Red Robin Gourmet Burgers, Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Borrowings (Tables)

Borrowings (Tables)

12 Months Ended

Dec. 29, 2024

Borrowings as of December 29, 2024 and December 31, 2023 are summarized below:


	December 29, 2024				December 31, 2023
(Dollars in thousands)	Borrowings		Variable Interest Rates		Borrowings		Variable Interest Rates
Revolving line of credit	$	20,000	12.03	%	$	—	—	%
Term loan	169,470		12.21	%	189,143		11.62	%

Total borrowings	189,470				189,143
Less: unamortized debt issuance costs and discounts(1)	7,829				6,549

Long-term debt	$	181,641			$	182,594

Revolving line of credit unamortized deferred financing charges(1):	$	1,298			$	752

(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 Consolidated Balance Sheets.

Schedule of Maturities of Long-Term Debt

Maturities of long-term debt as of December 29, 2024 are as follows (in thousands):


2025	$	—
2026	—
2027	189,470
2028	—

Thereafter	—
	$	189,470

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details