Long-Term Debt (Tables)

6 Months Ended

Jun. 29, 2019

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The fair value of our long-term debt approximates the carrying value, which is reflected in our Consolidated Balance Sheets as follows:

(In thousands)	June 29, 2019			December 29, 2018
Principal amount	$	191,500		$	263,033
Unamortized original issue discount and debt costs	(2,023		)	(3,386		)
Less: Current portion of long-term debt	(17,190		)	(8,290		)
Long-term debt, net of current portion	$	172,287		$	251,357

Interest Income and Interest Expense Disclosure

Interest expense related to our long-term debt was included in Interest expense on our Consolidated Statements of Operations as follows:

	Three Months Ended				Six Months Ended
(In thousands)	June 29, 2019		June 30, 2018		June 29, 2019		June 30, 2018
Contractual interest	$	2,989	$	4,762	$	7,305	$	9,290
Amortization of debt issuance costs and discount	528		551		1,215		1,058
Total interest expense related to long-term debt	$	3,517	$	5,313	$	8,520	$	10,348

Schedule of Debt

As of June 29, 2019, expected future principal payments on our long-term debt was as follows:

Fiscal year	(in thousands)
2019 (remaining 6 months)	33,750
2020	17,500
2021	17,500
2022	17,500
2023	17,500
2024	87,750
	$	191,500