DEBT

3 Months Ended

Apr. 02, 2016

Debt Disclosure [Abstract]

DEBT

DEBT

Debt consisted of the following:

(In millions)	April 2, 2016			January 2, 2016
Prudential Agreement - 5.79 percent	$	120.0		$	120.0
Tax increment financing debt	22.3			22.8
New York Life	75.0			75.0
Revolver	11.5			—
Capital leases	0.1			0.1
Foreign subsidiary debt	4.0			3.1
Less: unamortized debt issuance costs	(0.3		)	(0.3		)
	$	232.6		$	220.7
Less: current maturities	(45.3		)	(32.9		)
Long-term debt	$	187.3		$	187.8

During the first quarter ended April 2, 2016, a portion of the revolver borrowing was used for seasonal working capital needs.

Debt outstanding, excluding unamortized debt issuance costs, at April 2, 2016 matures as follows:

(In millions)	Total		Year 1		Year 2		Year 3		Year 4		Year 5		More Than 5 Years
Debt	$	232.8	$	45.3	$	31.1	$	31.2	$	31.3	$	1.3	$	92.6
Capital leases	0.1		—		0.1		—		—		—		—
	$	232.9	$	45.3	$	31.2	$	31.2	$	31.3	$	1.3	$	92.6