Debt (Tables)

3 Months Ended

Apr. 03, 2021

Debt Disclosure [Abstract]

Schedule of Debt

Debt consists of the following (in thousands):

	April 3, 2021		January 2, 2021
Amended Credit Agreement:
Revolving Credit Facility	$	69,000	$	55,000
Term Loan B	250,000		300,000
Less unamortized deferred loan costs	(2,979)		(3,798)
Carrying value Term Loan B	247,021		296,202
5.25% Senior Notes due 2027 with effective interest of 5.47%	500,000		500,000
Less unamortized deferred loan costs	(5,553)		(5,747)
Carrying value 5.25% Senior Notes due 2027	494,447		494,253
3.625% Senior Notes due 2026 - Denominated in euro with effective interest of 3.83%	606,310		632,163
Less unamortized deferred loan costs - Denominated in euro	(6,046)		(6,586)
Carrying value 3.625% Senior Notes due 2026	600,264		625,577
Other Notes and Obligations	33,799		37,037
	1,444,531		1,508,069
Less Current Maturities	26,997		27,538
	$	1,417,534	$	1,480,531