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Financing Arrangements (Tables)
 12 Months Ended
Jan. 01, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
 20212020
 (in thousands)
Senior secured revolving credit line$683,175 $755,000 
Term loan facility993,340 335,938 
Convertible senior notes734,417 632,847 
Foreign loans2,224 4,421 
Other debt arrangement1,138 1,390 
Total debt2,414,294 1,729,596 
Less:  Current maturities of long-term debt27,293 22,944 
Long-term debt$2,387,001 $1,706,652 
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):
 Jan 1, 2022Jan 2, 2021
 Carrying ValueFair ValueCarrying ValueFair Value
Total debt excluding convertible senior notes$1,679,877 $1,686,537 $1,096,749 $1,096,749 
Convertible Debt
The following table summarizes the outstanding principal amount and carrying value of the Convertible Notes:
 
Jan 1, 2022
Jan 2, 2021
 (in thousands)
Principal amounts:
Principal$747,500 $747,500 
Unamortized debt discount — (98,358)
Unamortized issuance costs(13,083)(16,295)
Net carrying amount$734,417 $632,847 
Schedule of Debt Instruments, Interest Expense
The following table summarizes total interest expense recognized related to the Convertible Notes:
 Twelve Months Ended
 
Jan 1, 2022
Jan 2, 2021
Contractual interest expense$7,454 $2,720 
Interest cost related to amortization of the debt discount and issuance costs3,484 7,971 
Total interest expense$10,938 $10,691 
Schedule of Maturities of Long-term Debt
2022$27,293 
202323,621 
202423,634 
2025757,945 
2026 and thereafter1,581,801 
  
 $2,414,294