCL |  | AOCI/AOCL into |  | AOCI/AOCL into |  | Statements of
Relationships |  | on Derivative |  | Income |  | Income |  | Operations
Interest rate swaps: |  |  |  |  |  |
2018 |  | $ | 3,222 |  |  | Interest expense |  | $ | (22) |  | $ | (25,306)
2017 |  | $ | 891 |  |  | Interest expense |  | $ | (421) |  | $ | (11,283)
2016 |  | $ | 940 |  |  | Interest expense |  | $ | (1,161) |  | $ | (7,397)

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