v3.26.3
Debt and Other Obligations (Tables)
 9 Months Ended
Oct. 10, 2026
Long Term Debt (Net of Issuance Costs and Debt Discounts Excluding Line-of-credit Arrangements)

Long-term debt (net of issuance costs and debt discounts excluding line-of-credit arrangements) (leases are separately discussed in Note 6, Leases) consisted of the following at October 10, 2026 and January 3, 2026, respectively (amounts in thousands):

 

 

 

October 10, 2026

 

 

January 3, 2026

 

Unsecured credit facility

 

$

—

 

 

$

5,000

 

2026 notes

 

 

—

 

 

 

399,575

 

2031 notes

 

 

496,756

 

 

 

496,193

 

2035 notes

 

 

495,213

 

 

 

494,776

 

2055 notes

 

 

294,731

 

 

 

294,588

 

Accounts receivable repurchase facility

 

 

—

 

 

 

65,000

 

Term loan

 

 

388,528

 

 

 

—

 

 

 

 

1,675,228

 

 

 

1,755,132

 

Less current maturities of long-term debt

 

 

—

 

 

 

(399,575

)

Total long-term debt

 

$

1,675,228

 

 

$

1,355,557

 
Aggregate Maturities of Debt Outstanding

Aggregate maturities of debt outstanding as of October 10, 2026 are as follows (excluding unamortized debt discount and issuance costs) (amounts in thousands):

 

Remainder of 2026

 

$

—

 

2027

 

 

—

 

2028

 

 

—

 

2029

 

 

390,000

 

2030

 

 

—

 

2031 and thereafter

 

 

1,300,000

 

Total

 

$

1,690,000

 
Accounts Receivable Repurchase Facility  
Schedule of Borrowings and Repayments Under Credit Facility

The table below presents the borrowings and repayments under the repurchase facility during the forty weeks ended October 10, 2026:

 

 

 

Amount
(thousands)

 

Balance at January 3, 2026

 

$

65,000

 

Borrowings

 

 

45,000

 

Payments

 

 

(110,000

)

Balance at October 10, 2026

 

$

—

 
Schedule of Unused Facility Capacity / Unused Commitments Under Credit Facility

The table below presents the net unused facility capacity under the repurchase facility for working capital and general corporate purposes as of October 10, 2026:

 

 

 

Amount
(thousands)

 

Facility capacity

 

$

199,100

 

Outstanding

 

 

—

 

Unused capacity

 

$

199,100

 

 

Facility capacity
Schedule of Highest and Lowest Outstanding Balance Under Credit Facility The table below presents the highest and lowest outstanding balance under the repurchase facility during the forty weeks ended October 10, 2026:

 

 

 

Amount
(thousands)

 

High balance

 

$

85,000

 

Low balance

 

$

—

 
Unsecured Credit Facility  
Schedule of Borrowings and Repayments Under Credit Facility The table below presents the borrowings and repayments under the credit facility during the forty weeks ended October 10, 2026:

 

 

 

Amount
(thousands)

 

Balance at January 3, 2026

 

$

5,000

 

Borrowings

 

 

7,000

 

Payments

 

 

(12,000

)

Balance at October 10, 2026

 

$

—

 
Schedule of Unused Facility Capacity / Unused Commitments Under Credit Facility

The table below presents the net unused commitments under the credit facility, subject to certain restrictions set forth therein, as of October 10, 2026:

 

 

 

Amount
(thousands)

 

Total commitments

 

$

500,000

 

Outstanding

 

 

—

 

Letters of credit

 

 

(8,500

)

Unused commitments

 

$

491,500

 
Schedule of Highest and Lowest Outstanding Balance Under Credit Facility

The table below presents the highest and lowest outstanding balance under the credit facility during the forty weeks ended October 10, 2026:

 

 

 

Amount
(thousands)

 

High balance

 

$

5,000

 

Low balance

 

$

—