Financing Arrangements (Tables)

12 Months Ended

Dec. 30, 2023

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

	2023		2022
	(in thousands)
Senior secured revolving credit line	$	—	$	251,805
Term loan facility	945,913		975,785
Delayed draw term loan facility	726,563		750,000
Convertible senior notes	741,501		737,918
Foreign loans	10,531		5,917
Other debt arrangement	687		899
Total debt	2,425,195		2,722,324
Less:  Current maturities of long-term debt	44,822		45,583
Long-term debt	$	2,380,373	$	2,676,741

Carrying Value And Fair Value Of Long Term Debt, Disclosure

The carrying value and estimated aggregate fair value, a level 2 measurement, based primarily on market prices, of debt excluding the Convertible Notes is as follows (in thousands):

	Dec 30, 2023				Dec 31, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Total debt excluding convertible senior notes	$	1,683,694	$	1,687,781	$	1,984,406	$	1,989,871

Convertible Debt

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

	Dec 30, 2023		Dec 31, 2022
	(in thousands)
Principal amounts:
Principal	$	747,499	$	747,499
Unamortized issuance costs	(5,998)		(9,581)
Net carrying amount	$	741,501	$	737,918

Schedule of Debt Instruments, Interest Expense

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

	Twelve Months Ended
	Dec 30, 2023		Dec 31, 2022		Jan 1, 2022
Contractual interest expense	$	7,454	$	7,475	$	7,454
Interest cost related to amortization of debt issuance costs	3,583		3,587		3,484
Total interest expense	$	11,037	$	11,062	$	10,938

Schedule of Maturities of Long-term Debt

2024	$	44,822
2025	785,304
2026	1,589,014
2027	755
2028 and thereafter	5,300
	$	2,425,195