Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

v3.21.1
Debt (Tables)
 3 Months Ended
Apr. 01, 2021
Debt Disclosure [Abstract]  
Schedule of Long Term Debt
The following table summarizes the Company's long-term debt as of April 1, 2021 and December 31, 2020:
in thousands Maturity Date Interest Rate per Annum at
April 1, 2021		 April 1, 2021 December 31, 2020
Credit Facilities:
UBS Facility Term Loan B February 14, 2027 2.12% Variable $ 207,653  $ 143,179 
UBS Facility Term Loan B-1 February 14, 2027 n/a n/a —  74,625 
Wells Facility Revolving Line of Credit February 14, 2025 3.50% Variable —  — 
Total secured debt at par value 207,653  217,804 
Less: current maturities 2,103  1,647 
Long-term debt maturities 205,550  216,157 
Less: unamortized discount and debt issuance costs 10,004  9,000 
Total long-term debt $ 195,546  $ 207,157 
Total debt at fair value $ 205,057  $ 215,626 
Schedule of Maturities of Debt
The following table summarizes scheduled maturities of the Company’s debt, including current maturities, as of April 1, 2021:
in thousands Amount
Thirty-nine weeks ending December 30, 2021 $ 1,577 
2022 2,103 
2023 2,103 
2024 2,103 
2025 2,103 
Thereafter 197,664 
Total minimum debt payments $ 207,653 
Schedule of Components of Interest Expense
Components of interest expense are as follows for the periods presented:
in thousands April 1, 2021 March 26, 2020
Total interest costs $ 1,969  $ 2,034 
Interest capitalized 581  227 
Interest expense, net $ 1,388  $ 1,807