DEBT (Tables)

9 Months Ended

Oct. 01, 2023

A summary of total debt outstanding at October 1, 2023 and December 31, 2022 is as follows:


($ in thousands)	October 1, 2023		December 31, 2022
Long-term debt:
1.00% convertible notes due 2023	$	—	$	172,500
Term loan due 2027	131,250		136,875
Revolver due 2027	85,000		80,289
7.50% senior notes due 2027	300,000		300,000
1.75% convertible notes due 2028	258,750		258,750
4.75% senior notes due 2029	350,000		350,000
Total long-term debt	1,125,000		1,298,414
Less: convertible notes debt discount, net	(5,166)		(5,989)
Less: term loan deferred financing costs, net	(587)		(701)
Less: senior notes deferred financing costs, net	(7,129)		(8,075)
Less: current maturities of long-term debt	(7,500)		(7,500)
Total long-term debt, less current maturities, net	$	1,104,618	$	1,276,149

- 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.

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+ Details