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Line of Credit
3 Months Ended
Apr. 01, 2023
Debt Disclosure [Abstract]  
Line of Credit

J. Line of Credit

 

In December 2022, the Company amended its credit facility in place that provides for a $150.0 million revolving line of credit to extend the scheduled expiration date to December 16, 2027. As of April 1, 2023, no borrowings were outstanding. As of April 1, 2023, the Company was not in violation of any of its financial covenants to the lender under the credit facility and the unused balance of $150.0 million on the line of credit was available to the Company for future borrowings.