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Financing Arrangements (Tables)
 12 Months Ended
Dec. 28, 2024
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
 20242023
 (in thousands)
Senior secured revolving credit line$— $— 
Term loan facility928,542 945,913 
Delayed draw term loan facility712,500 726,563 
Convertible senior notes745,074 741,501 
Foreign loans8,489 10,531 
Other debt arrangement462 687 
Total debt2,395,067 2,425,195 
Less:  Current maturities of long-term debt43,949 44,822 
Long-term debt$2,351,118 $2,380,373 
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 28, 2024Dec 30, 2023
 Carrying ValueFair ValueCarrying ValueFair Value
Total debt excluding convertible senior notes$1,649,994 $1,652,702 $1,683,694 $1,687,781 
The company uses floating-to-fixed interest rate swap agreements to hedge variable interest rate risk associated with the Credit Facility. At December 28, 2024, the company had outstanding floating-to-fixed interest rate swaps totaling $225.0 million notional amount carrying an average interest rate of 2.59% maturing in less than 12 months and $470.0 million notional amount carrying an average interest rate of 1.22% that mature in more than 12 months but less than 38 months.
Convertible Debt
The following table summarizes the outstanding principal amount and carrying value of the Convertible Notes:
 December 28, 2024December 30, 2023
 (in thousands)
Principal amounts:
Principal$747,499 $747,499 
Unamortized issuance costs(2,425)(5,998)
Net carrying amount$745,074 $741,501 
Schedule of Debt Instruments, Interest Expense
The following table summarizes total interest expense recognized related to the Convertible Notes:
 Twelve Months Ended
 Dec 28, 2024Dec 30, 2023Dec 31, 2022
Contractual interest expense$7,433 $7,454 $7,475 
Interest cost related to amortization of debt issuance costs3,573 3,583 3,587 
Total interest expense$11,006 $11,037 $11,062 
Schedule of Maturities of Long-term Debt
2025 (1)
$789,023 
20261,600,151 
2027828 
2028693 
2029 and thereafter4,372 
  
 $2,395,067 
(1) The current year debt payable includes the maturities of the convertible notes.