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DEBT (Tables)
6 Months Ended
Jun. 25, 2023
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consisted of the following (in millions):
June 25, 2023December 25, 2022
Final MaturityAnticipated Repayment DateRateFace ValueBook ValueBook Value
Senior Debt
FB Royalty Securitization4/25/20517/25/20264.75 %$139.8 $135.9 $135.3 
GFG Royalty Securitization7/25/20517/25/20266.00 %274.0 265.1 228.9 
Twin Peaks Securitization7/25/20511/25/20257.00 %150.0 148.4 147.5 
Fazoli's/Native Securitization7/25/20511/25/20256.00 %128.8 125.7 124.8 
Senior Subordinated Debt
FB Royalty Securitization4/25/20517/25/20268.00 %46.6 45.4 45.2 
GFG Royalty Securitization7/25/20517/25/20267.00 %84.0 82.3 82.0 
Twin Peaks Securitization7/25/20511/25/20259.00 %50.0 48.3 47.3 
Fazoli's/Native Securitization7/25/20511/25/20257.00 %25.0 23.8 23.5 
Subordinated Debt
FB Royalty Securitization4/25/20517/25/20269.00 %34.6 32.4 32.1 
GFG Royalty Securitization7/25/20517/25/20269.50 %57.0 54.0 53.5 
Twin Peaks Securitization7/25/20511/25/202510.00 %50.0 47.1 45.5 
Fazoli's/Native Securitization7/25/20511/25/20259.00 %40.0 37.5 37.0 
Total Securitized Debt1,079.8 1,045.9 1,002.6 
Elevation Note 7/19/2026N/A6.00 %3.5 3.5 3.9 
Equipment Notes
5/5/2027 to 3/7/2029
N/A
7.99% to 8.49%
1.2 1.2 1.3 
Twin Peaks Construction Loan
8/5/2023
N/A8.00 %2.2 2.2 0.4 
Twin Peaks Construction Loan II1/9/2024N/A10.83 %1.5 1.5 — 
Total Debt$1,088.2 1,054.3 1,008.2 
Current portion of long-term debt(35.8)(49.6)
Long-term Debt$1,018.5 $958.6