Long-Term Debt (Tables)

9 Months Ended

Sep. 28, 2019

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The fair value of our long-term debt approximates the carrying value, which is reflected in our Consolidated Balance Sheets as follows:

(In thousands)	September 28, 2019			December 29, 2018
Principal amount	$	158,125		$	263,033
Unamortized original issue discount and debt costs	(1,699		)	(3,386		)
Less: Current portion of long-term debt	(17,196		)	(8,290		)
Long-term debt, net of current portion and unamortized debt issue costs	$	139,230		$	251,357

Schedule of Interest Income and Interest Expense Disclosure

Interest expense related to our long-term debt was included in Interest expense on our Consolidated Statements of Operations as follows:

	Three Months Ended				Nine Months Ended
(In thousands)	September 28, 2019		September 29, 2018		September 28, 2019		September 29, 2018
Contractual interest	$	1,686	$	4,711	$	8,991	$	14,001
Amortization of debt issuance costs and discount	324		789		1,539		1,847
Total interest expense related to long-term debt	$	2,010	$	5,500	$	10,530	$	15,848

Schedule of Debt

As of September 28, 2019, expected future principal payments on our long-term debt was as follows:

Fiscal year	(in thousands)
2019 (remaining 3 months)	$	4,375
2020	17,500
2021	17,500
2022	17,500
2023	17,500
2024	83,750
	$	158,125