10-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

_____________________________________

Form 10-K

(Mark One)

þ	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the fiscal year ended January 3, 2016

or

o	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
	For the transition period from              to

Commission file number 001-5075

_____________________________________

PerkinElmer, Inc.

(Exact name of registrant as specified in its charter)

Massachusetts	04-2052042
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
940 Winter Street, Waltham, Massachusetts	02451
(Address of Principal Executive Offices)	(Zip Code)

(Registrant’s telephone number, including area code): (781) 663-6900

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class	Name of Each Exchange on Which Registered
Common Stock, $1 Par Value	New York Stock Exchange

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes þ       No o

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o  No þ

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or Section 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.        Yes þ        No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).        Yes þ        No o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.        þ

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer þ	Accelerated filer o	Non-accelerated filer o	Smaller reporting company o
		(Do not check if a smaller reporting company)

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o   No þ

The aggregate market value of the common stock, $1 par value per share, held by non-affiliates of the registrant on June 26, 2015, was $6,101,934,638 based upon the last reported sale of $54.29 per share of common stock on June 26, 2015.

As of February 25, 2016, there were outstanding 109,789,094 shares of common stock, $1 par value per share.

DOCUMENTS INCORPORATED BY REFERENCE

Portions of PerkinElmer, Inc.’s Definitive Proxy Statement for its Annual Meeting of Shareholders to be held on April 26, 2016 are incorporated by reference into Part III of this Form 10-K.

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TABLE OF CONTENTS

		Page
PART I
Item 1.	Business	3
Item 1A.	Risk Factors	12
Item 1B.	Unresolved Staff Comments	19
Item 2.	Properties	19
Item 3.	Legal Proceedings	19
Item 4.	Mine Safety Disclosures	19
PART II
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	22
Item 6.	Selected Financial Data	25
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	28
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	50
Item 8.	Financial Statements and Supplemental Data	53
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	102
Item 9A.	Controls and Procedures	103
Item 9B.	Other Information	105
PART III
Item 10.	Directors, Executive Officers and Corporate Governance	106
Item 11.	Executive Compensation	106
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	106
Item 13.	Certain Relationships and Related Transactions, and Director Independence	106
Item 14.	Principal Accountant Fees and Services	107
PART IV
Item 15.	Exhibits and Financial Statement Schedules	108
Signatures		113

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PART I

Item 1. Business

Overview

We are a leading provider of products, services and solutions to the diagnostics, research, environmental, industrial and laboratory services markets. Through our advanced technologies, solutions, and services, we address critical issues that help to improve the health and safety of people and the environment.

We are a Massachusetts corporation, founded in 1947. Our headquarters are in Waltham, Massachusetts, and we market our products and services in more than 150 countries. As of January 3, 2016, we employed approximately 8,000 employees in our continuing operations. Our common stock is listed on the New York Stock Exchange under the symbol “PKI” and we are a component of the S&P 500 Index.

We maintain a website with the address http://www.perkinelmer.com. We are not including the information contained in our website as part of, or incorporating it by reference into, this annual report on Form 10-K. We make available free of charge through our website our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to these reports, as soon as reasonably practicable after we electronically file these materials with, or otherwise furnish them to, the Securities and Exchange Commission.

Our Strategy

Our strategy is to develop and deliver innovative products, services and solutions in high-growth markets that utilize our knowledge and expertise to address customers’ critical needs and drive scientific breakthroughs. To execute on our strategy and accelerate revenue growth, we focus on broadening our offerings through both the acquisition of innovative technology and investment in research and development. Our strategy includes:

• Achieving significant growth in both of our core business segments, Human Health and Environmental Health, through strategic acquisitions and licensing;

• Accelerating innovation through both internal research and development and third-party collaborations and alliances;

• Strengthening our position within key markets, by expanding our product and service offerings and maintaining superior product quality;

• Utilizing our share repurchase programs to help drive shareholder value; and

• Attracting, retaining and developing talented and engaged employees.

Recent Developments

As part of our strategy to grow our core businesses, we have recently taken the following actions:

Strategic Business Realignment:

We realigned our organization at the beginning of fiscal year 2015 to enable us to both deliver complete solutions targeted towards certain end markets and develop value-added applications and solutions to foster further expansion of those markets. OneSource, our multivendor laboratory service business that serves the life sciences end market, was moved from our Environmental Health segment into our Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of our operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to our operating segments.

Acquisitions in Fiscal Year 2015:

We completed the acquisition of five businesses in fiscal year 2015 for a total consideration of $77.1 million, in cash. The acquired businesses included Vanadis Diagnostics AB (“Vanadis”), which was acquired for total consideration of $35.1 million in cash, as further described in Note 21 to our consolidated financial statements included in this annual report on Form 10-K, and other acquisitions for an aggregate consideration of $42.0 million in cash. We have a potential obligation to pay the shareholders of Vanadis additional contingent consideration of up to $93.0 million, which at closing had an estimated fair value of $56.9 million. We reported the operations for all of these acquisitions within the results of our Human Health and Environmental Health segments from the acquisition dates.

Restructuring:

During fiscal year 2015, we recorded pre-tax restructuring charges of $4.4 million in our Human Health segment and $13.2 million in our Environmental Health segment related to a workforce reduction from restructuring activities. Our

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management approved these plans principally to realign resources to emphasize growth initiatives and to focus resources on higher growth end markets. We also recorded pre-tax restructuring reversals of $2.3 million in our Human Health segment and $3.9 million in our Environmental Health segment related to lower than expected costs associated with workforce reductions. In fiscal year 2015, we also recorded a pre-tax restructuring charge of $2.0 million in our Human Health segment relating to the closure of excess facility space and a pre-tax restructuring charge of $0.1 million in our Environmental Health segment primarily as a result of terminating various contractual commitments. This pre-tax restructuring activity has been reported as restructuring and contract termination charges and is included as a component of operating expenses from continuing operations. We expect no significant impact on future operating results or cash flows from the restructuring activities executed in fiscal year 2015.

As part of our ongoing business strategy, we also took the following actions:

Share Repurchase Program:

On October 23, 2014, our Board of Directors (our "Board") authorized us to repurchase up to 8.0 million shares of common stock under a stock repurchase program (the "Repurchase Program"). The Repurchase Program will expire on October 23, 2016 unless terminated earlier by our Board, and may be suspended or discontinued at any time. During fiscal year 2015, we repurchased 1.5 million shares of common stock in the open market at an aggregate cost of $72.0 million, including commissions, under the Repurchase Program. As of January 3, 2016, 5.9 million shares remained available for repurchase under the Repurchase Program. From January 4, 2016 through February 25, 2016, we repurchased 2.4 million shares of common stock in the open market at an aggregate cost of $109.7 million, including commissions, under the Repurchase Program.

Business Segments and Products

We report our business in two segments: Human Health and Environmental Health. We performed our annual impairment testing on January 1, 2015, the annual impairment date for our reporting units, and based on the first step of the impairment process (the comparison of the fair value to the carrying value of the reporting unit to determine if the carrying value exceeds the fair value), we concluded that there was no goodwill impairment.

We realigned our organization at the beginning of fiscal year 2015 to enable us to both deliver complete solutions targeted towards certain end markets and develop value-added applications and solutions to foster further expansion of those markets. OneSource, our multivendor laboratory service business that serves the life sciences end market, was moved from our Environmental Health segment into our Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of our operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to our operating segments.

Human Health Segment

Our Human Health segment concentrates on developing diagnostics, tools and applications to help detect diseases earlier and more accurately and to accelerate the discovery and development of critical new therapies. Within our Human Health segment, we serve the diagnostics and research markets. Our Human Health segment generated revenue of $1,376.6 million in fiscal year 2015.

Diagnostics Market:

We provide early detection for genetic disorders from pregnancy to early childhood, as well as flat panel X-ray detectors and infectious disease testing for the diagnostics market. Our screening products are designed to provide early and accurate insights into the health of expectant mothers during pregnancy and into the health of their babies. Our instruments, reagents and software test and screen for genetic abnormalities, disorders and diseases, including Down syndrome, hypothyroidism, infertility and various metabolic conditions. Our flat panel X-ray detectors are used within X-ray imaging systems to allow physicians to make fast and accurate diagnoses of conditions ranging from broken bones to breast cancer. In addition, our flat panel X-ray detectors are used within oncology radiation therapy systems to support more accurate tumor treatment.

Research Market:

In the research market, we provide a broad suite of solutions including reagents, liquid handling systems, and detection and imaging technologies that enable scientists to improve life sciences research and drug discovery processes. These products, solutions and services support pharmaceutical and biotech companies, and academic institutions globally in creating better therapeutics by helping to bring products to market faster and more efficiently. Our research portfolio includes a wide range of systems consisting of instrumentation for automation and detection for use in vitro and ex vivo, as well as in vivo imaging and analysis hardware and software, plus a range of consumable products, such as drug discovery and research reagents. In addition, our OneSource laboratory service business is aligned with customers' needs to accelerate science by enabling efficiency gains within their labs.

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Principal Products:

Our principal products and services for Human Health applications include the following:

Diagnostics:

• The DELFIA^® Xpress screening platform, a complete solution for prenatal and maternal health screening, and includes a fast continuous loading system. It is supported by kits for both first and second trimester analyses for prenatal screening and clinically validated LifeCycle^™ software.

• The NeoGram^™ MS/MS AAAC in vitro diagnostic kit is used to support detection of metabolic disorders in newborns through tandem mass spectrometry.

• The NeoBase^™ Non-derivatized MS/MS kit analyzes newborn blood samples for measurement of amino acids and other metabolic analytes for specific diseases.

• The GSP^® Neonatal hTSH, T4 17α-OHP, GALT IRT, BTD, PKU, Total Galactose and G6PD kits are used for screening congenital neonatal conditions from a drop of blood.

• The Specimen Gate^® informatics data management solution is designed specifically for newborn screening laboratories.

• The XRpad^® family of amorphous silicon (a-Si) flat panel cassette X-ray detectors enables X-ray system manufacturers to upgrade their systems from film to digital and to produce exceptional image resolution and diagnostic capability for radiography especially when imaging small anatomical features such as bone fractures and lung nodules.

• ViaCord^® umbilical cord blood banking services for the banking of stem cells harvested from umbilical cord blood, for potential therapeutic application.

• The XRD^™ family of a-Si flat panel X-ray detectors provides imaging for medical applications such as radiation therapy and veterinary imaging as well as industrial imaging applications including pipeline inspection, manufacturing inspection and 3D Cone Beam CT.

• The Dexela^® family of CMOS flat panel X-ray detectors provides imaging for orthopedic surgery, mammography, dental, and industrial imaging applications such as PCB inspection and 3D Cone Beam CT.

• An expanded portfolio of molecular-based infectious disease screening technologies for blood bank and clinical laboratory settings in China. The tools include a qualitative 3-in-1 assay for the detection of hepatitis B, hepatitis C and HIV, as well as assays for other communicable diseases.

Research:

• Phenoptics^™ quantitative pathology research solutions provide oncologists and cancer immunologists a new way to visualize and measure tumor cells and multiple immune-cell phenotypes simultaneously in FFPE tissue by combining the power of Opal^™ multiplexed immunohistochemistry reagents with the Mantra^™ or Vectra^® 3 Multispectral Imaging System, enabling visualization and analysis of complex cell interactions in ways that are difficult to achieve with other methods.

• Radiometric detection solutions, including over 1,100 NEN^® radiochemicals and the Tri-carb^®, Quantulus^™ GCT families of liquid scintillation analyzers, Wizard^2® Gamma counters and MicroBeta^2® plate based LSA, are used for beta, gamma and luminescence counting in microplate and vial formats utilized in research, environmental and drug discovery applications.

• The Opera^® Phenix^™ high content screening system is used for sensitive and high speed phenotypic drug screening of complex cellular models.

• The Operetta^® high content imaging system is used to automate imaging and analysis for cell-based assays for drug discovery and basic cellular science research laboratories.

• The Columbus^™ image data storage and analysis system provides a single solution to the storage and analysis of high content data from any major high content screening system, helping to visualize and analyze high content images via the Internet.

• The EnSight^™ multimode plate reader benchtop system offers well plate imaging alongside label-free and labeled detection technologies for target-based and phenotypic assays.

• The EnVision^® multilabel plate reader is targeted towards a wide range of high-throughput screening applications, including those using AlphaScreen^®, AlphaLISA^® and/or AlphaPlex^® technologies.

• A wide range of homogeneous biochemical and cell based assay reagents, including LANCE^®Ultra^™ and Alpha^™ Technology assay platforms are used for the detection of drug discovery targets such as G-protein coupled receptors (“GPCR”), kinases, biomarkers and the modification of epigenetic enzymes.

• A broad portfolio of recombinant GPCR and Ion Channel cell lines, including over 300 products and 120 ready-to-use frozen cell lines for a wide range of disease areas.

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• AlphaScreen^®, AlphaLISA^® and AlphaPlex^® research assays, including over 200 no-wash biomarker kits for both biotherapeutics and small molecule drug discovery and development in a variety of therapeutic areas including cancer, inflammation, metabolic disorders, neurodegeneration and virology.

• TSA^® Plus biotin kits can increase sensitivity of histochemistry and cytochemistry as much as 10 to 20 times.

