Long-Term Debt (Tables)

9 Months Ended

Oct. 02, 2021

Debt Disclosure [Abstract]

Long Term Debt Summary

Long-term debt and the current period interest rates were as follows:

	(Dollars in thousands)
	October 2, 2021			December 31, 2020
Term loans	$	289,462		$	295,638
Revolving credit facility	10,000			25,000
Total debt	299,462			320,638
Less current portion	(7,000)			(7,000)
Total long-term debt, less current portion	292,462			313,638
Less debt issuance costs - term loans	(1,424)			(1,716)
Total long-term debt, net of debt issuance costs - term loans	$	291,038		$	311,922
Debt issuance costs - revolving credit facility (1)	$	1,231		$	1,515
Weighted-average interest rate	3.24		%	3.59		%

(1) Included as part of other assets.