XML 59 R48.htm IDEA: XBRL DOCUMENT v3.22.1
Debt (Tables)
3 Months Ended
Apr. 01, 2022
Debt Disclosure [Abstract]  
Summary of Long-term Debt
Following is a summary of the Company’s debt:

(in thousands)Maturity
Date
Interest
Rate
Interest
Paid
Public/
Nonpublic
April 1,
2022
December 31,
2021
Senior notes2/27/20233.28%Semi-annuallyNonpublic$125,000 $125,000 
Senior bonds(1)
11/25/20253.80%Semi-annuallyPublic350,000 350,000 
2021 Revolving Credit Facility7/9/2026VariableVariesNonpublic— — 
Senior notes10/10/20263.93%QuarterlyNonpublic100,000 100,000 
Senior notes3/21/20303.96%QuarterlyNonpublic150,000 150,000 
Unamortized discount on senior bonds(1)
11/25/2025(32)(34)
Debt issuance costs(1,394)(1,523)
Total debt723,574 723,443 
Less: Current portion of debt125,000 — 
Total long-term debt$598,574 $723,443 

(1)The senior bonds due in 2025 were issued at 99.975% of par.