DEBT (Tables)

3 Months Ended

Mar. 27, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following (in millions):

	March 27, 2022								December 26, 2021
	Final Maturity	Anticipated Call Date	Rate		Face Value		Book Value		Book Value
Senior Debt
2021 FB Royalty Securitization	4/25/2051	7/25/2023	4.75	%	$	97.1	$	95.5	$	95.4
2021 GFG Royalty Securitization	7/25/2051	7/25/2023	6.00	%	209.0		205.9		205.6
2021 Twin Peaks Securitization	7/25/2051	7/25/2023	7.00	%	150.0		147.0		146.8
2021 Fazoli's/Native Securitization	7/25/2051	7/25/2023	6.00	%	128.8		123.3		122.8
Senior Subordinated Debt
2021 FB Royalty Securitization	4/25/2051	7/25/2023	8.00	%	32.4		31.8		31.8
2021 GFG Royalty Securitization	7/25/2051	7/25/2023	7.00	%	84.0		81.7		81.5
2021 Twin Peaks Securitization	7/25/2051	7/25/2023	9.00	%	50.0		46.8		46.6
2021 Fazoli's/Native Securitization	7/25/2051	7/25/2023	7.00	%	25.0		22.9		22.7
Subordinated Debt
2021 FB Royalty Securitization	4/25/2051	7/25/2023	9.00	%	15.0		14.2		14.1
2021 GFG Royalty Securitization	7/25/2051	7/25/2023	9.50	%	57.0		52.9		52.6
2021 Twin Peaks Securitization	7/25/2051	7/25/2023	10.00	%	50.0		44.5		44.2
2021 Fazoli's/Native Securitization	7/25/2051	7/25/2023	9.00	%	40.0		35.6		35.1
Total securitized debt					938.2		902.0		899.3
Elevation note	7/19/2026	N/A	6.00	%	7.5		5.4		5.6
Equipment note	3/7/2028	N/A	8.49	%	0.5		0.5		—
Total debt					946.2		907.9		904.9
Current portion of long-term debt					—		(0.9)		(0.6)
Long-term debt					$	946.2	$	907.1	$	904.3