Debt (Tables)

12 Months Ended

Dec. 27, 2014

Debt [Abstract]

Debt

(In thousands)	2014			2013
Term Loan Facility with interest at 1.53%, due 2017	$	200,000		$	200,000
Mueller-Xingrong credit facility with interest at 5.60%, due 2015		29,968			28,033
2001 Series IRB’s with interest at 1.13%, due through 2021		6,250			7,250
Other		5,226			50
		241,444			235,333
Less current portion of debt		(36,194	)		(29,083	)
Long-term debt	$	205,250		$	206,250

Aggregate annual maturities of debt

Aggregate annual maturities of the Company’s debt are as follows:

(In thousands)	Amount
2015	$	36,194
2016		1,000
2017		201,000
2018		1,000
2019		1,000
Thereafter		1,250
Long-term debt	$	241,444

Net interest expense

Net interest expense consisted of the following:

(In thousands)	2014			2013			2012
Interest expense	$	6,393		$	5,147		$	6,890
Capitalized interest		(653	)		(1,157	)		—
	$	5,740		$	3,990		$	6,890