v3.25.2
Long-Term Debt (Tables)
6 Months Ended
Jun. 28, 2025
Long-Term Debt [Abstract]  
Long-term Debt Instruments
Long-term debt consists of the following:

 
June 28, 2025
   
December 31, 2024
 
             
Credit facility
 
$
185,000
   
$
136,000
 
Convertible senior notes, due 2025
    -       41,911  
Convertible senior notes, due 2030
   
750,000
     
750,000
 
Deferred financing costs
   
(20,496
)
   
(22,892
)
     
914,504
     
905,019
 
Less current portion
   
-
     
-
 
   
$
914,504
   
$
905,019
 
Key Facts and Terms of the Convertible Debt Instruments
The following table summarizes some key facts and terms regarding the outstanding convertible senior notes due 2030 as of June 28, 2025:

2030 Notes  
Issuance date
September 12, 2023
 
Maturity date
September 15, 2030
 
Principal amount as of June 28, 2025
$

750,000
 
Cash coupon rate (per annum)
   
2.25
%
Conversion rate (per $1 principal amount)
   
33.1609
 
Effective conversion price (per share)
$

30.16
 
130% of the current effective conversion price (per share)
$

39.21