Quarterly report pursuant to Section 13 or 15(d)

Borrowings

v3.21.2
Borrowings
6 Months Ended
Jul. 11, 2021
Debt Disclosure [Abstract]  
Borrowings Borrowings
Borrowings as of July 11, 2021 and December 27, 2020 are summarized below (in thousands):
July 11, 2021 December 27, 2020
Borrowings Weighted
Average
Interest Rate
Borrowings Weighted
Average
Interest Rate
Revolving credit facility, term loan, and other long-term debt $ 154,798  7.40  % $ 170,644  4.50  %
Total debt 154,798  170,644 
Less current portion 9,692  9,692 
Long-term debt $ 145,106  $ 160,952 
Amounts issued under letters of credit $ 8,600  $ 8,700 
Loan origination costs associated with the Company's credit facility are included as deferred costs in Other assets, net in the accompanying Condensed Consolidated Balance Sheets. Unamortized debt issuance costs were $2.1 million and $3.3 million as of July 11, 2021 and December 27, 2020.