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Long-Term Debt (Tables)
3 Months Ended
Mar. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
Long-term debt consisted of the following:
March 30, 2025December 29, 2024
Outstanding Principal
Interest Rate(1)
Outstanding Principal
Interest Rate(1)
(in thousands)(in thousands)
Syndicated Credit Facility(2):
Term loan borrowings$5,505 5.40 %$5,564 5.62 %
5.50% Senior Notes due 2028300,000 5.50 %300,000 5.50 %
 
Total debt305,505 305,564 
Less: Unamortized debt issuance costs(2,628)(2,807)
 
Total debt, net302,877 302,757 
Less: Current portion of long-term debt(487)(482)
 
Total long-term debt, net$302,390 $302,275 
(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.
(2) The Syndicated Credit Facility also includes a multicurrency revolving loan facility up to $300.0 million. There were no revolving loan borrowings outstanding as of March 30, 2025 or December 29, 2024.