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Long-Term Debt (Tables)
12 Months Ended
Dec. 28, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
Long-term debt consisted of the following:

December 28, 2025December 29, 2024
Outstanding Principal
Interest Rate(1)
Outstanding Principal
Interest Rate(1)
(in thousands)(in thousands)
Syndicated Credit Facility
Revolving loan borrowings
$6,158 6.07 %$— — %
Term loan borrowings175,621 5.09 %5,564 5.62 %
Total borrowings under Syndicated Credit Facility181,779 5.12 %5,564 5.62 %
5.50% Senior Notes (2)
— — %300,000 5.50 %
 
Total debt181,779 305,564 
Less: Unamortized debt issuance costs(200)(2,807)
 
Total debt, net181,579 302,757 
Less: Current portion of long-term debt(8,778)(482)
 
Total long-term debt, net$172,801 $302,275 

(1) Represents the weighted average rate of interest for borrowings under the Syndicated Credit Facility and the stated rate of interest for the 5.50% Senior Notes without the effect of debt issuance costs.
(2) The Senior Notes were redeemed December 3, 2025. See below for additional information.
Senior Notes Redemption
On December 3, 2025, the Company redeemed all of its $300 million outstanding 5.50% Senior Notes. The Senior Notes were redeemed using the proceeds from term loan borrowings under the amended Facility and cash on hand. The redemption price was 100% of the principal amount, plus accrued and unpaid interest. See below for amounts recognized upon extinguishment.


Debt Issuance and Extinguishment Costs

In connection with the December 3, 2025 Facility amendment and Senior Notes redemption, below is a summary of the fees and expenses incurred:

Financial Statement Location
Revolving Loans
Term Loans
Senior Notes (1)
Total
(in thousands)
Capitalization of debt issuance costs - revolving loans
Other assets$1,099 $— $— $1,099 
Capitalization of debt issuance costs - term loans
Long-term debt— 203 — 203 
Loss on debt extinguishment(2)
Interest expense293 — 2,147 2,440 
Other debt extinguishment costs
Interest expense— 620— 620 

(1) Represents write-off of unamortized debt issuance costs.
(2) Revolving loan amounts pertain to the partial write-off of unamortized debt issuance costs due to lender changes in the Facility.
Schedule of Future Maturities of Borrowings
The aggregate maturities of borrowings outstanding at December 28, 2025 were as follows:
 
Fiscal YearAmount
 (in thousands)
2026$8,781 
20278,781 
20288,781 
20298,781 
2030146,655 
Total debt$181,779