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Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt as of March 31, 2019, December 31, 2018, and March 25, 2018 consisted of the following:
(In thousands)
March 31, 2019
 
December 31, 2018
 
March 25, 2018
 
 
 
 
 
 
Revolving credit facility (due 2022)
$
120,000

 
$

 
$
40,000

Term debt (1)
 
 
 
 
 
April 2017 U.S. term loan averaging 4.25% YTD 2019; 3.83% in 2018; 3.77% YTD 2018 (due 2017-2024)
735,000

 
735,000

 
735,000

Notes
 
 
 
 
 
April 2017 U.S. fixed rate notes at 5.375% (due 2027)
500,000

 
500,000

 
500,000

June 2014 U.S. fixed rate notes at 5.375% (due 2024)
450,000

 
450,000

 
450,000

 
1,805,000

 
1,685,000

 
1,725,000

Less current portion
(7,500
)
 
(5,625
)
 

 
1,797,500

 
1,679,375

 
1,725,000

Less debt issuance costs and original issue discount
(20,925
)
 
(21,807
)
 
(24,218
)
 
$
1,776,575

 
$
1,657,568

 
$
1,700,782

(1)
The average interest rates do not reflect the effect of interest rate swap agreements (see Note 7).