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Debt (Tables)
 6 Months Ended
Jun. 27, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt as of June 27, 2020 and December 31, 2019 consists of the following:
(In thousands)June 27, 2020December 31, 2019
Senior unsecured notes due 2028$400,000  $—  
Senior secured term loan facility due 2025245,000  396,000  
Senior unsecured notes due 2026550,000  550,000  
1,195,000  946,000  
Unamortized discount and debt issuance costs11,008  9,516  
Total long-term debt1,183,992  936,484  
Less current maturities of long-term debt—  4,000  
Long-term debt less current maturities$1,183,992  $932,484  
Schedule of Maturities of Long-term Debt
Annual maturities of long-term debt, excluding unamortized discount and issuance costs, due as of June 27, 2020 are as follows:
(In thousands)20202021202220232024ThereafterTotal
Contractual debt obligation maturities*$—  —  —  —  —  1,195,000  $1,195,000  
Debt Instrument Redemption
On or after April 15, 2023, the Company may on any one or more occasions redeem all or a part of the 2028 Notes, at its option, at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, on the 2028 Notes redeemed, to, but not including, the applicable date of redemption, if redeemed during the 12-month period beginning on April 15 of the years indicated below:
YearPercentage
2023102.188 %
2024101.094 %
2025 and thereafter100.000 %