Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.1
SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)
3 Months Ended
Apr. 03, 2021
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term Debt
The following table presents the components of long-term debt as recorded in the Company's balance sheet:
(In thousands) March 2021 December 2020 March 2020
Revolving Credit Facility $ —  $ —  $ 475,000 
Term Loan A 684,741  694,241  695,389 
Term Loan B 130,564  218,716  218,347 
Total long-term debt 815,305  912,957  1,388,736 
Less: current portion (24,375) (25,000) — 
Long-term debt, due beyond one year $ 790,930  $ 887,957  $ 1,388,736