Shareholders' Deficit (Tables)

9 Months Ended

Sep. 23, 2020

Stockholders' Equity Attributable to Parent [Abstract]

Components of Accumulated Other Comprehensive Income (Loss)

The components of the change in accumulated other comprehensive loss, net were as follows:


	Defined Benefit Plans		Derivatives		Accumulated Other Comprehensive Loss, Net
	(In thousands)
Balance as of December 25, 2019	$	(781)	$	(33,179)	$	(33,960)

Amortization of net loss ⁽¹⁾	67		—		67

Changes in the fair value of cash flow derivatives	—		(47,139)		(47,139)
Reclassification of cash flow derivatives to interest expense, net ⁽²⁾	—		2,097		2,097
Reclassification of loss related to dedesignation of derivatives to other nonoperating expense (income)⁽³⁾	—		7,354		7,354
Amortization of unrealized losses related to dedesignated derivatives to interest expense, net⁽³⁾	—		552		552
Income tax (expense) benefit related to items of other comprehensive loss	(17)		9,841		9,824
Balance as of September 23, 2020	$	(731)	$	(60,474)	$	(61,205)

(1) Amount related to our defined benefit plans that was reclassified from accumulated other comprehensive loss, net and included as a component of pension expense within general and administrative expenses in our Condensed Consolidated Statements of Operations during the three quarters ended September 23, 2020.

(2) Amounts reclassified from accumulated other comprehensive loss, net into interest expense, net in our Condensed Consolidated Statements of Operations represent payments either received from or made to the counterparty for the interest rate swaps. See Note 7 for additional details.

(3) During the quarter ended June 24, 2020, we dedesignated the cash flow relationship and discontinued hedge accounting treatment for the 2018 Swaps. As a result, we reclassified approximately $7.4 million of losses from accumulated other comprehensive loss, net to other nonoperating expense (income), net in our Condensed Consolidated Statements of Operations related to the portion of forecasted transaction no longer considered probable of occurring. The remaining losses related to the 2018 Swaps will continue to be included in accumulated other comprehensive loss, net and will be amortized as a component of interest expense, net in our Condensed Consolidated Statements of Operations over the remaining term of the 2018 Swaps. For the three quarters ended September 23, 2020, we amortized approximately $0.6 million of losses to interest expense, net related to the 2018 Swaps. See Note 7 for additional details.