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Debt (Tables)
3 Months Ended
Apr. 01, 2014
Long-term Debt, Unclassified [Abstract]  
Details of Debt
The Company’s debt consisted of the following (in thousands):
 
 
April 1,
2014
 
December 31,
2013
Term Loan
$
367,500

 
$
368,125

Senior Notes
190,000

 
190,000

Revolving Facility ($110 million) (1)
—

 
7,000

 
557,500

 
565,125

Less current portion
3,750

 
3,438

 
$
553,750

 
$
561,687

 
(1) 
The Company had $91.7 million of borrowing capacity available under its Revolving Facility, net of $18.3 million of outstanding letters of credit at April 1, 2014. At December 31, 2013, the Company had $84.7 million of borrowing capacity available under its Revolving Facility, net of $18.3 million of outstanding letters of credit and borrowings of $7.0 million.