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Mortgage

12 Months Ended

Jan. 03, 2015

Debt Disclosure [Abstract]

Mortgage

Mortgage

We have a ten year mortgage loan with German American Capital Corporation and Wells Fargo Bank. The mortgage matures on July 1, 2016, and is secured by the Company’s 49 distribution facilities. The stated interest rate on the mortgage is fixed at 6.35%. Loan principal will be paid in the following increments:

	Principal Payments
	(In thousands)
2015	$	2,678
2016	175,044
Total	$	177,722

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- Definition

Represents the complete disclosure pertaining to short-term and long-term contractual arrangements with lenders for the Company's mortgage. The terms, including the outstanding balance, the interest rate, and principle payment schedule, are described in this footnote.

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