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Long-Term Debt (Tables)
12 Months Ended
Dec. 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)
December 29, 2018
 
December 30, 2017
Principal amount
$
263,033

 
$
306,791

Unamortized original issue discount and debt issuance costs
(3,386
)
 
(5,616
)
Less: Current portion of long-term debt
(8,290
)
 
(1,508
)
Long-term debt
$
251,357

 
$
299,667

Interest Income and Interest Expense Disclosure
Interest expense related to the Term Loan was included in Interest expense on the Consolidated Statements of Operations as follows:
 
 
 
Year Ended
 
 
(in thousands)
December 29, 2018
 
December 30, 2017
 
December 31, 2016
Contractual interest
$
18,600

 
$
16,503

 
$
18,518

Amortization of debt issuance costs and discount
2,230

 
1,982

 
1,350

Total Interest expense related to the Term Loan
$
20,830

 
$
18,485

 
$
19,868

Future principal payments
As of December 29, 2018, expected future principal payments on the Term Loan were as follows:
Fiscal year
 
(in thousands)
 
 
 
2019
 
10,031

2020
 
63,131

2021
 
189,871

 
 
$
263,033