Long-term Debt (Tables)

6 Months Ended

Jun. 28, 2025

Long-term debt consisted of the following (amounts in thousands):


	June 28, 2025		December 28, 2024
2023 Credit Agreement:
Senior term loan due 2028	$	285,000	$	288,750
Revolving credit facility	190,000		190,000

Long-term debt, gross	475,000		478,750
Less: Unamortized debt issuance costs	(1,050)		(1,248)
Long-term debt, less unamortized debt issuance costs	473,950		477,502
Less: Current portion	(18,750)		(15,000)
Long-term debt, net	$	455,200	$	462,502

Schedule of Principal Maturities

Principal maturities of debt as of June 28, 2025 are as follows (amounts in thousands):


Remainder of fiscal 2025	$	11,250
Fiscal 2026	15,000
Fiscal 2027	15,000
Fiscal 2028	433,750
Fiscal 2029 and thereafter	—

Total	$	475,000

Schedule of Interest Expense, Net

Interest expense, net, consisted of the following (amounts in thousands):


	13 Weeks Ended				26 Weeks Ended
	June 28, 2025		June 29, 2024		June 28, 2025		June 29, 2024
Interest on loans	$	8,103	$	7,089	$	16,100	$	12,767
Amortization of debt issuance costs and debt discounts	227		227		455		455
Interest on finance leases	55		84		114		179
Other	—		24		—		24
Interest income	(1,232)		(1,524)		(2,522)		(4,016)
Capitalized interest	(609)		(341)		(1,083)		(674)
Interest expense, net	$	6,544	$	5,559	$	13,064	$	8,735

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details