Long-Term Debt: (Tables) - Hman Group holdings Inc and subsidiaries

3 Months Ended

12 Months Ended

Mar. 27, 2021

Dec. 26, 2020


	March 27, 2021		December 26, 2020
Revolving loans	$	120,000	$	72,000
Senior term loan, due 2025		1,034,392		1,037,044
6.375% Senior Notes, due 2022		330,000		330,000
11.6% Junior Subordinated Debentures – Preferred		105,443		105,443
Junior Subordinated Debentures – Common		3,261		3,261
Capital & finance leases		1,838		2,044
		1,594,934		1,549,792
Unamortized premium on 11.6% Junior Subordinated Debentures		14,187		14,591
Unamortized discount on Senior term loan		(6,157)		(6,532)
Current portion of long term debt, capital leases and finance leases		(11,442)		(11,481)
Deferred financing fees		(10,064)		(10,862)
Total long term debt, net	$	1,581,458	$	1,535,508


	December 26,		December 28,
	2020		2019
Revolving loans	$	72,000	$	113,000
Senior Term Loan, due 2025		1,037,044		1,047,653
6.375% Senior Notes, due 2022		330,000		330,000
11.6% Junior Subordinated Debentures – Preferred		105,443		105,443
Junior Subordinated Debentures – Common		3,261		3,261
Finance leases & other obligations		2,044		2,275
		1,549,792		1,601,632
Unamortized premium on 11.6% Junior Subordinated Debentures		14,591		16,110
Unamortized discount on Senior Term Loan		(6,532)		(8,040)
Current portion of long term debt and capital leases		(11,481)		(11,358)
Deferred financing fees		(10,862)		(14,055)
Total long term debt, net	$	1,535,508	$	1,584,289

Summarized financial information of the Trust


December 26, 2020	Amount
Non-current assets – junior subordinated debentures – preferred	$	120,034
Non-current assets – junior subordinated debentures – common		3,261
Total assets	$	123,295
Non-current liabilities – trust preferred securities	$	120,034
Stockholder’s equity – trust common securities		3,261
Total liabilities and stockholders’ equity	$	123,295

Summary of aggregate minimum principal maturities of the long-term debt obligations


Year	Amount
2021	$	10,609
2022		340,609
2023		10,609
2024		82,609
2025		994,606
Thereafter		108,706
	$	1,547,748

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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