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Debt and Other Obligations (Tables) | 4 Months Ended
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Apr. 18, 2020
Long Term Debt (Net of Issuance Costs and Debt Discounts Excluding Line-of-credit Arrangements) | Long-term debt (net of issuance costs and debt discounts excluding line-of-credit arrangements) (leases are separately discussed in Note 4, Leases) consisted of the following at April 18, 2020 and December 28, 2019, respectively (amounts in thousands):
|  | April 18, 2020 |  |  | December 28, 2019 |
Unsecured credit facility |  | $ | 225,000 |  |  | $ | 41,750 |
2026 notes |  |  | 396,298 |  |  |  | 396,122 |
2022 notes |  |  | 399,054 |  |  |  | 398,906 |
Accounts receivable securitization facility |  |  | 49,000 |  |  |  | 26,000 |
Other notes payable |  |  | 1,245 |  |  |  | 3,730 |
|  |  | 1,070,597 |  |  |  | 866,508 |
Less current maturities of long-term debt |  |  | (1,245 | ) |  |  | (3,730 | )
Total long-term debt |  | $ | 1,069,352 |  |  | $ | 862,778 |
Aggregate Maturities of Debt Outstanding | Aggregate maturities of debt outstanding as of April 18, 2020 are as follows (excluding unamortized debt discount and issuance costs) (amounts in thousands):
Remainder of 2020 |  | $ | 1,250 |
2021 |  |  | 49,000 |
2022 |  |  | 625,000 |
2023 |  |  | — |
2024 |  |  | — |
2025 and thereafter |  |  | 400,000 |
Total |  | $ | 1,075,250 |
Reconciliation of Debt Issuance Costs and Debt Discounts to the Net Carrying Value for Each Debt Obligation (Excluding Line of Credit Arrangements) | The table below reconciles the debt issuance costs and debt discounts to the net carrying value of each of our debt obligations (excluding line-of-credit arrangements) at April 18, 2020 (amounts in thousands):
|  |  |  |  |  | Debt Issuance Costs |  |  |  |  |
|  | Face Value |  |  | and Debt Discount |  |  | Net Carrying Value |
2026 notes |  | $ | 400,000 |  |  | $ | 3,702 |  |  | $ | 396,298 |
2022 notes |  |  | 400,000 |  |  |  | 946 |  |  |  | 399,054 |
Other notes payable |  |  | 1,250 |  |  |  | 5 |  |  |  | 1,245 |
Total |  | $ | 801,250 |  |  | $ | 4,653 |  |  | $ | 796,597 |
The table below reconciles the debt issuance costs and debt discounts to the net carrying value of each of our debt obligations (excluding line-of-credit arrangements) at December 28, 2019 (amounts in thousands):
|  |  |  |  |  | Debt Issuance Costs |  |  |  |  |
|  | Face Value |  |  | and Debt Discount |  |  | Net Carrying Value |
2026 notes |  | $ | 400,000 |  |  | $ | 3,878 |  |  | $ | 396,122 |
2022 notes |  |  | 400,000 |  |  |  | 1,094 |  |  |  | 398,906 |
Other notes payable |  |  | 3,750 |  |  |  | 20 |  |  |  | 3,730 |
Total |  | $ | 803,750 |  |  | $ | 4,992 |  |  | $ | 798,758 |
Accounts Receivable Securitization Facility |
Schedule of Borrowings and Repayments Under Credit Facility | The table below presents the borrowings and repayments under the facility during the sixteen weeks ended April 18, 2020:
|  | Amount (thousands) |
Balance at December 28, 2019 |  | $ | 26,000 |
Borrowings |  |  | 102,500 |
Payments |  |  | (79,500 | )
Balance at April 18, 2020 |  | $ | 49,000 |
Schedule of Net Amount Available Under Credit Facility | The table below presents the net amount available for working capital and general corporate purposes under the facility as of April 18, 2020:
|  | Amount (thousands) |
Gross amount available |  | $ | 200,000 |
Outstanding |  |  | (49,000 | )
Available for withdrawal |  | $ | 151,000 |
Schedule of Highest and Lowest Outstanding Balance Under Credit Facility | The table below presents the highest and lowest outstanding balance under the facility during the sixteen weeks ended April 18, 2020:
|  | Amount (thousands) |
High balance |  | $ | 79,000 |
Low balance |  | $ | 19,000 |
Unsecured Credit Facility |
Schedule of Borrowings and Repayments Under Credit Facility | Amounts outstanding under the credit facility vary daily. Changes in the gross borrowings and repayments can be caused by cash flow activity from operations, capital expenditures, acquisitions, dividends, share repurchases, and tax payments, as well as derivative transactions, which are part of the company’s overall risk management strategy as discussed in Note 8, Derivative Financial Instruments, of Notes to Condensed Consolidated Financial Statements of this Form 10-Q. The table below presents the borrowings and repayments under the credit facility during the sixteen weeks ended April 18, 2020.
|  | Amount (thousands) |
Balance at December 28, 2019 |  | $ | 41,750 |
Borrowings |  |  | 272,600 |
Payments |  |  | (89,350 | )
Balance at April 18, 2020 |  | $ | 225,000 |
Schedule of Net Amount Available Under Credit Facility | The table below presents the net amount available under the credit facility as of April 18, 2020:
|  | Amount (thousands) |
Gross amount available |  | $ | 500,000 |
Outstanding |  |  | (225,000 | )
Letters of credit |  |  | (8,400 | )
Available for withdrawal |  | $ | 266,600 |
Schedule of Highest and Lowest Outstanding Balance Under Credit Facility | The table below presents the highest and lowest outstanding balance under the credit facility during the sixteen weeks ended April 18, 2020:
|  | Amount (thousands) |
High balance |  | $ | 235,000 |
Low balance |  | $ | 6,400 |

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