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LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 27, 2015
LONG-TERM DEBT  
Summary of company's long-term debt

 

 

 

 

 

 

 

 

 

 

 

 

 

Face Value at

 

Carrying Value

 

 

 

December 27,

 

December 27,

 

December 28,

 

(in thousands)

 

2015

 

2015

 

2014

 

Notes:

    

 

    

    

 

    

    

 

    

 

9.00% senior secured notes due in 2022

 

$

516,415

 

$

506,571

 

$

543,640

 

5.750% notes due in 2017

 

 

55,442

 

 

54,551

 

 

108,489

 

7.150% debentures due in 2027

 

 

89,188

 

 

84,469

 

 

84,076

 

6.875% debentures due in 2029

 

 

276,230

 

 

259,834

 

 

258,607

 

Long-term debt

 

$

937,275

 

$

905,425

 

$

994,812

 

 

Redeemed or repurchase of notes

 

 

 

 

 

(in thousands)

    

Face Value

 

9.00% senior secured notes due in 2022

 

$

39,370

 

5.750% notes due in 2017

 

 

55,857

 

Total notes repurchased

 

$

95,227

 

 

Annual maturities of debt

 

 

 

 

 

 

    

Payments

 

Year

 

(in thousands)

 

2016

 

$

 —

 

2017

 

 

55,442

 

2018

 

 

 —

 

2019

 

 

 —

 

2020

 

 

 —

 

Thereafter

 

 

881,833

 

Debt principal

 

$

937,275