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Debt

6 Months Ended

Jun. 26, 2011

DEBT

Long-term debt as of June 26, 2011 and December 26, 2010, including amounts payable within one year, was as follows (in thousands):



	June 26, 2011			December 26, 2010
Long-term debt:
10.5% Senior Secured Notes due November 2013	$	300,000		$	300,000
Unamortized discount	(3,786		)	(4,464		)
10.5% Senior Secured Notes due November 2013, net	296,214			295,536
8.5% Senior Subordinated Notes due February 2014	325,000			325,000
Asset-based Revolving Credit Facility	58,790			10,027
Canadian Revolving Credit Facility	4,122			2,669
Capital lease obligations	4,339			4,483
Total long-term debt	688,465			637,715
Less: Current maturities of long-term debt	454			430
Long-term debt, net of current maturities	$	688,011		$	637,285

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

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