Debt (Tables)

12 Months Ended

Dec. 25, 2022

Debt Disclosure [Abstract]

Schedule of long-term debt, net

Long-term debt, net consists of the following (in thousands):

	December 25, 2022		December 26, 2021
Senior notes	$	400,000	$	400,000
Revolving facilities	205,000		90,000
Outstanding debt	605,000		490,000
Unamortized debt issuance costs	(7,931)		(9,270)
Total long-term debt, net	$	597,069	$	480,730

Schedule of notional value of derivatives

As of December 25, 2022, we have the following interest rate swap agreements with a total notional value of $125.0 million:

Effective Dates	Floating Rate Debt			Fixed Rates
April 30, 2018 through April 30, 2023	$	55	million	2.33	%
April 30, 2018 through April 30, 2023	$	35	million	2.36	%
April 30, 2018 through April 30, 2023	$	35	million	2.34	%

Schedule of location and amounts of derivatives in the Financial statements

The following table provides information on the location and amounts of our swaps in the accompanying Consolidated Financial Statements (in thousands):

	Interest Rate Swap Derivatives
Balance Sheet Location	Fair Value December 25, 2022		Fair Value December 26, 2021
Other current and long-term assets	$	986	$	—
Other current and long-term liabilities	$	—	$	5,536

Schedule of effect of derivative instruments financial statements

The effect of derivative instruments on the accompanying Consolidated Financial Statements is as follows (in thousands):

Derivatives - Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in AOCL on Derivative		Location of (Loss) or Gain Reclassified from AOCL into Income	Amount of (Loss) or Gain Reclassified from AOCL into Income		Total Interest Expense on Consolidated Statements of Operations
Interest rate swaps:
2022	$	3,663	Interest expense	$	(2,384)	$	(26,653)
2021	$	5,273	Interest expense	$	(5,965)	$	(19,205)
2020	$	(5,788)	Interest expense	$	(5,068)	$	(17,022)