Rendering

Component: (Network and Table)
Network
2310301 - Disclosure - Debt (Tables)
(http://www.greatbatchmedical.com/role/DebtTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Debt Disclosure [Abstract]Period [Axis]
2016-01-02 - 2016-12-30
Debt Disclosure [Abstract]
 
Schedule of Debt
Long-term debt is comprised of the following (in thousands):
 
December 30, 2016
 
January 1,
2016
Senior secured term loan A
$
356,250

 
$
375,000

Senior secured term loan B
1,014,750

 
1,025,000

9.125% senior notes due 2023
360,000

 
360,000

Revolving line of credit
40,000

 

Less unamortized discount on term loan B and debt issuance costs
(40,837
)
 
(45,947
)
Total debt
1,730,163

 
1,714,053

Less current portion of long-term debt
31,344

 
29,000

Total long-term debt
$
1,698,819

 
$
1,685,053

 
 
Schedule of Maturities of Long-term Debt
Contractual maturities of the Company’s debt facilities for the next five years and thereafter, excluding any discounts or premiums, as of December 30, 2016 are as follows (in thousands):
 
2017
 
2018
 
2019
 
2020
 
2021
 
After 2021
Future minimum principal payments
$
31,344

 
40,719

 
47,750

 
87,750

 
239,937

 
1,323,500

 
 
Schedule of Deferred Financing Costs
The change in deferred debt issuance costs related to the Company’s Revolving Credit Facility is as follows (in thousands):
January 2, 2015
$
2,200

Financing costs deferred
4,152

Write-off during the period
(907
)
Amortization during the period
(654
)
January 1, 2016
4,791

Amortization during the period
(991
)
December 30, 2016
$
3,800

The change in unamortized discount and debt issuance costs related to the Term Loan Facilities and Senior Notes is as follows (in thousands):
 
Debt Issuance Costs
 
Unamortized Discount on TLB Facility
 
Total
January 2, 2015
$
887

 
$

 
$
887

Financing costs incurred
41,781

 
10,250

 
52,031

Write-off during the period
(732
)
 

 
(732
)
Amortization during the period
(6,028
)
 
(211
)
 
(6,239
)
January 1, 2016
35,908

 
10,039

 
45,947

Financing costs incurred
1,177

 

 
1,177

Amortization during the period
(4,989
)
 
(1,298
)
 
(6,287
)
December 30, 2016
$
32,096

 
$
8,741

 
$
40,837

 
 
Schedule of Interest Rate Derivatives
Information regarding the Company’s outstanding interest rate swaps designated as cash flow hedges as of December 30, 2016 is as follows (dollars in thousands):
Notional Amount
 
Start Date
 
End Date
 
Pay Fixed Rate
 
Receive Current Floating Rate
 
Fair Value
 
Balance Sheet Location
$
250,000

 
Jul-16
 
Jun-17
 
0.615
%
 
0.7561
%
 
$
267

 
Prepaid Expenses and Other Current Assets
$
200,000

 
Jun-17
 
Jun-20
 
1.1325
%
 
N/A
 
$
3,215

 
Other Assets