Debt (Tables)

6 Months Ended

Jul. 03, 2021

Debt

Summary of information about the equity and liability components of convertible debt

The carrying amount of the Notes consisted of the following (in thousands):

	July 3,		January 2,
	2021		2021
Liability component
Principal	$	535,000	$	675,567
Unamortized debt discount		(88,701)		(103,953)
Unamortized debt issuance costs		(6,645)		(8,189)
Net carrying amount	$	439,654	$	563,425
Equity component
Net carrying amount	$	107,927	$	108,438

Schedule of components of interest expense

Interest expense related to the notes was comprised of the following (in thousands):

	Three Months Ended				Six Months Ended
	July 3,		July 4,		July 3,		July 4,
	2021		2020		2021		2020
Contractual interest expense	$	836	$	1,374	$	1,999	$	2,841
Amortization of debt discount		4,992		4,132		10,930		7,378
Amortization of debt issuance costs		374		491		892		981
	$	6,202	$	5,997	$	13,821	$	11,200