Discontinued Operations (Tables)

9 Months Ended

Oct. 01, 2022

Discontinued Operations.

Schedule of financial results, assets and liabilities from discontinued operations

The following table presents the financial results of the infrastructure and automotive business (the “discontinued operations”) in the Company’s Condensed Consolidated Statements of Income (in thousands, except per share data):

	Three Months Ended		Nine Months Ended
	October 2,		October 2,
	2021		2021
Revenues	$	28,203	$	233,915
Costs of revenues		11,891		95,800
Operating expenses		(496)		46,512
Operating income from discontinued operations		16,808		91,603
Gain on sale of discontinued operations		2,423,161		2,423,161
Income from discontinued operations before income taxes		2,439,969		2,514,764
Provision for income taxes		333,173		330,880
Income from discontinued operations	$	2,106,796	$	2,183,884
Income from discontinued operations per share:
Basic	$	48.56	$	49.52
Diluted	$	47.20	$	48.11