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CONVERTIBLE DEBT (Tables)
3 Months Ended
Mar. 29, 2024
Debt Disclosure [Abstract]  
Schedule of Components of Convertible Notes
The following table presents the components of the 2024 Notes:
As of
(in thousands, except for years and percentages)March 29, 2024December 31, 2023
Liability:
Principal amount$115,500 $115,500 
Less: Debt issuance costs, net of amortization(391)(620)
Carrying amount$115,109 $114,880 
Schedule of Interest Expense
The following table presents interest expense recognized for the 2024 Notes:
Three Months Ended
(in thousands)March 29, 2024March 31, 2023
Contractual interest expense$578 $578 
Amortization of debt issuance costs229 223 
Total interest expense recognized$807 $801