Debt (Tables)

3 Months Ended

Mar. 27, 2022

Debt Disclosure [Abstract]

Carrying amounts and estimated fair value of long-term debt

Carrying amounts and the related estimated fair values of the Company’s Senior Secured Notes not measured at fair value on a recurring basis at December 26, 2021 are presented in the following table:

	As of December 26, 2021
$ in millions	Principal		Carrying Amount		Fair Value
Total long-term debt including current portion	$	300.0	$	296.7	$	308.3

Long-term debt and the current period interest rates

Long-term debt and the current period interest rates were as follows (in millions):

	Three Months Ended
	March 27, 2022
Term Loan A	$	200.0
Revolving credit facility	100.0
Total debt	300.0
Less current portion	(3.7)
Total long-term debt, less current portion	296.3
Less long-term unamortized debt issuance costs - term loans	(1.3)
Total long-term debt, net of unamortized debt issuance costs - term loans	$	295.0
Unamortized debt issuance costs - revolving credit facility	$	1.5
Current period interest rate	2.2		%

Future long-term debt principal payments

Future long-term debt principal payments at March 27, 2022 were as follows (in millions):

2022	$	3.7
2023	5.0
2024	8.8
2025	10.0
2026	10.0
2027	162.5
	$	200.0