Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Components of Long-Term Debt

The components of the Company’s long-term debt were as follows:

	December 31, 2022									January 1, 2022
	Principal Balance		Unamortized Deferred Financing Costs		Unamortized Debt Discount		Effective Rate (1)			Principal Balance		Unamortized Deferred Financing Costs		Unamortized Debt Discount		Effective Rate (1)
Revolving Credit Facility due    April 13, 2026	$	—	$	—	$	—		0.00	%	$	—	$	—	$	—		2.61	%
Term Loan Facility due    April 13, 2028		945,000		5,821		12,064		5.85	%		945,000		6,930		14,362		4.48	%
Senior Secured Notes due    April 15, 2029		500,000		4,831		—		4.70	%		500,000		5,604		—		4.70	%
Total	$	1,445,000	$	10,652	$	12,064		5.45	%	$	1,445,000	$	12,534	$	14,362		5.15	%
Less: Current portion		—									—
Unamortized deferred    financing costs		10,652									12,534
Unamortized debt discount		12,064									14,362
Total long-term debt	$	1,422,284								$	1,418,104

(1)Includes amortization of deferred financing costs and debt discount.

Schedule of Maturities of Long-term Debt

At December 31, 2022, the aggregate amounts of the Company’s existing long-term debt maturing in each of the next five fiscal years and thereafter were as follows:

Fiscal 2023	$	—
Fiscal 2024		—
Fiscal 2025		—
Fiscal 2026		—
Fiscal 2027		10,000
Thereafter		1,435,000
	$	1,445,000