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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 29, 2021
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Long-term debt consisted of the following:
| December 29, 2021 |  | December 30, 2020
| (In thousands)
Revolving loans | $ | 170,000 |  |  | $ | 210,000 |
Finance lease obligations | 12,696 |  |  | 15,369 |
Total long-term debt | 182,696 |  |  | 225,369 |
Less current maturities | 1,952 |  |  | 1,839 |
Noncurrent portion of long-term debt | $ | 180,744 |  |  | $ | 223,530 |
Schedule of Interest Rate Swaps | A summary of our interest rate swaps as of December 29, 2021 is as follows:
Trade Date |  | Effective Date |  | Maturity Date |  | Notional Amount |  | Fair Value |  | Fixed Rate
|  |  |  |  |  | (In thousands) |  |
Swaps designated as cash flow hedges |  |  |  |  |  |  |  |  |  |
March 20, 2015 |  | March 29, 2018 |  | March 31, 2025 |  | $ | 120,000 |  |  | $ | 5,074 |  |  | 2.44 | %
October 1, 2015 |  | March 29, 2018 |  | March 31, 2026 |  | $ | 50,000 |  |  | $ | 2,558 |  |  | 2.46 | %
Dedesignated swaps |  |  |  |  |  |  |  |  |  |
February 15, 2018 |  | March 31, 2020 |  | December 31, 2033 |  | $ | 120,000 |  | (1) | $ | 44,489 |  |  | 3.19 | %
Total |  |  |  |  |  | $ | 290,000 |  |  | $ | 52,121 |  |  |
(1) The notional amount of the swaps entered into on February 15, 2018 increase periodically until they reach the maximum notional amount of $425.0 million on September 28, 2029.

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