v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 28, 2026
Debt Disclosure [Abstract]  
Schedule of long-term debt, net
Long-term debt, net, consists of the following:
(In thousands)June 28,
2026		December 28,
2025
Senior notes$400,000$400,000
Term loan200,000200,000
Revolving facilities (a)
133,515122,257
Outstanding debt$733,515$722,257
Unamortized debt issuance costs(6,027)(6,824)
Current portion of long-term debt(12,270)(4,997)
Total long-term debt, net$715,218$710,436
___________________________________
(a)    Revolving facilities as of June 28, 2026 includes $2.3 million outstanding under the PJMF Revolving Facility as defined and discussed below.
Schedule of notional value of derivatives As of June 28, 2026, we had the following interest rate swap agreements:
Effective DatesFloating Rate Debt Fixed Rates
April 29, 2025 through April 25, 2028$50 million3.49%
June 30, 2025 through June 30, 2028$50 million3.72%
Schedule of location and amounts of derivatives in the financial statements
The following table provides information on the location and amounts of our current swaps in the accompanying Condensed Consolidated Balance Sheets (in thousands):
Interest Rate Swap Derivatives
Balance Sheet LocationFair Value
June 28,
2026		Fair Value
December 28,
2025
Prepaid expenses and other current assets$272$—
Other assets$227$—
Accrued expenses and other current liabilities$—$193
Other long-term liabilities$—$614
Schedule of effect of derivatives on the financial statements
The effect of derivative instruments on the accompanying Condensed Consolidated Financial Statements is as follows (in thousands):
Derivatives -
Cash Flow
Hedging
Relationships		Amount of Gain or
(Loss) Recognized
in AOCL
on Derivative		Location of (Loss)
or Gain
Reclassified from
AOCL into
Income		Amount of (Loss) or Gain
Reclassified from
AOCL into
Income		Net Interest Expense
on Condensed
Consolidated Statements
of Operations
Interest rate swaps for the three months ended:
June 28, 2026$317Interest expense$13 $(9,516)
June 29, 2025$(429)Interest expense$14 $(10,584)
Interest rate swaps for the six months ended:
June 28, 2026$1,003Interest expense$35 $(19,199)
June 29, 2025$(358)Interest expense$(41)$(20,663)