v3.22.2
DEBT
 6 Months Ended
Jun. 26, 2022
Debt Disclosure [Abstract]  
DEBT
9. DEBT
A summary of total debt outstanding at June 26, 2022 and December 31, 2021 is as follows:
(thousands) June 26, 2022 December 31, 2021
Long-term debt:
1.00% convertible notes due 2023
 $ 172,500  $ 172,500 
Term loan due 2026 142,500  144,375 
Revolver due 2026 275,000  135,000 
7.50% senior notes due 2027
 300,000  300,000 
1.75% convertible notes due 2028
 258,750  258,750 
4.75% senior notes due 2029
 350,000  350,000 
Total long-term debt 1,498,750  1,360,625 
Less: convertible notes debt discount, net (7,275) (64,245)
Less: term loan deferred financing costs, net (552) (624)
Less: senior notes deferred financing costs, net (8,680) (9,267)
Less: current maturities of long-term debt (7,500) (7,500)
Total long-term debt, less current maturities, net $ 1,474,743  $ 1,278,989 
There were no material changes to any of our debt arrangements during the second quarter and six months ended June 26, 2022. The decrease in the convertible notes debt discount reflects the impact of the adoption of ASU 2020-06 on the carrying value of the convertible notes.
The interest rate for incremental borrowings under the Revolver due 2026 at June 26, 2022 was LIBOR plus 1.50% (or 2.52%) for the LIBOR-based option. The fee payable on committed but unused portions of the Revolver due 2026 was 0.20% at June 26, 2022.
Total cash interest paid for the second quarter of 2022 and 2021 was $23.9 million and $14.1 million, respectively, and $27.1 million and $17.4 million for the comparative six month periods, respectively.