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Forgivable Loans

3 Months Ended

Apr. 02, 2016

Forgivable Loans.

Forgivable Loans

7. Forgivable Loans

        Forgivable loan activity for the fiscal quarter ended April 2, 2016 is as follows (in thousands):

		Forgivable Loans
Balance at January 2, 2016		$	44,685
Advances			1,157
Repayments			(257	)
Amortization			(4,065	)
Effect of foreign currency translation			4
​	​	​	​	​
Balance at April 2, 2016		$	41,524
​	​	​	​	​
​	​	​	​	​
Current portion of forgivable loans		$	3,556
​	​	​	​	​
​	​	​	​	​
Non-current portion of forgivable loans		$	37,968
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