Long-Term Obligations (Tables)

12 Months Ended

Dec. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Obligations

Long-term obligations consisted of the following as of December 30, 2023 and December 31, 2022 (dollar amounts in thousands):

Instrument	Stated Maturity Date	Contractual Interest Rate	Interest Rate as of December 30, 2023	December 30, 2023			December 31, 2022
2021 Extended Term Loan (1)	07/2028	S + 3.75%	9.24%	$	899,750		$	908,950
Second Lien Term Loan (1)	12/2029	S + 7.00%	12.54%		415,000			415,000
Revolving Credit Facility (1)	04/2026	S + 3.75%	9.24%		-			-
Total principal amount of long-term obligations					1,314,750			1,323,950
Less: unamortized debt issuance costs					(29,209	)		(33,668	)
Total amount of long-term obligations, net of unamortized debt issuance costs					1,285,541			1,290,282
Less: current portion of long-term obligations					(9,200	)		(9,200	)
Total amount of long-term obligations, net of unamortized debt issuance costs, less current portion				$	1,276,341		$	1,281,082
(1) S = Greater of 0.50% or one-month SOFR, plus a CSA

Schedule of Future Maturities of Term Loans

Scheduled future maturities of term loans for each of the next five years subsequent to December 30, 2023 are as follows (amounts in thousands):

Year Ending:
December 28, 2024	$	9,200
January 3, 2026		9,200
January 2, 2027		9,200
January 1, 2028		9,200
December 30, 2028		862,950
Thereafter		415,000
Total	$	1,314,750