Debt (Tables)

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Summary of Debt

Following is a summary of the Company’s debt:

(in thousands)	Maturity	Interest Rate	Interest Paid	Public / Non-public	December 31, 2017			January 1, 2017
Revolving credit facility	2019	Variable	Varies	Non-public	$	207,000		$	152,000
Term Loan	2021	Variable	Varies	Non-public		300,000			300,000
Senior Notes	2023	3.28%	Semi-annually	Non-public		125,000			-
Senior Notes	2019	7.00%	Semi-annually	Public		110,000			110,000
Senior Notes	2025	3.80%	Semi-annually	Public		350,000			350,000
Unamortized discount on Senior Notes(1)	2019					(332	)		(570	)
Unamortized discount on Senior Notes(1)	2025					(70	)		(78	)
Debt issuance costs						(3,580	)		(4,098	)
Total debt						1,088,018			907,254
Less:  Current portion of debt						-			-
Long-term debt					$	1,088,018		$	907,254

⁽¹⁾ The Senior Notes due 2019 were issued at 98.238% of par and the Senior Notes due 2025 were issued at 99.975% of par.

Principal Maturities of Debt Outstanding

The principal maturities of debt outstanding on December 31, 2017 were as follows:

(in thousands)	Debt Maturities
2018	$	15,000
2019		347,000
2020		37,500
2021		217,500
2022		-
Thereafter		475,000
Total debt	$	1,092,000