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v3.24.3

Debt - Additional Information (Details) |  |  |  | 9 Months Ended
--- | --- | --- | --- | ---
Sep. 25, 2024 USD ($) | Apr. 21, 2021 | Mar. 09, 2021 USD ($) trading_day $ / shares | Sep. 30, 2024 USD ($) $ / shares | Sep. 30, 2023 USD ($)
Line of Credit Facility |  |  |  |  |
Payment on term loans |  |  |  | $ 50,000,000 | $ 255,000,000
Letter of credit outstanding |  |  |  | $ 500,000 |
2024 Credit Agreement | Revolving Credit Facility |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Revolving credit facility, maximum borrowing capacity | $ 700,000,000 |  |  |  |
Debt issuance costs | $ 2,600,000 |  |  |  |
Line of credit facility interest rate (percent) |  |  |  | 1.125% |
Commitment fee (percent) | 0.125% |  |  |  |
2024 Credit Agreement | Revolving Credit Facility | Minimum |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Commitment fee (percent) | 0.125% |  |  |  |
2024 Credit Agreement | Revolving Credit Facility | Minimum | Prime Rate | Option One |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Line of credit facility interest rate (percent) |  | 0.125% |  |  |
2024 Credit Agreement | Revolving Credit Facility | Minimum | SOFR Rate | Option Two |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Line of credit facility interest rate (percent) |  | 1.125% |  |  |
2024 Credit Agreement | Revolving Credit Facility | Maximum |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Commitment fee (percent) | 0.25% |  |  |  |
2024 Credit Agreement | Revolving Credit Facility | Maximum | Prime Rate | Option One |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Line of credit facility interest rate (percent) |  | 0.75% |  |  |
2024 Credit Agreement | Revolving Credit Facility | Maximum | SOFR Rate | Option Two |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Line of credit facility interest rate (percent) |  | 1.75% |  |  |
2021 Credit Agreement | Senior Notes |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Effective interest rate (percent) |  |  |  | 8.66% |
2021 Credit Agreement | Revolving Credit Facility |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Revolving credit facility, maximum borrowing capacity |  |  |  | $ 500,000,000 |
Line of credit facility interest rate (percent) |  |  |  | 1.125% |
Payment on term loans |  |  |  | $ 50,000,000 |
Convertible Senior Notes due 2026 | Senior Notes |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Initial conversion rate (in shares) |  |  | 0.20266% |  |
Convertible Senior Notes due 2026 | Senior Notes |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Debt issuance costs |  |  | $ 2,600,000 |  |
Debt instrument, interest rate, stated percentage (percent) |  |  | 0.25% | 0.25% |
Convertible Senior Notes |  |  | $ 600,000,000.0 |  |
Net proceeds from issuance |  |  | 591,400,000 |  |
Initial purchasers' discounts |  |  | $ 6,000,000 |  |
Common stock exceeds conversion price percentage (percent) |  |  | 130.00% |  |
Debt instrument, convertible, threshold trading (in days) | trading_day |  |  | 20 |  |
Observation period (in days) | trading_day |  |  | 30 |  |
Measurement period (in days) | trading_day |  |  | 5 |  |
Debt instrument convertible (percent) |  |  | 98.00% |  |
Redemption percentage (percent) |  |  | 100.00% |  |
Initial conversion price (in usd per share) | $ / shares |  |  | $ 493.44 | $ 493.44 |
Scheduled trading days prior to maturity (in days) |  |  | 30 days |  |
Consecutive trading days (in days) | trading_day |  |  | 30 |  |
Effective interest rate (percent) |  |  |  | 0.54% |
Convertible Senior Notes due 2026 | Revolving Credit Facility |  |  |  |  |
Line of Credit Facility |  |  |  |  |
Weighted average interest rate (percent) |  |  |  | 0.25% |

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- Definition Dividend or interest rate associated with the financial instrument issued in exchange for the original debt being converted in a noncash or part noncash transaction. Noncash are transactions that affect recognized assets or liabilities but that do not result in cash receipts or cash payments. Part noncash refers to that portion of the transaction not resulting in cash receipts or cash payments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482913/230-10-50-5 + Details
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