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Financing Arrangements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments |
| 2022 |  | 2021
| (in thousands)
Senior secured revolving credit line | $ | 251,805 |  |  | $ | 683,175 |
Term loan facility | 975,785 |  |  | 993,340 |
Delayed draw term loan facility | 750,000 |  |  | — |
Convertible senior notes | 737,918 |  |  | 734,417 |
Foreign loans | 5,917 |  |  | 2,224 |
Other debt arrangement | 899 |  |  | 1,138 |
Total debt | 2,722,324 |  |  | 2,414,294 |
Less: Current maturities of long-term debt | 45,583 |  |  | 27,293 |
Long-term debt | $ | 2,676,741 |  |  | $ | 2,387,001 |
Carrying Value And Fair Value Of Long Term Debt, Disclosure | The carrying value and estimated aggregate fair value, a level 2 measurement, based primarily on market prices, of debt excluding the Convertible Notes is as follows (in thousands):
| Dec 31, 2022 |  | Jan 1, 2022
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Total debt excluding convertible senior notes | $ | 1,984,406 |  |  | $ | 1,989,871 |  |  | $ | 1,679,877 |  |  | $ | 1,686,537 |
Convertible Debt | The following table summarizes the outstanding principal amount and carrying value of the Convertible Notes:
| Dec 31, 2022 |  | Jan 1, 2022 |  |
| (in thousands)
Principal amounts: |  |  |  |  |
Principal | $ | 747,499 |  |  | $ | 747,500 |  |  |
Unamortized issuance costs | (9,581) |  |  | (13,083) |  |  |
Net carrying amount | $ | 737,918 |  |  | $ | 734,417 |  |  |
Schedule of Debt Instruments, Interest Expense | The following table summarizes total interest expense recognized related to the Convertible Notes:
| Twelve Months Ended
| Dec 31, 2022 |  | Jan 1, 2022 |  | Jan 2, 2021
Contractual interest expense | $ | 7,475 |  |  | $ | 7,454 |  |  | $ | 2,720 |
Interest cost related to amortization of debt issuance costs | 3,587 |  |  | 3,484 |  |  | 7,971 |
Total interest expense | $ | 11,062 |  |  | $ | 10,938 |  |  | $ | 10,691 |
Schedule of Maturities of Long-term Debt |
2023 | $ | 45,583 |
2024 | 43,788 |
2025 | 780,826 |
2026 | 1,850,752 |
2027 and thereafter | 1,375 |
| $ | 2,722,324 |

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