Long-Term Debt (Tables)

12 Months Ended

Jan. 02, 2021

Debt Disclosure [Abstract]

Components of Long-Term Debt

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

	January 2, 2021									December 28, 2019
	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    November 29, 2022	$	0	$	0	$	0		3.03	%	$	0	$	0	$	0		0.00	%
Term Loan Facility due    November 29, 2024		1,209,000		5,113		17,233		6.60	%		1,305,250		6,418		21,634		7.93	%
Notes due December 1, 2025		300,000		854		0		8.71	%		300,000		1,028		0		8.72	%
Total	$	1,509,000	$	5,967	$	17,233		6.94	%	$	1,605,250	$	7,446	$	21,634		8.07	%
Less: Current portion		77,000									96,250
Unamortized deferred financing costs		5,967									7,446
Unamortized debt discount		17,233									21,634
Total long-term debt	$	1,408,800								$	1,479,920

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

Schedule of Maturities of Long-term Debt

At January 2, 2021, 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:

2021	$	77,000
2022		77,000
2023		77,000
2024		978,000
2025		300,000
2026 and thereafter		—
	$	1,509,000