Borrowings

9 Months Ended

Oct. 01, 2023

Debt Disclosure [Abstract]

Borrowings

BorrowingsOur borrowings at October 1, 2023 and December 31, 2022 were as follows:

	October 1, 2023		December 31, 2022
Senior Credit Facility:
Revolving credit facility, at a rate of 6.67% at October 1, 2023, due 2027	$	482,000	$	148,250
Term loan facility, at a rate of 6.67% at October 1, 2023, due 2027	490,625		500,000
4.625% Senior Notes due 2027	500,000		500,000
4.25% Senior Notes due 2028	500,000		500,000
Securitization program, at a rate of 6.29% at October 1, 2023	75,000		75,000
	2,047,625		1,723,250
Less: Unamortized debt issuance costs	(10,002)		(11,727)
	2,037,623		1,711,523
Current borrowings	(87,500)		(87,500)
Long-term borrowings	$	1,950,123	$	1,624,023