• In vivo imaging technologies for preclinical research, including the IVIS^® Spectrum^™ series and the FMT^® series for 3D imaging, including the Spectrum^™ BL for 2D and 3D optical imaging, and the IVIS^® Lumina^™ series for 2D imaging. These technologies are designed to provide for non-invasive longitudinal monitoring of disease progression, cell trafficking and gene expression patterns in living animals and are complemented by a broad portfolio of fluorescent and bioluminescent in vivo imaging reagents that can be useful for identifying, characterizing and quantifying a range of disease biomarkers and therapeutic efficacy in living animal models.

• The G4 PET/X-ray and G8 PET/CT preclinical imaging systems deliver PET imaging with an intuitive user interface and efficient workflows, ensuring subject monitoring throughout preparation and imaging.

• Quantum GX^™ microCT platform is an in vivo microCT scanner that offers industry leading microCT resolution for pre-clinical imaging applications or eight second scan times for higher throughput with lower doses of radiation. With Quantum GX^™, 3D data from the IVIS and FMT imaging platforms can be coregistered with microCT.

• Automated liquid handling platforms (JANUS^®, Sciclone^® and Zephyr^®) that offer a choice of automated solutions in genomics, biotherapeutics, high throughput screening and high content analysis to assist life science research from bench to clinic.

• Next-generation sequencing automation and nucleic acid quantitation, including LabChip^® GX Touch electrophoresis, as well as Sciclone^®, Zephyr^® and JANUS^® automated liquid handling workstations for library preparation.

• JANUS^® BioTx^™ Workstation for automated small scale purification offers column, tip and plate based chromatography on a single platform.

• The LabChip GXII Touch provides a means of characterizing multiple protein product attributes for research labs through QC.

• The cell::explorer^™ and plate::explorer^™ automated workstations allow integration of multiple laboratory instrumentation using a centralized robotic interface, allowing high throughput and turnkey-application focused solutions.

• High Content Profiler^™ powered by TIBCO^® Spotfire^® provides automated workflows for quality control and hit classification for truly multi-parametric cellular drug screens.

• Lead Discovery^™ powered by TIBCO^® Spotfire^® adds chemical intelligence to the TIBCO^® Spotfire^® business intelligence platform, enabling scientific professionals to derive new information from chemical structures relevant to experimental data.

• Informatics platforms including E-Notebook for Chemistry and Biology, Elements^®, iLab^™, ChemDraw^® and ChemOffice^® , integrated suites that focus on the complex and varied needs of understanding and managing data for productivity and collaboration.

• ChemDraw^® and Chem3D^® mobile apps for the iPad^® device, chemical structure drawing and visualization apps, available in multiple languages and feature our Flick-to-Share^® technology.

• Licensing for the exclusive, worldwide rights to the TIBCO^® Spotfire^® software platform in certain scientific research and development markets, and certain clinical markets through an exclusive strategic relationship with TIBCO^® Software, Inc.

• OneSource^® Laboratory Services, a comprehensive portfolio of multivendor instrument management, QA/QC, lab relocation and regulatory compliance services. OneSource^® programs are tailored to the specific needs and goals of individual customers and offer a series of informatics-based consulting, planning and management offerings to assist in laboratory productivity and the optimization of complex Information Technology platforms.

• OneSource^® Mobile Application provides instant mobile access to service activity and equipment data including the ability to open a service call, check service history and view future scheduled events.

• OneSource^® Dashboard, a TIBCO^® Spotfire^® driven interactive graphical platform provides visibility to a customer’s global asset population, service event and downtime distribution, as well as key performance indicators to assist in asset operation.

New Products:

Significant new products introduced or acquired for Human Health applications in fiscal year 2015 include the following:

Diagnostics:

• The EnLite^™ Neonatal TREC^™ System, a screening test for Severe Combined Immunodeficiency, consisting of EnLite^™ Neonatal TREC^™ reagent kits, the Victor EnLite^™ instrument and EnLite^™ Workstation software.

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Research:

• Opal^® 5, 6, and 7 color multiplexed staining kits for amplified detection of immunohistochemistry utilized for multiple biomarker assessment in a single FFPE tumor cross section.

• Vectra^® 3 and inForm^® software providing the power of multiplexed biomarker imaging and quantitative analysis, all within a familiar digital workflow to accelerate cancer immunology research.

• Alpha SureFire^® Ultra Multiplex Assays for the rapid, sensitive and quantitative detection of phosphoproteins from cells, combined with the measurement of the total amount of the same protein in a single well.

• AlphaPlex^™ reagent technology, a homogeneous, all-in-one-well multiplexing reagent system for performing ultra-sensitive immunoassay analyses.

• CellCarrier^® Ultra 384-well microplates used in high content imaging applications such as phenotypic screening and three-dimensional disease model studies.

• Signals^™ for Translational, a cloud-based data management, aggregation and analysis platform, integrates experimental and clinical research data from many sources and relates the data to scientifically meaningful concepts. The platform also enables support for the complete precision medicine workflow, from data acquisition to biomarker discovery and validation.

• Clinical Data Review analytical solution provides medical monitors, safety review teams, biostatisticians, data managers, pharmacologists, and others who analyze clinical data, a powerful advanced analytics solution for overcoming data review challenges. The solution enhances clinical data management and medical review workflows, allowing organizations to make informed decisions on the safety and efficacy of therapeutics earlier in their development.

Brand Names:

Our Human Health segment offers additional products under various brand names, including AlphaLISA^®, AlphaPlex^™, AlphaScreen^®, AlphaLISA^®, Alpha SureFire^®, AutoDELFIA^®, BACS-on-Beads^®, BoBs^®, Cell carrier^™, cell::explorer^®, Chem3D^®, ChemDraw^®, ChemOffice^®, Columbus^™, Datalytix^™, Dexela^® CMOS FPDs^™, Elements^®, EnLite^™, EnSight^™, EnSpire^®, EnVision^®, Evolution^™, EZ-Reader^™, FMT^®, FragilEase^™, Genoglyphix^®, Geospiza^®, GSP^®, High Content Profiler^™, iLab^™, inForm^®, IVIS^®, JANUS^®, LabChip^®, LANCE^®, LifeCycle^™, LimsLink^™, Living Image^®, Mantra^™, MicroBeta^2® MultiPROBE^®, NEN^®, Nuance^®, OneSource^®, Opal^®, Opera^®, Operetta^®, Pannoramic^™, Phenoptics^™, plate::explorer^®, Quantulus^™ GCT, Quantum^™, Sciclone^®, Signals^™ for Translational, Specimen Gate^®, Tri-Carb^®, TRIO^™, Twister^®, VariSpec^™, Vectra^®, ViaCord^®, VICTOR^™, VivoTag^®, Volocity^®, Wizard^2®, XRD^™, XRpad^® and Zephyr^®.

Environmental Health Segment

Our Environmental Health segment provides products, services and solutions to facilitate a cleaner and safer environment, including the creation of secure food and consumer products. Our Environmental Health segment serves the environmental, industrial and laboratory services market, and generated revenue of $885.7 million in fiscal year 2015.

Environmental Market:

For the environmental market, we develop and provide analytical technologies, solutions and services that enable our customers to understand the characterization and health of many aspects of our environment, including air, water and soil.

Our technologies are used to detect and help reduce the impact products and industrial processes may have on our environment. For example, we have solutions to help ensure compliance with regulatory standards that protect the purity of the world's water supply by detecting harmful substances, including trace metals such as lead, and organic pollutants such as pesticides and benzene. We provide the tools needed to test functionality, meet quality specifications and safety standards, and innovate for next generation products.

We provide a variety of solutions that confirm food quality, including the level of moisture in grain or detecting the presence of potentially dangerous contaminants, such as lead and mercury in milk. Our solutions can also be used to identify the origin of food products such as olive oil, which helps prevent counterfeiting. Our methods and analyses are transferable throughout the supply chain so our customers are able to keep pace with industry standards as well as governmental regulations and certifications.

Industrial Market:

We provide analytical instrumentation for the industrial market which includes the chemical, electronics, energy, food, lubricant, petrochemical and polymer industries. Our industrial instrumentation is primarily used by customers focusing on quality assurance standards.

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Laboratory Services Market:

We have approximately 1,200 service personnel in our Environmental Health segment to support our customers in the laboratory services market throughout the world and to help them improve the productivity of their labs.

Principal Products:

Our principal products and services for Environmental Health applications include the following:

• The Clarus^® series of gas chromatographs, gas chromatographs/mass spectrometers and the TurboMatrix^™ family of sample-handling equipment are used to identify and quantify compounds in the environmental, forensics, food and beverage, hydrocarbon processing/biofuels, materials testing, pharmaceutical and semiconductor industries.

• The Flexar^™ series of liquid chromatography and mass spectrometry instruments are controlled by the Chromera^® chromatography data system and incorporate an ergonomic industrial design to deliver a wide range of pressure and detector options to address the application needs of high pressure liquid chromatography laboratories. These systems are used to identify and quantify compounds for applications in the environmental, food, beverage, and pharmaceutical industries.

• Our atomic spectroscopy family of instruments, including the AAnalyst^™/PinAAcle^® series of atomic absorption spectrometers, the Optima^® family of inductively coupled plasma (“ICP”) optical emission spectrometers and the NexION^® family of ICP mass spectrometers are used in the environmental and chemical industries, among others, to determine the elemental content of a sample.

• Our infrared spectroscopy family, including the Spectrum Two^™ spectrometer, a compact and portable instrument, is used for high-speed infrared analysis for unknown substance identification, material qualification or concentration determination in fuel and lubricant analysis, polymer analysis and pharmaceutical and environmental applications. This family also includes the Frontier^™ IR and NIR spectrometers designed to provide high sensitivity and flexibility to address a range of sample types and safe drug development, and for determining chemical and material properties in a variety of samples, including consumer products.

• The LAMBDA^™ UV/Vis, a series of spectrophotometers that provide sampling flexibility to enable measuring of a wide range of sample types, including liquids, powders and solid materials, both in regulated industries as well as QC/QA and research applications.

New Products:

New products introduced or acquired for Environmental Health applications in fiscal year 2015 include the following:

• The Altus^® UPLC^® and HPLC advanced liquid chromatography systems providing high throughput and resolution chromatographic separations.

• The PinAAcle^® 500 is a fully-integrated, flame-only atomic absorption spectrometer that can be coupled with a FAST Flame sample automation accessory and is used by laboratories to determine elemental content of a sample.

• The Spotlight^™ FT-IR Microscope System, a high performance microscopy platform, designed for scientists whose samples demand high sensitivity and simple analysis and workflows, for use in product defect analysis, impurity identification, forensics and academic research.

• The LAMBDA^™ 265 365 465 UV/Vis Systems benchtop UV/Vis instruments offering a variety of spectral bandwidths to accommodate a wide range of analytical functions related to materials testing, QA/QC and R&D.

• The Perten^® DA 7250 NIR Analyzer, a diode array based NIR instrument that analyzes samples of grains, flakes, pellet powders, pastes, slurries and liquids and can determine moisture, protein, fat, ash, starch and many other parameters.

• The Torion^® T-9 portable GC/MS, a fast person-portable GC/MS system, enabling rapid detection and actionable results to potentially hazardous and emergency environmental conditions.

Brand Names:

Our Environmental Health segment offers additional products under various brand names, including Altus^®, AAnalyst^™, Chromera^®, Clarus^®, DairyGuard^™, Flexar^™, Frontier^™, HyperDSC^®, LAMBDA^™, NexION^®, OilExpress^™, OilPrep^™, Optima^™, Perten^®, PinAAcle^®, Spectrum^™, Spectrum Two^™, Spotlight^™, Supra-clean^®, Supra-d^™, Supra-poly^®, Torion^® and Ultraspray^®.

Marketing

All of our businesses market their products and services primarily through their own specialized sales forces. As of January 3, 2016, we employed approximately 3,700 sales and service representatives operating in approximately 35 countries and marketing products and services in more than 150 countries. In geographic regions where we do not have a sales and service presence, we utilize distributors to sell our products.

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Raw Materials, Key Components and Supplies

Each of our businesses uses a wide variety of raw materials, key components and supplies that are generally available from alternate sources of supply and in adequate quantities from domestic and foreign sources. We generally have multi-year contracts, with no minimum purchase requirements, with our suppliers. For certain critical raw materials, key components and supplies required for the production of some of our principal products, we have qualified only a limited or a single source of supply. We periodically purchase quantities of some of these critical raw materials in excess of current requirements, in anticipation of future manufacturing needs. With sufficient lead times, we believe we would be able to qualify alternative suppliers for each of these raw materials and key components. See the applicable risk factor in “Item 1A. Risk Factors” for an additional description of this risk.

Intellectual Property

We own numerous United States and foreign patents and have patent applications pending in the United States and abroad. We also license intellectual property rights to and from third parties, some of which bear royalties and are terminable in specified circumstances. In addition to our patent portfolio, we possess a wide array of unpatented proprietary technology and know-how. We also own numerous United States and foreign trademarks and trade names for a variety of our product names, and have applications for the registration of trademarks and trade names pending in the United States and abroad. We believe that patents and other proprietary rights are important to the development of both of our reporting segments, but we also rely upon trade secrets, know-how, continuing technological innovations and licensing opportunities to develop and maintain the competitive position of both of our reporting segments. We do not believe that the loss of any one patent or other proprietary right would have a material adverse effect on our overall business or on any of our reporting segments.

In some cases, we may participate in litigation or other proceedings to defend against or assert claims of infringement, to enforce our patents or our licensors’ patents, to protect our trade secrets, know-how or other intellectual property rights, or to determine the scope and validity of our or third parties’ intellectual property rights. Litigation of this type could result in substantial cost to us and diversion of our resources. An adverse outcome in any litigation or proceeding could subject us to significant liabilities or expenses, require us to cease using disputed intellectual property or cease the sale of a product, or require us to license the disputed intellectual property from third parties.

