XML 64 R77.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
LONG-TERM DEBT (Details) - USD ($)
12 Months Ended
Dec. 28, 2019
Jun. 29, 2019
Dec. 29, 2018
Jun. 19, 2018
Long-term debt:        
Debt issuance costs $ (7,786,000)   $ (8,068,000)  
Total long-term debt 765,704,000   742,601,000  
Less current installments of long-term debt 760,000   779,000  
Long-term debt, excluding current installments $ 764,944,000   $ 741,822,000  
Effective interest rate 2.73%   3.27%  
Minimum aggregate maturities of long-term debt        
2020 $ 760,000      
2021 761,000      
2022 568,000      
2023 0      
2024 $ 0      
Senior Unsecured Notes 5.00% Due 2044        
Long-term debt:        
Interest rate on notes 5.00%      
Redemption price of notes, stated as a percentage of principal amount 100.00%      
Senior Unsecured Notes 5.25% Due 2054        
Long-term debt:        
Aggregate amount $ 305,000,000      
Debt Instrument, Unamortized Discount $ 7,468,000      
Interest rate on notes 5.25%      
Redemption price of notes, stated as a percentage of principal amount 100.00%      
Unamortized discount on 5.00% and 5.25% senior unsecured notes        
Long-term debt:        
Unamortized premium on senior unsecured notes $ (21,143,000)   $ (21,468,000)  
Revolving credit agreement        
Long-term debt:        
Total long-term debt 29,044,000   5,719,000  
Outstanding line of credit 14,608,000      
Unused and available borrowings $ 556,569,000      
Revolving credit agreement | Minimum        
Long-term debt:        
Basis points added to variable rate 0.00%      
Revolving credit agreement | Maximum        
Long-term debt:        
Basis points added to variable rate 0.625%      
Revolving credit agreement | LIBOR        
Long-term debt:        
Variable interest rate basis LIBOR (based on a 1, 2, 3 or 6 month interest period, as selected by the Company)      
Basis points added to variable rate 1.00%      
Variable interest rate, base period 1 month      
Revolving credit agreement | LIBOR | Minimum        
Long-term debt:        
Basis points added to variable rate 1.00%      
Revolving credit agreement | LIBOR | Maximum        
Long-term debt:        
Basis points added to variable rate 1.65%      
Revolving credit agreement | Prime lending rate        
Long-term debt:        
Variable interest rate basis prime lending rate      
Revolving credit agreement | Federal Funds rate        
Long-term debt:        
Variable interest rate basis Federal Funds rate      
Basis points added to variable rate 0.50%      
IDR Bonds        
Long-term debt:        
Total long-term debt $ 8,500,000   8,500,000  
Other notes        
Long-term debt:        
Total long-term debt 2,089,000   2,918,000  
Short Term Bank Lines Of Credit        
Long-term debt:        
Balance 132,849,000      
Unused and available borrowings 111,075,000      
Senior Unsecured Notes 5.00% Due 2044        
Long-term debt:        
Interest rate on notes   5.00%    
Senior Unsecured Notes 5.00% Due 2044 | Senior Notes        
Long-term debt:        
Aggregate amount 450,000,000   $ 450,000,000 $ 200,000,000
Debt Instrument, Unamortized Discount 13,675,000      
Interest rate on notes     5.00%  
Senior Unsecured Notes 5.25% Due 2054 | Senior Notes        
Long-term debt:        
Aggregate amount 305,000,000   $ 305,000,000 $ 55,000,000
Interest rate on notes     5.25%  
Revolving Credit Facility        
Long-term debt:        
Total line of credit facility for short-term borrowings 600,000      
Unused and available borrowings 400,000      
Additional borrowing capacity 200,000      
Revolving Credit Facility | Revolving credit agreement        
Long-term debt:        
Outstanding line of credit $ 29,044,000