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Convertible Senior Notes
 6 Months Ended
Jun. 29, 2025
Convertible Notes [Abstract]  
Convertible Senior Notes Convertible Senior Notes
The Company’s 5.00% convertible senior notes due in 2025 (the “2025 Notes”) matured on May 1, 2025, and were settled in cash for $20.7 million, excluding accrued interest. In connection with the maturity of the 2025 Notes, the related convertible note hedges entered into with certain purchasers of the 2025 Notes and/or their respective affiliates and other financial institutions expired. On May 16, 2025, the Company terminated the remaining proportional warrants in cash for $0.4 million.

The following table includes the outstanding principal amount and carrying value of the 2025 Notes as of the period indicated:
(dollars in thousands)DECEMBER 29, 2024
Principal$20,724 
Less: unamortized debt issuance costs(56)
Net carrying amount$20,668 

Following is a summary of interest expense for the 2025 Notes by component for the periods indicated:
THIRTEEN WEEKS ENDEDTWENTY-SIX WEEKS ENDED
(dollars in thousands)JUNE 29, 2025JUNE 30, 2024JUNE 29, 2025JUNE 30, 2024
Coupon interest$86 $259 $345 $1,265 
Debt issuance cost amortization14 40 56 198 
Total interest expense (1)$100 $299 $401 $1,463 
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(1)The effective rate of the 2025 Notes was 5.85%.