Quarterly report [Sections 13 or 15(d)]

SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)

v3.26.1
SHORT-TERM BORROWINGS AND LONG-TERM DEBT (Tables)
6 Months Ended
Jul. 04, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt Instruments
The following table presents the components of "long-term debt" as recorded in the Company's balance sheets:
(In thousands) June 2026 December 2025 June 2025
Revolving Credit Facility $ —  $ —  $ — 
Term Loan A-1 696,927  696,517  696,107 
Term Loan A-2 49,861  49,822  273,800 
4.125% Notes, due 2029
397,378  396,990  396,603 
Total long-term debt 1,144,166  1,143,329  1,366,510 
Less: current portion (17,500) (8,750) — 
Long-term debt, due beyond one year $ 1,126,666  $ 1,134,579  $ 1,366,510