Financing Arrangements (Tables)

6 Months Ended

Jul. 02, 2022

Notes To Financial Statements [Abstract]

Schedule of Long-term Debt Instruments

	Jul 2, 2022		Jan 1, 2022
	(in thousands)
Senior secured revolving credit line	$	948,875	$	683,175
Term loan facility	981,346		993,340
Convertible senior notes	736,131		734,417
Foreign loans	29,029		2,224
Other debt arrangement	1,008		1,138
Total debt	2,696,389		2,414,294
Less:  Current maturities of long-term debt	49,076		27,293
Long-term debt	$	2,647,313	$	2,387,001

Carrying Value And Fair Value Of Long Term Debt, Disclosure

	Jul 2, 2022				Jan 1, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Total debt excluding convertible senior notes	$	1,960,258	$	1,966,412	$	1,679,877	$	1,686,537

Convertible Debt

The following table summarizes the outstanding principal amount and carrying value of the Convertible Notes:

	Jul 2, 2022		Jan 1, 2022
	(in thousands)
Principal amounts:
Principal	$	747,499	$	747,500
Unamortized issuance costs	(11,368)		(13,083)
Net carrying amount	$	736,131	$	734,417

Schedule of Debt Instruments, Interest Expense

The following table summarizes total interest expense recognized related to the Convertible Notes:

	Three Months Ended				Six Months Ended
	Jul 2, 2022		Jul 3, 2021		Jul 2, 2022		Jul 3, 2021
Contractual interest expense	$	1,868	$	1,869	$	3,758	$	3,759
Interest cost related to amortization of issuance costs	898		873		1,800		1,756
Total interest expense	$	2,766	$	2,742	$	5,558	$	5,515