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Fair Value Measurements (Tables)

3 Months Ended

Mar. 29, 2025

Fair Value Measurements

Summary of carrying values and fair values of our revolving credit loans, term loans and senior notes

The carrying values and fair values of our revolving credit loans, term loans, senior notes and senior secured notes as of March 29, 2025 and December 28, 2024 were as follows (in thousands):

​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	March 29, 2025				​	​	December 28, 2024
​		Carrying Value			Fair Value			Carrying Value			Fair Value
Revolving credit loans	​	$	230,000	​	$	230,000	(1)	$	245,000	​	$	245,000	(1)
Tranche B term loans due 2029	​	​	444,633	(2)	​	435,740	(3)	​	445,568	(2)	​	445,568	(3)
5.25% senior notes due 2027	​	​	550,000	​	​	515,625	(3)	​	550,000	​	​	522,500	(3)
8.00% senior secured notes due 2028	​	$	798,342	(4)	$	802,334	(3)	$	798,283	(4)	$	818,240	(3)

(1) Fair values are estimated based on Level 2 inputs, which were quoted prices for identical or similar instruments in markets that are not active.

(2) The carrying value of the tranche B term loans includes a discount. At March 29, 2025 and December 28, 2024, the face amount of the tranche B term loans was $448.9 million and $450.0 million, respectively.

(3) Fair values are estimated based on quoted market prices.

(4) The carrying value of the 8.00% senior secured notes due 2028 includes a discount. At March 29, 2025 and December 28, 2024, the face amount of the 8.00% senior secured notes due 2028 was $799.3 million.

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- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

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- References

No definition available.

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