Financing Arrangements (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

	2022		2021
	(in thousands)
Senior secured revolving credit line	$	251,805	$	683,175
Term loan facility	975,785		993,340
Delayed draw term loan facility	750,000		—
Convertible senior notes	737,918		734,417
Foreign loans	5,917		2,224
Other debt arrangement	899		1,138
Total debt	2,722,324		2,414,294
Less:  Current maturities of long-term debt	45,583		27,293
Long-term debt	$	2,676,741	$	2,387,001

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 31, 2022				Jan 1, 2022
	Carrying Value		Fair Value		Carrying Value		Fair Value
Total debt excluding convertible senior notes	$	1,984,406	$	1,989,871	$	1,679,877	$	1,686,537

Convertible Debt

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

	Dec 31, 2022		Jan 1, 2022
	(in thousands)
Principal amounts:
Principal	$	747,499	$	747,500
Unamortized issuance costs	(9,581)		(13,083)
Net carrying amount	$	737,918	$	734,417

Schedule of Debt Instruments, Interest Expense

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

	Twelve Months Ended
	Dec 31, 2022		Jan 1, 2022		Jan 2, 2021
Contractual interest expense	$	7,475	$	7,454	$	2,720
Interest cost related to amortization of debt issuance costs	3,587		3,484		7,971
Total interest expense	$	11,062	$	10,938	$	10,691

Schedule of Maturities of Long-term Debt

2023	$	45,583
2024	43,788
2025	780,826
2026	1,850,752
2027 and thereafter	1,375
	$	2,722,324