Debt (Tables)

12 Months Ended

Dec. 25, 2021

Debt Disclosure [Abstract]

Schedule of Debt

(In thousands)	2021		2020
Subordinated Debentures with interest at 6.00%, due 2027	$	—	$	284,479
Revolving Credit Facility with interest at 1.25%, due 2021	—		35,000
Jungwoo-Mueller credit facility with interest at 1.90%, due 2021	—		5,811
2001 Series IRB's with interest at 1.14%, due 2021	—		250
Other	2,940		2,555
	2,940		328,095
Less debt issuance costs	(1,065)		(219)
Less current portion of debt	(811)		(41,283)
Long-term debt	$	1,064	$	286,593

Aggregate Annual Maturities of Debt

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

(In thousands)	Amount
2022	$	811
2023	222
2024	222
2025	185
2026	—
Thereafter	1,500
Long-term debt	$	2,940

Net interest Expense

Net interest expense consisted of the following:

(In thousands)	2021		2020		2019
Interest expense	$	8,096	$	19,510	$	25,957
Capitalized interest	(387)		(263)		(274)
	$	7,709	$	19,247	$	25,683