v3.26.1
TERM DEBT, REVOLVING CREDIT FACILITY AND OTHER NOTES PAYABLE
 3 Months Ended
Mar. 29, 2026
Debt Disclosure [Abstract]  
TERM DEBT, REVOLVING CREDIT FACILITY AND OTHER NOTES PAYABLE TERM DEBT, REVOLVING CREDIT FACILITY AND OTHER NOTES PAYABLE
Term debt and revolving credit facilities consisted of the following:
Debt (in millions)
Original Principal BalanceMaturity Date
As of
March 29, 2026
As of December 28, 2025
Term Loan B (1)
$795.0 January-32$630.3 $630.3 
Real Estate Term Loan (2)
$88.1 October-3256.4 57.0 
Equipment loans (3)
$211.1 160.0 167.0 
Asset based lending (“ABL”) facilityJuly-280.2 0.2 
Net impact of debt issuance costs and original issue discount(4.6)(4.9)
Total long-term debt842.3 849.6 
Less: current portion(30.3)(31.4)
Long term portion of term debt and financing obligations$812.0 $818.2 
(1) Credit agreement with a syndicate of banks, led by Bank of America, N.A. ("Term Loan B").
(2) Loan by City National Bank which is secured by a majority of the real estate assets of the Company ("Real Estate Term Loan").
(3) Equipment loans have varying maturities from June 2026 to April 2031.
Other Notes Payable and Finance Leases
Amounts outstanding under notes payable and finance leases consisted of the following:
(in millions)
As of
March 29, 2026
As of December 28, 2025
Note payable – IO notes$12.1 $13.0
Finance lease obligations7.1 7.7
Total notes payable19.2 20.7
Less: current portion(6.1)(6.5)
Long term portion of notes payable$13.1 $14.2
Interest Expense
Interest expense consisted of the following:
(in millions)Thirteen weeks ended March 29, 2026Thirteen weeks ended March 30, 2025
Company’s long-term debt$9.9 $10.9 
Amortization of deferred financing fees0.3 0.3 
IO loans0.2 0.3 
Total interest$10.4 $11.5