Backlog

We believe that backlog is not a meaningful indicator of future business prospects for either of our business segments due to the short lead time required for a majority of our sales. Therefore, we believe that backlog information is not material to an understanding of our business.

Competition

Due to the range and diversity of our products and services, we face many different types of competition and competitors. Our competitors range from foreign and domestic organizations, which produce a comprehensive array of goods and services and that may have greater financial and other resources than we do, to more narrowly focused firms producing a limited number of goods or services for specialized market segments.

We compete on the basis of service level, price, technological innovation, operational efficiency, product differentiation, product availability, quality and reliability. Competitors range from multinational organizations with a wide range of products to specialized firms that in some cases have well-established market positions. We expect the proportion of large competitors to increase through the continued consolidation of competitors.

Research and Development

Research and development expenditures were $125.9 million during fiscal year 2015, $121.1 million during fiscal year 2014, and $132.4 million during fiscal year 2013.

We have a broad product base, and we do not expect any single research and development project to have significant costs. We directed our research and development efforts in fiscal years 2015, 2014 and 2013 primarily toward the diagnostics and research markets within our Human Health segment, and the environmental, industrial and laboratory service markets within our Environmental Health segment, in order to help accelerate our growth initiatives. We expect to continue our strong investments in research and development to drive growth during fiscal year 2016, and to continue to emphasize the diagnostics and research markets within our Human Health segment, and the environmental, industrial and laboratory services markets within our Environmental Health segment.

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Environmental Matters

Our operations are subject to various foreign, federal, state and local environmental and safety laws and regulations. These requirements include those governing uses, emissions and discharges of hazardous substances, the remediation of contaminated soil and groundwater, the regulation of radioactive materials, and the health and safety of our employees.

We may have liability under the Comprehensive Environmental Response Compensation and Liability Act and comparable state statutes that impose liability for investigation and remediation of contamination without regard to fault, in connection with materials that we or our former businesses sent to various third-party sites. We have incurred, and expect to incur, costs pursuant to these statutes.

We are conducting a number of environmental investigations and remedial actions at our current and former locations and, along with other companies, have been named a potentially responsible party (“PRP”) for certain waste disposal sites. We accrue for environmental issues in the accounting period that our responsibility is established and when the cost can be reasonably estimated. We have accrued $11.8 million and $12.3 million as of January 3, 2016 and December 28, 2014, respectively, which represents our management’s estimate of the cost of the remediation of known environmental matters, and does not include any potential liability for related personal injury or property damage claims. During fiscal year 2014, we recorded a benefit of $2.3 million for cost reimbursements related to a particular site, of which $1.2 million was for future monitoring and mitigation activities. During fiscal year 2013, we accrued an additional $5.7 million related to a particular site for increased monitoring and mitigation activities, of which $4.6 million was recorded in the fourth quarter of fiscal year 2013. Our environmental accrual is not discounted and does not reflect the recovery of any material amounts through insurance or indemnification arrangements. The cost estimates are subject to a number of variables, including the stage of the environmental investigations, the magnitude of the possible contamination, the nature of the potential remedies, possible joint and several liability, the time period over which remediation may occur, and the possible effects of changing laws and regulations. For sites where we have been named a PRP, our management does not currently anticipate any additional liability to result from the inability of other significant named parties to contribute. We expect that the majority of such accrued amounts could be paid out over a period of up to ten years. As assessment and remediation activities progress at each individual site, these liabilities are reviewed and adjusted to reflect additional information as it becomes available. There have been no environmental problems to date that have had, or are expected to have, a material adverse effect on our consolidated financial statements. While it is possible that a loss exceeding the amounts recorded in the consolidated financial statements may be incurred, the potential exposure is not expected to be materially different from those amounts recorded.

We may become subject to new or unforeseen environmental costs or liabilities. Compliance with new or more stringent laws or regulations, stricter interpretations of existing laws, or the discovery of new contamination could cause us to incur additional costs.

Employees

As of January 3, 2016, we employed approximately 8,000 employees in our continuing operations. Several of our subsidiaries are parties to contracts with labor unions and workers’ councils. As of January 3, 2016, we estimate that we employed an aggregate of approximately 1,600 union and workers’ council employees. We consider our relations with employees to be satisfactory.

Financial Information About Business Segments

We realigned our organization at the beginning of fiscal year 2015 to enable us to both deliver complete solutions targeted towards certain end markets and develop value-added applications and solutions to foster further expansion of those markets. OneSource, our multivendor laboratory service business that serves the life sciences end market, was moved from our Environmental Health segment into our Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of our operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to our operating segments.

We have included the expenses for our corporate headquarters, such as legal, tax, audit, human resources, information technology, and other management and compliance costs, as well as the activity related to the mark-to-market adjustment on postretirement benefit plans, as “Corporate” below. We have a process to allocate and recharge expenses to the reportable segments when these costs are administered or paid by the corporate headquarters based on the extent to which the segment benefited from the expenses. These amounts have been calculated in a consistent manner and are included in our calculations of segment results to internally plan and assess the performance of each segment for all purposes, including determining the compensation of the business leaders for each of our operating segments.

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The table below sets forth revenue and operating income (loss) from continuing operations by operating segment for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Human Health
Product revenue	$	976,451		$	996,767		$	957,022
Service revenue	400,193			387,456			368,872
Total revenue	1,376,644			1,384,223			1,325,894
Operating income from continuing operations(1)	251,743			233,689			168,794
Environmental Health
Product revenue	576,187			543,308			541,048
Service revenue	309,528			309,688			290,644
Total revenue	885,715			852,996			831,692
Operating income from continuing operations	89,544			95,605			84,710
Corporate
Operating loss from continuing operations(2)(3)	(55,153		)	(118,552		)	(25,710		)
Continuing Operations
Product revenue	$	1,552,638		$	1,540,075		$	1,498,070
Service revenue	709,721			697,144			659,516
Total revenue	2,262,359			2,237,219			2,157,586
Operating income from continuing operations	286,134			210,742			227,794
Interest and other expense, net	42,119			41,139			64,110
Income from continuing operations before income taxes	$	244,015		$	169,603		$	163,684

____________________________

⁽¹⁾  Legal costs for a particular case in our Human Health segment were $0.8 million for fiscal year 2015. We also recognized a $0.2 million pre-tax impairment charge in our Human Health segment in fiscal year 2013. Both of these items have been included in operating income from continuing operations in our Human Health segment.

⁽²⁾  Activity related to the mark-to-market adjustment on postretirement benefit plans has been included in the Corporate operating loss from continuing operations, and in the aggregate constituted a pre-tax loss of $12.4 million in fiscal year 2015, a pre-tax loss of $75.9 million in fiscal year 2014, and pre-tax income of $17.6 million in fiscal year 2013.

⁽³⁾  Includes expenses related to litigation with Enzo Biochem, Inc. and Enzo Life Sciences, Inc. (collectively, “Enzo”). Enzo filed a complaint in 2002 that alleged that we separately and together with other defendants breached distributorship and settlement agreements with Enzo, infringed Enzo's patents, engaged in unfair competition and fraud, and committed torts against Enzo by, among other things, engaging in commercial development and exploitation of Enzo's patented products and technology. We entered into a settlement agreement with Enzo dated June 20, 2014 and during fiscal year 2014 paid $7.0 million into a designated escrow account to resolve this matter, of which $3.7 million had been accrued in previous years and $3.3 million was recorded during fiscal year 2014. In addition, $3.4 million of expenses were incurred and recorded in preparation for the trial during fiscal year 2014.

Additional information relating to our reporting segments is as follows for the fiscal years ended:

	Depreciation and Amortization Expense						Capital Expenditures
	January 3, 2016		December 28, 2014		December 29, 2013		January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)						(In thousands)
Human Health	$	81,335	$	92,604	$	100,941	$	16,091	$	16,922	$	22,999
Environmental Health	29,213		22,101		23,556		10,352		10,428		14,433
Corporate	1,459		2,031		2,382		3,189		1,722		1,549
Continuing operations	112,007		116,736		126,879		29,632		29,072		38,981
Discontinued operations	$	—	$	339	$	1,590	$	—	$	213	$	10

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	Total Assets
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
Human Health	$	2,778,835	$	2,737,824	$	2,724,254
Environmental Health	1,358,963		1,361,270		1,182,356
Corporate	28,497		28,482		28,441
Net current and long-term assets of discontinued operations	—		—		5,831
Total assets	$	4,166,295	$	4,127,576	$	3,940,882

Financial Information About Geographic Areas

Both of our reporting segments conduct business in, and derive substantial revenue from, various countries outside the United States. During fiscal year 2015, we had $1,346.0 million in sales from our international operations, representing approximately 60% of our total sales. During fiscal year 2015, we derived approximately 50% of our international sales from our Human Health segment and approximately 50% of our international sales from our Environmental Health segment. We anticipate that sales from international operations will continue to represent a substantial portion of our total sales in the future.

We are exposed to the risks associated with international operations, including exchange rate fluctuations, regional and country-specific political and economic conditions, foreign receivables collection concerns, trade protection measures and import or export licensing requirements, tax risks, staffing and labor law concerns, intellectual property protection risks, and differing regulatory requirements. Additional geographic information is discussed in Note 23 to our consolidated financial statements included in this annual report on Form 10-K.

Item 1A. Risk Factors

The following important factors affect our business and operations generally or affect multiple segments of our business and operations:

If the markets into which we sell our products decline or do not grow as anticipated due to a decline in general economic conditions, or there are uncertainties surrounding the approval of government or industrial funding proposals, or there are unfavorable changes in government regulations, we may see an adverse effect on the results of our business operations.

Our customers include pharmaceutical and biotechnology companies, laboratories, academic and research institutions, public health authorities, private healthcare organizations, doctors and government agencies. Our quarterly revenue and results of operations are highly dependent on the volume and timing of orders received during the quarter. In addition, our revenues and earnings forecasts for future quarters are often based on the expected trends in our markets. However, the markets we serve do not always experience the trends that we may expect. Negative fluctuations in our customers’ markets, the inability of our customers to secure credit or funding, restrictions in capital expenditures, general economic conditions, cuts in government funding or unfavorable changes in government regulations would likely result in a reduction in demand for our products and services. In addition, government funding is subject to economic conditions and the political process, which is inherently fluid and unpredictable. Our revenues may be adversely affected if our customers delay or reduce purchases as a result of uncertainties surrounding the approval of government or industrial funding proposals. Such declines could harm our consolidated financial position, results of operations, cash flows and trading price of our common stock, and could limit our ability to sustain profitability.

Our growth is subject to global economic and political conditions, and operational disruptions at our facilities.

Our business is affected by global economic conditions and the state of the financial markets, particularly as the United States and other countries balance concerns around debt, inflation, growth and budget allocations in their policy initiatives. There can be no assurance that global economic conditions and financial markets will not worsen and that we will not experience any adverse effects that may be material to our consolidated cash flows, results of operations, financial position or our ability to access capital, such as the adverse effects resulting from a prolonged shutdown in government operations both in the United States and internationally. Our business is also affected by local economic environments, including inflation, recession, financial liquidity and currency volatility or devaluation. Political changes, some of which may be disruptive, could interfere with our supply chain, our customers and all of our activities in a particular location.

While we take precautions to prevent production or service interruptions at our global facilities, a major earthquake, fire, flood, power loss or other catastrophic event that results in the destruction or delay of any of our critical business operations

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could result in our incurring significant liability to customers or other third parties, cause significant reputational damage or have a material adverse effect on our business, operating results or financial condition.

Certain of these risks can be hedged to a limited degree using financial instruments, or other measures, and some of these risks are insurable, but any such mitigation efforts are costly and may not always be fully successful. Our ability to engage in such mitigation efforts has decreased or become even more costly as a result of recent market developments.

If we do not introduce new products in a timely manner, we may lose market share and be unable to achieve revenue growth targets.

We sell many of our products in industries characterized by rapid technological change, frequent new product and service introductions, and evolving customer needs and industry standards. Many of the businesses competing with us in these industries have significant financial and other resources to invest in new technologies, substantial intellectual property portfolios, substantial experience in new product development, regulatory expertise, manufacturing capabilities, and established distribution channels to deliver products to customers. Our products could become technologically obsolete over time, or we may invest in technology that does not lead to revenue growth or continue to sell products for which the demand from our customers is declining, in which case we may lose market share or not achieve our revenue growth targets. The success of our new product offerings will depend upon several factors, including our ability to:

• accurately anticipate customer needs,

• innovate and develop new reliable technologies and applications,

• successfully commercialize new technologies in a timely manner,

• price our products competitively, and manufacture and deliver our products in sufficient volumes and on time, and

• differentiate our offerings from our competitors’ offerings.

Many of our products are used by our customers to develop, test and manufacture their products. We must anticipate industry trends and consistently develop new products to meet our customers’ expectations. In developing new products, we may be required to make significant investments before we can determine the commercial viability of the new product. If we fail to accurately foresee our customers’ needs and future activities, we may invest heavily in research and development of products that do not lead to significant revenue. We may also suffer a loss in market share and potential revenue if we are unable to commercialize our technology in a timely and efficient manner.

In addition, some of our licensed technology is subject to contractual restrictions, which may limit our ability to develop or commercialize products for some applications.

We may not be able to successfully execute acquisitions or license technologies, integrate acquired businesses or licensed technologies into our existing businesses, make acquired businesses or licensed technologies profitable, or successfully divest businesses.

