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Debt (Tables) | 12 Months Ended
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Dec. 25, 2022
Debt Disclosure [Abstract] |
Schedule of long-term debt, net | Long-term debt, net consists of the following (in thousands):
|  | December 25, 2022 |  | December 26, 2021
Senior notes |  | $ | 400,000 |  |  | $ | 400,000 |
Revolving facilities |  | 205,000 |  |  | 90,000 |
Outstanding debt |  | 605,000 |  |  | 490,000 |
Unamortized debt issuance costs |  | (7,931) |  |  | (9,270) |
Total long-term debt, net |  | $ | 597,069 |  |  | $ | 480,730 |
Schedule of notional value of derivatives | As of December 25, 2022, we have the following interest rate swap agreements with a total notional value of $125.0 million:
Effective Dates |  | Floating Rate Debt |  | Fixed Rates
April 30, 2018 through April 30, 2023 |  | $ | 55 | million |  | 2.33 | %
April 30, 2018 through April 30, 2023 |  | $ | 35 | million |  | 2.36 | %
April 30, 2018 through April 30, 2023 |  | $ | 35 | million |  | 2.34 | %
Schedule of location and amounts of derivatives in the Financial statements | The following table provides information on the location and amounts of our swaps in the accompanying Consolidated Financial Statements (in thousands):
|  | Interest Rate Swap Derivatives
Balance Sheet Location |  | Fair Value December 25, 2022 |  | Fair Value December 26, 2021
Other current and long-term assets |  | $ | 986 |  |  | $ | — |
Other current and long-term liabilities |  | $ | — |  |  | $ | 5,536 |
Schedule of effect of derivative instruments financial statements | The effect of derivative instruments on the accompanying Consolidated Financial Statements is as follows (in thousands):
Derivatives - Cash Flow Hedging Relationships |  | Amount of Gain or (Loss) Recognized in AOCL on Derivative |  | Location of (Loss) or Gain Reclassified from AOCL into Income |  | Amount of (Loss) or Gain Reclassified from AOCL into Income |  | Total Interest Expense on Consolidated Statements of Operations
Interest rate swaps:
2022 |  | $ | 3,663 |  |  | Interest expense |  | $ | (2,384) |  |  | $ | (26,653) |
2021 |  | $ | 5,273 |  |  | Interest expense |  | $ | (5,965) |  |  | $ | (19,205) |
2020 |  | $ | (5,788) |  |  | Interest expense |  | $ | (5,068) |  |  | $ | (17,022) |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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