Floor & Decor Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

Debt (Tables)

9 Months Ended

Sep. 24, 2020

The following table summarizes the Company's long-term debt as of September 24, 2020 and December 26, 2019:


in thousands	September 24, 2020		December 26, 2019
Credit Facilities:
UBS Facility Term Loan B	$	143,902	$	145,500
UBS Facility Term Loan B-1	75,000		—
Wells Facility Revolving Line of Credit	—		—
Total secured debt at par value	218,902		145,500
Less: unamortized discount and debt issuance costs	9,364		2,894
Net carrying amount	209,538		142,606
Less: current maturities	2,745		—
Total long-term debt	$	206,793	$	142,606
Total debt at fair value	$	214,524	$	145,136

Schedule of Maturities of Debt

The following table summarizes scheduled maturities of the Company’s debt, including current maturities, as of September 24, 2020:


in thousands	Amount
Fourteen weeks ending December 31, 2020	$	1,098
2021	1,647
2022	2,196
2023	2,196
2024	2,196
Thereafter (1)	209,569
Total minimum debt payments	$	218,902

(1)Thereafter maturities are comprised of $137.8 million due under the term loan B facility and $71.8 million due under the term loan B-1 facility through February 14, 2027.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details