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Debt (Tables)
6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Debt
The following table summarizes the Company’s outstanding debt as of the dates indicated (in millions):
 
 
June 30,
2018
 
December 30,
2017
 
July 1,
2017
Senior Notes
 
$
150.0

 
$
150.0


$

Senior Credit Facility:
 

 
 
 
 
February 2016 Term Loan
 
170.0

 
180.0

 
185.0

June 2017 Term Loan
 
95.0

 
97.5

 
100.0

Revolving credit loans
 
128.0

 

 
170.0

Total outstanding borrowings
 
543.0

 
427.5

 
455.0

Less: unamortized debt issuance costs
 
(1.6
)
 
(1.4
)
 
(1.3
)
Total debt
 
541.4

 
426.1

 
453.7

Less: current portion of long-term debt
 
(25.0
)
 
(25.0
)
 
(20.0
)
Long-term debt
 
$
516.4

 
$
401.1

 
$
433.7

 
 

 
 
 
 
Outstanding letters of credit
 
$
39.9

 
$
39.6

 
$
44.3