We have in the past supplemented, and may in the future supplement, our internal growth by acquiring businesses and licensing technologies that complement or augment our existing product lines, such as our acquisition of Perten Instruments Group AB in the fourth quarter of fiscal year 2014. However, we may be unable to identify or complete promising acquisitions or license transactions for many reasons, such as:

• competition among buyers and licensees,

• the high valuations of businesses and technologies,

• the need for regulatory and other approval, and

• our inability to raise capital to fund these acquisitions.

Some of the businesses we acquire may be unprofitable or marginally profitable, or may increase the variability of our revenue recognition. If, for example, we are unable to successfully commercialize products and services related to significant IPR&D that we have capitalized, we may have to impair the value of such assets. Accordingly, the earnings or losses of acquired businesses may dilute our earnings. For these acquired businesses to achieve acceptable levels of profitability, we would have to improve their management, operations, products and market penetration. We may not be successful in this regard and may encounter other difficulties in integrating acquired businesses into our existing operations, such as incompatible management, information or other systems, cultural differences, loss of key personnel, unforeseen regulatory requirements, previously undisclosed liabilities or difficulties in predicting financial results. Additionally, if we are not successful in selling businesses we seek to divest, the activity of such businesses may dilute our earnings and we may not be able to achieve the

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expected benefits of such divestitures. As a result, our financial results may differ from our forecasts or the expectations of the investment community in a given quarter or over the long term.

To finance our acquisitions, we may have to raise additional funds, either through public or private financings. We may be unable to obtain such funds or may be able to do so only on terms unacceptable to us. We may also incur expenses related to completing acquisitions or licensing technologies, or in evaluating potential acquisitions or technologies, which may adversely impact our profitability.

We may not be successful in adequately protecting our intellectual property.

Patent and trade secret protection is important to us because developing new products, processes and technologies gives us a competitive advantage, although it is time-consuming and expensive. We own many United States and foreign patents and intend to apply for additional patents. Patent applications we file, however, may not result in issued patents or, if they do, the claims allowed in the patents may be narrower than what is needed to protect fully our products, processes and technologies. The expiration of our previously issued patents may cause us to lose a competitive advantage in certain of the products and services we provide. Similarly, applications to register our trademarks may not be granted in all countries in which they are filed. For our intellectual property that is protected by keeping it secret, such as trade secrets and know-how, we may not use adequate measures to protect this intellectual property.

Third parties may also challenge the validity of our issued patents, may circumvent or “design around” our patents and patent applications, or may claim that our products, processes or technologies infringe their patents. In addition, third parties may assert that our product names infringe their trademarks. We may incur significant expense in legal proceedings to protect our intellectual property against infringement by third parties or to defend against claims of infringement by third parties. Claims by third parties in pending or future lawsuits could result in awards of substantial damages against us or court orders that could effectively prevent us from manufacturing, using, importing or selling our products in the United States or other countries.

If we are unable to renew our licenses or otherwise lose our licensed rights, we may have to stop selling products or we may lose competitive advantage.

We may not be able to renew our existing licenses, or licenses we may obtain in the future, on terms acceptable to us, or at all. If we lose the rights to a patented or other proprietary technology, we may need to stop selling products incorporating that technology and possibly other products, redesign our products or lose a competitive advantage. Potential competitors could in-license technologies that we fail to license and potentially erode our market share.

Our licenses typically subject us to various economic and commercialization obligations. If we fail to comply with these obligations, we could lose important rights under a license, such as the right to exclusivity in a market. In some cases, we could lose all rights under the license. In addition, rights granted under the license could be lost for reasons out of our control. For example, the licensor could lose patent protection for a number of reasons, including invalidity of the licensed patent, or a third-party could obtain a patent that curtails our freedom to operate under one or more licenses.

If we do not compete effectively, our business will be harmed.

We encounter aggressive competition from numerous competitors in many areas of our business. We may not be able to compete effectively with all of these competitors. To remain competitive, we must develop new products and periodically enhance our existing products. We anticipate that we may also have to adjust the prices of many of our products to stay competitive. In addition, new competitors, technologies or market trends may emerge to threaten or reduce the value of entire product lines.

Our quarterly operating results could be subject to significant fluctuation, and we may not be able to adjust our operations to effectively address changes we do not anticipate, which could increase the volatility of our stock price and potentially cause losses to our shareholders.

Given the nature of the markets in which we participate, we cannot reliably predict future revenue and profitability. Changes in competitive, market and economic conditions may require us to adjust our operations, and we may not be able to make those adjustments or make them quickly enough to adapt to changing conditions. A high proportion of our costs are fixed, due in part to our research and development and manufacturing costs. As a result, small declines in sales could disproportionately affect our operating results in a quarter. Factors that may affect our quarterly operating results include:

• demand for and market acceptance of our products,

• competitive pressures resulting in lower selling prices,

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• changes in the level of economic activity in regions in which we do business,

• changes in general economic conditions or government funding,

• settlements of income tax audits,

• expenses incurred in connection with claims related to environmental conditions at locations where we conduct or formerly conducted operations,

• differing tax laws and changes in those laws, or changes in the countries in which we are subject to taxation,

• changes in our effective tax rate,

• changes in industries, such as pharmaceutical and biomedical,

• changes in the portions of our revenue represented by our various products and customers,

• our ability to introduce new products,

• our competitors’ announcement or introduction of new products, services or technological innovations,

• costs of raw materials, energy or supplies,

• changes in healthcare or other reimbursement rates paid by government agencies and other third parties for certain of our products and services,

• our ability to realize the benefit of ongoing productivity initiatives,

• changes in the volume or timing of product orders,

• fluctuation in the expense related to the mark-to-market adjustment on postretirement benefit plans,

• changes in our assumptions underlying future funding of pension obligations,

• changes in assumptions used to determine contingent consideration in acquisitions, and

• changes in foreign currency exchange rates.

A significant disruption in third-party package delivery and import/export services, or significant increases in prices for those services, could interfere with our ability to ship products, increase our costs and lower our profitability.

We ship a significant portion of our products to our customers through independent package delivery and import/export companies, including UPS and Federal Express in the United States; TNT, UPS and DHL in Europe; and UPS in Asia. We also ship our products through other carriers, including national trucking firms, overnight carrier services and the United States Postal Service. If one or more of the package delivery or import/export providers experiences a significant disruption in services or institutes a significant price increase, we may have to seek alternative providers and the delivery of our products could be prevented or delayed. Such events could cause us to incur increased shipping costs that could not be passed on to our customers, negatively impacting our profitability and our relationships with certain of our customers.

Disruptions in the supply of raw materials, certain key components and other goods from our limited or single source suppliers could have an adverse effect on the results of our business operations, and could damage our relationships with customers.

The production of our products requires a wide variety of raw materials, key components and other goods that are generally available from alternate sources of supply. However, certain critical raw materials, key components and other goods required for the production and sale of some of our principal products are available from limited or single sources of supply. We generally have multi-year contracts with no minimum purchase requirements with these suppliers, but those contracts may not fully protect us from a failure by certain suppliers to supply critical materials or from the delays inherent in being required to change suppliers and, in some cases, validate new raw materials. Such raw materials, key components and other goods can usually be obtained from alternative sources with the potential for an increase in price, decline in quality or delay in delivery. A prolonged inability to obtain certain raw materials, key components or other goods is possible and could have an adverse effect on our business operations, and could damage our relationships with customers.

We are subject to the rules of the Securities and Exchange Commission requiring disclosure as to whether certain materials known as conflict minerals (tantalum, tin, gold, tungsten and their derivatives), which may be contained in our products are mined from the Democratic Republic of the Congo and adjoining countries. As a result of these rules, we may incur additional costs in complying with the disclosure requirements and in satisfying those customers who require that the components used in our products be certified as conflict-free, and the potential lack of availability of these materials at competitive prices could increase our production costs.

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The manufacture and sale of products and services may expose us to product liability claims for which we could have substantial liability.

We face an inherent business risk of exposure to product liability claims if our products, services or product candidates are alleged or found to have caused injury, damage or loss. We may in the future be unable to obtain insurance with adequate levels of coverage for potential liability on acceptable terms or claims of this nature may be excluded from coverage under the terms of any insurance policy that we can obtain. If we are unable to obtain such insurance or the amounts of any claims successfully brought against us substantially exceed our coverage, then our business could be adversely impacted.

If we fail to maintain satisfactory compliance with the regulations of the United States Food and Drug Administration and other governmental agencies in the United States and abroad, we may be forced to recall products and cease their manufacture and distribution, and we could be subject to civil, criminal or monetary penalties.

Our operations are subject to regulation by different state and federal government agencies in the United States and other countries, as well as to the standards established by international standards bodies. If we fail to comply with those regulations or standards, we could be subject to fines, penalties, criminal prosecution or other sanctions. Some of the products produced by our Human Health segment are subject to regulation by the United States Food and Drug Administration and similar foreign and domestic agencies. These regulations govern a wide variety of product activities, from design and development to labeling, manufacturing, promotion, sales and distribution. If we fail to comply with those regulations or standards, we may have to recall products, cease their manufacture and distribution, and may be subject to fines or criminal prosecution.

We are also subject to a variety of laws, regulations and standards that govern, among other things, the importation and exportation of products, the handling, transportation and manufacture of toxic or hazardous substances, and our business practices in the United States and abroad such as anti-bribery, anti-corruption and competition laws. This requires that we devote substantial resources to maintaining our compliance with those laws, regulations and standards. A failure to do so could result in the imposition of civil, criminal or monetary penalties having a material adverse effect on our operations.

Changes in governmental regulations may reduce demand for our products or increase our expenses.

We compete in markets in which we or our customers must comply with federal, state, local and foreign regulations, such as environmental, health and safety, and food and drug regulations. We develop, configure and market our products to meet customer needs created by these regulations. Any significant change in these regulations could reduce demand for our products or increase our costs of producing these products.

The healthcare industry is highly regulated and if we fail to comply with its extensive system of laws and regulations, we could suffer fines and penalties or be required to make significant changes to our operations which could have a significant adverse effect on the results of our business operations.

The healthcare industry, including the genetic screening market, is subject to extensive and frequently changing international and United States federal, state and local laws and regulations. In addition, legislative provisions relating to healthcare fraud and abuse, patient privacy violations and misconduct involving government insurance programs provide federal enforcement personnel with substantial powers and remedies to pursue suspected violations. We believe that our business will continue to be subject to increasing regulation as the federal government continues to strengthen its position on healthcare matters, the scope and effect of which we cannot predict. If we fail to comply with applicable laws and regulations, we could suffer civil and criminal damages, fines and penalties, exclusion from participation in governmental healthcare programs, and the loss of various licenses, certificates and authorizations necessary to operate our business, as well as incur liabilities from third-party claims, all of which could have a significant adverse effect on our business.

Economic, political and other risks associated with foreign operations could adversely affect our international sales and profitability.

Because we sell our products worldwide, our businesses are subject to risks associated with doing business internationally. Our sales originating outside the United States represented the majority of our total revenue in fiscal year 2015. We anticipate that sales from international operations will continue to represent a substantial portion of our total revenue. In addition, many of our manufacturing facilities, employees and suppliers are located outside the United States. Accordingly, our future results of operations could be harmed by a variety of factors, including:

• changes in actual, or from projected, foreign currency exchange rates,

• changes in a country’s or region’s political or economic conditions, particularly in developing or emerging markets,

• longer payment cycles of foreign customers and timing of collections in foreign jurisdictions,

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• embargoes, trade protection measures and import or export licensing requirements,

• policies in foreign countries benefiting domestic manufacturers or other policies detrimental to companies headquartered in the United States,

• differing tax laws and changes in those laws, or changes in the countries in which we are subject to tax,

• adverse income tax audit settlements or loss of previously negotiated tax incentives,

• differing business practices associated with foreign operations,

• difficulty in transferring cash between international operations and the United States,

• difficulty in staffing and managing widespread operations,

• differing labor laws and changes in those laws,

• differing protection of intellectual property and changes in that protection,

• increasing global enforcement of anti-bribery and anti-corruption laws, and

• differing regulatory requirements and changes in those requirements.

If we do not retain our key personnel, our ability to execute our business strategy will be limited.

Our success depends to a significant extent upon the continued service of our executive officers and key management and technical personnel, particularly our experienced engineers and scientists, and on our ability to continue to attract, retain, and motivate qualified personnel. The competition for these employees is intense. The loss of the services of key personnel could have a material adverse effect on our operating results. In addition, there could be a material adverse effect on us should the turnover rates for key personnel increase significantly or if we are unable to continue to attract qualified personnel. We do not maintain any key person life insurance policies on any of our officers or employees.

Our success also depends on our ability to execute leadership succession plans. The inability to successfully transition key management roles could have a material adverse effect on our operating results.

If we experience a significant disruption in, or breach in security of our information technology systems, or inadvertent transfer of information, or if we fail to implement new systems, software and technologies successfully, our business could be adversely affected.

We rely on several centralized information technology systems throughout our company to develop, manufacture and provide products and services, keep financial records, process orders, manage inventory, process shipments to customers and operate other critical functions. Our information technology systems may be susceptible to damage, disruptions or shutdowns due to power outages, hardware failures, computer viruses, attacks by computer hackers, telecommunication failures, user errors, catastrophes or other unforeseen events. If we were to experience a prolonged system disruption in the information technology systems that involve our interactions with customers or suppliers, it could result in the loss of sales and customers and significant incremental costs, which could adversely affect our business. In addition, security breaches of our information technology systems or inadvertent transfer of information could result in the misappropriation or unauthorized disclosure of confidential information belonging to us or to our employees, partners, customers or suppliers, which could result in our suffering significant financial or reputational damage.

