v3.25.1
Debt Obligations (Tables)
 3 Months Ended
Mar. 28, 2025
Debt Disclosure [Abstract]  
Schedule of debt obligations
Debt obligations as of March 28, 2025 and December 27, 2024 consisted of the following:
Weighted Average Effective Interest Rate at March 28, 2025
MaturityMarch 28, 2025December 27, 2024
Senior secured term loans8.57 %August 2029$259,250 $260,000 
2028 Convertible senior notes2.77 %December 2028287,500 287,500 
Asset-based loan facility6.47 %March 2027100,000 120,000 
Finance leases and other financing obligations6.79 %Various67,583 52,673 
Unamortized deferred costs(12,986)(13,389)
Total debt obligations701,347 706,784 
Less: current installments(20,269)(18,040)
Total long-term debt$681,078 $688,744 
Schedule of convertible senior notes
The net carrying value of the Company’s 2028 convertible senior notes as of March 28, 2025 and December 27, 2024 was:
March 28, 2025December 27, 2024
Principal AmountUnamortized Deferred CostsNet AmountPrincipal AmountUnamortized Deferred CostsNet Amount
2028 Convertible Notes$287,500 $(4,297)$283,203 $287,500 $(4,584)$282,916 
Schedule of components of interest expense
The components of interest expense on the Company’s convertible notes were as follows:

 Thirteen Weeks Ended
 March 28, 2025March 29, 2024
Coupon interest$1,707 $1,893 
Amortization of deferred costs and premium286 333 
Total interest$1,993 $2,226