XML 106 R87.htm IDEA: XBRL DOCUMENT v3.24.0.1
DEBT - Convertible Senior Notes due in 2025 Narrative (Details)
3 Months Ended 12 Months Ended
Dec. 29, 2023
USD ($)
Mar. 01, 2021
USD ($)
shares
Mar. 09, 2020
USD ($)
tradingDay
$ / shares
shares
Jun. 30, 2021
USD ($)
shares
Mar. 31, 2021
USD ($)
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
Debt Instrument [Line Items]                
Principal amount outstanding           $ 1,293,738,000 $ 1,290,357,000  
Debt, current           0 90,892,000  
Partial repurchase of convertible notes           0 0 $ 290,247,000
Loss on partial settlement of convertible notes           0 0 56,497,000
Payment for bonds hedge           0 0 286,235,000
Proceeds from sale of warrants           0 0 220,800,000
Convertible Notes | Notes due 2025                
Debt Instrument [Line Items]                
Debt instrument face amount     $ 320,000,000          
Interest rate     0.25%          
Conversion ratio     0.0122637          
Debt conversion price (in USD per share) | $ / shares     $ 81.54          
Proceeds from convertible debt     $ 313,000,000          
Principal amount outstanding           95,963,000 90,892,000  
Debt, current           $ 102,200,000    
Partial repurchase of convertible notes         $ 217,700,000      
Exercise of warrants related to convertible senior notes (in shares) | shares   1,670,000   485        
Equity component of convertible senior notes, net   $ 302,700,000   $ 100,000        
Convertible note, liability component   184,500,000            
Residual conversion price   $ 4,300,000            
Induced conversion of convertible debt expense               37,500,000
Remaining expected life   4 years 1 month 6 days            
Write off of debt discount   $ 38,500,000            
Write off of deferred debt issuance cost   $ 4,100,000            
Loss on partial settlement of convertible notes               $ 9,400,000
Conversion of debt $ 2,000     $ 100,000        
Effective percentage rate           5.18%    
Unamortized discount           $ 5,644,000 $ 10,229,000  
Remaining discount amortization period           1 year 2 months 12 days    
Conversion shares (in shares) | shares     3,900,000          
Payment for bonds hedge     $ 89,100,000          
Warrants issued, strike price (in USD per share) | $ / shares     $ 106.94          
Proceeds from sale of warrants     $ 71,600,000          
Convertible notes hedge settlements, shares received (in shares) | shares         1,900,000      
Warrants unwound, shares issued (in shares) | shares         1,800,000      
Convertible notes hedge transaction, options outstanding (in shares) | shares           1,300,000    
Warrants outstanding (in shares) | shares           1,300,000    
Convertible Notes | Notes due 2025 | Discount rate                
Debt Instrument [Line Items]                
Measurement input   0.0435            
Period One | Convertible Notes | Notes due 2025                
Debt Instrument [Line Items]                
Number of threshold trading days | tradingDay     20          
Number of consecutive trading days | tradingDay     30          
Threshold percentage     130.00%          
Stock trigger price (in USD per share) | $ / shares           $ 106.00 $ 106.00  
Period Two | Convertible Notes | Notes due 2025                
Debt Instrument [Line Items]                
Number of consecutive trading days | tradingDay     5          
Threshold percentage     100.00%          
Business day period after measurement period     5 days          
Measurement period percentage of stock price trigger     98.00%