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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 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 Consolidated Statements of Income (in thousands, except per share data):

Year Ended

January 1,

January 2,

    

2022

    

2021

Revenues

$

233,918

$

375,749

Costs of revenues

 

95,457

143,068

Operating expenses

46,643

87,293

Operating income from discontinued operations

 

91,818

145,388

Gain on sale of discontinued operations

2,423,161

Income from discontinued operations before income taxes

2,514,979

145,388

Provision for income taxes

 

339,706

17,372

Income from discontinued operations

$

2,175,273

$

128,016

Income from discontinued operations per share:

 

  

Basic

$

50.79

$

2.92

Diluted

$

49.09

$

2.89