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Long Term Debt | 6 Months Ended
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Jun. 27, 2026
Debt Disclosure [Abstract] |
Long Term Debt | The following table summarizes the Company’s debt:
| June 27, 2026 |  | December 27, 2025
Revolving loans | $ | 46,000 |  |  | $ | 36,000 |
Senior Term Loan, due 2028 | 632,705 |  |  | 636,960 |
Finance lease & other obligations | 22,561 |  |  | 20,090 |
| 701,266 |  |  | 693,050 |
Unamortized discount on Senior Term Loan | (1,665) |  |  | (2,087) |
Current portion of long-term debt and finance leases | (15,252) |  |  | (14,830) |
Deferred financing fees | (6,237) |  |  | (7,796) |
Total long-term debt, net | $ | 678,112 |  |  | $ | 668,337 |
As of June 27, 2026, the Asset-Backed Loan ("ABL") Revolver had an outstanding balance of $46,000, and had outstanding letters of credit of $5,350. Certain portions of the ABL Revolver are separately available to the Company’s United States and Canadian subsidiaries. Canada has no outstanding borrowings and the United States has outstanding borrowings of $46,000. The Company has $295,494 of available borrowings under the revolving credit facility as a source of liquidity as of June 27, 2026 based on the customary ABL borrowing base and availability provisions. On January 14, 2025, the Company entered into a Repricing Amendment (2025 Repricing Amendment) on its existing Senior Term Loan due July 14, 2028. The 2025 Repricing Amendment (i) reduces the interest rate per annum applicable to the Term Loan outstanding from SOFR plus a margin varying from 2.25% to 2.50% to SOFR plus a margin of 2.00%, as well as a 1.00% margin for ABR Loans and (ii) implements a 1% prepayment premium for the existing Term Loan to apply to Repricing Transactions that occur within six months after the effective date of the 2025 Repricing Amendment. In connection with the closing of the 2025 Repricing Amendment, the Company expensed $906 of new fees in 2025.

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