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Indebtedness (Tables)
12 Months Ended
Dec. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt consisted of the following:
(in thousands)December 30, 2023December 31, 2022
Senior Secured Notes$495,000 $— 
Term Loan Facility321,756 814,687 
Advances on Revolving Credit Facility— 42,000 
Total face value of debt816,756 856,687 
Less: current portion of long-term debt and short-term borrowings4,500 50,250 
Less: unamortized debt issuance costs and debt discount27,663 23,090 
Long-term debt, net$784,593 $783,347 
Debt Instrument Redemption
On or after February 15, 2025, we may redeem the Notes in whole or in part at the redemption prices set forth below, plus accrued and unpaid interest:
For the periodRedemption Price
February 15, 2025 through February 14, 2026104.875 %
February 15, 2026 through February 14, 2027102.438 %
On or after February 15, 2027100.000 %
Schedule of Maturities of Long-Term Debt Aggregate minimum principal payments on debt as of December 30, 2023 are as follows:
(in thousands)
2024$4,500 
20257,500 
20266,000 
20276,000 
2028792,756 
$816,756