Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)
9 Months Ended
Oct. 02, 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 sheets:
(In thousands) September 2021 December 2020 September 2020
Revolving Credit Facility $ —  $ —  $ 125,000 
Term Loan A 660,738  694,241  693,817 
Term Loan B 130,800  218,716  218,518 
Total long-term debt 791,538  912,957  1,037,335 
Less: current portion (18,125) (25,000) (15,625)
Long-term debt, due beyond one year $ 773,413  $ 887,957  $ 1,021,710