| Schedule of Long Term Debt |
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September 28,
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December 29,
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(in thousands)
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2017
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2016
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Total debt at par value
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$
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191,475
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$
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400,000
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Less: unamortized discount and debt issuance costs
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4,056
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9,257
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Net carrying amount
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$
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187,419
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$
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390,743
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Fair value
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$
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191,858
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$
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400,000
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The following table summarizes our long-term debt as of December 29, 2016 and December 31, 2015 (dollars in thousands):
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Maturity
Date
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Interest Rate Per
Annum at
December 29,
2016
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December 31,
2015
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December 29,
2016
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Credit Facilities:
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Term Loan Facility
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September 30, 2023
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5.25% Variable
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$
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—
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$
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350,000
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ABL Facility
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September 30, 2021
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2.08% Variable
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92,900
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50,000
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Prior Term Loan Facility
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July 2, 2019
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3.30% Variable
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8,333
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—
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GCI Facility
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May 1, 2019
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7.75% Variable
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78,000
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—
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Total secured debt
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$
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179,233
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$
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400,000
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Less: current maturities
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1,267
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3,500
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Long-term debt maturities
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177,966
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396,500
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Less: unamortized discount and debt issuance costs
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1,643
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9,257
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Total long-term debt
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$
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176,323
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$
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387,243
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