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Debt Obligations (Tables) | 9 Months Ended
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Sep. 27, 2024
Debt Disclosure [Abstract] |
Schedule of debt obligations | Debt obligations as of September 27, 2024 and December 29, 2023 consisted of the following:
| Weighted Average Effective Interest Rate at September 27, 2024 |  | Maturity |  | September 27, 2024 |  | December 29, 2023
Senior secured term loans | 9.59 | % |  | August 2029 |  | $ | 262,750 |  |  | $ | 276,250 |
2028 Convertible senior notes | 2.77 | % |  | December 2028 |  | 287,500 |  |  | 287,500 |
2024 Convertible senior notes | 2.34 | % |  | December 2024 |  | 39,684 |  |  | 39,684 |
Asset-based loan facility | 7.40 | % |  | March 2027 |  | 100,000 |  |  | 100,000 |
Finance leases and other financing obligations | 6.54 | % |  | Various |  | 55,651 |  |  | 31,892 |
Unamortized deferred costs and premium |  |  |  |  | (14,311) |  |  | (17,339) |
Total debt obligations |  |  |  |  | 731,274 |  |  | 717,987 |
Less: current installments |  |  |  |  | (64,716) |  |  | (53,185) |
Total long-term debt |  |  |  |  | $ | 666,558 |  |  | $ | 664,802 |
Schedule of convertible senior notes | The net carrying value of the Company’s convertible senior notes as of September 27, 2024 and December 29, 2023 was:
|  | September 27, 2024 |  | December 29, 2023
|  | Principal Amount |  | Unamortized Deferred Costs and Premium |  | Net Amount |  | Principal Amount |  | Unamortized Deferred Costs and Premium |  | Net Amount
2028 Notes |  | $ | 287,500 |  |  | $ | (4,870) |  |  | $ | 282,630 |  |  | $ | 287,500 |  |  | $ | (5,730) |  |  | $ | 281,770 |
2024 Notes |  | 39,684 |  |  | (46) |  |  | 39,638 |  |  | 39,684 |  |  | (185) |  |  | 39,499 |
Total |  | $ | 327,184 |  |  | $ | (4,916) |  |  | $ | 322,268 |  |  | $ | 327,184 |  |  | $ | (5,915) |  |  | $ | 321,269 |
Schedule of components of interest expense | The components of interest expense on the Company’s convertible notes were as follows:
| Thirteen Weeks Ended |  | Thirty-Nine Weeks Ended
| September 27, 2024 |  | September 29, 2023 |  | September 27, 2024 |  | September 29, 2023
Coupon interest | $ | 1,893 |  |  | $ | 1,893 |  |  | $ | 5,679 |  |  | $ | 5,685 |
Amortization of deferred costs and premium | 333 |  |  | 333 |  |  | 999 |  |  | 1,001 |
Total interest | $ | 2,226 |  |  | $ | 2,226 |  |  | $ | 6,678 |  |  | $ | 6,686 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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