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Debt and Finance Leases (Tables)

3 Months Ended

Mar. 30, 2024

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Debt and finance leases included the following:

			March 30, 2024						December 31, 2023
ABL Credit Facility due December 2025: $131 million net availability, bearing interest of 7.42% (5.42% adjusted SOFR plus 2.00% margin) at March 30, 2024			$	—					$	—
Term Loan due July 2027: bearing interest of 13.30% (5.30% three-month Term SOFR plus 8.00% margin) at March 30, 2024			248,750						250,000
7.625% Senior Secured Notes due January 2026			464,640						464,640
5.50% CAD-based term loan due April 2028			28,074						30,479
Other loans(a)			51,783						44,754
Short-term factoring facility			3,493						5,292
Finance lease obligations			1,250						1,355
Total principal payments due			797,990						796,520
Less: unamortized premium, discount and issuance costs			(19,308)						(19,063)
Total debt			778,682						777,457
Less: debt due within one year			(23,056)						(25,283)
Long-term debt			$	755,626					$	752,174

(a)Consist of loans for energy projects and other loans intended for use in biomaterials projects in France.

Schedule of Maturities of Long-term Debt

As of March 30, 2024, the Company’s debt principal payments, excluding finance lease obligations, were due as follows:

Remainder of 2024			$	18,713
2025			19,003
2026			483,691
2027			245,664
2028			9,967
Thereafter			19,702
Total debt principal payments			$	796,740

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