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Long-Term Debt
6 Months Ended
Jun. 29, 2019
Long-Term Debt [Abstract]  
Long-Term Debt

(5) Long-Term Debt

On September 1, 2016 Weis Markets entered into a revolving credit agreement with Wells Fargo Bank, National Association (the “Credit Agreement”).  The Credit Agreement provides for an unsecured revolving credit facility with an aggregate principal amount not to exceed $50.0 million with an additional discretionary amount available of $50.0 million.  As of June 29, 2019, the availability under the revolving credit agreement was $88.5 million, net of $11.5 million letters of credit.  The revolving credit agreement matures on September 1, 2019.  The letters of credit are maintained primarily to support performance, payment, deposit or surety obligations of the Company.



Interest expense related to long-term debt was $14 thousand and $73 thousand in the thirteen weeks ended June 29, 2019 and June 30, 2018, respectively.  In the first half of 2019 and 2018, interest expense related to long-term debt totaled $33 thousand and $240 thousand, respectively.