SHORT-TERM BORROWINGS AND LONG-TERM DEBT - Schedule of Long-term Debt Instruments (Details) - USD ($) $ in Thousands |
Jul. 01, 2023 |
Dec. 31, 2022 |
Jul. 02, 2022 |
Nov. 18, 2021 |
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Debt Instrument [Line Items] | ||||
Total long-term debt | $ 788,270 | $ 792,619 | $ 791,968 | |
Less: current portion | (15,000) | (10,000) | (5,000) | |
Long-term debt, due beyond one year | 773,270 | 782,619 | 786,968 | |
Term Loan A | Term Loan | ||||
Debt Instrument [Line Items] | ||||
Total long-term debt | 393,218 | 397,954 | 397,691 | |
Revolving Credit Facility | ||||
Debt Instrument [Line Items] | ||||
Total long-term debt | 0 | 0 | 0 | |
Senior Notes | 4.125% Senior Notes, due 2029 | ||||
Debt Instrument [Line Items] | ||||
Debt instrument, interest rate, stated percentage | 4.125% | |||
Total long-term debt | $ 395,052 | $ 394,665 | $ 394,277 |
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as current. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt classified as noncurrent. Excludes lease obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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