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Long-Term Debt
6 Months Ended
Jun. 25, 2022
Debt Disclosure [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”), which was amended on September 29, 2021, and matures on September 1, 2024. The Credit Agreement provides for an unsecured revolving credit facility with an aggregate principal amount not to exceed $30.0 million with an additional discretionary amount available of $70.0 million. As of June 25, 2022, the availability under the revolving credit agreement was $25.3 million, net of $4.7 million letters of credit. 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 $8 thousand in each of the thirteen weeks ended June 25, 2022, and June 26, 2021. In each of the first twenty-six weeks of 2022 and 2021, interest expense related to long-term debt totaled $16 thousand.