v3.26.1
Debt Obligations (Tables)
 6 Months Ended
Jun. 26, 2026
Debt Disclosure [Abstract]  
Schedule of debt obligations and impact on consolidated statements of operations
Debt obligations as of June 26, 2026 and December 26, 2025 consisted of the following:
Weighted Average Effective Interest Rate at June 26, 2026
MaturityJune 26, 2026December 26, 2025
Senior secured term loans6.86 %August 2029$245,500 $252,000 
2028 Convertible senior notes2.77 %December 2028287,500 287,500 
Asset-based loan facility5.94 %August 203070,000 100,000 
Finance leases and other financing obligations7.11 %Various130,394 119,451 
Unamortized deferred costs(8,713)(10,421)
Total debt obligations724,681 748,530 
Less: current installments(30,958)(28,197)
Total long-term debt$693,723 $720,333 
The Company recorded the following expenses in its condensed consolidated statements of operations as a result of these debt amendments and prepayments:
 Thirteen Weeks Ended Twenty-Six Weeks Ended
 June 26, 2026June 27, 2025June 26, 2026June 27, 2025
Loss on debt extinguishment related to prepayment included in interest expense
$— $150 $130 $150 
Arrangement fees included in interest expense
— 525 525 525 
Third-party transaction costs included in other operating expense
— 49 51 49 
Schedule of Convertible Senior Notes
The net carrying value of the Company’s 2028 convertible senior notes as of June 26, 2026 and December 26, 2025 was:
June 26, 2026December 26, 2025
Principal AmountUnamortized Deferred CostsNet AmountPrincipal AmountUnamortized Deferred CostsNet Amount
2028 Convertible Notes$287,500 $(2,865)$284,635 $287,500 $(3,438)$284,062 
Schedule of Components of Interest Expense
The components of interest expense on the Company’s convertible notes were as follows:
 Thirteen Weeks Ended Twenty-Six Weeks Ended
 June 26, 2026June 27, 2025June 26, 2026June 27, 2025
Coupon interest$1,707 $1,707 $3,414 $3,414 
Amortization of deferred costs and premium287 287 573 573 
Total interest$1,994 $1,994 $3,987 $3,987