Long-Term Debt Long term debt table (Tables)

3 Months Ended

Mar. 25, 2018

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term debt as of March 25, 2018, December 31, 2017, and March 26, 2017 consisted of the following:

(In thousands)	March 25, 2018			December 31, 2017			March 26, 2017
Revolving credit facility (due 2022)	$	40,000		$	—		$	—
Revolving credit facility (due 2018)	—			—			85,000
Term debt (1)
April 2017 U.S. term loan averaging 3.51% (due 2017-2024)	735,000			735,000			—
March 2013 U.S. term loan averaging 3.25% (due 2013-2020)	—			—			602,850
Notes
April 2017 U.S. fixed rate notes at 5.375% (due 2027)	500,000			500,000			—
June 2014 U.S. fixed rate notes at 5.375% (due 2024)	450,000			450,000			450,000
March 2013 U.S. fixed rate notes at 5.25% (due 2021)	—			—			500,000
	1,725,000			1,685,000			1,637,850
Less current portion	—			—			(4,350		)
	1,725,000			1,685,000			1,633,500
Less debt issuance costs and original issue discount	(24,218		)	(24,485		)	(14,882		)
	$	1,700,782		$	1,660,515		$	1,618,618

(1) The average interest rate is calculated over the life of the instrument and does not reflect the effect of interest rate swap agreements (see Note 6).