Quarterly report pursuant to Section 13 or 15(d)

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

v3.22.2
SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)
6 Months Ended
Jul. 02, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following table presents the components of long-term debt as recorded in the Company's balance sheets:
(In thousands) June 2022 December 2021 June 2021
Revolving Credit Facility $ —  $ —  $ — 
Term Loan A 397,691  397,427  660,334 
Term Loan B —  —  130,678 
4.125% Notes, due 2029
394,277  393,890  — 
Total long-term debt 791,968  791,317  791,012 
Less: current portion (5,000) —  (8,750)
Long-term debt, due beyond one year $ 786,968  $ 791,317  $ 782,262