El Pollo Loco 2015 Annual Report Download - page 65

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Table of Contents
Contractual Obligations
The following table represents our contractual commitments (which include expected interest expense, calculated based on current interest rates)
to make future payments pursuant to our debt and other obligations disclosed above and pursuant to our restaurant operating leases outstanding
as of December 31, 2014:
Off-Balance Sheet and Other Arrangements
At December 31, 2014, December 25, 2013, and December 26, 2012, we had $7.6 million, $7.7 million, and $7.0 million, respectively, of
borrowing capacity on the 2014 Revolver and EPL’
s former revolving credit facilities pledged as collateral to secure outstanding letters of credit.
61
Payments Due by Period
(Amounts in thousands)
Total
2015
2016
-
2017
2018
-
2019
2020 and
thereafter
Operating leases
212,133
$
19,917
$
39,820
$
34,601
117,795
Capital leases
1,199
320
458
267
154
Long
-
term debt
183,015
3,769
7,123
172,123
—
Income tax receivable agreement
43,316
4,170
29,110
10,036
—
Purchasing commitments
—
beverage
18,525
5,818
12,707
—
—
Purchasing commitments
—
chicken
704
704
—
—
—
Total
458,892
$
34,698
$
89,218
$
217,027
117,949