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Long-term Debt and Letters of Credit (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Debt Disclosure [Abstract] |
Long-term Debt | Long-term debt was as follows:
|  | As of |
|  | March 31, 2025 |  |  | December 30, 2024 |
|  | Interest Rate |  | Principal Outstanding |  |  | Interest Rate |  | Principal Outstanding |
|  | (In thousands, except interest rates) |
Senior Notes due March 2029 |  |  | 4.00 |  | % |  | $ | 500,000 |  |  |  | 4.00 |  | % |  | $ | 500,000 |
Term Loan due May 2030 |  |  | 6.57 |  |  |  |  | 344,768 |  |  |  | 6.59 |  |  |  |  | 345,634 |
Asia ABL Revolving Loan due June 2028 |  |  | 5.62 |  |  |  |  | 80,000 |  |  |  | 5.64 |  |  |  |  | 80,000 |
Other |  |  | 5.99 |  |  |  |  | 2,230 |  |  |  | 5.99 |  |  |  |  | 2,311 |
Total debt |  |  |  |  |  |  | 926,998 |  |  |  |  |  |  |  | 927,945 |
Less: Unamortized debt issuance costs |  |  |  |  |  |  | (6,625 | ) |  |  |  |  |  |  | (6,951 | )
Less: Unamortized debt discount |  |  |  |  |  |  | (2,727 | ) |  |  |  |  |  |  | (2,840 | )
Subtotal |  |  |  |  |  |  | 917,646 |  |  |  |  |  |  |  | 918,154 |
Less: Current maturities |  |  |  |  |  |  | (3,800 | ) |  |  |  |  |  |  | (3,795 | )
Long-term debt, less current maturities |  |  |  |  |  | $ | 913,846 |  |  |  |  |  |  | $ | 914,359 |
Schedule of Remaining Unamortized Debt Discount and Debt Issuance Costs | Remaining unamortized debt issuance costs and debt discount were as follows:
|  | As of
|  | March 31, 2025 |  | December 30, 2024
|  | 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 |  | $ | 3,176 |  |  | $ | — |  |  |  | 4.18 |  | % |  | $ | 3,362 |  |  | $ | — |  |  |  | 4.18 |  | %
Term Loan due May 2030 |  |  | 3,449 |  |  |  | 2,727 |  |  |  | 8.01 |  |  |  |  | 3,589 |  |  |  | 2,840 |  |  |  | 8.01 |  |
Total |  | $ | 6,625 |  |  | $ | 2,727 |  |  |  |  |  |  | $ | 6,951 |  |  | $ | 2,840 |  |  |  |  |

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