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Debt and Other Commitments (Tables) | 12 Months Ended
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Dec. 28, 2024
Long-Term Debt and Capital Leases | Long-term debt, including capital lease obligations, consisted of the following at December 28, 2024 and December 30, 2023:
|  | Interest Rate at December 28, 2024 |  | Final Maturity |  | December 28, 2024 |  |  | December 30, 2023 |
|  |  |  |  |  | (Amounts in thousands) |
Unsecured credit facility |  | 7.53% |  | 2026 |  | $ | 2,200 |  |  | $ | — |
2031 notes |  | 2.40% |  | 2031 |  |  | 495,452 |  |  |  | 494,723 |
2026 notes |  | 3.50% |  | 2026 |  |  | 398,992 |  |  |  | 398,421 |
Accounts receivable repurchase facility |  | 5.27% |  | 2026 |  |  | 125,000 |  |  |  | 155,000 |
|  |  |  |  |  |  | 1,021,644 |  |  |  | 1,048,144 |
Current maturities of long-term debt |  |  |  |  |  |  | — |  |  |  | — |
Long-term debt |  |  |  |  |  | $ | 1,021,644 |  |  | $ | 1,048,144 |
Aggregate Maturities of Debt Outstanding | Aggregate maturities of debt outstanding as of December 28, 2024, are as follows (excluding unamortized debt discount and issuance costs) (amounts in thousands):
2025 |  | $ | — |
2026 |  |  | 527,200 |
2027 |  |  | — |
2028 |  |  | — |
2029 |  |  | — |
Thereafter |  |  | 500,000 |
Total |  | $ | 1,027,200 |
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 December 28, 2024 (amounts in thousands):
|  | Face Value |  |  | Debt issuance costs and debt discount |  |  | Net carrying value |
2031 notes |  | $ | 500,000 |  |  | $ | 4,548 |  |  | $ | 495,452 |
2026 notes |  |  | 400,000 |  |  |  | 1,008 |  |  |  | 398,992 |
Total |  | $ | 900,000 |  |  | $ | 5,556 |  |  | $ | 894,444 |
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 30, 2023 (amounts in thousands):
|  | Face Value |  |  | Debt issuance costs and debt discount |  |  | Net carrying value |
2031 notes |  | $ | 500,000 |  |  | $ | 5,277 |  |  | $ | 494,723 |
2026 notes |  |  | 400,000 |  |  |  | 1,579 |  |  |  | 398,421 |
Total |  | $ | 900,000 |  |  | $ | 6,856 |  |  | $ | 893,144 |
Schedule of Deferred Compensation Amount Outstanding | The amounts outstanding at December 28, 2024 and December 30, 2023 were as follows (amounts in thousands):
|  | December 28, 2024 |  |  | December 30, 2023 |
Deferral elections outstanding |  | $ | 29,996 |  |  | $ | 27,578 |
Current portion of deferral elections |  |  | (1,690 | ) |  |  | (1,371 | )
Long-term portion of deferral elections |  | $ | 28,306 |  |  | $ | 26,207 |
Accounts Receivable Repurchase Facility |
Schedule of Borrowings and Repayments Under Credit Facility | The table below presents the borrowings and repayments under the repurchase facility during Fiscal 2024:
|  | Amount (thousands) |
Balance as of December 30, 2023 |  | $ | 155,000 |
Borrowings |  |  | 235,000 |
Payments |  |  | (265,000 | )
Balance as of December 28, 2024 |  | $ | 125,000 |
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 repurchase facility as of December 28, 2024:
|  | Amount (thousands) |
Gross amount available |  | $ | 200,000 |
Outstanding |  |  | (125,000 | )
Available for withdrawal |  | $ | 75,000 |
Schedule of Highest and Lowest Outstanding Balance Under Credit Facility | The table below presents the highest and lowest outstanding balance under the repurchase facility during Fiscal 2024:
|  | Amount (thousands) |
High balance |  | $ | 195,000 |
Low balance |  | $ | 95,000 |
Unsecured Credit Facility |
Schedule of Borrowings and Repayments Under Credit Facility | The table below presents the borrowings and repayments under the credit facility during Fiscal 2024:
|  | Amount (thousands) |
Balance as of December 30, 2023 |  | $ | — |
Borrowings |  |  | 88,700 |
Payments |  |  | (86,500 | )
Balance as of December 28, 2024 |  | $ | 2,200 |
Schedule of Net Amount Available Under Credit Facility | The table below presents the net amount available under the credit facility as of December 28, 2024:
|  | Amount (thousands) |
Gross amount available |  | $ | 500,000 |
Outstanding |  |  | (2,200 | )
Letters of credit |  |  | (8,400 | )
Available for withdrawal |  | $ | 489,400 |
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 Fiscal 2024:
|  | Amount (thousands) |
High balance |  | $ | 30,000 |
Low balance |  | $ | — |
2031 Notes |
Schedule of debt discount, underwriting fees and the legal and other fees | The table below presents the debt discount, underwriting fees and other fees for issuing the 2031 notes (amounts in thousands):
Total fees for 2031 notes |  | Amount at Issuance |
Debt discount |  | $ | 2,430 |
Underwriting, legal, and other fees |  |  | 4,829 |
Total fees |  | $ | 7,259 |
2026 Notes |
Schedule of debt discount, underwriting fees and the legal and other fees | The table below presents the debt discount, underwriting fees and the legal and other fees for issuing the 2026 notes (amounts in thousands):
Total fees for 2026 notes |  | Amount at Issuance |
Debt discount |  | $ | 2,108 |
Underwriting, legal, and other fees |  |  | 3,634 |
Total fees |  | $ | 5,742 |

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