XML 46 R35.htm IDEA: XBRL DOCUMENT v3.21.2
Debt (Tables)
 6 Months Ended
Oct. 02, 2021
2024 Notes  
Debt Instrument [Line Items]  
Schedule of Carrying Values
The following table summarizes the carrying value of the 2024 Notes as of October 2, 2021 and April 3, 2021:

(In thousands)October 2, 2021April 3, 2021
Principal amount of the 2024 Notes$750,000 $750,000 
Unamortized discount of the 2024 Notes(344)(405)
Unamortized debt issuance costs associated with 2024 Notes(1,513)(1,797)
Carrying Value of the 2024 Notes $748,143 $747,798 
Schedule of Interest Expense
Interest expense related to the 2024 Notes was included in interest and other income (expense), net on the condensed consolidated statements of income as follows:
 Three Months EndedSix Months Ended
(In thousands)October 2, 2021September 26, 2020October 2, 2021September 26, 2020
Contractual coupon interest$5,444 $5,444 $10,887 $10,887 
Amortization of debt issuance costs142 142 284 284 
Amortization of debt discount, net31 30 61 59 
Total interest expense related to the 2024 Notes$5,617 $5,616 $11,232 $11,230 
2030 Notes  
Debt Instrument [Line Items]  
Schedule of Carrying Values
The following table summarizes the carrying value of the 2030 Notes as of October 2, 2021 and April 3, 2021:

(In thousands)October 2, 2021April 3, 2021
Principal amount of the 2030 Notes$750,000 $750,000 
Unamortized discount of the 2030 Notes(178)(187)
Unamortized debt issuance costs associated with 2030 Notes(4,654)(4,923)
Carrying Value of the 2030 Notes$745,168 $744,890 
Schedule of Interest Expense
Interest expense related to the 2030 Notes was included in interest and other income (expense), net on the condensed consolidated statements of income as follows:

Three Months EndedSix Months Ended
(In thousands)October 2, 2021September 26, 2020October 2, 2021September 26, 2020
Contractual coupon interest$4,521 $4,521 $9,043 $6,565 
Amortization of debt issuance costs134 134 269 179 
Amortization of debt discount, net5 4 9 7 
Total interest expense related to the 2030 Notes$4,660 $4,659 $9,321 $6,751