We have a substantial amount of outstanding debt, which could impact our ability to obtain future financing and limit our ability to make other expenditures in the conduct of our business.

Our debt level and related debt service obligations could have negative consequences, including:

• requiring us to dedicate significant cash flow from operations to the payment of principal and interest on our debt, which reduces the funds we have available for other purposes, such as acquisitions and stock repurchases;

• reducing our flexibility in planning for or reacting to changes in our business and market conditions; and

• exposing us to interest rate risk since a portion of our debt obligations are at variable rates.

In addition, we may incur additional indebtedness in the future to meet future financing needs. If we add new debt, the risks described above could increase.

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Restrictions in our senior unsecured revolving credit facility and other debt instruments may limit our activities.

Our senior unsecured revolving credit facility and our 5% senior unsecured notes due in 2021 (the "2021 Notes") include restrictive covenants that limit our ability to engage in activities that could otherwise benefit our company. These include restrictions on our ability and the ability of our subsidiaries to:

• pay dividends on, redeem or repurchase our capital stock,

• sell assets,

• incur obligations that restrict our subsidiaries’ ability to make dividend or other payments to us,

• guarantee or secure indebtedness,

• enter into transactions with affiliates, and

• consolidate, merge or transfer all, or substantially all, of our assets and the assets of our subsidiaries on a consolidated basis.

We are also required to meet specified financial ratios under the terms of certain of our existing debt instruments. Our ability to comply with these financial restrictions and covenants is dependent on our future performance, which is subject to prevailing economic conditions and other factors, including factors that are beyond our control, such as foreign exchange rates, interest rates, changes in technology and changes in the level of competition. In addition, if we are unable to maintain our investment grade credit rating, our borrowing costs would increase and we would be subject to different and potentially more restrictive financial covenants under some of our existing debt instruments.

Any future indebtedness that we incur may include similar or more restrictive covenants. Our failure to comply with any of the restrictions in our senior unsecured revolving credit facility, our 2021 Notes or any future indebtedness may result in an event of default under those debt instruments, which could permit acceleration of the debt under those debt instruments, and require us to prepay that debt before its scheduled due date under certain circumstances.

Our results of operations will be adversely affected if we fail to realize the full value of our intangible assets.

As of January 3, 2016, our total assets included $2.8 billion of net intangible assets. Net intangible assets consist principally of goodwill associated with acquisitions and costs associated with securing patent rights, trademark rights, customer relationships, core technology and technology licenses, net of accumulated amortization. We test certain of these items—specifically all of those that are considered “non-amortizing”—at least annually for potential impairment by comparing the carrying value to the fair market value of the reporting unit to which they are assigned. All of our amortizing intangible assets are also evaluated for impairment should events occur that call into question the value of the intangible assets.

Adverse changes in our business, adverse changes in the assumptions used to determine the fair value of our reporting units, or the failure to grow our Human Health and Environmental Health segments may result in impairment of our intangible assets, which could adversely affect our results of operations.

Our share price will fluctuate.

Over the last several years, stock markets in general and our common stock in particular have experienced significant price and volume volatility. Both the market price and the daily trading volume of our common stock may continue to be subject to significant fluctuations due not only to general stock market conditions but also to a change in sentiment in the market regarding our operations and business prospects. In addition to the risk factors discussed above, the price and volume volatility of our common stock may be affected by:

• operating results that vary from our financial guidance or the expectations of securities analysts and investors,

• the financial performance of the major end markets that we target,

• the operating and securities price performance of companies that investors consider to be comparable to us,

• announcements of strategic developments, acquisitions and other material events by us or our competitors, and

• changes in global financial markets and global economies and general market conditions, such as interest or foreign exchange rates, commodity and equity prices and the value of financial assets.

Dividends on our common stock could be reduced or eliminated in the future.

On October 29, 2015, we announced that our Board had declared a quarterly dividend of $0.07 per share for the fourth quarter of fiscal year 2015 that was paid in February 2016. On January 28, 2016, we announced that our Board had declared a

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quarterly dividend of $0.07 per share for the first quarter of fiscal year 2016 that will be payable in May 2016. In the future, our Board may determine to reduce or eliminate our common stock dividend in order to fund investments for growth, repurchase shares or conserve capital resources.

Item 1B. Unresolved Staff Comments

Not applicable.

Item 2. Properties

As of January 3, 2016, our continuing operations occupied 2,539,386 square feet in over 126 locations. We own 318,601 square feet of this space, and lease the balance. We conduct our operations in manufacturing and assembly plants, research laboratories, administrative offices and other facilities located in 15 states and 36 foreign countries.

Facilities outside of the United States account for approximately 1,548,497 square feet of our owned and leased property, or approximately 60% of our total occupied space.

Our real property leases are both short-term and long-term. We believe that our properties are well-maintained and are adequate for our present requirements.

The following table indicates, as of January 3, 2016, the approximate square footage of real property owned and leased attributable to the continuing operations of our reporting segments:

	Owned	Leased	Total
	(In square feet)
Human Health	305,620	1,177,378	1,482,998
Environmental Health	12,981	983,100	996,081
Corporate offices	—	60,307	60,307
Continuing operations	318,601	2,220,785	2,539,386

Item 3. Legal Proceedings

We are subject to various claims, legal proceedings and investigations covering a wide range of matters that arise in the ordinary course of our business activities. Although we have established accruals for potential losses that we believe are probable and reasonably estimable, in the opinion of our management, based on its review of the information available at this time, the total cost of resolving these contingencies at January 3, 2016 should not have a material adverse effect on our consolidated financial statements included in this annual report on Form 10-K. However, each of these matters is subject to uncertainties, and it is possible that some of these matters may be resolved unfavorably to us.

Item 4. Mine Safety Disclosures

Not applicable.

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EXECUTIVE OFFICERS OF THE REGISTRANT

Listed below are our executive officers as of March 1, 2016. No family relationship exists between any one of these executive officers and any of the other executive officers or directors.

Name	Position	Age
Robert F. Friel	Chairman, Chief Executive Officer and President	60
Frank A. Wilson	Senior Vice President and Chief Financial Officer	57
Joel S. Goldberg	Senior Vice President, Administration, General Counsel and Secretary	47
James Corbett	Senior Vice President and President, Human Health	53
Jon DiVincenzo	Senior Vice President and President, Environmental Health	50
Daniel R. Tereau	Senior Vice President, Strategy and Business Development	49
Andrew Okun	Vice President and Chief Accounting Officer	46

Robert F. Friel, 60. Mr. Friel currently serves as our Chairman, Chief Executive Officer and President. Prior to being appointed President and Chief Executive Officer in February 2008 and Chairman in April 2009, Mr. Friel had served as President and Chief Operating Officer since August 2007, and as Vice Chairman and President of our Life and Analytical Sciences unit since January 2006. Mr. Friel was our Executive Vice President and Chief Financial Officer, with responsibility for business development and information technology in addition to his oversight of the finance functions, from October 2004 until January 2006. Mr. Friel joined PerkinElmer in February 1999 as our Senior Vice President and Chief Financial Officer. Prior to joining PerkinElmer, he held several senior management positions with AlliedSignal, Inc., now Honeywell International. He received a Bachelor of Arts degree in economics from Lafayette College and a Master of Science degree in taxation from Fairleigh Dickinson University. Mr. Friel is currently a director of NuVasive, Inc. and Xylem Inc., and previously served as a director of CareFusion Corporation until its acquisition by Becton, Dickinson and Company in March 2015. He also previously served on the national board of trustees for the March of Dimes Foundation.

Frank A. Wilson, 57. Mr. Wilson joined us in May 2009 as our Senior Vice President and Chief Financial Officer. Prior to joining us, Mr. Wilson held key financial and business management roles over 12 years at the Danaher Corporation, including Corporate Vice President of Investor Relations; Group Vice President of Business Development; Group Vice President of Finance for Danaher Motion Group; President of Gems Sensors; and Group Vice President of Finance for the Industrial Controls Group. Mr. Wilson is currently a director of Sparton Corporation. Previously, Mr. Wilson worked for several years at AlliedSignal Inc., now Honeywell International, where he last served as Vice President of Finance and Chief Financial Officer for Commercial Aviations Systems. His earlier experience includes PepsiCo Inc. in financial and controllership positions of increasing responsibility, E.F. Hutton and Company, and KPMG Peat Marwick. Mr. Wilson received a Bachelor’s degree in business administration from Baylor University and is also a Certified Public Accountant.

Joel S. Goldberg, 47. Mr. Goldberg joined us as our Senior Vice President, General Counsel and Secretary in July 2008. Prior to joining us, Mr. Goldberg spent seven years at Millennium Pharmaceuticals, Inc., where he most recently served as Vice President, Chief Compliance Officer and Secretary. During his seven years with Millennium, he focused in the areas of mergers and acquisitions, strategic alliances, investment and financing transactions, securities and healthcare related compliance, and employment law. Previously, he was an associate of the law firm Edwards & Angell, LLP. Mr. Goldberg graduated from the Northeastern University School of Law and also holds a Master of Business Administration from Northeastern University. He completed his undergraduate degree at the University of Wisconsin-Madison.

James Corbett, 53. Mr. Corbett was appointed President of our Human Health business in March 2014 and has been a Senior Vice President and officer of PerkinElmer since February 2012. Mr. Corbett was appointed President of the Diagnostics business in May 2010 and was appointed President of the Life Sciences and Technology business in May 2013. Mr. Corbett joined the Company in October of 2007 through our acquisition of ViaCord, where he served as President. Prior to joining ViaCord, he co-founded CADx Systems, a company focused on the oncology market, where he held the position of Executive Vice President and Director with responsibility for worldwide sales and marketing, technical support and business development. Following the 2004 acquisition of CADx by iCAD, Inc., he was named Chief Commercial Officer. In addition, Mr. Corbett worked for Abbott Laboratories for 14 years in a variety of sales and marketing positions including Worldwide Marketing Manager for Abbott Diagnostics Immunoassay Systems and Region Manager for Abbott Diagnostics. Mr. Corbett holds a Bachelor of Science degree in business from the University of Massachusetts. Mr. Corbett also serves on the national board of trustees for the March of Dimes Foundation.

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Jon DiVincenzo, 50. Mr. DiVincenzo was appointed Senior Vice President and President of our Environmental Health business in November 2013. Prior to joining us, Mr. DiVincenzo served as the President and Chief Executive Officer of Enzymatics, now a part of Qiagen, a provider of molecular biology reagents, from 2012 to 2013. He previously worked at Millipore for 18 years, where he last served as President of the Bioscience division and also led the company's Lab Water business. Mr. DiVincenzo holds a Bachelor of Science in mechanical engineering from Northeastern University where he currently serves on the College of Engineering's Advisory Council. He is also a member of the Corporate Executive Board for Innovation and member of the Board of Directors of the Analytical Life Sciences and Diagnostics Association.

Daniel R. Tereau, 49. Mr. Tereau was appointed Senior Vice President, Strategy and Business Development in January 2016 and has been a Vice President, Strategy and Business Development since he joined PerkinElmer in April 2014. He is responsible for leading PerkinElmer’s overall strategic planning, business development, and corporate marketing activities. Prior to joining PerkinElmer, Mr. Tereau served on Novartis’ leadership team as Senior Vice President and Global Head of Strategy, Business Development and Licensing, where he was responsible for global strategy and business development for the Consumer Health division. Mr. Tereau held similar roles at Thermo Fisher Scientific and GE Healthcare. Mr. Tereau holds a Bachelor of Science degree in finance from Ferris State University and a Juris Doctorate from Wayne State University, and earned his Master of Business Administration from Yale University.  He also serves on the Board of Directors for SeraCare Life Sciences, Inc.

Andrew Okun, 46. Mr. Okun serves as our Vice President and Chief Accounting Officer, a position in which he has served since April 2011. Mr. Okun joined us in 2001 and has served in financial and controllership positions of increasing responsibility, including Director of Finance for the Optoelectronics business from 2001 through 2005, Vice President of Finance from 2005 through 2009 and Vice President and Corporate Controller from 2009 through 2011. Prior to joining us, Mr. Okun most recently worked for Honeywell International as a Site Controller as well as for Coopers & Lybrand. Mr. Okun is a Certified Public Accountant and earned his Master of Business Administration from the University of Virginia. He completed his undergraduate degree at the University of Santa Barbara.

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PART II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market Price of Common Stock

Our common stock is listed and traded on the New York Stock Exchange. The following table sets forth the high and low per share closing sale prices for our common stock on that exchange for each quarter in fiscal years 2015 and 2014.

	2015 Fiscal Quarters
	First		Second		Third		Fourth
High		$51.09		$54.29		$53.00		$54.36
Low	42.66		50.30		44.45		46.74
	2014 Fiscal Quarters
	First		Second		Third		Fourth
High		$46.21		$47.52		$48.25		$45.76
Low	40.94		41.97		43.51		39.83

As of February 25, 2016, we had approximately 4,263 holders of record of our common stock.

Stock Repurchase Program

The following table provides information with respect to the shares of common stock repurchased by us for the periods indicated.

