Annual report pursuant to Section 13 and 15(d)

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)

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SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)
 12 Months Ended
Dec. 30, 2023
Debt Disclosure [Abstract]  
Components of Long-term Debt
The following table presents the components of "long-term debt" as recorded in the Company's balance sheets:
(In thousands) December 2023 December 2022
Revolving Credit Facility $ —  $ — 
Term Loan A 388,481  397,954 
4.125% Notes, due 2029
 395,440  394,665 
Total long-term debt 783,921  792,619 
Less: current portion (20,000) (10,000)
Long-term debt, due beyond one year $ 763,921  $ 782,619 
Schedule of Payments of Long-Term Debt
The following table presents scheduled payments of long-term debt as of December 2023 for the next five years and thereafter:
(In thousands) Future Principal Payments
2024 $ 20,000 
2025 20,000 
2026 350,000 
2027 — 
2028 — 
Thereafter 400,000 
790,000 
Less: unamortized deferred financing costs (6,079)
Total long-term debt 783,921 
Less: current portion (20,000)
Long-term debt, due beyond one year $ 763,921