Long-Term Debt (Tables)

9 Months Ended

Oct. 01, 2023

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

Long-term debt consisted of the following:

	October 1, 2023				January 1, 2023
	Outstanding Principal		Interest Rate(1)		Outstanding Principal		Interest Rate(1)
	(in thousands)				(in thousands)
Syndicated Credit Facility:
Revolving loan borrowings	$	5,895	7.33	%	$	24,250	5.29	%
Term loan borrowings	143,361		6.63	%	202,082		5.84	%
Total borrowings under Syndicated Credit Facility	149,256		6.66	%	226,332		5.78	%
5.50% Senior Notes due 2028	300,000		5.50	%	300,000		5.50	%
Total debt	449,256				526,332
Less: Unamortized debt issuance costs	(4,865)				(6,118)
Total debt, net	444,391				520,214
Less: Current portion of long-term debt	(8,492)				(10,211)
Total long-term debt, net	$	435,899			$	510,003

(1) Represents the weighted average rate of interest for borrowings under the Syndicated Credit Facility and the stated rate of interest for the 5.50% Senior Notes due 2028, without the effect of debt issuance costs.