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Debt Obligations (Tables) | 12 Months Ended
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Dec. 27, 2024
Debt Disclosure [Abstract] |
Schedule of debt obligations | Debt obligations as of December 27, 2024 and December 29, 2023 consisted of the following:
| Weighted Average Effective Interest Rate at December 27, 2024 |  | Maturity |  | December 27, 2024 |  | December 29, 2023
Senior secured term loans | 8.60 | % |  | August 2029 |  | $ | 260,000 |  |  | $ | 276,250 |
2028 Convertible senior notes | 2.77 | % |  | December 2028 |  | 287,500 |  |  | 287,500 |
2024 Convertible senior notes | — | % |  | December 2024 |  | — |  |  | 39,684 |
Asset-based loan facility | 6.37 | % |  | March 2027 |  | 120,000 |  |  | 100,000 |
Finance leases and other financing obligations | 6.42 | % |  | Various |  | 52,673 |  |  | 31,892 |
Unamortized deferred costs and premium |  |  |  |  | (13,389) |  |  | (17,339) |
Total debt obligations |  |  |  |  | 706,784 |  |  | 717,987 |
Less: current installments |  |  |  |  | (18,040) |  |  | (53,185) |
Total long-term debt |  |  |  |  | $ | 688,744 |  |  | $ | 664,802 |
Schedule of maturities of the company's debt | Maturities of the Company’s debt, excluding finance leases, for each of the next five years and thereafter at December 27, 2024 are as follows:
2025 | $ | 8,000 |
2026 | 3,000 |
2027 | 123,000 |
2028 | 290,500 |
2029 | 248,000 |
Thereafter | — |
Total | $ | 672,500 |
Schedule of convertible senior notes | The net carry value of the Company’s convertible senior notes as of December 27, 2024 and December 29, 2023 was:
|  | December 27, 2024 |  | December 29, 2023
|  | Principal Amount |  | Unamortized Deferred Costs and Premium |  | Net Amount |  | Principal Amount |  | Unamortized Deferred Costs and Premium |  | Net Amount
2028 Convertible Notes |  | $ | 287,500 |  |  | $ | (4,584) |  |  | $ | 282,916 |  |  | $ | 287,500 |  |  | $ | (5,730) |  |  | $ | 281,770 |
2024 Convertible Notes |  | — |  |  | — |  |  | — |  |  | 39,684 |  |  | (185) |  |  | 39,499 |
Total |  | $ | 287,500 |  |  | $ | (4,584) |  |  | $ | 282,916 |  |  | $ | 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:
|  |  | Fiscal Years Ended
|  |  |  |  | December 27, 2024 |  | December 29, 2023 |  | December 30, 2022
Coupon interest |  |  |  |  | $ | 7,572 |  |  | $ | 7,578 |  |  | $ | 4,272 |
Amortization of deferred costs and premium |  |  |  |  | 1,332 |  |  | 1,334 |  |  | 932 |
Loss on extinguishment of debt |  |  |  |  | — |  |  | — |  |  | 14,145 |
Total interest |  |  |  |  | $ | 8,904 |  |  | $ | 8,912 |  |  | $ | 19,349 |

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- Definition Tabular disclosure of contractual obligation by timing of payment due. Includes, but is not limited to, long-term debt obligation, lease obligation, and purchase obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 04 -Subparagraph (a) -Publisher SEC Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 + Details
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