Long Term Debt (Tables)

12 Months Ended

Dec. 28, 2013

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consists of the following:

	December 28, 2013			December 29, 2012
	(in thousands)
Term note payable with a payment of $1.0 million due quarterly. A lump sum payment of $63.0 million is due on May 28, 2018. Interest is payable monthly, or quarterly at LIBOR or the prime rate plus an applicable margin. At December 28, 2013, the average rate was 0.16% plus a margin of 3.00%.	$	79,000			—
Term note payable with a payment of $0.6 million due on April 2, 2016. A lump sum payment of $36.9 million is due on June 23, 2016. Interest is payable quarterly at LIBOR or the prime rate plus an applicable margin. At December 29, 2012, the average rate was 1.25% plus a margin of 3.50%.		—		$	37,500
Debt discount (1)		(1,745	)		—
	$	77,255		$	37,500
Less current portion of long-term debt		(4,890)			—
Total	$	72,365		$	37,500

(1) Debt discount – represents fees paid to the lender at time the debt was issued, and is accounted for as a reduction in the debt proceeds and is amortized over the life of the debt instrument.

Contractual Future Maturities of Long-term Debt

The contractual future maturities of long-term debt outstanding of December 28, 2013, are as follows (excluding unamortized debt discount and issuance costs):

	(in thousands)
2014	$	5,000
2015		4,000
2016		4,000
2017		3,000
2018		63,000
Total	$	79,000

Interest Expense, Net

Interest expense, net consisted of the following (in thousands):

	Year Ended
	December 28, 2013			December 29, 2012			December 31, 2011
Long-term debt	$	2,295		$	2,396		$	3,040
Debt fees		235			213			410
Amortization of deferred financing costs		1,021			857			813
Interest income		(25	)		(20	)		(59	)
Interest expense		3,526			3,446			4,204
Capitalized interest		(6	)		(9	)		(36	)
Interest expense, net	$	3,520		$	3,437		$	4,168