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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 27, 2023
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Long-term debt consisted of the following:
| December 27, 2023 |  | December 28, 2022
| (In thousands)
Revolving loans | $ | 255,500 |  |  | $ | 261,500 |
Finance lease obligations | 10,533 |  |  | 11,238 |
Total long-term debt | 266,033 |  |  | 272,738 |
Less current maturities of finance lease obligations | 1,383 |  |  | 1,683 |
Noncurrent portion of long-term debt | $ | 264,650 |  |  | $ | 271,055 |
Schedule of Interest Rate Swaps | A summary of our interest rate swaps as of December 27, 2023 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 |  |  | $ | 3,162 |  |  | 2.34 | %
October 1, 2015 |  | March 29, 2018 |  | March 31, 2026 |  | $ | 50,000 |  |  | $ | 1,680 |  |  | 2.37 | %
February 15, 2018 |  | March 31, 2020 |  | December 31, 2033 |  | $ | 37,000 |  | (1) | $ | 4,046 |  |  | 3.09 | %
Total |  |  |  |  |  | $ | 207,000 |  |  | $ | 8,888 |  |  |
(1) The notional amount of the swaps entered into on February 15, 2018 increase periodically until they reach the maximum notional amount of $335 million on August 31, 2033.

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