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Debt (Tables)
12 Months Ended
Jan. 03, 2016
Debt Disclosure [Abstract]  
Summary of Debt

 

 

 

 

 

Interest

 

 

Interest

 

Jan. 3,

 

 

Dec. 28,

 

In Thousands

 

Maturity

 

Rate

 

 

Paid

 

2016

 

 

2014

 

Revolving credit facility

 

2019

 

Variable

 

 

Varies

 

$

0

 

 

$

71,000

 

Senior Notes

 

2015

 

 

5.30

%

 

Semi-annually

 

 

0

 

 

 

100,000

 

Senior Notes

 

2016

 

 

5.00

%

 

Semi-annually

 

 

164,757

 

 

 

164,757

 

Senior Notes

 

2019

 

 

7.00

%

 

Semi-annually

 

 

110,000

 

 

 

110,000

 

Senior Notes

 

2025

 

 

3.80

%

 

Semi-annually

 

 

350,000

 

 

 

0

 

Unamortized discount on Senior Notes

 

2019

 

 

 

 

 

 

 

 

(792

)

 

 

(998

)

Unamortized discount on Senior Notes

 

2025

 

 

 

 

 

 

 

 

(86

)

 

 

0

 

 

 

 

 

 

 

 

 

 

 

 

623,879

 

 

 

444,759

 

Less:  Current portion of debt

 

 

 

 

 

 

 

 

 

 

0

 

 

 

0

 

Long-term debt

 

 

 

 

 

 

 

 

 

$

623,879

 

 

$

444,759

 

 

Principal Maturities of Debt Outstanding

The principal maturities of debt outstanding on January 3, 2016 were as follows:

 

In Thousands

 

 

 

 

2016

 

$

164,757

 

2017

 

 

0

 

2018

 

 

0

 

2019

 

 

109,208

 

2020

 

 

0

 

Thereafter

 

 

349,914

 

Total debt

 

$

623,879