LONG-TERM DEBT (Tables)

3 Months Ended

Apr. 04, 2026

Long-term debt consisted of the following:


(dollars in thousands)	April 4, 2026		January 3, 2026		March 29, 2025
$575 million 7.375% Senior Notes due 2031	$	575,000	$	575,000	$	—
$500 million 5.625% Senior Notes due 2027	—		—		500,000
Less: unamortized debt issuance-related costs	(7,513)		(7,827)		(1,672)
Senior notes, net	$	567,487	$	567,173	$	498,328
Secured revolving credit facility	—		—		—
Total long-term debt, net	$	567,487	$	567,173	$	498,328

- 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.

+ References

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+ Details