Long-Term Debt (Tables)

3 Months Ended

Apr. 04, 2015

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The carrying value of the Term Loan is reflected in our Consolidated Balance Sheets as follows:

(In thousands)	April 4, 2015			March 29, 2015
Principal amount	$	350,000		$	—
Unamortized original issue discount and debt issuance costs	(11,500		)	—
Less current portion of Long-term debt	(122		)	—
Long-term debt	$	338,378		$	—

Interest Income and Interest Expense Disclosure

Interest expense related to the Term Loan was included in Interest expense on the Consolidated Statements of Operations as follows:

	Three Months Ended
(In thousands)	April 4, 2015		March 29, 2014
Contractual interest	$	1,327	$	—
Amortization of debt issuance costs and discount	284		—
Total Interest expense related to the Term Loan	$	1,611	$	—