Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.22.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long Term Debt
The following table summarizes the Company’s long-term debt as of March 31, 2022 and December 30, 2021:
in thousands Maturity Date Interest Rate Per Annum at March 31, 2022 March 31, 2022 December 30, 2021
Credit Facilities:
Term Loan Facility February 14, 2027 2.21% Variable $ 205,550  $ 206,602 
Total secured debt at par value 205,550  206,602 
Less: current maturities 1,577  2,103 
Long-term debt maturities 203,973  204,499 
Less: unamortized discount and debt issuance costs 8,313  8,737 
Total long-term debt $ 195,660  $ 195,762 
Total debt at fair value $ 200,411  $ 202,986 
Schedule of Maturities of Debt
The following table summarizes scheduled maturities of the Company’s debt as of March 31, 2022:
in thousands Amount
Thirty-nine weeks ending December 29, 2022 $ 1,051 
2023 2,103 
2024 2,103 
2025 2,103 
2026 2,103 
Thereafter 196,087 
Total minimum debt payments $ 205,550 
Schedule of Components of Interest Expense
Components of interest expense are as follows for the periods presented:
Thirteen Weeks Ended
in thousands March 31, 2022 April 1, 2021
Total interest costs $ 1,875  $ 1,969 
Interest capitalized 713  581 
Interest expense, net $ 1,162  $ 1,388