	Issuer Repurchases of Equity Securities
Period	Total Number of Shares Purchased(1)(2)	Average Price Paid Per Share		Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
October 5, 2015—November 1, 2015	496	$	47.16	—	5,900,000
November 2, 2015—November 29, 2015	1,523	50.96		—	5,900,000
November 30, 2015—January 3, 2016	3,552	50.80		—	5,900,000
Activity for quarter ended January 3, 2016	5,571	$	50.52	—	5,900,000

____________________________

⁽¹⁾  On October 23, 2014, our Board authorized us to repurchase up to 8.0 million shares of common stock under a stock repurchase program (the "Repurchase Program"). The Repurchase Program will expire on October 23, 2016 unless terminated earlier by our Board, and may be suspended or discontinued at any time. During the fourth quarter of fiscal year 2015, we did not repurchase shares of common stock in the open market. As of January 3, 2016, 5.9 million shares remained available for repurchase under the Repurchase Program. From January 4, 2016 through February 25, 2016, we repurchased 2.4 million shares of common stock in the open market at an aggregate cost of $109.7 million, including commissions, under the Repurchase Program.

⁽²⁾  Our Board has authorized us to repurchase shares of common stock to satisfy minimum statutory tax withholding obligations in connection with the vesting of restricted stock awards and restricted stock unit awards granted pursuant to our equity incentive plans and to satisfy obligations related to the exercise of stock options made pursuant to our equity incentive plans. During the fourth quarter of fiscal year 2015, we repurchased 5,571 shares of common stock for this purpose. The repurchased shares have been reflected as additional authorized but unissued shares, with the payments reflected in common stock and capital in excess of par value.

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Dividends

During fiscal years 2015 and 2014, we declared regular quarterly cash dividends on our common stock. The table below sets forth the cash dividends per share that we declared on our common stock during each of those fiscal years, by quarter.

	2015 Fiscal Quarters								2015 Total
	First		Second		Third		Fourth
Cash dividends declared per common share	$	0.07	$	0.07	$	0.07	$	0.07	$	0.28
	2014 Fiscal Quarters								2014 Total
	First		Second		Third		Fourth
Cash dividends declared per common share	$	0.07	$	0.07	$	0.07	$	0.07	$	0.28

While it is our current intention to pay regular quarterly cash dividends, any decision to pay future cash dividends will be made by our Board and will depend on our earnings, financial condition and other factors. Our Board may reduce or eliminate our common stock dividend in order to fund investments for growth, repurchase shares or conserve capital resources. For further information related to our stockholders’ equity, see Note 19 to our consolidated financial statements included in this annual report on Form 10-K.

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Stock Performance Graph

Set forth below is a line graph comparing the cumulative total shareholder return on our common stock against the cumulative total return of the S&P Composite-500 Index and a Peer Group Index for the five fiscal years from January 2, 2011 to January 3, 2016. Our Peer Group Index consists of Affymetrix, Inc., Agilent Technologies Inc., Thermo Fisher Scientific Inc., and Waters Corporation.

Comparison of Five-Year Cumulative Total Return

PerkinElmer, Inc. Common Stock, S&P Composite-500 and

Peer Group Index

TOTAL RETURN TO SHAREHOLDERS

(Includes reinvestment of dividends)

	02-Jan-11		01-Jan-12		30-Dec-12		29-Dec-13		28-Dec-14		3-Jan-16
PerkinElmer, Inc.	$	100.00	$	78.38	$	122.92	$	164.45	$	177.14	$	216.58
S&P 500 Index	$	100.00	$	102.11	$	118.45	$	156.82	$	178.29	$	180.75
Peer Group	$	100.00	$	84.52	$	107.65	$	169.08	$	189.24	$	209.25

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Item 6. Selected Financial Data

The following table sets forth selected historical financial information as of and for each of the fiscal years in the five-year period ended January 3, 2016. We derived the selected historical financial information for the balance sheets for the fiscal years ended January 3, 2016 and December 28, 2014 and the statement of operations for each of the fiscal years in the three-year period ended January 3, 2016 from our audited consolidated financial statements which are included elsewhere in this annual report on Form 10-K. We derived the selected historical financial information for the statements of operations for the fiscal years ended December 30, 2012 and January 1, 2012 from our audited consolidated financial statements which are not included in this annual report on Form 10-K. We derived the selected historical financial information for the balance sheets as of December 29, 2013, December 30, 2012 and January 1, 2012 from our audited consolidated financial statements which are not included in this annual report on Form 10-K. We adjusted the information in the consolidated financial statements, where appropriate, to account for the adoption of new guidance related to debt issuance costs and the provision for bad debts applicable for certain of our health care businesses, and for discontinued operations.

Our historical financial information may not be indicative of our future results of operations or financial position.

The following selected historical financial information should be read together with our “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements, including the related notes, included elsewhere in this annual report on Form 10-K.

	Fiscal Years Ended
	January 3, 2016			December 28, 2014			December 29, 2013			December 30, 2012			January 1, 2012
	(In thousands, except per share data)
Statement of Operations Data:
Revenue	$	2,262,359		$	2,237,219		$	2,157,586		$	2,105,188		$	1,906,190
Operating income from continuing operations(1)(2)(3)	286,134			210,742			227,794			103,120			94,777
Interest and other expense, net(4)	42,119			41,139			64,110			47,956			26,774
Income from continuing operations before income taxes	244,015			169,603			163,684			55,164			68,003
Income from continuing operations, net of income taxes(5)	212,688			161,166			174,267			71,289			3,383
(Loss on) income from discontinued operations and dispositions, net of income taxes(6)	(263		)	(3,388		)	(7,055		)	(1,349		)	4,272
Net income	$	212,425		$	157,778		$	167,212		$	69,940		$	7,655
Basic earnings per share:
Continuing operations	$	1.89		$	1.43		$	1.55		$	0.63		$	0.03
Discontinued operations	0.00			(0.03		)	(0.06		)	(0.01		)	0.04
Net income	$	1.89		$	1.40		$	1.49		$	0.61		$	0.07
Diluted earnings per share:
Continuing operations	$	1.88		$	1.42		$	1.54		$	0.62		$	0.03
Discontinued operations	0.00			(0.03		)	(0.06		)	(0.01		)	0.04
Net income	$	1.87		$	1.39		$	1.47		$	0.61		$	0.07
Weighted-average common shares outstanding:
Basic:	112,507			112,593			112,254			113,728			112,976
Diluted:	113,315			113,739			113,503			114,860			113,864
Cash dividends declared per common share	$	0.28		$	0.28		$	0.28		$	0.28		$	0.28

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	As of
	January 3, 2016		December 28, 2014		December 29, 2013		December 30, 2012		January 1, 2012
	(In thousands)
Balance Sheet Data:
Total assets(6)(7)	$	4,166,295	$	4,127,576	$	3,940,882	$	3,894,451	$	3,847,130
Short-term debt	1,123		1,075		2,624		1,772		—
Long-term debt(4)(7)(8)	1,011,762		1,045,393		926,274		931,513		936,397
Stockholders’ equity(1)(9)	2,110,441		2,042,102		1,994,487		1,939,812		1,842,216
Common shares outstanding(9)	112,034		112,481		112,626		115,036		113,157

____________________________

⁽¹⁾  Activity related to the mark-to-market adjustment on postretirement benefit plans was a pre-tax loss of $12.4 million in fiscal year 2015, a pre-tax loss of $75.9 million in fiscal year 2014, pre-tax income of $17.6 million in fiscal year 2013, a pre-tax loss of $31.8 million in fiscal year 2012 and a pre-tax loss of $67.9 million in fiscal year 2011.

⁽²⁾  We recorded pre-tax restructuring and contract termination charges, net, of $13.6 million in fiscal year 2015, $13.4 million in fiscal year 2014, $33.9 million in fiscal year 2013, $25.1 million in fiscal year 2012 and $13.4 million in fiscal year 2011.

⁽³⁾  In fiscal year 2013, we recorded pre-tax impairment charges of $0.2 million as the carrying amounts of certain long-lived assets were not recoverable and exceeded their fair value. In fiscal year 2012, we recorded pre-tax impairment charges of $74.2 million as a result of a review of certain of our trade names within our portfolio as part of a realignment of our marketing strategy. In fiscal year 2011, we recorded a pre-tax impairment charge of $3.0 million for the full impairment of license agreements that we no longer intend to use.

⁽⁴⁾  In fiscal years 2015, 2014, 2013, 2012 and 2011, interest expense was $38.0 million, $36.3 million, $49.9 million, $45.8 million and $24.8 million, respectively. In fiscal year 2013, we redeemed all of our 6% senior unsecured notes due in 2015 (the “2015 Notes”) that included a prepayment premium of $11.1 million, which is included in other expense, net, the write-off of $2.8 million for the remaining unamortized derivative losses for previously settled cash flow hedges, which is included in interest expense, and the write-off of $0.2 million for the remaining deferred debt issuance costs, which is included in interest expense. During fiscal year 2011, acquisition related financing costs added an additional expense of $3.1 million, which is included in interest expense, and interest expense was lower due to less debt outstanding throughout the year.

⁽⁵⁾  The fiscal year 2015 effective tax rate on continuing operations of 12.8% was primarily due to higher income in higher tax rate jurisdictions, partially offset by a tax benefit of $7.2 million related to discrete items. The fiscal year 2014 effective tax rate on continuing operations of 5.0% was primarily due to income in lower tax rate jurisdictions, partially offset by losses in higher tax rate jurisdictions and a tax benefit of $7.0 million related to discrete items. The benefit from income taxes in fiscal year 2013 was primarily due to a tax benefit of $24.0 million related to discrete items and losses in higher tax rate jurisdictions, offset by a provision from income taxes related to profits in lower tax rate jurisdictions. The benefit from income taxes in fiscal year 2012 was primarily due to a tax benefit of $7.0 million related to discrete items and losses in higher tax rate jurisdictions, which included pre-tax impairment charges of $74.2 million, partially offset by a provision from income taxes related to profits in lower tax rate jurisdictions. The fiscal year 2011 effective tax rate on continuing operations of 95.0% was primarily due to the fiscal year 2011 provision of $79.7 million related to our planned $350.0 million repatriation of previously unremitted earnings.

⁽⁶⁾  In May 2014, we approved the shutdown of our microarray-based diagnostic testing laboratory in the United States. The shutdown resulted in a $0.1 million net pre-tax loss primarily related to the disposal of fixed assets, which was partially offset by the sale of a building in fiscal year 2014.

⁽⁷⁾  In fiscal year 2015, we adopted Accounting Standards Update No. 2015-03, Interest - Imputation of Interest - Simplifying the Presentation of Debt Issuance Costs, which caused the reclassification of debt issuance costs of $6.5 million in fiscal year 2014, $5.8 million in 2013, $7.3 million in fiscal year 2012 and $8.5 million in fiscal year 2011 from other long-term assets to long-term debt.

⁽⁸⁾  In October 2011, we issued and sold ten-year senior notes at a rate of 5% with a face value of $500.0 million and received $496.9 million of net proceeds from the issuance. The debt, which matures in November 2021, is unsecured.

⁽⁹⁾  In fiscal year 2015, we repurchased in the open market 1.5 million shares of our common stock at an aggregate cost of $72.0 million, including commissions under the Repurchase Program. In fiscal year 2014, we repurchased in the open market 1.4 million shares of our common stock at an aggregate cost of $61.3 million, including commissions under both the Repurchase Program and a stock repurchase program originally announced in October 2012 that expired in October 2014 (the "Former Repurchase Program"). In fiscal year 2013, we repurchased in the open market 3.6 million shares of our common stock at an aggregate cost of $123.0 million, including commissions, under the Former Repurchase Program. In fiscal year 2012, we did not repurchase any shares of our common. In fiscal year 2011, we repurchased in the open market 4.0 million shares of our common stock at an aggregate cost of $107.8 million,

26

including commissions under our stock repurchase program originally announced in October 2008 that expired in October 2012. The repurchased shares have been reflected as additional authorized but unissued shares, with the payments reflected in common stock and capital in excess of par value.

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Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations

This annual report on Form 10-K, including the following management’s discussion and analysis, contains forward-looking information that you should read in conjunction with the consolidated financial statements and notes to consolidated financial statements that we have included elsewhere in this annual report on Form 10-K. For this purpose, any statements contained in this report that are not statements of historical fact may be deemed to be forward-looking statements. Words such as “believes,” “plans,” “anticipates,” “expects,” “will” and similar expressions are intended to identify forward-looking statements. Our actual results may differ materially from the plans, intentions or expectations we disclose in the forward-looking statements we make. We have included important factors above under the heading “Risk Factors” in Item 1A above that we believe could cause actual results to differ materially from the forward-looking statements we make. We are not obligated to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Accounting Period

Our fiscal year ends on the Sunday nearest December 31. We report fiscal years under a 52/53 week format and as a result, certain fiscal years will contain 53 weeks. The fiscal year ended January 3, 2016 ("fiscal year 2015") included 53 weeks. The additional week in fiscal year 2015 has been reflected in our third quarter. Each of the fiscal years ended December 28, 2014 ("fiscal year 2014") and December 29, 2013 ("fiscal year 2013") included 52 weeks. The fiscal year ending January 1, 2017 will include 52 weeks.

Overview of Fiscal Year 2015

We realigned our organization at the beginning of fiscal year 2015 to enable us to both deliver complete solutions targeted towards certain end markets and develop value-added applications and solutions to foster further expansion of those markets. OneSource, our multivendor laboratory service business that serves the life sciences end market, was moved from our Environmental Health segment into our Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of our operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to our operating segments.

As a result of the realignment, we reallocated goodwill from our Environmental Health segment to our Human Health segment based on the relative fair value, determined using the income approach, of the OneSource business within the historical Environmental Health segment. The realignment resulted in $41.2 million of goodwill being reallocated from our Environmental Health segment to our Human Health segment as of December 28, 2014.

