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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 27, 2015
Fair Value Disclosures [Abstract] |
Schedule of assets and liabilities measured at fair value on a recurring basis | The following table presents the Company’s financial assets and liabilities measured at fair value by hierarchy level on a recurring basis as of December 27, 2015 and December 28, 2014:
| DECEMBER 27, 2015 |  | DECEMBER 28, 2014
(dollars in thousands) | TOTAL |  | LEVEL 1 |  | LEVEL 2 |  | TOTAL |  | LEVEL 1 |  | LEVEL 2
Assets: |  |  |  |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |  |  |  |
Fixed income funds | $ | 6,333 |  |  | $ | 6,333 |  |  | $ | — |  |  | $ | 4,602 |  |  | $ | 4,602 |  |  | $ | — |
Money market funds | 7,168 |  |  | 7,168 |  |  | — |  |  | 7,842 |  |  | 7,842 |  |  | — |
Restricted cash equivalents: |  |  |  |  |  |  |  |  |  |  |
Fixed income funds | 551 |  |  | 551 |  |  | — |  |  | — |  |  | — |  |  | — |
Money market funds | 2,681 |  |  | 2,681 |  |  | — |  |  | 3,360 |  |  | 3,360 |  |  | — |
Other current assets, net: |  |  |  |  |  |  |  |  |  |  |
Derivative instruments - foreign currency forward contracts | 59 |  |  | — |  |  | 59 |  |  | — |  |  | — |  |  | — |
Total asset recurring fair value measurements | $ | 16,792 |  |  | $ | 16,733 |  |  | $ | 59 |  |  | $ | 15,804 |  |  | $ | 15,804 |  |  | $ | — |
Liabilities: |  |  |  |  |  |  |  |  |  |  |
Accrued and other current liabilities: |  |  |  |  |  |  |  |  |  |  |
Derivative instruments - interest rate swaps | $ | 5,142 |  |  | $ | — |  |  | $ | 5,142 |  |  | $ | 2,617 |  |  | $ | — |  |  | $ | 2,617 |
Derivative instruments - commodities | 583 |  |  | — |  |  | 583 |  |  | 566 |  |  | — |  |  | 566 |
Derivative instruments - foreign currency forward contracts | 703 |  |  | — |  |  | 703 |  |  | — |  |  | — |  |  | — |
Other long-term liabilities: |  |  |  |  |  |  |  |  |  |  |
Derivative instruments - interest rate swaps | 5,007 |  |  | — |  |  | 5,007 |  |  | 1,307 |  |  | — |  |  | 1,307 |
Total liability recurring fair value measurements | $ | 11,435 |  |  | $ | — |  |  | $ | 11,435 |  |  | $ | 4,490 |  |  | $ | — |  |  | $ | 4,490 |
Fair value inputs, assets and liabilities, quantitative information | Fair value of each class of financial instrument is determined based on the following:
FINANCIAL INSTRUMENT |  | METHODS AND ASSUMPTIONS
Fixed income funds and Money market funds |  | Carrying value approximates fair value because maturities are less than three months.
Derivative instruments |  | The Company’s derivative instruments include interest rate swaps, interest rate caps, foreign currency forward contracts and commodities. Fair value measurements are based on the contractual terms of the derivatives and use observable market-based inputs. The interest rate swaps are valued using a discounted cash flow analysis on the expected cash flows of each derivative using observable inputs including interest rate curves and credit spreads. The foreign currency forwards are valued by comparing the contracted forward exchange rate to the current market exchange rate. Key inputs for the valuation of the foreign currency forwards are spot rates, foreign currency forward rates, and the interest rate curve of the domestic currency. The Company incorporates credit valuation adjustments to reflect both its own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. As of December 27, 2015 and December 28, 2014, the Company has determined that the credit valuation adjustments are not significant to the overall valuation of its derivatives.
