v3.24.1.u1
Long-term Debt (Tables)
3 Months Ended
Mar. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consisted of the following (amounts in thousands):
March 30,
2024
December 30,
2023
2023 Credit Agreement:
Senior term loan due 2028$292,500 $294,375 
Long-term debt, gross292,500 294,375 
Less: Unamortized debt issuance costs
(1,544)(1,643)
Long-term debt, less unamortized debt issuance costs290,956 292,732 
Less: Current portion(5,625)(5,625)
Long-term debt, net$285,331 $287,107 
Schedule of Principal Maturities
Principal maturities of debt as of March 30, 2024 are as follows (amounts in thousands):
Remainder of fiscal 2024$3,750 
Fiscal 202515,000 
Fiscal 202615,000 
Fiscal 202715,000 
Fiscal 2028243,750 
Thereafter— 
Total$292,500 
Schedule of Interest Expense, Net
Interest expense, net, consisted of the following (amounts in thousands):
13 Weeks Ended
March 30,
2024
April 1,
2023
Interest on loans$5,678 $7,107 
Amortization of debt issuance costs and debt discounts228 401 
Interest on finance leases95 72 
Interest income(2,492)(1,661)
Capitalized interest(333)— 
Interest expense, net$3,176 $5,919 
Schedule of Loss on Debt Extinguishment and Modification Cost
Loss on debt extinguishment and modification consisted of the following (amounts in thousands):
13 Weeks Ended
March 30,
2024
April 1,
2023
Write off of debt issuance costs$— $4,518 
Write off of debt discounts— 578 
Debt modification costs— 244 
Loss on debt extinguishment and modification$— $5,340