Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.2
Debt (Tables)
6 Months Ended
Jul. 10, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments Borrowings as of July 10, 2022 and December 26, 2021 are summarized below (in thousands):
July 10, 2022 Weighted
Average
Interest Rate
December 26, 2021 Weighted
Average
Interest Rate
Revolving line of credit $ —  $ 57,000 
Term loan 199,500  8.70  % 119,080  7.10  %
Notes payable, non-current 875  875 
Total borrowings 200,375  176,955 
Less: unamortized debt issuance costs and discounts(1)
9,002  — 
Less: current portion of long-term debt 2,000  9,692 
Long-term debt $ 189,373  $ 167,263 
Revolving line of credit unamortized deferred financing charges(1):
$ 0.9  $ 2.0 
(1)     Loan origination costs associated with the Company's credit facility are included as deferred costs in Other assets, net for financing charges allocated to the Revolving line of credit, and Long-term debt for financing charges associated with the term loan in the accompanying Condensed Consolidated Balance Sheets.