| Schedule of Long-Term Obligations |
Long-term obligations consisted of the following as of July 4, 2026 and January 3, 2026, respectively (dollar amounts in thousands):
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Instrument |
Stated
Maturity
Date |
Contractual Interest Rate as of
July 4, 2026 |
Interest Rate
as of
July 4, 2026 |
July 4, 2026 |
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January 3, 2026 |
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2026 Term Loans (1) |
09/2032 |
S + 3.00% |
6.64% |
$ |
1,318,375 |
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$ |
1,321,687 |
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2026 Refinancing Revolving Credit Facility (1) |
09/2030 |
S + 3.00% |
6.64% |
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- |
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- |
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Total principal amount of long-term obligations |
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1,318,375 |
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1,321,687 |
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Less: unamortized debt issuance costs |
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(20,494 |
) |
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(21,785 |
) |
Total amount of long-term obligations, net of unamortized debt issuance costs |
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1,297,881 |
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1,299,902 |
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Less: current portion of long-term obligations |
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(13,250 |
) |
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(13,250 |
) |
Total amount of long-term obligations, net of unamortized debt issuance costs, less current portion |
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$ |
1,284,631 |
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$ |
1,286,652 |
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(1) S = One-month SOFR |
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