v3.25.2
Debt Obligations (Tables)
 6 Months Ended
Jun. 27, 2025
Debt Disclosure [Abstract]  
Schedule of debt obligations
Debt obligations as of June 27, 2025 and December 27, 2024 consisted of the following:
Weighted Average Effective Interest Rate at June 27, 2025
MaturityJune 27, 2025December 27, 2024
Senior secured term loans8.57 %August 2029$253,500 $260,000 
2028 Convertible senior notes2.77 %December 2028287,500 287,500 
Asset-based loan facility6.45 %March 2027100,000 120,000 
Finance leases and other financing obligations7.28 %Various80,398 52,673 
Unamortized deferred costs(12,101)(13,389)
Total debt obligations709,297 706,784 
Less: current installments(19,074)(18,040)
Total long-term debt$690,223 $688,744 
Schedule of convertible senior notes
The net carrying value of the Company’s 2028 convertible senior notes as of June 27, 2025 and December 27, 2024 was:
June 27, 2025December 27, 2024
Principal AmountUnamortized Deferred CostsNet AmountPrincipal AmountUnamortized Deferred CostsNet Amount
2028 Convertible Notes$287,500 $(4,011)$283,489 $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 EndedTwenty-Six Weeks Ended
 June 27, 2025June 28, 2024June 27, 2025June 28, 2024
Coupon interest$1,707 $1,893 $3,414 $3,786 
Amortization of deferred costs and premium287 333 573 666 
Total interest$1,994 $2,226 $3,987 $4,452