Kontoor Brands, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

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

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

9 Months Ended

Oct. 02, 2021

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

Long-term Debt

The following table presents the components of long-term debt as recorded in the Company's balance sheets:


(In thousands)	September 2021		December 2020		September 2020
Revolving Credit Facility	$	—	$	—	$	125,000
Term Loan A	660,738		694,241		693,817
Term Loan B	130,800		218,716		218,518
Total long-term debt	791,538		912,957		1,037,335
Less: current portion	(18,125)		(25,000)		(15,625)
Long-term debt, due beyond one year	$	773,413	$	887,957	$	1,021,710

- 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