v3.26.1
Debt - Convertible Senior Notes (Details)
3 Months Ended 6 Months Ended
Feb. 28, 2025
USD ($)
$ / shares
Jun. 15, 2021
USD ($)
Jun. 30, 2026
USD ($)
$ / shares
Jul. 01, 2025
USD ($)
Apr. 01, 2025
USD ($)
Jun. 30, 2026
USD ($)
D
$ / shares
Jul. 01, 2025
USD ($)
Debt              
Net proceeds from the sale             $ 575,000,000
Loss on debt extinguishment             15,891,000
Outstanding principal amount           $ 68,992,000 289,800,000
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     562,900,000     562,900,000  
Unamortized debt issuance costs     12,100,000     12,100,000  
Amortized debt issuance costs     $ 800,000 $ 800,000   $ 1,600,000 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         14.1514  
Conversion price | $ / shares $ 70.73   $ 70.66     $ 70.66  
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%  
Amortized debt issuance costs     $ 100,000 $ 100,000   $ 200,000 $ 500,000
Effective interest rate     0.96%     0.96%  
Aggregate principal amount, settled in cash     $ 100,000        
Outstanding principal amount   $ 68,900,000          
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