XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.21.2

Long-term Debt and Letters of Credit (Tables) | 9 Months Ended
--- | ---
Sep. 27, 2021
Debt Disclosure [Abstract] |
Long-term Debt | The following table summarizes the long-term debt of the Company as of September 27, 2021 and December 28, 2020:
|  | Interest Rate as of September 27, 2021 |  |  | Principal Outstanding as of September 27, 2021 |  |  | Interest Rate as of December 28, 2020 |  |  | Principal Outstanding as of December 28, 2020 |
|  | (In thousands) |
Senior Notes due March 2029 |  |  | 4.00 |  | % | $ | 500,000 |  |  |  | — |  | % | $ | — |
Term Loan due September 2024 |  |  | 2.59 |  |  |  | 405,879 |  |  |  | 2.65 |  |  |  | 405,879 |
Senior Notes due October 2025 |  |  | — |  |  |  | — |  |  |  | 5.63 |  |  |  | 375,000 |
U.S. ABL Revolving Loan due June 2024 |  |  | — |  |  |  | — |  |  |  | 1.40 |  |  |  | 40,000 |
Asia ABL Revolving Loan due June 2024 |  |  | 1.49 |  |  |  | 30,000 |  |  |  | 1.55 |  |  |  | 30,000 |
|  |  |  |  |  |  | 935,879 |  |  |  |  |  |  |  | 850,879 |
Less: Long-term debt unamortized discount |  |  |  |  |  |  | (660 | ) |  |  |  |  |  |  | (814 | )
Long-term debt unamortized debt issuance costs |  |  |  |  |  |  | (8,297 | ) |  |  |  |  |  |  | (7,212 | )
|  |  |  |  |  |  | 926,922 |  |  |  |  |  |  |  | 842,853 |
Less: current maturities |  |  |  |  |  |  | — |  |  |  |  |  |  |  | — |
Long-term debt, less current maturities |  |  |  |  |  | $ | 926,922 |  |  |  |  |  |  | $ | 842,853 |
Schedule of Remaining Unamortized Debt Discount and Debt Issuance Costs | As of September 27, 2021 and December 28, 2020, remaining unamortized debt discount and debt issuance costs for the Senior Notes due 2029, Term Loan Facility and Senior Notes due 2025 are as follows:
|  | As of September 27, 2021 |  |  | As of December 28, 2020
|  | Debt Issuance Costs |  |  | Debt Discount |  |  | Effective Interest Rate |  |  | Debt Issuance Costs |  |  | Debt Discount |  |  | Effective Interest Rate |  |
|  | (In thousands, except interest rates)
Senior Notes due March 2029 |  | $ | 6,114 |  |  | $ | — |  |  |  | 4.19 |  | % | $ | — |  |  | $ | — |  |  |  | — |  | %
Term Loan due September 2024 |  |  | 2,183 |  |  |  | 660 |  |  |  | 4.66 |  |  |  | 2,695 |  |  |  | 814 |  |  |  | 4.66 |  |
Senior Notes due October 2025 |  | — |  |  | — |  |  |  | — |  |  |  | 4,517 |  |  | — |  |  |  | 5.92 |  |
|  | $ | 8,297 |  |  | $ | 660 |  |  |  |  |  |  | $ | 7,212 |  |  | $ | 814 |  |  |  |  |  |

X
- Definition Schedule of unamortized discount and debt issuance costs. + References No definition available. + Details
Name: | ttmi_ScheduleOfUnamortizedDiscountAndDebtIssuanceCostsTableTextBlock
Namespace Prefix: | ttmi_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21506-112644 Reference 5: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399 Reference 7: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69E -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21521-112644 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21538-112644 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123467817&loc=d3e21475-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration