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Long-term Debt, Net (Tables) | 12 Months Ended
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Dec. 27, 2015
Debt instrument [Line Items] |
Schedule of long-term debt, net | Following is a summary of outstanding long-term debt:
| DECEMBER 27, 2015 |  | DECEMBER 28, 2014
(dollars in thousands) | OUTSTANDING BALANCE |  | INTEREST RATE |  | OUTSTANDING BALANCE |  | INTEREST RATE
Senior Secured Credit Facility: |  |  |  |  |  |  |
Term loan A (1) | $ | 277,500 |  |  | 2.26 | % |  | $ | 296,250 |  |  | 2.16 | %
Term loan A-1 | 150,000 |  |  | 2.34 | % |  | — |  |  | — | %
Term loan B | — |  |  | — | % |  | 225,000 |  |  | 3.50 | %
Revolving credit facility (1) (2) | 432,000 |  |  | 2.29 | % |  | 325,000 |  |  | 2.16 | %
Total Senior Secured Credit Facility | 859,500 |  |  |  |  | 846,250 |  |  |
2012 CMBS loan: |  |  |  |  |  |  |
First mortgage loan (1) | 289,588 |  |  | 4.13 | % |  | 299,765 |  |  | 4.08 | %
First mezzanine loan | 84,028 |  |  | 9.00 | % |  | 85,127 |  |  | 9.00 | %
Second mezzanine loan | 85,353 |  |  | 11.25 | % |  | 86,067 |  |  | 11.25 | %
Total 2012 CMBS loan | 458,969 |  |  |  |  | 470,959 |  |  |
Capital lease obligations | 2,632 |  |  |  |  | 634 |  |  |
Other long-term debt | 2,292 |  |  | 0.73% to 7.60% |  |  | 4,073 |  |  | 0.52% to 7.00% |
Less: unamortized debt discount | (3,061 | ) |  |  |  | (6,073 | ) |  |
Less: unamortized debt issuance costs | (3,468 | ) |  |  |  | (6,046 | ) |  |
Total debt, net | 1,316,864 |  |  |  |  | 1,309,797 |  |  |
Less: current portion of long-term debt, net | (31,853 | ) |  |  |  | (24,138 | ) |  |
Long-term debt, net | $ | 1,285,011 |  |  |  |  | $ | 1,285,659 |  |  |
________________
(1) | Represents the weighted-average interest rate for the respective period.
(2) | Subsequent to December 27, 2015, the Company made payments of $70.0 million on its revolving credit facility. On February 11, 2016, the Company drew $185.0 million. The drawdowns, together with the proceeds from the PRP Mortgage Loan, were used to prepay a portion, and fully defease the remainder, of the 2012 CMBS loan. See Note 22 - Subsequent Events for additional details regarding the PRP Mortgage Loan.
Schedule of interest rate options, senior secured credit facility | The interest rates are as follows:
| BASE RATE ELECTION |  | EUROCURRENCY RATE ELECTION
Term loan A, Term loan A-1 and revolving credit facility | 75 to 125 basis points over Base Rate |  | 175 to 225 basis points over the Eurocurrency Rate
Schedule of extinguishment and modification of debt | Following is a summary of loss on extinguishment and modification of debt recorded in the Company’s Consolidated Statements of Operations and Comprehensive Income:
| FISCAL YEAR
(dollars in thousands) | 2015 (1) |  | 2014 (2) |  | 2013 (3)
Refinancing of Senior Secured Credit Facility | $ | 2,956 |  |  | $ | 11,092 |  |  | $ | — |
Repricing of Term loan B | — |  |  | — |  |  | 14,586 |
Loss on extinguishment and modification of debt | $ | 2,956 |  |  | $ | 11,092 |  |  | $ | 14,586 |
________________
(1) | The loss was comprised of write-offs of $1.4 million of deferred financing fees, $1.2 million of unamortized debt discount and third-party financing costs of $0.3 million.
(2) | The loss was comprised of write-offs of $5.5 million of deferred financing fees and $4.9 million of unamortized debt discount and a prepayment penalty of $0.7 million.
(3) | The loss was comprised of a prepayment penalty of $9.8 million, third-party financing costs of $2.4 million and the write-down of $1.2 million each of deferred financing fees and unamortized debt discount.
Schedule of deferred financing costs | Following is a summary of the Company’s deferred financing costs recorded during the periods indicated and their classification on the Consolidated Balance Sheets:
| FISCAL YEAR 2015 |  | FISCAL YEAR 2014 |  | CONSOLIDATED BALANCE SHEET CLASSIFICATION
(dollars in thousands) | FIFTH AMENDMENT |  | FOURTH AMENDMENT |  | THIRD AMENDMENT |
Revolving credit facility | $ | — |  |  | $ | 1,260 |  |  | $ | 2,507 |  |  | Other assets, net
Term loan A | — |  |  | — |  |  | 1,253 |  |  | Long-term debt, net
Term loan A-1 | 750 |  |  | — |  |  | — |  |  | Long-term debt, net
| $ | 750 |  |  | $ | 1,260 |  |  | $ | 3,760 |  |  |
Schedule of maturities of long-term debt | Following is a summary of principal payments of the Company’s total consolidated debt outstanding as of December 27, 2015:
(dollars in thousands) | DECEMBER 27, 2015
Year 1 | $ | 31,853 |
Year 2 | 479,176 |
Year 3 | 36,985 |
Year 4 | 766,507 |
Year 5 | 439 |
Thereafter | 1,904 |
Total (1) | $ | 1,316,864 |
________________
(1) | See Note 22 - Subsequent Events for additional details regarding the payment schedule for the PRP Mortgage Loan.
Term Loan A and Term Loan A-1 Facilities [Member] |
Debt instrument [Line Items] |
Schedule of required amortization payments for term loans A and A-1 | The following is a summary of required amortization payments for Term loan A and Term loan A-1 (dollars in thousands):
SCHEDULED QUARTERLY PAYMENT DATES |  | TERM LOAN A |  | TERM LOAN A-1
March 31, 2016 through June 30, 2016 |  | $ | 3,750 |  |  | $ | 1,875 |
September 30, 2016 through June 30, 2018 |  | $ | 5,625 |  |  | $ | 2,813 |
September 30, 2018 through March 31, 2019 |  | $ | 7,500 |  |  | $ | 3,750 |

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