Long-Term Debt (Tables)

6 Months Ended

Jul. 03, 2021

Debt Disclosure [Abstract]

Components of Long-Term Debt

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

	July 3, 2021									January 2, 2021
	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	$	—	$	—	$	—		2.61	%	$	—	$	—	$	—		0.00	%
Term Loan Facility due    April 13, 2028		1,000,000		7,900		16,372		4.51	%		—		—		—		0.00	%
Senior Secured Notes due    April 15, 2029		500,000		5,991		—		4.73	%		—		—		—		0.00	%
Revolving Credit Facility due    November 29, 2022		—		—		—		0.00	%		—		—		—		3.03	%
Term Loan Facility due    November 29, 2024		—		—		—		6.03	%		1,209,000		5,113		17,233		6.60	%
Senior Notes due    December 1, 2025		—		—		—		8.62	%		300,000		854		—		8.71	%
Total	$	1,500,000	$	13,891	$	16,372		5.66	%	$	1,509,000	$	5,967	$	17,233		6.94	%
Less: Current portion		10,000									77,000
Unamortized deferred financing costs		13,891									5,967
Unamortized debt discount		16,372									17,233
Total long-term debt	$	1,459,737								$	1,408,800

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