Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Schedule of Debt

The Company’s debt consisted of the following:

	December 31, 2016			January 2, 2016
2016 First Lien Term Loan, with floating interest rates, maturing June 2, 2023, net of original issue discount of $4,526	$	663,720		$	—
2016 First Lien Term Loan, held by related party, net of original issue discount of $181		26,573			—
Senior Unsecured Notes (including related party principal of $40,000)		400,000			—
2012 First Lien Term Loan, net of original issue discount of $2,399		—			894,851
2012 Second Lien Term Loan, net of original issue discount of $2,438		—			340,562
2012 Second Lien Term Loan, held by related party, net of original issue discount of $228		—			31,772
Debt issuance costs		(11,638	)		(11,071	)
Capitalized lease obligations maturing through Fiscal 2018		276			861
Insurance premium financing		—			1,583
		1,078,931			1,258,558
Less: current maturities		(274	)		(24,721	)
Total debt	$	1,078,657		$	1,233,837

Schedule of Applicable Margins Related to Net Leverage Ratios

Interest on borrowings under the 2016 First Lien Term Loan varies based on either LIBOR or a bank base rate, plus a margin as set forth in the following table:

Total Net Leverage Ratio	LIBOR Loans			Bank Base Rate Loans
Less than or equal to 4.00:1.00		3.50	%		2.50	%
Greater than 4.00:1.00		3.00	%		2.00	%

Schedule of Maximum Borrowing Facility

 Availability under the ABL Facility was as follows:

	December 31, 2016		January 2, 2016
Borrowing base limitation	$	125,114	$	130,941
Less: outstanding letters of credit		5,469		5,498
Net availability	$	119,645	$	125,443

Summary of Redemption Prices Plus Accrued and Unpaid Interest

At any time on or after December 15, 2019, at a redemption price equal to the following percentages of the principal amount, plus applicable accrued and unpaid interest, if any:

Year ending December 14,	Percentage
2020		104.125	%
2021		102.750	%
2022		101.375	%
2023 and thereafter		100.000	%

Future Maturities of Total Debt

Future maturities of long-term debt were as follows at December 31, 2016:

Fiscal year 2017	$	274
Fiscal year 2018		2
Thereafter		1,095,000
		1,095,276
Less: amounts representing interest resulting from amortization of original issue discount		(4,707	)
	$	1,090,569