Long-Term Debt (Tables)

6 Months Ended

Jun. 27, 2026

The following summarizes the Company’s outstanding long-term debt:


(in thousands)	As of
	June 27, 2026		December 27, 2025

Term loans, gross	$	246,687	$	158,813
Less: Unamortized debt, issuance costs	(5,158)		(2,839)
Total long-term debt	241,529		155,974
Less: Current portion of long-term debt	(1,606)		(8,250)
Long-term debt, net of current portion	$	239,923	$	147,724

Schedule of Maturities of Long-Term Debt

The Term Loan requires quarterly principal payments with a balloon payment upon maturity. Scheduled principal payments for future fiscal years are as follows:


(in thousands)

Fiscal year
2027	4,819
2028	11,244
2029	12,850
2030	12,850
2031	204,924
Total Term Loan - principal payments	$	246,687

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details