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Derivative Instruments and Hedging Activities (Tables) | 9 Months Ended
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Sep. 29, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of derivative instruments in statement of financial position, fair value | The following table presents the fair value and classification of the Company’s swap agreements, as of the periods indicated:
(dollars in thousands) | SEPTEMBER 29, 2019 |  | DECEMBER 30, 2018 |  | CONSOLIDATED BALANCE SHEET CLASSIFICATION
Interest rate swaps - asset (1) | $ | — |  |  | $ | 765 |  |  | Other current assets, net
Interest rate swaps - liability | $ | 6,860 |  |  | $ | 1,393 |  |  | Accrued and other current liabilities
Interest rate swaps - liability | 21,116 |  |  | 9,723 |  |  | Other long-term liabilities, net
Total fair value of derivative instruments - liabilities (1) | $ | 27,976 |  |  | $ | 11,116 |  |  |
____________________ (1) See Note 14 - Fair Value Measurements for fair value discussion of the interest rate swaps.
Schedule of derivatives instruments statements of financial performance, location | The following table summarizes the effects of the swap agreements on Net income for the periods indicated:
| THIRTEEN WEEKS ENDED |  | THIRTY-NINE WEEKS ENDED
(dollars in thousands) | SEPTEMBER 29, 2019 |  | SEPTEMBER 30, 2018 |  | SEPTEMBER 29, 2019 |  | SEPTEMBER 30, 2018
Interest rate swap (expense) benefit recognized in Interest expense, net | $ | (1,095 | ) |  | $ | 68 |  |  | $ | (779 | ) |  | $ | (442 | )
Income tax benefit (expense) recognized in (Benefit) provision for income taxes | 283 |  |  | (17 | ) |  | 201 |  |  | 114 |
Total effects of the interest rate swaps on Net income | $ | (812 | ) |  | $ | 51 |  |  | $ | (578 | ) |  | $ | (328 | )

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 + Details
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- Definition Tabular disclosure of derivative instruments (including nonderivative instruments that are designated and qualify as hedging instruments) of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5618551-113959 + Details
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