Long-Term Debt (Tables)

9 Months Ended

Sep. 29, 2018

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The fair value of the Term Loan approximates the carrying value, which is reflected in our Consolidated Balance Sheets as follows:

(In thousands)	September 29, 2018			December 30, 2017
Principal amount	$	278,908		$	306,791
Unamortized original issue discount and debt costs	(3,769		)	(5,616		)
Less: Current portion of long-term debt	(14,104		)	(1,508		)
Long-term debt	$	261,035		$	299,667

Interest Income and Interest Expense Disclosure

Interest expense related to the Term Loan was included in Interest expense on our Consolidated Statements of Operations as follows:

	Three Months Ended				Nine Months Ended
(In thousands)	September 29, 2018		September 30, 2017		September 29, 2018		September 30, 2017
Contractual interest	$	4,711	$	3,492	$	14,001	$	12,202
Amortization of debt issuance costs and discount	789		326		1,847		1,680
Total interest expense related to the Term Loan	$	5,500	$	3,818	$	15,848	$	13,882

Schedule of Debt

As of September 29, 2018, expected future principal payments on the Term Loan were as follows:

Fiscal year	(in thousands)
2018 (remaining 3 months)	$	875
2019	15,914
2020	56,175
2021	205,944
	$	278,908