v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Apr. 04, 2026
Fair Value Measurements  
Summary of carrying values and fair values of our revolving credit loans, term loans and senior notes

The carrying values and fair values of our revolving credit loans, term loans, senior notes and senior secured notes as of April 4, 2026 and January 3, 2026 were as follows (in thousands):

April 4, 2026

January 3, 2026

 

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Carrying Value

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Fair Value

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Carrying Value

  ​ ​ ​ ​ ​

Fair Value

 

Revolving credit loans

$

270,000

$

270,000

(1)  

$

215,000

$

215,000

(1)  

Tranche B term loans due 2029

439,806

(2)  

409,020

(3)  

440,726

(2)  

424,199

(3)  

5.25% senior notes due 2027

509,310

494,667

(3)  

509,310

495,941

(3)  

8.00% senior secured notes due 2028

$

798,591

(4)  

$

787,610

(3)  

$

798,526

(4)  

$

786,548

(3)  

(1)Fair values are estimated based on Level 2 inputs, which were quoted prices for identical or similar instruments in markets that are not active.
(2)The carrying value of the tranche B term loans includes a discount. At April 4, 2026 and January 3, 2026, the face amount of the tranche B term loans was $443.3 million and $444.4 million, respectively.
(3)Fair values are estimated based on quoted market prices.
(4)The carrying value of the 8.00% senior secured notes due 2028 includes a discount. At April 4, 2026 and January 3, 2026, the face amount of the 8.00% senior secured notes due 2028 was $799.3 million.