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Credit Agreement (Tables)
3 Months Ended
Apr. 03, 2021
Debt Disclosure [Abstract]  
Schedule of Borrowings Under Credit Facility
The following table summarizes our borrowings under the credit facility ($ in thousands):
April 3,
2021
January 2,
2021
Outstanding borrowings$314,900 $244,200 
Outstanding letters of credit
$3,997 $3,997 
Additional borrowing capacity
$131,103 $201,803 
Weighted-average interest rate
1.5 %1.5 %