Quarterly report pursuant to Section 13 or 15(d)

Borrowings (Tables)

v3.23.3
Borrowings (Tables)
 9 Months Ended
Oct. 01, 2023
Debt Disclosure [Abstract]  
Schedule of Borrowings Borrowings as of October 1, 2023 and December 25, 2022 are summarized below (in thousands):
October 1, 2023 Variable
Interest Rate		 December 25, 2022 Variable
Interest Rate
Revolving line of credit $ —  $ 15,000  10.44  %
Term loan 189,142  12.16  % 199,000  9.81  %
Notes payable 875  875 
Total borrowings 190,017  214,875 
Less: unamortized debt issuance costs and discounts(1)
7,000  8,345 
Less: current portion of long-term debt 875  3,375 
Long-term debt $ 182,142  $ 203,155 
Revolving line of credit unamortized deferred financing charges(1):
$ 807  $ 988 
(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.