v3.25.2
Debt - Convertible Senior Notes (Details)
 3 Months Ended 6 Months Ended
Feb. 28, 2025
USD ($)
$ / shares
Jun. 15, 2021
USD ($)
$ / shares
Jul. 01, 2025
USD ($)
$ / shares
Apr. 01, 2025
USD ($)
Jul. 02, 2024
USD ($)
Jul. 01, 2025
USD ($)
D
$ / shares
Jul. 02, 2024
USD ($)
Debt              
Net proceeds from the sale           $ 575,000,000  
Loss on debt extinguishment           $ 15,891,000  
Convertible Senior Notes Due 2030              
Debt              
Aggregate principal amount of debt issued $ 575,000,000            
Net proceeds from the sale 558,500,000            
Debt issuance costs 16,500,000            
Interest rate     2.00%     2.00%  
Threshold percentage of stock price trigger           130.00%  
Observation period           35 days  
Number of threshold trading days | D           20  
Number of consecutive threshold trading days | D           30  
Minimum threshold aggregate principal amount of notes outstanding and not called for redemption     $ 150,000,000     $ 150,000,000  
Cure period in case of a default in the payment of interest           30 days  
Threshold cured period in case of default in other obligations           60 days  
Threshold limit of default with respect to indebtedness for borrowed money     20,000,000     $ 20,000,000  
Threshold limit for occurrence of default in case of rendering of certain judgments against to company or on its subsidiaries     $ 50,000,000     $ 50,000,000  
Minimum percentage of notice holders can give notice in case of default     25     25  
Maximum period of which noteholders to receive special interest as a remedy in case of default           180 days  
Special interest rate as a default remedy     0.5     0.5  
Gross principal balance outstanding     $ 575,000,000     $ 575,000,000  
Outstanding debt balance     559,600,000     559,600,000  
Unamortized debt issuance costs     15,400,000     15,400,000  
Amortized debt issuance costs     $ 800,000     $ 1,100,000  
Effective interest rate     2.57%     2.57%  
Convertible Senior Notes Due 2030 | Minimum              
Debt              
Threshold percentage of stock price trigger           98.00%  
Convertible Senior Notes Due 2030 | Convertible Debt Securities | Common Stock              
Debt              
Aggregate principal amount of debt issued $ 1,000   $ 1,000     $ 1,000  
Conversion ratio 14.1377         14.1377  
Conversion price | $ / shares $ 70.73   $ 70.73     $ 70.73  
Threshold dividend (per share) | $ / shares           $ 0.27  
Convertible Senior Notes Due 2026              
Debt              
Aggregate principal amount of debt issued $ 276,000,000 $ 345,000,000          
Net proceeds from the sale   334,900,000          
Debt issuance costs   10,100,000          
Interest rate     0.375%     0.375%  
Threshold percentage of stock price trigger           130.00%  
Observation period           30 days  
Number of threshold trading days | D           20  
Number of consecutive threshold trading days | D           30  
Minimum threshold aggregate principal amount of notes outstanding and not called for redemption     $ 150,000,000     $ 150,000,000  
Cure period in case of a default in the payment of interest           30 days  
Threshold cured period in case of default in other obligations           60 days  
Threshold limit of default with respect to indebtedness for borrowed money     20,000,000     $ 20,000,000  
Threshold limit for occurrence of default in case of rendering of certain judgments against to company or on its subsidiaries     $ 25,000,000     $ 25,000,000  
Minimum percentage of notice holders can give notice in case of default     25     25  
Maximum period of which noteholders to receive special interest as a remedy in case of default           180 days  
Special interest rate as a default remedy     0.5     0.5  
Gross principal balance outstanding     $ 69,000,000     $ 69,000,000  
Outstanding debt balance     68,600,000     68,600,000  
Unamortized debt issuance costs     400,000     400,000  
Amortized debt issuance costs     $ 100,000   $ 500,000 $ 500,000 $ 1,000,000
Effective interest rate     0.96%     0.96%  
Convertible Senior Notes Due 2026 | Convertible Debt Securities | Common Stock              
Debt              
Aggregate principal amount of debt issued   $ 1,000 $ 1,000     $ 1,000  
Conversion ratio   12.7551       14.0195  
Conversion price | $ / shares   $ 78.4 $ 71.33     $ 71.33  
2026 Note Repurchase Transaction              
Debt              
Unamortized debt issuance costs       $ 2,100,000      
Privately negotiated transaction for aggregate consideration $ 289,800,000            
Loss on debt extinguishment       $ 15,900,000