v3.26.1
Debt and Other Obligations (Tables)
 4 Months Ended
Apr. 25, 2026
Long Term Debt (Net of Issuance Costs and Debt Discounts Excluding Line-of-credit Arrangements)

Long-term debt (net of issuance costs and debt discounts excluding line-of-credit arrangements) (leases are separately discussed in Note 6, Leases) consisted of the following at April 25, 2026 and January 3, 2026, respectively (amounts in thousands):

 

 

 

April 25, 2026

 

 

January 3, 2026

 

Unsecured credit facility

 

 

—

 

 

 

5,000

 

2026 notes

 

 

399,753

 

 

 

399,575

 

2031 notes

 

 

496,421

 

 

 

496,193

 

2035 notes

 

 

494,952

 

 

 

494,776

 

2055 notes

 

 

294,646

 

 

 

294,588

 

Accounts receivable repurchase facility

 

 

38,000

 

 

 

65,000

 

 

 

 

1,723,772

 

 

 

1,755,132

 

Less current maturities of long-term debt

 

 

(399,753

)

 

 

(399,575

)

Total long-term debt

 

$

1,324,019

 

 

$

1,355,557

 
Aggregate Maturities of Debt Outstanding

Aggregate maturities of debt outstanding as of April 25, 2026 are as follows (excluding unamortized debt discount and issuance costs) (amounts in thousands):

 

Remainder of 2026

 

$

400,000

 

2027

 

 

—

 

2028

 

 

—

 

2029

 

 

38,000

 

2030

 

 

—

 

2031 and thereafter

 

 

1,300,000

 

Total

 

$

1,738,000

 
Accounts Receivable Repurchase Facility  
Schedule of Borrowings and Repayments Under Credit Facility

The table below presents the borrowings and repayments under the repurchase facility during the sixteen weeks ended April 25, 2026

 

 

 

Amount
(thousands)

 

Balance at January 3, 2026

 

$

65,000

 

Borrowings

 

 

45,000

 

Payments

 

 

(72,000

)

Balance at April 25, 2026

 

$

38,000

 
Schedule of Net Amount Available Under Credit Facility

The table below presents the net amount available for working capital and general corporate purposes under the repurchase facility as of April 25, 2026:

 

 

 

Amount
(thousands)

 

Gross amount available

 

$

200,000

 

Outstanding

 

 

(38,000

)

Available for withdrawal

 

$

162,000

 

 
Schedule of Highest and Lowest Outstanding Balance Under Credit Facility The table below presents the highest and lowest outstanding balance under the repurchase facility during the sixteen weeks ended April 25, 2026:

 

 

 

Amount
(thousands)

 

High balance

 

$

85,000

 

Low balance

 

$

38,000

 
Unsecured Credit Facility  
Schedule of Borrowings and Repayments Under Credit Facility The table below presents the borrowings and repayments under the credit facility during the sixteen weeks ended April 25, 2026.

 

 

 

Amount
(thousands)

 

Balance at January, 3, 2026

 

$

5,000

 

Borrowings

 

 

5,900

 

Payments

 

 

(10,900

)

Balance at April 25, 2026

 

$

—

 
Schedule of Net Amount Available Under Credit Facility

The table below presents the net amount available under the credit facility as of April 25, 2026:

 

 

 

Amount
(thousands)

 

Gross amount available

 

$

500,000

 

Outstanding

 

 

—

 

Letters of credit

 

 

(8,200

)

Available for withdrawal

 

$

491,800

 
Schedule of Highest and Lowest Outstanding Balance Under Credit Facility

The table below presents the highest and lowest outstanding balance under the credit facility, during the sixteen weeks ended April 25, 2026:

 

 

 

Amount
(thousands)

 

High balance

 

$

5,000

 

Low balance

 

$

—