Debt (Tables)

12 Months Ended

Dec. 28, 2019

Schedule of Debt

Debt consisted of the following as of December 28, 2019 and December 29, 2018: 

	2019		2018
Term Loan, due 2024:
$624.3 million and $630.6 million, net of $1.1 million and $1.3 million discount at December 28, 2019 and December 29, 2018, respectively	$	623,140	$	629,268
8 1/2% Senior Notes, due 2022	—		250,000
6 1/8% Senior Notes, due 2023:
$650.0 million, net of $0.9 million and $1.1 million discount at December 28, 2019 and December 29, 2018, respectively	649,133		648,891
5 1/8% Senior Notes, due 2025	300,000		300,000
6 1⁄2% Senior Notes, due 2027	300,000		—
Total	1,872,273		1,828,159
Current portion of long-term debt	7,942		6,354
Long-term debt	$	1,864,331	$	1,821,805

Schedule of Contractual Payments of Long-Term Debt

The contractual payments of long-term debt, including current maturities, for the five years subsequent to December 28, 2019, are as follows:

2020	$	7,942
2021	6,354
2022	6,354
2023	656,354
2024	597,251
Thereafter	600,000
Total	1,874,255
Less: Original issue net discount	(1,982		)
Less: Capitalized loan costs	(13,274		)
Total debt	$	1,858,999

Summary of Activity for Deferred Financing Fees

The following table presents the activity for the deferred financing fees for the years ended December 28, 2019 and December 29, 2018:

	Deferred financing fees
Balance—December 30, 2017	$	19,033
Loan origination fees	550
Amortization	(4,108		)
Balance—December 29, 2018	$	15,475
Loan origination fees	6,312
Amortization	(3,501		)
Write off of deferred financing fees	(2,850		)
Balance—December 28, 2019	$	15,436

Summit Materials, LLC

Schedule of Debt

Debt consisted of the following as of December 28, 2019 and December 29, 2018:

	2019		2018
Term Loan, due 2024:
$624.3 million and $630.6 million, net of $1.1 million and $1.3 million discount at December 28, 2019 and December 29, 2018, respectively	$	623,140	$	629,268
8 1/2% Senior Notes, due 2022	—		250,000
6 1/8% Senior Notes, due 2023:
$650.0 million, net of $0.9 million and $1.1 million discount at December 28, 2019 and December 29, 2018, respectively	649,133		648,891
5 1/8% Senior Notes, due 2025	300,000		300,000
61⁄2% Senior Notes, due 2027	300,000		—
Total	1,872,273		1,828,159
Current portion of long-term debt	7,942		6,354
Long-term debt	$	1,864,331	$	1,821,805

Schedule of Contractual Payments of Long-Term Debt

The contractual payments of long-term debt, including current maturities, for the five years subsequent to December 28, 2019, are as follows:

2020	$	7,942
2021	6,354
2022	6,354
2023	656,354
2024	597,251
Thereafter	600,000
Total	1,874,255
Less: Original issue net discount	(1,982		)
Less: Capitalized loan costs	(13,274		)
Total debt	$	1,858,999

Summary of Activity for Deferred Financing Fees

The following table presents the activity for the deferred financing fees for the years ended December 28, 2019 and December 29, 2018: 

	Deferred financing fees
Balance—December 30, 2017	$	19,033
Loan origination fees	550
Amortization	(4,108		)
Balance—December 29, 2018	$	15,475
Loan origination fees	6,312
Amortization	(3,501		)
Write off of deferred financing fees	(2,850		)
Balance—December 28, 2019	$	15,436