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Debt (Tables)
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long Term Debt
The following table summarizes the Company’s long-term debt as of March 31, 2022 and December 30, 2021:
in thousandsMaturity DateInterest Rate Per Annum at March 31, 2022March 31, 2022December 30, 2021
Credit Facilities:
Term Loan FacilityFebruary 14, 20272.21%Variable$205,550 $206,602 
Total secured debt at par value205,550 206,602 
Less: current maturities1,577 2,103 
Long-term debt maturities203,973 204,499 
Less: unamortized discount and debt issuance costs8,313 8,737 
Total long-term debt$195,660 $195,762 
Total debt at fair value$200,411 $202,986 
Schedule of Maturities of Debt
The following table summarizes scheduled maturities of the Company’s debt as of March 31, 2022:
in thousandsAmount
Thirty-nine weeks ending December 29, 2022$1,051 
20232,103 
20242,103 
20252,103 
20262,103 
Thereafter196,087 
Total minimum debt payments$205,550 
Schedule of Components of Interest Expense
Components of interest expense are as follows for the periods presented:
Thirteen Weeks Ended
in thousandsMarch 31, 2022April 1, 2021
Total interest costs$1,875 $1,969 
Interest capitalized713 581 
Interest expense, net$1,162 $1,388