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

Sep. 26, 2020

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 sheet:


(In thousands)	September 2020		December 2019		September 2019
Revolving Credit Facility	$	125,000	$	—	$	—
Term Loan A	693,817		695,111		694,833
Term Loan B	218,518		218,158		293,274
Total long-term debt	1,037,335		913,269		988,107
Less: current portion	(15,625)		—		(7,500)
Long-term debt, due beyond one year	$	1,021,710	$	913,269	$	980,607

- 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