v3.26.3
TERM DEBT, REVOLVING CREDIT FACILITY AND OTHER NOTES PAYABLE (Tables)
 9 Months Ended
Sep. 27, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Term debt and revolving credit facilities consisted of the following:
Debt (in millions)
Original Principal BalanceMaturity Date
As of
September 27, 2026
As of December 28, 2025
Term Loan B (1)
$795.0 January-32$630.3 $630.3 
Real Estate Term Loan (2)
$88.1 October-3253.9 57.0 
Equipment loans (3)
$210.1 155.2 167.0 
Asset based lending (“ABL”) facilityJuly-2840.2 0.2 
Net impact of debt issuance costs and original issue discount(4.0)(4.9)
Total long-term debt875.6 849.6 
Less: current portion(39.3)(31.4)
Long term portion of term debt and financing obligations$836.3 $818.2 
(1) Credit agreement with a syndicate of banks, led by Bank of America, N.A. ("Term Loan B").
(2) Loan by City National Bank which is secured by a majority of the real estate assets of the Company ("Real Estate Term Loan").
(3) Equipment loans have varying maturities from December 2026 to October 2031.
Schedule of Amounts Outstanding Under Notes Payable
Amounts outstanding under notes payable and finance leases consisted of the following:
(in millions)
As of
September 27, 2026
As of December 28, 2025
Note payable – IO notes$10.2 $13.0
Finance lease obligations5.9 7.7
Total notes payable16.1 20.7
Less: current portion(5.7)(6.5)
Long term portion of notes payable$10.4 $14.2
Schedule of Interest Expense
Interest expense consisted of the following:
(in millions)Thirteen weeks ended September 27, 2026Thirteen weeks ended September 28, 2025Thirty-nine weeks ended September 27, 2026Thirty-nine weeks ended September 28, 2025
Company’s long-term debt$10.6 $10.0 $30.6 $31.8 
Amortization of deferred financing fees0.3 0.3 0.9 1.0 
IO loans0.2 0.3 0.7 0.7 
Total interest$11.1 $10.6 $32.2 $33.5