Debt Disclosure [Abstract] | Period [Axis] |
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2016-01-02 - 2016-12-30 |
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Debt Disclosure [Abstract] | |
Schedule of Debt | Long-term debt is comprised of the following (in thousands): | | | | | | | | | | December 30, 2016 | | January 1, 2016 | Senior secured term loan A | $ | 356,250 |
| | $ | 375,000 |
| Senior secured term loan B | 1,014,750 |
| | 1,025,000 |
| 9.125% senior notes due 2023 | 360,000 |
| | 360,000 |
| Revolving line of credit | 40,000 |
| | — |
| Less unamortized discount on term loan B and debt issuance costs | (40,837 | ) | | (45,947 | ) | Total debt | 1,730,163 |
| | 1,714,053 |
| Less current portion of long-term debt | 31,344 |
| | 29,000 |
| Total long-term debt | $ | 1,698,819 |
| | $ | 1,685,053 |
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Schedule of Maturities of Long-term Debt | Contractual maturities of the Company’s debt facilities for the next five years and thereafter, excluding any discounts or premiums, as of December 30, 2016 are as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | 2017 | | 2018 | | 2019 | | 2020 | | 2021 | | After 2021 | Future minimum principal payments | $ | 31,344 |
| | 40,719 |
| | 47,750 |
| | 87,750 |
| | 239,937 |
| | 1,323,500 |
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Schedule of Deferred Financing Costs | The change in deferred debt issuance costs related to the Company’s Revolving Credit Facility is as follows (in thousands): | | | | | January 2, 2015 | $ | 2,200 |
| Financing costs deferred | 4,152 |
| Write-off during the period | (907 | ) | Amortization during the period | (654 | ) | January 1, 2016 | 4,791 |
| Amortization during the period | (991 | ) | December 30, 2016 | $ | 3,800 |
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The change in unamortized discount and debt issuance costs related to the Term Loan Facilities and Senior Notes is as follows (in thousands): | | | | | | | | | | | | | | Debt Issuance Costs | | Unamortized Discount on TLB Facility | | Total | January 2, 2015 | $ | 887 |
| | $ | — |
| | $ | 887 |
| Financing costs incurred | 41,781 |
| | 10,250 |
| | 52,031 |
| Write-off during the period | (732 | ) | | — |
| | (732 | ) | Amortization during the period | (6,028 | ) | | (211 | ) | | (6,239 | ) | January 1, 2016 | 35,908 |
| | 10,039 |
| | 45,947 |
| Financing costs incurred | 1,177 |
| | — |
| | 1,177 |
| Amortization during the period | (4,989 | ) | | (1,298 | ) | | (6,287 | ) | December 30, 2016 | $ | 32,096 |
| | $ | 8,741 |
| | $ | 40,837 |
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Schedule of Interest Rate Derivatives | Information regarding the Company’s outstanding interest rate swaps designated as cash flow hedges as of December 30, 2016 is as follows (dollars in thousands): | | | | | | | | | | | | | | | | | | | | Notional Amount | | Start Date | | End Date | | Pay Fixed Rate | | Receive Current Floating Rate | | Fair Value | | Balance Sheet Location | $ | 250,000 |
| | Jul-16 | | Jun-17 | | 0.615 | % | | 0.7561 | % | | $ | 267 |
| | Prepaid Expenses and Other Current Assets | $ | 200,000 |
| | Jun-17 | | Jun-20 | | 1.1325 | % | | N/A | | $ | 3,215 |
| | Other Assets |
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