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v3.24.1.u1

Long-Term Debt (Details) $ / shares in Units, $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 30, 2024 USD ($) $ / shares | Apr. 01, 2023 USD ($) | Dec. 31, 2023 USD ($)
Debt Instruments [Abstract] |  |  |
Non-cash interest expense | $ 1,213 | $ 818 |
Credit facility | 0 |  | $ 0
Deferred financing costs | (25,695) |  | (26,914)
Long-term debt | 819,407 |  | 818,188
Less current portion | 0 |  | 0
Long-term debt, less current portion | 819,407 |  | 818,188
Convertible Senior Notes, Due 2025 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Convertible debt | $ 95,102 |  | 95,102
Issuance date | Jun. 12, 2018 |  |
Debt maturity date | Jun. 15, 2025 |  |
Cash coupon rate | 2.25% |  |
Effective conversion rate | 32.1476 |  |
Principal amount of debt | $ 95,102 |  |
130% of the conversion price (in dollars per share) | $ / shares | $ 40.44 |  |
Effective conversion price (in dollars per share) | $ / shares | $ 31.11 |  |
Convertible Senior Notes, Due 2030 [Member] |  |  |
Debt Instruments [Abstract] |  |  |
Convertible debt | $ 750,000 |  | $ 750,000
Issuance date | Sep. 12, 2023 |  |
Debt maturity date | Sep. 15, 2030 |  |
Cash coupon rate | 2.25% |  |
Effective conversion rate | 33.1609 |  |
Principal amount of debt | $ 750,000 |  |
130% of the conversion price (in dollars per share) | $ / shares | $ 39.21 |  |
Effective conversion price (in dollars per share) | $ / shares | $ 30.16 |  |

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- Definition The carrying value as of the balance sheet date of the noncurrent portion of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 45 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481573/470-10-45-13 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 45 -Paragraph 14 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481573/470-10-45-14 + Details
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