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Long-Term Debt (Tables)
6 Months Ended
Jun. 29, 2024
Long-Term Debt [Abstract]  
Long-term Debt Instruments
Long-term debt consists of the following:

 
June 29, 2024
   
December 31, 2023
 
             
Credit facility
 
$
-
   
$
-
 
Convertible senior notes, due 2025
   
95,102
     
95,102
 
Convertible senior notes, due 2030     750,000       750,000  
Deferred financing costs
   
(24,480
)
   
(26,914
)
     
820,622
     
818,188
 
Less current portion
   
-
     
-
 
   
$
820,622
   
$
818,188
 
Key Facts and Terms of the Convertible Debt Instruments

The following table summarizes some key facts and terms regarding the outstanding convertible senior notes as of June 29, 2024:

 
2025 Notes
    2030 Notes  
Issuance date
 
June 12, 2018
    September 12, 2023  
Maturity date
 
June 15, 2025
*   September 15, 2030  
Principal amount as of June 29, 2024
 
$
95,102
    $ 750,000  
Cash coupon rate (per annum)
   
2.25
%
    2.25 %
Conversion rate (per $1 principal amount)
   
32.1684
      33.1609  
Effective conversion price (per share)
 
$
31.09
    $ 30.16  
130% of the current effective conversion price (per share)
 
$
40.42
    $ 39.21