Long-Term Debt (Tables)

9 Months Ended

Oct. 01, 2022

Debt Disclosure [Abstract]

Schedule of Long Term Debt

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

	(Dollars in thousands)
	October 1, 2022			December 31, 2021
Term loans	$	250,000		$	287,712
Total debt	250,000			287,712
Less current portion	(6,250)			(7,000)
Total long-term debt, less current portion	243,750			280,712
Less debt issuance costs - term loans	(1,689)			(1,328)
Total long-term debt, net of debt issuance costs - term loans	$	242,061		$	279,384
Debt issuance costs - revolving credit facility (1)	$	2,391		$	1,136
Weighted-average interest rate	3.91		%	3.27		%

(1) Included as part of other assets.