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Debt (Tables) | 12 Months Ended
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Dec. 26, 2020
Debt Disclosure [Abstract] |
Schedule of Debt |
(In thousands) |  | 2020 |  | 2019
Subordinated Debentures with interest at 6.00%, due 2027 |  | $ | 284,479 |  |  | $ | 284,479 |
Revolving Credit Facility with interest at 1.52%, due 2021 |  | 35,000 |  |  | 90,000 |
Jungwoo-Mueller credit facility with interest at 1.90%, due 2021 |  | 5,811 |  |  | — |
Jungwoo-Mueller credit facility with interest at 2.55%, due 2020 |  | — |  |  | 5,768 |
2001 Series IRB's with interest at 1.14%, due 2021 |  | 250 |  |  | 1,250 |
Other |  | 2,555 |  |  | 5,295 |
|  | 328,095 |  |  | 386,792 |
Less debt issuance costs |  | (219) |  |  | (538) |
Less current portion of debt |  | (41,283) |  |  | (7,530) |
Long-term debt |  | $ | 286,593 |  |  | $ | 378,724 |
Debt instrument redemption | If redeemed during the 12-month period beginning March 9:
Year |  | Redemption Price
2020 |  | 103%
2021 |  | 102
2022 and thereafter |  | 100
Aggregate annual maturities of debt | Aggregate annual maturities of the Company’s debt are as follows:
(In thousands) |  | Amount
2021 |  | $ | 41,283 |
2022 |  | 222 |
2023 |  | 222 |
2024 |  | 222 |
2025 |  | 167 |
Thereafter |  | 285,979 |
Long-term debt |  | $ | 328,095 |
Net interest expense | Net interest expense consisted of the following:
(In thousands) |  | 2020 |  | 2019 |  | 2018
Interest expense |  | $ | 19,510 |  |  | $ | 25,957 |  |  | $ | 25,349 |
Capitalized interest |  | (263) |  |  | (274) |  |  | (150) |
|  | $ | 19,247 |  |  | $ | 25,683 |  |  | $ | 25,199 |

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- Definition Tabular disclosure of debt instruments or arrangements with redemption features. Includes, but is not limited to, description of debt redemption features, percentage price at which debt can be redeemed by the issuer, and period start and end for debt maturity or redemption. + References No definition available. + Details
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- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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