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Accumulated Other Comprehensive Loss
12 Months Ended
Dec. 30, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Loss
Changes in the fair value of the Company’s cash flow hedge derivative instruments from their inception are recorded in AOCL if the instruments are deemed to be highly effective as cash flow hedges. The following table presents the changes in AOCL, net of tax during the fiscal years 2023, 2022 and 2021, respectively:
In thousandsFiscal Year 2023Fiscal Year 2022Fiscal Year 2021
Cash flow hedging activity
Balance at beginning of fiscal year$(1,179)$(1,940)$(4,400)
Other comprehensive income (loss) before reclassification— — (10)
Tax effect of other comprehensive income (loss) before reclassification — — 3 
Amount reclassified from AOCL1,019 1,020 6,168 
Tax effect of amount reclassified from AOCL (259)(259)(1,576)
Stranded tax effect of matured interest rate swaps— — (2,125)
Net current period other comprehensive income (loss), net of tax760 761 2,460 
Balance at end of fiscal year$(419)$(1,179)$(1,940)
See Note 13. “Interest Rate Derivatives” for a description of the Company’s use of cash flow hedging derivatives.