During fiscal year 2015, we continued to see good performance from acquisitions, investments in our ongoing technology and sales and marketing initiatives. Our overall revenue in fiscal year 2015increased $25.1 million, or 1%, as compared to fiscal year 2014, reflecting an increase of $32.7 million, or 4%, in our Environmental Health segment revenue, which was partially offset by a decrease of $7.6 million, or 1%, in our Human Health segment revenue. The increase in our Environmental Health segment revenue during fiscal year 2015 was primarily due to revenue from our acquisition of Perten Instruments Group AB ("Perten") in December 2014, as well as increased demand in our laboratory services business, which was partially offset by unfavorable impacts from foreign currency. During fiscal year 2015, our Human Health segment revenue decreased due to unfavorable impacts from foreign currency, however we experienced increased demand for our OneSource laboratory service and informatics businesses, within our research market, as well as increased demand in our newborn and infectious disease screening business within our diagnostics market. In addition, new product introductions within our research market, such as the Opera Phenix, increased revenue in our Human Health segment.

In our Human Health segment, excluding the unfavorable impact of foreign currency exchange, we experienced growth during fiscal year 2015 in several of our products within both our research and diagnostics end markets, as compared to fiscal year 2014. In our research market, we experienced increased demand for our OneSource laboratory service and informatics businesses, as well as an increase in revenue from new product introductions, such as the Opera Phenix. Our OneSource laboratory service business offers services designed to enable our customers to increase efficiencies and production time while reducing maintenance costs, all of which continue to be critical for them. In our diagnostics market, we continued to expand our newborn and infectious disease screening solutions in emerging markets such as China. Birth rates in the United States continue to stabilize and demand for greater access to newborn screening in rural areas outside the United States is also increasing, as evidenced by prenatal trends we saw during fiscal year 2015. Our medical imaging business experienced slight growth due to increased demand for our CMOS and cassette panels, which was partially offset by a decrease in demand in our radiography and radiation oncology end markets. The growth in our Human Health segment was more than offset by unfavorable impacts from foreign currency as the U.S. dollar strengthened, particularly versus the Euro. As the rising cost of healthcare continues to be one of the critical issues facing our customers, we anticipate that the benefits of providing earlier

28

detection of disease, which can result in a reduction of long-term health care costs as well as create better outcomes for patients, are increasingly valued and we expect to see continued growth in these markets.

In our Environmental Health segment, we had an increase in revenue in fiscal year 2015, as compared to fiscal year 2014, despite unfavorable impacts from foreign currency. The increase in revenue was primarily due to revenue from our acquisition of Perten in December 2014, as well as growth in our materials characterization product family within our environmental and industrial markets, which was partially offset by unfavorable impacts from foreign currency. In addition, we had an increased demand in our laboratory services business, despite unfavorable impacts from foreign currency. We anticipate that the continued development of contaminant regulations and corresponding testing protocols will result in increased demand for efficient, analytically sensitive and information rich testing solutions.

Our consolidated gross margins increased 38 basis points in fiscal year 2015, as compared to fiscal year 2014, due to increased sales volume, benefits from initiatives to improve our supply chain, as well as a lower mark-to-market loss for our postretirement benefit plans in fiscal year 2015 as compared to fiscal year 2014. These items were partially offset by unfavorable changes in product mix, with an increase in sales of lower gross margin product offerings, and negative impacts from foreign currency exchange rates. Our consolidated operating margin increased 323 basis points in fiscal year 2015, as compared to fiscal year 2014, primarily due to a pre-tax loss of $12.4 million in fiscal year 2015 as compared to a pre-tax loss of $75.9 million in fiscal year 2014 for the mark-to-market adjustments for our postretirement plans, higher gross margins, and lower costs as a result of cost containment and productivity initiatives, which were partially offset by increased costs related to investments in new product development.

We believe we continue to be well positioned to take advantage of the spending trends in our end markets and to promote efficiencies in markets where current conditions may increase demand for certain services. Overall, we believe that our strategic focus on Human Health and Environmental Health coupled with our deep portfolio of technologies and applications, leading market positions, global scale and financial strength will provide us with a solid foundation for growth.

Consolidated Results of Continuing Operations

Revenue

2015 Compared to 2014. Revenue for fiscal year 2015 was $2,262.4 million, as compared to $2,237.2 million for fiscal year 2014, an increase of $25.1 million, or 1%, which includes an approximate 3%increase in revenue attributable to acquisitions, an approximate 6%decrease in revenue attributable to changes in foreign exchange rates and revenue attributable to an additional week during fiscal year 2015. The analysis in the remainder of this paragraph compares segment revenue for fiscal year 2015 as compared to fiscal year 2014 and includes the effect of foreign exchange rate fluctuations and acquisitions. The total increase in revenue reflects an increase in our Environmental Health segment of $32.7 million, or 4%, due to an increase in environmental and industrial markets revenue of $44.9 million, which was partially offset by a decrease in laboratory services market revenue of $12.2 million. Our Human Health segment revenue decreased $7.6 million, or 1%, due to a decrease in research market revenue of $4.0 million and a decrease in diagnostics market revenue of $3.6 million. As a result of adjustments to deferred revenue related to certain acquisitions required by business combination rules, we did not recognize $0.8 million of revenue primarily related to our Human Health segment for fiscal year 2015 and $2.9 million for fiscal year 2014 that otherwise would have been recorded by the acquired businesses during each of the respective periods. The effect of foreign currency changes from prior year period on revenue is approximately $142.0 million in fiscal year 2015.

2014 Compared to 2013. Revenue for fiscal year 2014 was $2,237.2 million, as compared to $2,157.6 million for fiscal year 2013, an increase of $79.6 million, or 4%, which includes an approximate 1%increase in revenue attributable to acquisitions and an approximate 1%decrease in revenue attributable to changes in foreign exchange rates. The analysis in the remainder of this paragraph compares segment revenue for fiscal year 2014 as compared to fiscal year 2013 and includes the effect of foreign exchange rate fluctuations and acquisitions. The total increase in revenue reflects a $58.3 million, or 4%, increase in our Human Health segment revenue, due to an increase in diagnostics market revenue of $39.8 million and an increase in research market revenue of $18.5 million. Our Environmental Health segment revenue increased $21.3 million, or 3%, due to an increase in laboratory services market revenue of $17.8 million and an increase in environmental and industrial markets revenue of $3.5 million. As a result of adjustments to deferred revenue related to certain acquisitions required by business combination rules, we did not recognize $2.9 million of revenue primarily related to our informatics business in our Human Health segment for fiscal year 2014 and $7.3 million for fiscal year 2013 that otherwise would have been recorded by the acquired businesses during each of the respective periods.

Cost of Revenue

2015 Compared to 2014. Cost of revenue for fiscal year 2015 was $1,237.9 million, as compared to $1,232.6 million for fiscal year 2014, an increase of approximately $5.2 million, or 0.4%. As a percentage of revenue, cost of revenue decreased to 54.7% in fiscal year 2015 from 55.1% in fiscal year 2014, resulting in an increase in gross margin of approximately 38 basis

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points to 45.3% in fiscal year 2015 from 44.9% in fiscal year 2014. Amortization of intangible assets decreased and was $43.5 million for fiscal year 2015, as compared to $49.7 million for fiscal year 2014. The mark-to-market adjustment for postretirement benefit plans was a loss of $1.2 million for fiscal year 2015, as compared to a loss of $8.4 million for fiscal year 2014. Stock-based compensation expense was $1.3 million for fiscal year 2015, as compared to $1.5 million for fiscal year 2014. The amortization of purchase accounting adjustments to record the inventory from certain acquisitions added an incremental expense of $7.3 million for fiscal year 2015, as compared to $2.4 million for fiscal year 2014. Acquisition related costs for integration, contingent consideration and other costs added an incremental expense of $0.1 million for each of fiscal years 2015 and 2014. In addition to the factors noted above, the increase in gross margin was primarily the result of benefits from our initiatives to improve our supply chain, which was partially offset by unfavorable changes in product mix, with an increase in sales of lower gross margin product offerings, and negative impacts from foreign currency exchange rates. The effect of foreign currency changes from prior year period on cost of revenue is approximately $66.0 million in fiscal year 2015.

2014 Compared to 2013. Cost of revenue for fiscal year 2014 was $1,232.6 million, as compared to $1,181.4 million for fiscal year 2013, an increase of approximately $51.2 million, or 4%. As a percentage of revenue, cost of revenue increased to 55.1% in fiscal year 2014 from 54.8% in fiscal year 2013, resulting in a decrease in gross margin of approximately 34 basis points to 44.9% in fiscal year 2014 from 45.2% in fiscal year 2013. Amortization of intangible assets decreased and was $49.7 million for fiscal year 2014, as compared to $52.0 million for fiscal year 2013. The mark-to-market adjustment for postretirement benefit plans was a loss of $8.4 million for fiscal year 2014, as compared to a loss of $0.8 million for fiscal year 2013. Stock-based compensation expense was $1.5 million for fiscal year 2014, as compared to $1.3 million for fiscal year 2013. The amortization of purchase accounting adjustments to record the inventory from certain acquisitions was $2.4 million for fiscal year 2014, as compared to $0.2 million for fiscal year 2013. Acquisition related costs for integration, contingent consideration and other costs added an incremental expense of $0.1 million for fiscal year 2014, as compared to $0.2 million for fiscal year 2013. In addition to the factors noted above, the decrease in gross margin was primarily the result of unfavorable changes in product mix, with an increase in sales of lower gross margin product offerings, pricing pressure, and negative impacts from foreign exchange rates. These items were partially offset by increased sales volume and lower costs as a result of cost containment and productivity initiatives.

Selling, General and Administrative Expenses

2015 Compared to 2014. Selling, general and administrative expenses for fiscal year 2015 were $598.8 million, as compared to $659.3 million for fiscal year 2014, a decrease of approximately $60.5 million, or 9%. As a percentage of revenue, selling, general and administrative expenses decreased and were 26.5% in fiscal year 2015, compared to 29.5% in fiscal year 2014. Amortization of intangible assets increased and was $34.6 million for fiscal year 2015, as compared to $33.1 million for fiscal year 2014. The mark-to-market adjustment for postretirement benefit plans was a loss of $11.1 million for fiscal year 2015, as compared to a loss of $67.1 million for fiscal year 2014. Stock-based compensation expense increased and was $15.8 million for fiscal year 2015, as compared to $12.5 million for fiscal year 2014. During fiscal year 2015 we recorded $0.8 million in legal costs for a particular case. During fiscal year 2014, we recorded a benefit of $2.3 million for cost reimbursements related to a particular site, of which $1.2 million was for future monitoring and mitigation activities. Acquisition related costs for integration, contingent consideration and other costs added an incremental expense of $0.8 million for fiscal year 2015 and $0.4 million for fiscal year 2014. In addition to the above items, the decrease in selling, general and administrative expenses was primarily the result of lower costs as a result of cost containment and productivity initiatives, which was partially offset by the impact from foreign currency exchange rates, and the impact of an additional week during fiscal year 2015. The effect of foreign currency changes from prior year period on selling, general and administrative expense is approximately $31.6 million in fiscal year 2015.

2014 Compared to 2013. Selling, general and administrative expenses for fiscal year 2014 were $659.3 million, as compared to $581.9 million for fiscal year 2013, an increase of approximately $77.4 million, or 13%. As a percentage of revenue, selling, general and administrative expenses increased and were 29.5% in fiscal year 2014, compared to 27.0% in fiscal year 2013. Amortization of intangible assets decreased and was $33.1 million for fiscal year 2014, as compared to $36.9 million for fiscal year 2013. The mark-to-market adjustment for postretirement benefit plans was a loss of $67.1 million for fiscal year 2014, as compared to income of $18.1 million for fiscal year 2013. Stock-based compensation expense increased and was $12.5 million for fiscal year 2014, as compared to $11.9 million for fiscal year 2013. During fiscal year 2014, we recorded a benefit of $2.3 million for cost reimbursements related to a particular site, of which $1.2 million was for future monitoring and mitigation activities, as compared to expense of $4.6 million for environmental costs for fiscal year 2013. Acquisition related costs for integration, contingent consideration and other costs added an incremental expense of $0.4 million for fiscal year 2014 and $1.1 million for fiscal year 2013. In addition to the above items, the increase in selling, general and administrative expenses was primarily the result of costs related to growth investments, particularly in emerging territories, partially offset by lower costs as a result of cost containment and productivity initiatives.

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Research and Development Expenses

2015 Compared to 2014. Research and development expenses for fiscal year 2015 were $125.9 million, as compared to $121.1 million for fiscal year 2014, an increase of $4.8 million, or 4%. As a percentage of revenue, research and development expenses increased to 5.6% in fiscal year 2015, as compared to 5.4% in fiscal year 2014. Amortization of intangible assets decreased and was $0.5 million for fiscal year 2015, as compared to $0.6 million for fiscal year 2014. The mark-to-market adjustment for postretirement benefit plans was a loss of $0.1 million for fiscal year 2015, as compared to a loss of $0.4 million for fiscal year 2014. Stock-based compensation expense increased and was $0.6 million for fiscal year 2015, as compared to $0.5 million for fiscal year 2014. In addition to the above items, the increase in research and development expenses was primarily due to investments in new product development, the impact from foreign currency exchange rates and the impact of an additional week in fiscal year 2015. We directed research and development efforts similarly during fiscal years 2015 and 2014, primarily toward the diagnostics and research markets within our Human Health segment, and the environmental, industrial and laboratory services markets within our Environmental Health segment, in order to help accelerate our growth initiatives. The effect of foreign currency changes from prior year period on research and development expenses is approximately $8.6 million in fiscal year 2015. We have a broad product base, and we do not expect any single research and development project to have significant costs.

