v3.23.3
Debt (Tables)
 9 Months Ended
Sep. 24, 2023
Debt Disclosure [Abstract]  
Schedule of long-term debt, net
Long-term debt, net, consists of the following (in thousands):
September 24,
2023		December 25,
2022
Senior notes$400,000$400,000
Revolving facilities (a)
390,789205,000
Outstanding debt$790,789$605,000
Unamortized debt issuance costs(6,790)(7,931)
Current portion of long-term debt(14,789)—
Total long-term debt, net$769,210$597,069
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(a)    Revolving facilities as of September 24, 2023 includes $14.8 million outstanding under the PJMF Revolving Facility as defined and discussed below.
Schedule of notional value of derivatives
As of September 24, 2023, we have the following interest rate swap agreements:
Effective DatesFloating Rate Debt Fixed Rates
June 23, 2023 through June 30, 2025$50 million4.55%
June 23, 2023 through June 30, 2025$50 million4.55%
Schedule of location and amounts of derivatives in the financial statements
The following table provides information on the location and amounts of our current and expired swaps in the accompanying condensed consolidated financial statements (in thousands):
Interest Rate Swap Derivatives
Balance Sheet LocationFair Value
September 24,
2023		Fair Value
December 25,
2022
Other current assets$726$986
Other assets$59$—
Schedule of effect of derivatives on the financial statements
The effect of derivative instruments on the accompanying condensed consolidated financial statements is as follows (in thousands):
Derivatives -
Cash Flow
Hedging
Relationships		Amount of Gain or
(Loss) Recognized
in AOCL
on Derivative		Location of (Loss)
or Gain
Reclassified from
AOCL into
Income		Amount of (Loss) or Gain
Reclassified from
AOCL into
Income		Total Net Interest Expense
on Condensed
Consolidated Statements
of Operations
Interest rate swaps for the three months ended:
September 24, 2023$801Interest expense$203 $(11,378)
September 25, 2022$901Interest expense$(1,650)$(7,623)
Interest rate swaps for the nine months ended:
September 24, 2023$2,225Interest Expense$(40)$(31,674)
September 25, 2022$3,664Interest Expense$(1,850)$(17,967)