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Long-term Debt (Tables)
6 Months Ended
Jun. 29, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt
Long-term debt consisted of the following (amounts in thousands):
June 29,
2024
December 30,
2023
2023 Credit Agreement:
Senior term loan due 2028$290,625 $294,375 
Revolving credit facility90,000 — 
Long-term debt, gross380,625 294,375 
Less: Unamortized debt issuance costs
(1,445)(1,643)
Long-term debt, less unamortized debt issuance costs379,180 292,732 
Less: Current portion(5,625)(5,625)
Long-term debt, net$373,555 $287,107 
Schedule of Principal Maturities
Principal maturities of debt as of June 29, 2024 are as follows (amounts in thousands):
Remainder of fiscal 2024$1,875 
Fiscal 202515,000 
Fiscal 202615,000 
Fiscal 202715,000 
Fiscal 2028333,750 
Thereafter— 
Total$380,625 
Schedule of Interest Expense, Net
Interest expense, net, consisted of the following (amounts in thousands):
13 Weeks Ended26 Weeks Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Interest on loans$7,089 $5,867 $12,767 $12,974 
Amortization of debt issuance costs and debt discounts227 227 455 628 
Interest on finance leases84 78 179 150 
Other24 — 24 — 
Interest income(1,524)(1,406)(4,016)(3,067)
Capitalized interest(341)— (674)— 
Interest expense, net$5,559 $4,766 $8,735 $10,685 
Schedule of Loss on Debt Extinguishment and Modification Cost
Loss on debt extinguishment and modification consisted of the following (amounts in thousands):
13 Weeks Ended26 Weeks Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Write off of debt issuance costs$— $— $— $4,518 
Write off of debt discounts— — — 578 
Debt modification costs— — — 244 
Loss on debt extinguishment and modification$— $— $— $5,340