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Debt (Tables)
 9 Months Ended
Sep. 26, 2020
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt as of September 26, 2020 and December 31, 2019 consists of the following:
(In thousands)September 26, 2020December 31, 2019
Senior unsecured notes due 2028$400,000 $— 
Senior secured term loan facility due 2025145,000 396,000 
Senior unsecured notes due 2026550,000 550,000 
1,095,000 946,000 
Unamortized discount and debt issuance costs9,620 9,516 
Total long-term debt1,085,380 936,484 
Less current maturities of long-term debt— 4,000 
Long-term debt less current maturities$1,085,380 $932,484 
Schedule of Maturities of Long-term Debt
Annual maturities of long-term debt, excluding unamortized discount and issuance costs, due as of September 26, 2020 are as follows:
(In thousands)20202021202220232024ThereafterTotal
Contractual debt obligation maturities*$— — — — — 1,095,000 $1,095,000 
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 %