Credit Agreement (Tables)

6 Months Ended

Jun. 27, 2020

Debt Disclosure [Abstract]

Schedule of Borrowings Under Credit Facility

The following table summarizes our borrowings under the credit facility ($ in thousands):

	June 27, 2020			December 28, 2019
Outstanding borrowings (1)	$	227,240		$	231,000
Outstanding letters of credit	$	3,997		$	3,497
Additional borrowing capacity	$	293,763		$	215,503
Weighted-average interest rate	3.0		%	3.5		%

⁽¹⁾ Outstanding borrowings at June 27, 2020 include the $75 million term loan due April 2, 2021.