DEBT - (Tables)

9 Months Ended

Sep. 26, 2020

Debt Instrument [Line Items]

Schedule of Debt

Debt consisted of the following as of September 26, 2020 and December 28, 2019: 

	September 26, 2020		December 28, 2019
Term Loan, due 2024:
$619.5 million and $624.3 million, net of $0.9 million and $1.1 million discount at September 26, 2020 and December 28, 2019, respectively	$	618,545	$	623,140
61⁄8% Senior Notes, due 2023:
$650.0 million, net of $0.9 million discount at December 28, 2019	—		649,133
51⁄8% Senior Notes, due 2025	300,000		300,000
61⁄2% Senior Notes, due 2027	300,000		300,000
51⁄4% Senior Notes, due 2029	700,000		—
Total	1,918,545		1,872,273
Current portion of long-term debt	7,942		7,942
Long-term debt	$	1,910,603	$	1,864,331

Schedule of Contractual Payments of Long-Term Debt

The contractual payments of long-term debt, including current maturities, for the five years subsequent to September 26, 2020, are as follows: 

2020 (three months)	$	3,177
2021	6,353
2022	6,354
2023	6,354
2024	597,253
2025	300,000
Thereafter	1,000,000
Total	1,919,491
Less: Original issue net discount	(946)
Less: Capitalized loan costs	(17,391)
Total debt	$	1,901,154

Summary of Activity for Deferred Financing Fees

The following table presents the activity for the deferred financing fees for the nine months ended September 26, 2020 and September 28, 2019:

	Deferred financing fees
Balance—December 28, 2019	$	15,436
Loan origination fees	9,565
Amortization	(2,499)
Write off of deferred financing fees	(3,338)
Balance—September 26, 2020	$	19,164
Balance—December 29, 2018	$	15,475
Loan origination fees	6,312
Amortization	(2,668)
Write off of deferred financing fees	(2,851)
Balance—September 28, 2019	$	16,268

Summit Materials, LLC

Debt Instrument [Line Items]

Schedule of Debt

Debt consisted of the following as of September 26, 2020 and December 28, 2019:

	September 26, 2020		December 28, 2019
Term Loan, due 2024:
$619.5 million and $624.3 million, net of $0.9 million and $1.1 million discount at September 26, 2020 and December 28, 2019, respectively	$	618,545	$	623,140
6 1/8% Senior Notes, due 2023:
$650.0 million, net of $0.9 million discount at December 28, 2019	—		649,133
5 1/8% Senior Notes, due 2025	300,000		300,000
6 1/2% Senior Notes, due 2027	300,000		300,000
5 1/4% Senior Notes, due 2029	700,000		—
Total	1,918,545		1,872,273
Current portion of long-term debt	7,942		7,942
Long-term debt	$	1,910,603	$	1,864,331

Schedule of Contractual Payments of Long-Term Debt

The contractual payments of long-term debt, including current maturities, for the five years subsequent to September 26, 2020, are as follows:

2020 (three months)	$	3,177
2021	6,353
2022	6,354
2023	6,354
2024	597,253
2025	300,000
Thereafter	1,000,000
Total	1,919,491
Less: Original issue net discount	(946)
Less: Capitalized loan costs	(17,391)
Total debt	$	1,901,154

Summary of Activity for Deferred Financing Fees

The following table presents the activity for the deferred financing fees for the nine months ended September 26, 2020 and September 28, 2019:

	Deferred financing fees
Balance—December 28, 2019	$	15,436
Loan origination fees	9,565
Amortization	(2,499)
Write off of deferred financing fees	(3,338)
Balance—September 26, 2020	$	19,164
Balance - December 29, 2018	$	15,475
Loan origination fees	6,312
Amortization	(2,668)
Write off of deferred financing fees	(2,851)
Balance - September 28, 2019	$	16,268