General form of registration statement for all companies including face-amount certificate companies

Debt (Tables)

v3.8.0.1
Debt (Tables)
9 Months Ended 12 Months Ended
Sep. 28, 2017
Dec. 29, 2016
Debt    
Schedule of Long Term Debt

 

 

 

 

 

 

 

 

    

September 28,

    

December 29,

(in thousands)

 

2017

 

2016

Total debt at par value

 

$

191,475

 

$

400,000

Less: unamortized discount and debt issuance costs

 

 

4,056

 

 

9,257

Net carrying amount

 

$

187,419

 

$

390,743

Fair value

 

$

191,858

 

$

400,000

 

              The following table summarizes our long-term debt as of December 29, 2016 and December 31, 2015 (dollars in thousands):

                                                                                                                                                                                    

 

 

Maturity
Date

 

Interest Rate Per
Annum at
December 29,
2016

 

December 31,
2015

 

December 29,
2016

 

Credit Facilities:

 

 

 

 

 

 

 

 

 

 

 

Term Loan Facility           

 

September 30, 2023

 

5.25% Variable

 

$

 

$

350,000

 

ABL Facility

 

September 30, 2021

 

2.08% Variable

 

 

92,900

 

 

50,000

 

Prior Term Loan Facility

 

July 2, 2019

 

3.30% Variable

 

 

8,333

 

 

 

GCI Facility

 

May 1, 2019

 

7.75% Variable

 

 

78,000

 

 

 

​  

​  

​  

​  

Total secured debt

 

 

 

 

 

$

179,233

 

$

400,000

 

Less: current maturities

 

 

 

 

 

 

1,267

 

 

3,500

 

​  

​  

​  

​  

Long-term debt maturities

 

 

 

 

 

 

177,966

 

 

396,500

 

Less: unamortized discount and debt issuance costs

 

 

 

 

 

 

1,643

 

 

9,257

 

​  

​  

​  

​  

Total long-term debt

 

 

 

 

 

$

176,323

 

$

387,243

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of Maturities of Debt  

              The following table summarizes scheduled maturities of our debt, including current maturities, as of December 29, 2016 (in thousands):

                                                                                                                                                                                    

 

 

Amount

 

2017

 

$

3,500

 

2018

 

 

3,500

 

2019

 

 

3,500

 

2020

 

 

4,375

 

2021

 

 

52,625

 

Thereafter

 

 

332,500

 

​  

​  

Total minimum debt payments

 

$

400,000

 

​  

​  

​  

​  

 

Schedule of fair value debt  

At December 29, 2016 and December 31, 2015, the fair values of the Company's debt are as follows (in thousands):

                                                                                                                                                                                    

 

 

December 31,
2015

 

December 29,
2016

 

Total debt at par value

 

$

179,233

 

$

400,000

 

Less: unamortized discount and debt issuance costs

 

 

1,643

 

 

9,257

 

​  

​  

​  

​  

Net carry amount

 

$

177,590

 

$

390,743

 

Fair value

 

$

179,413

 

$

400,000