SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 30, 2023

Debt Disclosure [Abstract]

Components of Long-term Debt

The following table presents the components of "long-term debt" as recorded in the Company's balance sheets:

(In thousands)	December 2023		December 2022
Revolving Credit Facility	$	—	$	—
Term Loan A	388,481		397,954
4.125% Notes, due 2029	395,440		394,665
Total long-term debt	783,921		792,619
Less: current portion	(20,000)		(10,000)
Long-term debt, due beyond one year	$	763,921	$	782,619

Schedule of Payments of Long-Term Debt

The following table presents scheduled payments of long-term debt as of December 2023 for the next five years and thereafter:

(In thousands)	Future Principal Payments
2024	$	20,000
2025	20,000
2026	350,000
2027	—
2028	—
Thereafter	400,000
	790,000
Less: unamortized deferred financing costs	(6,079)
Total long-term debt	783,921
Less: current portion	(20,000)
Long-term debt, due beyond one year	$	763,921