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Long-Term Debt (Tables)
 3 Months Ended
Apr. 01, 2017
Schedule of Long-term Debt Instruments

The components of the Company’s long-term debt were as follows:

 

     April 1, 2017     December 31, 2016  
     Principal
Balance		      Effective
Rate (1)		     Principal
Balance		      Effective
Rate (1)		  

Revolving Facility due April 2, 2018

    $ 0        0.00 %    $ 0        3.35 % 

Tranche B-1 Term Facility due April 2, 2016

      0        0.00 %      0        3.96 % 

Tranche B-2 Term Facility due April 2, 2020

      2,016,000        4.52 %      2,021,250        4.41 % 
  

 

 

     

 

 

    

 

 

     

 

 

  

Total

      2,016,000        4.52 %      2,021,250        4.38 % 

Less: Current Portion

      21,000          21,000     

 Unamortized Deferred Financing Costs

      17,495          18,951     
  

 

 

       

 

 

     

Total Long-Term Debt

    $ 1,977,505        $ 1,981,299     
  

 

 

       

 

 

     

 

(1) Includes amortization of deferred financing costs. For fiscal 2016, the effective interest rate for the Revolving Facility and Tranche B-1 Term Facility was computed based on interest expense incurred over the period for which borrowings were outstanding.