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Debt (Tables)
6 Months Ended
Jun. 29, 2019
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

The following table summarizes the Company’s outstanding debt as of the dates indicated (in millions):
 
 
June 29,
2019
 
December 29,
2018
 
June 30,
2018
Senior Notes
 
$
150.0

 
$
150.0


$
150.0

Senior Credit Facility:
 

 
 
 
 
February 2016 Term Loan
 
150.0

 
165.0

 
170.0

June 2017 Term Loan
 
90.0

 
93.8

 
95.0

Revolving credit loans
 
100.0

 

 
128.0

Total outstanding borrowings
 
490.0

 
408.8

 
543.0

Less: unamortized debt issuance costs
 
(1.2
)
 
(1.4
)
 
(1.6
)
Total debt
 
488.8

 
407.4


541.4

Less: current portion of long-term debt
 
(22.5
)
 
(26.3
)
 
(25.0
)
Long-term debt
 
$
466.3

 
$
381.1

 
$
516.4

 
 

 
 
 
 
Outstanding letters of credit
 
$
37.3

 
$
33.5

 
$
39.9