Fair value, assets and liabilities measured on a nonrecurring basis | The following table summarizes the fair value remeasurements for Assets held for sale and Property, fixtures and equipment for fiscal years 2015, 2014 and 2013 aggregated by the level in the fair value hierarchy within which those measurements fall:
| 2015 |  | 2014 |  | 2013
(dollars in thousands) | CARRYING VALUE |  | TOTAL IMPAIRMENT |  | CARRYING VALUE |  | TOTAL IMPAIRMENT |  | CARRYING VALUE |  | TOTAL IMPAIRMENT
Assets held for sale (1) | $ | 4,136 |  |  | $ | 1,028 |  |  | $ | 9,613 |  |  | $ | 23,974 |  |  | $ | — |  |  | $ | — |
Property, fixtures and equipment (2) | 3,634 |  |  | 27,126 |  |  | 2,429 |  |  | 13,097 |  |  | 9,990 |  |  | 19,761 |
| $ | 7,770 |  |  | $ | 28,154 |  |  | $ | 12,042 |  |  | $ | 37,071 |  |  | $ | 9,990 |  |  | $ | 19,761 |
________________
(1) | Carrying value approximates fair value with all assets measured using Level 2 inputs. Third-party market appraisals (Level 2) and purchase contracts (Level 2) were used to estimate the fair value. Refer to Note 4 - Impairments, Disposals and Exit Costs for discussion of impairments related to corporate airplanes and Roy’s.
(2) | Carrying value approximates fair value. Carrying values for assets measured using Level 2 inputs totaled $2.5 million, $1.8 million and $8.3 million for fiscal years 2015, 2014 and 2013, respectively. Assets measured using Level 3 inputs, had carrying values of $1.1 million, $0.6 million and $1.6 million for fiscal years 2015, 2014 and 2013, respectively. Third-party market appraisals (Level 2) and discounted cash flow models (Level 3) were used to estimate the fair value. Refer to Note 4 - Impairments, Disposals and Exit Costs for discussion of impairments related to restaurant closure initiatives and the Bonefish Restructuring.
Schedule of carrying value and fair value of senior secured credit facilities, CMBS loan and other unsecured debt | The following table includes the carrying value and fair value of the Company’s debt as of December 27, 2015 and December 28, 2014 aggregated by the level in the fair value hierarchy in which those measurements fall:
| 2015 |  | 2014
|  |  | FAIR VALUE |  |  |  | FAIR VALUE
(dollars in thousands) | CARRYING VALUE |  | LEVEL 2 |  | LEVEL 3 |  | CARRYING VALUE |  | LEVEL 2 |  | LEVEL 3
Senior Secured Credit Facility: |  |  |  |  |  |  |  |  |  |  |
Term loan A | $ | 277,500 |  |  | $ | 276,459 |  |  | $ | — |  |  | $ | 296,250 |  |  | $ | 294,769 |  |  | $ | — |
Term loan A-1 | 150,000 |  |  | 149,438 |  |  | — |  |  | — |  |  | — |  |  | — |
Term loan B | — |  |  | — |  |  | — |  |  | 225,000 |  |  | 222,188 |  |  | — |
Revolving credit facility | 432,000 |  |  | 429,300 |  |  | — |  |  | 325,000 |  |  | 322,563 |  |  | — |
2012 CMBS loan: |  |  |  |  |  |  |  |  |  |  |
Mortgage loan | 289,588 |  |  | — |  |  | 293,222 |  |  | 299,765 |  |  | — |  |  | 308,563 |
First mezzanine loan | 84,028 |  |  | — |  |  | 83,608 |  |  | 85,127 |  |  | — |  |  | 85,187 |
Second mezzanine loan | 85,353 |  |  | — |  |  | 85,780 |  |  | 86,067 |  |  | — |  |  | 86,988 |
Other notes payable | 931 |  |  | — |  |  | 918 |  |  | 2,722 |  |  | — |  |  | 2,625 |
Fair value inputs, liabilities, quantitative information | Fair value of debt is determined based on the following:
DEBT FACILITY |  | METHODS AND ASSUMPTIONS
Senior Secured Credit Facility |  | Quoted market prices in inactive markets.
2012 CMBS loan |  | Assumptions derived from current conditions in the real estate and credit markets, changes in the underlying collateral and expectations of management.
Other notes payable |  | Discounted cash flow approach. Discounted cash flow inputs primarily include cost of debt rates which are used to derive the present value factors for the determination of fair value.

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- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of assets and liabilities. This disclosure may include, but is not limited to, the fair value of the asset or liability, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. + References No definition available. + Details
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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19296-110258 + Details
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- Definition Tabular disclosure of quantitative information about the inputs used in the fair value measurement of liabilities. This disclosure may include, but is not limited to, the fair value of the liability, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
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- 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/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19190-110258 + Details
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