Long-Term Obligations (Tables)

12 Months Ended

Dec. 28, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Obligations

Long-term obligations consisted of the following as of December 28, 2024 and December 30, 2023 (dollar amounts in thousands):

Instrument	Stated Maturity Date	Contractual Interest Rate	Interest Rate as of December 28, 2024	December 28, 2024			December 30, 2023
2021 Extended Term Loan (1)	07/2028	S + 3.75%	8.36%	$	890,550		$	899,750
Second Lien Term Loan (1)	12/2029	S + 7.00%	11.66%		415,000			415,000
Revolving Credit Facility (1)	04/2026	S + 3.75%	8.36%		-			-
Total principal amount of long-term obligations					1,305,550			1,314,750
Less: unamortized debt issuance costs					(24,694	)		(29,209	)
Total amount of long-term obligations, net of unamortized debt issuance costs					1,280,856			1,285,541
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				$	1,271,656		$	1,276,341
(1) S = Greater of 0.50% or one-month SOFR, plus a credit spread adjustment

Schedule of Future Maturities of Term Loans

Scheduled future maturities of term loans for each of the next five years subsequent to December 28, 2024 are as follows (amounts in thousands):

Year Ending:
January 3, 2026	$	9,200
January 2, 2027		9,200
January 1, 2028		9,200
December 30, 2028		862,950
December 29, 2029		415,000
Thereafter		—
Total	$	1,305,550