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Senior Convertible Notes
12 Months Ended
Dec. 27, 2014
Senior Convertible Notes [Abstract]  
Senior Convertible Notes

NOTE 9. SENIOR CONVERTIBLE NOTES

2.25% Senior Convertible Notes

On October 26, 2005, the Company issued $225 million aggregate principal amount of 2.25% senior convertible notes due 2025 (the “Notes”).

As of December 31, 2011, the carrying amount of the equity component was $35.2 million, and the carrying amount of the debt component was $65.1 million, which represented the principal amount of $68.3 million net of the unamortized discount of $3.2 million.

In October 2012, the Company retired the remaining 2.25% senior convertible notes at their face value of $68.3 million, resulting in no impact to the Consolidated Statements of Operations.