Long-Term Debt Long term debt table (Tables)

9 Months Ended

Sep. 25, 2016

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt as of September 25, 2016, December 31, 2015, and September 27, 2015 consisted of the following:

(In thousands)	September 25, 2016		December 31, 2015		September 27, 2015
Revolving credit facility (due 2018)	$	—	$	—	$	—
Term debt (1)
March 2013 U.S. term loan averaging 3.25% (due 2013-2020)	602,850		608,850		608,850
Notes
June 2014 U.S. fixed rate note at 5.375% (due 2024)	450,000		450,000		450,000
March 2013 U.S. fixed rate note at 5.25% (due 2021)	500,000		500,000		500,000
	1,552,850		1,558,850		1,558,850
Less current portion	1,200		2,475		—
	1,551,650		1,556,375		1,558,850
Less debt issuance costs	16,979		19,699		20,930
	$	1,534,671	$	1,536,676	$	1,537,920

⁽¹⁾ The average interest rate does not reflect the effect of interest rate swap agreements (see Note 6).