XML 74 R63.htm IDEA: XBRL DOCUMENT v3.21.2
Debt - Additional Information (Details)
$ / shares in Units, shares in Millions
1 Months Ended 3 Months Ended
Sep. 29, 2021
USD ($)
Sep. 02, 2021
USD ($)
shares
May 05, 2020
USD ($)
May 29, 2018
USD ($)
Mar. 22, 2017
USD ($)
Oct. 02, 2021
USD ($)
day
$ / shares
Jul. 03, 2021
USD ($)
day
$ / shares
Oct. 03, 2020
USD ($)
Mar. 03, 2017
USD ($)
Debt details                  
Proceeds from issuance of 3.75% senior notes           $ 400,000,000.0   $ 0  
Repayments of credit facility           $ 150,000,000.0   0  
Short-term debt             $ 456,600,000    
Debt conversion, shares issued | shares   10.6              
Common stock, par value (in dollars per share) | $ / shares           $ 0.001 $ 0.001    
Repayments of senior debt   $ 196,500,000              
Gain (loss) on induced conversion and extinguishment of debt   (85,900,000)       $ (85,900,000)   $ 0  
Gain (loss) on induced conversion of debt   (9,500,000)              
Gain (loss) on extinguishment of debt   (72,700,000)              
Third-party fees for extinguishment of debt   3,700,000              
Convertible Notes                  
Debt details                  
Short-term debt             $ 456,600,000    
1.75% Senior Convertible Notes | Convertible Notes                  
Debt details                  
Stated interest rate       1.75%   1.75%      
Aggregate principal amount of convertible debt       $ 225,000,000          
Debt issued   93,800,000              
Proceeds from convertible debt       69,500,000          
Expected remaining term           1 year 8 months 12 days      
Proceeds from debt, net of issuance costs       67,300,000          
1.75% Senior Convertible Notes | Convertible Notes | Exchange Transaction                  
Debt details                  
Debt issued       155,500,000          
Repayments of debt       $ 151,500,000          
1.00% Senior Convertible Notes | Convertible Notes                  
Debt details                  
Stated interest rate           1.00%     1.00%
Aggregate principal amount of convertible debt         $ 60,000,000       $ 400,000,000
Debt issued   $ 181,200,000              
Expected remaining term           2 years 4 months 24 days      
Proceeds from debt, net of issuance costs         $ 451,100,000        
Debt conversion, threshold percentage of stock price trigger           130.00% 130.00%    
Debt conversion, trading days threshold | day           20 20    
Debt conversion, consecutive trading days threshold | day           30 30    
Short-term debt           $ 0 $ 460,000,000.0    
3.75% Senior Notes | Senior Notes                  
Debt details                  
Stated interest rate           3.75%      
Aggregate principal amount of convertible debt $ 400,000,000                
Proceeds from issuance of 3.75% senior notes $ 393,000,000                
Revolving Credit Facility                  
Debt details                  
Maximum borrowing capacity     $ 300,000,000            
Credit facility increase limit     $ 200,000,000            
Net leverage ratio     1.50            
Proceeds from credit facility           $ 150,000,000      
Repayments of credit facility           150,000,000      
Debt outstanding           $ 0 $ 0    
Minimum | Revolving Credit Facility                  
Debt details                  
Commitment fee     0.30%            
Minimum | London Interbank Offered Rate (LIBOR) | Revolving Credit Facility                  
Debt details                  
Basis spread on variable rate     1.75%            
Minimum | Base Rate | Revolving Credit Facility                  
Debt details                  
Basis spread on variable rate     0.75%            
Maximum | Revolving Credit Facility                  
Debt details                  
Commitment fee     0.40%            
Maximum | London Interbank Offered Rate (LIBOR) | Revolving Credit Facility                  
Debt details                  
Basis spread on variable rate     2.50%            
Maximum | Base Rate | Revolving Credit Facility                  
Debt details                  
Basis spread on variable rate     1.50%