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Borrowings (Tables)
12 Months Ended
Dec. 25, 2022
Debt Disclosure [Abstract]  
Schedule of borrowings
Borrowings as of December 25, 2022 and December 26, 2021 are summarized below:
December 25, 2022December 26, 2021
(Dollars in thousands)BorrowingsWeighted
Average
Interest Rate
BorrowingsWeighted
Average
Interest Rate
Revolving line of credit$15,000 $57,000 
Term loan199,000 9.10 %119,080 7.10 %
Notes payable875 875 
Total borrowings214,875 176,955 
Less: unamortized debt issuance costs and discounts(1)
8,345 — 
Less: current portion of long-term debt3,375 9,692 
Long-term debt$203,155 $167,263 
Revolving line of credit unamortized deferred financing charges(1):
$988 $2,015 
(1)     Loan origination costs associated with the Company's Credit Facility are included as deferred costs in Other assets, net for financing charges allocated to the Revolving line of credit, and Long-term debt for financing charges associated with the term loan in the accompanying Consolidated Balance Sheets.
Schedule of maturities of long-term debt
Maturities of long-term debt as of December 25, 2022 are as follows (in thousands):
2023(1)
$2,500 
20242,000 
20252,000 
20262,000 
2027205,500 
Thereafter— 
$214,000 
(1)     A typical fiscal year includes four principal payments of $0.5 million for a total of $2.0 million associated with the term loan; however, as fiscal year 2023, comprises 53 weeks instead of 52 weeks, there will be one additional principal payment in 2023 compared to fiscal year 2022. See Note 1. Description of Business and Summary of Significant Accounting Policies for details on our fiscal calendar.