Long-Term Debt (Tables)

3 Months Ended

Apr. 02, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

Long-term debt consisted of the following:

	April 2, 2023				January 1, 2023
	Outstanding Principal		Interest Rate(1)		Outstanding Principal		Interest Rate(1)
	(in thousands)				(in thousands)
Syndicated Credit Facility:
Revolving loan borrowings	$	9,360	5.18	%	$	24,250	5.29	%
Term loan borrowings	197,597		6.14	%	202,082		5.84	%
Total borrowings under Syndicated Credit Facility	206,957		6.10	%	226,332		5.78	%
5.50% Senior Notes due 2028	300,000		5.50	%	300,000		5.50	%
Total debt	506,957				526,332
Less: Unamortized debt issuance costs	(5,840)				(6,118)
Total debt, net	501,117				520,214
Less: Current portion of long-term debt	(10,216)				(10,211)
Total long-term debt, net	$	490,901			$	510,003

(1) Represents the stated rate of interest, without the effect of debt issuance costs.