2014 Compared to 2013. Research and development expenses for fiscal year 2014 were $121.1 million, as compared to $132.4 million for fiscal year 2013, a decrease of $11.3 million, or 9%. As a percentage of revenue, research and development expenses decreased to 5.4% in fiscal year 2014, as compared to 6.1% in fiscal year 2013. Amortization of intangible assets increased and was $0.6 million for fiscal year 2014, as compared to $0.3 million for fiscal year 2013. The mark-to-market adjustment for postretirement benefit plans was a loss of $0.4 million for fiscal year 2014, as compared to income of $0.3 million for fiscal year 2013. Stock-based compensation expense decreased and was $0.5 million for fiscal year 2014, as compared to $0.9 million for fiscal year 2013. Acquisition related costs added an incremental expense of $0.2 million for fiscal year 2013. In addition to the above items, the decrease in research and development expenses was primarily the result of the consolidation of research and development activities into our newly opened Center for Innovation. We directed research and development efforts similarly during fiscal years 2014 and 2013, primarily toward the diagnostics and research markets within our Human Health segment, and the environmental, industrial and laboratory services markets within our Environmental Health segment, in order to help accelerate our growth initiatives.

Restructuring and Contract Termination Charges, Net

We have undertaken a series of restructuring actions related to the impact of acquisitions and divestitures, the alignment of our operations with our growth strategy, the integration of our business units and productivity initiatives. Restructuring and contract termination charges for fiscal year 2015 were $13.6 million, as compared to $13.4 million for fiscal year 2014 and $33.9 million for fiscal year 2013.

We implemented restructuring plans in the fourth quarter of fiscal year 2015, the second and first quarters of fiscal year 2014, and the first quarter of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to focus resources on higher growth end markets (the "Q4 2015 Plan", "Q2 2014 Plan", "Q1 2014 Plan" and "Q1 2013 Plan", respectively). We implemented restructuring plans in the second quarter of fiscal year 2015 and the third quarter of fiscal year 2014 consisting of workforce reductions principally intended to realign resources to emphasize growth initiatives (the "Q2 2015 Plan" and "Q3 2014 Plan", respectively). We implemented restructuring plans in the fourth and third quarters of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to shift certain of our research and development resources into our newly opened Center for Innovation (the "Q4 2013 Plan" and "Q3 2013 Plan", respectively). We implemented a restructuring plan in the second quarter of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to shift certain of our operations into a newly established shared service center, as well as realign operations, research and development resources, and production resources as a result of previous acquisitions (the "Q2 2013 Plan"). All other previous restructuring plans were workforce reductions or the closure of excess facility space principally intended to integrate our businesses in order to realign operations, reduce costs, achieve operational efficiencies and shift resources into geographic regions and end markets that are more consistent with our growth strategy (the "Previous Plans"). We expect no significant impact on future operating results or cash flows from the restructuring activities executed in fiscal year 2015.

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The following table summarizes the number of employees reduced, the initial restructuring or contract termination charges by operating segment, and the dates by which payments were substantially completed, or the expected dates by which payments will be substantially completed, for restructuring actions implemented during fiscal years 2015, 2014 and 2013:

	Workforce Reductions					Closure of Excess Facility				Total		(Expected) Date Payments Substantially Completed by
	Headcount Reduction	Human Health		Environmental Health		Human Health		Environmental Health				Severance	Excess Facility
	(In thousands, except headcount data)
Q4 2015 Plan	174	$	2,230	$	9,065	$	285	$	—	$	11,580	Q1 FY2017	Q4 FY2017
Q2 2015 Plan	97	1,850		4,160		—		—		6,010		Q2 FY2016	—
Q3 2014 Plan	152	7,126		5,925		—		—		13,051		Q4 FY2015	—
Q2 2014 Plan	22	545		190		—		—		735		Q2 FY2015	—
Q1 2014 Plan	17	370		197		—		—		567		Q4 FY2014	—
Q4 2013 Plan	73	955		2,953		7,271		—		11,179		Q4 FY2014	Q1 FY2019
Q3 2013 Plan	29	394		—		138		—		532		Q1 FY2014	Q4 FY2013
Q2 2013 Plan(1)	264	9,523		8,609		522		50		18,704		Q4 FY2014	Q3 FY2014
Q1 2013 Plan	62	2,340		245		—		—		2,585		Q3 FY2013	—

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⁽¹⁾  Subsequent to the initial charge, during fiscal year 2013, we recorded an additional $0.6 million pre-tax restructuring charge in our Human Health segment for the Q2 2013 Plan for services that were provided for one-time termination benefits in which the employee was required to render service beyond the legal notification period.

We expect to make payments under the Previous Plans for remaining residual lease obligations, with terms varying in length, through fiscal year 2022.

We also have terminated various contractual commitments in connection with certain disposal activities and have recorded charges, to the extent applicable, for the costs of terminating these contracts before the end of their terms and the costs that will continue to be incurred for the remaining terms without economic benefit to us. We recorded additional pre-tax charges of $0.1 million, $1.5 million and $0.7 million in our Environmental Health segment during fiscal years 2015, 2014 and 2013, respectively, as a result of these contract terminations.

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At January 3, 2016, we had $22.2 million recorded for accrued restructuring and contract termination charges, of which $17.1 million was recorded in short-term accrued restructuring and $5.1 million was recorded in long-term liabilities. At December 28, 2014, we had $23.8 million recorded for accrued restructuring and contract termination charges, of which $17.1 million was recorded in short-term accrued restructuring and $6.7 million was recorded in long-term liabilities. The following table summarizes our restructuring accrual balances and related activity by restructuring plan, as well as contract termination accrual balances and related activity, during fiscal years 2015, 2014 and 2013:

	Balance at December 30, 2012		2013 Charges and Changes in Estimates, Net		2013 Amounts Paid			Balance at December 29, 2013		2014 Charges and Changes in Estimates, Net			2014 Amounts Paid			Balance at December 28, 2014		2015 Charges and Changes in Estimates, Net			2015 Amounts Paid			Balance at January 3, 2016
	(In thousands)
Severance:
Q4 2015 Plan	$	—	$	—	$	—		$	—	$	—		$	—		$	—	$	11,295		$	(925	)	$	10,370
Q2 2015 Plan(1)	—		—		—			—		—			—			—		5,471			(4,322		)	1,149
Q3 2014 Plan(2)	—		—		—			—		13,051			(2,992		)	10,059		(3,064		)	(5,460		)	1,535
Q2 2014 Plan(3)	—		—		—			—		735			(484		)	251		(179		)	(13		)	59
Q1 2014 Plan(4)	—		—		—			—		567			(475		)	92		(92		)	—			—
Facility:
Q4 2015 Plan	—		—		—			—		—			—			—		285			(26		)	259
Previous Plans including 2013 plans(5)	27,151		33,196		(25,112		)	35,235		(2,508		)	(19,603		)	13,124		(209		)	(4,222		)	8,693
Restructuring	27,151		33,196		(25,112		)	35,235		11,845			(23,554		)	23,526		13,507			(14,968		)	22,065
Contract Termination	596		696		(992		)	300		1,545			(1,541		)	304		83			(255		)	132
Total Restructuring and Contract Termination	$	27,747	$	33,892	$	(26,104	)	$	35,535	$	13,390		$	(25,095	)	$	23,830	$	13,590		$	(15,223	)	$	22,197

____________________________

⁽¹⁾  During fiscal year 2015, we recognized pre-tax restructuring reversals of $0.2 million in our Human Health segment and $0.3 million in our Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q2 2015 Plan.

⁽²⁾  During fiscal year 2015, we recognized pre-tax restructuring reversals of $1.2 million in our Human Health segment and $1.9 million in our Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q3 2014 Plan.

⁽³⁾  During fiscal year 2015, we recognized pre-tax restructuring reversals of $0.1 million in each of our Human Health and Environmental Health segments related to lower than expected costs associated with workforce reductions for the Q2 2014 Plan.

⁽⁴⁾  During fiscal year 2015, we recognized a pre-tax restructuring reversal of $0.1 million in our Human Health segment related to lower than expected costs associated with workforce reductions for the Q1 2014 Plan.

⁽⁵⁾  During fiscal year 2015, we recognized a pre-tax restructuring charge of $1.4 million in our Human Health segment primarily related to higher than expected costs associated with the closure of the excess facility space, which was offset by a pre-tax restructuring reversal of $1.6 million in our Environmental Health segment primarily related to lower than expected costs associated with workforce reductions for the previous restructuring plans. During fiscal year 2014, we recognized pre-tax restructuring reversals of $0.8 million in our Human Health segment and $1.7 million in our Environmental Health segment primarily related to lower than expected costs associated with workforce reductions, which was partially offset by higher than expected costs associated with the closure of the excess facility space for the previous restructuring plans.

Impairment of Assets

2015 Compared to 2014. We had no impairment of assets in either fiscal year 2015 or fiscal year 2014.

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2014 Compared to 2013. Impairment of assets was zero in fiscal year 2014, as compared to $0.2 million in fiscal year 2013. The fiscal year 2013 pre-tax impairment charge was $0.2 million for the impairment of certain long-lived assets within our Human Health segment as the carrying amounts of the long-lived assets were not recoverable and exceeded their fair value. Additional information regarding impairment of assets is discussed in Note 12 to our consolidated financial statements included in this annual report on Form 10-K.

Interest and Other Expense, Net

Interest and other expense, net, consisted of the following:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Interest income	$	(673	)	$	(667	)	$	(650	)
Interest expense	37,997			36,270			49,924
Other expense, net	4,795			5,536			14,836
Total interest and other expense, net	$	42,119		$	41,139		$	64,110

2015 Compared to 2014. Interest and other expense, net, for fiscal year 2015 was an expense of $42.1 million, as compared to an expense of $41.1 million for fiscal year 2014, an increase of $1.0 million. The increase in interest and other expense, net, in fiscal year 2015 as compared to fiscal year 2014 was primarily due to an increase in interest expense. Interest expense increased by $1.7 million in fiscal year 2015 as compared to fiscal year 2014, primarily due to increased debt outstanding on our senior unsecured revolving credit facility and higher variable interest rates, as well as an additional week during fiscal year 2015. Other expenses for fiscal year 2015decreased by $0.7 million as compared to fiscal year 2014, primarily due to expenses related to foreign currency transactions and translation of non-functional currency assets and liabilities. A more complete discussion of our liquidity is set forth below under the heading “Liquidity and Capital Resources.”

2014 Compared to 2013. Interest and other expense, net, for fiscal year 2014 was an expense of $41.1 million, as compared to an expense of $64.1 million for fiscal year 2013, a decrease of $23.0 million. The decrease in interest and other expense, net, in fiscal year 2014 as compared to fiscal year 2013 was primarily due to a decrease in interest expense. Interest expense decreased by $13.7 million in fiscal year 2014 as compared to fiscal year 2013, primarily due to the redemption of our fixed rate 2015 Notes in fiscal year 2013, resulting in lower debt outstanding and an increased mix of variable rate debt with lower interest rates during fiscal year 2014. In addition, during fiscal year 2013, we wrote-off $2.8 million for the remaining unamortized derivative losses for previously settled cash flow hedges and wrote-off $0.2 million for the remaining deferred debt issuance costs related to the prepayment of our 2015 Notes. Other expenses for fiscal year 2014decreased by $9.3 million as compared to fiscal year 2013, primarily due to a prepayment premium of $11.1 million for the redemption of our 2015 Notes in fiscal year 2013, which was partially offset by expenses related to foreign currency transactions and translation of non-functional currency assets and liabilities.

Provision for (Benefit from) Income Taxes

2015 Compared to 2014. The fiscal year 2015 provision for income taxes on continuing operations was $31.3 million, as compared to $8.4 million for fiscal year 2014. The effective tax rate on continuing operations was 12.8% for fiscal year 2015 as compared to 5.0% for fiscal year 2014. The higher provision for income taxes in fiscal year 2015 was primarily due to higher income in higher tax rate jurisdictions, as compared to fiscal year 2014.

2014 Compared to 2013. The fiscal year 2014 provision for income taxes on continuing operations was $8.4 million, as compared to a benefit of $10.6 million for fiscal year 2013. The effective tax rate on continuing operations was a provision of 5.0% for fiscal year 2014 as compared to a benefit of 6.5% for fiscal year 2013. The provision for income taxes in fiscal year 2014 was primarily due to income in lower tax rate jurisdictions, partially offset by losses in higher rate jurisdictions and a tax benefit of $7.0 million related to discrete items. The benefit from income taxes in fiscal year 2013 was primarily due to a tax benefit of $24.0 million related to discrete items and losses in higher tax rate jurisdictions, partially offset by a provision from income taxes related to profits in lower tax rate jurisdictions. The $24.0 million of discrete items includes $9.4 million for lapses in statutes of limitations during the first quarter of fiscal year 2013 and $9.2 million primarily for lapses in statutes of limitations and audit settlements in the fourth quarter of fiscal year 2013.

Discontinued Operations

As part of our continuing efforts to focus on higher growth opportunities, we have discontinued certain businesses. We have accounted for these businesses as discontinued operations and, accordingly, have presented the results of operations and related cash flows as discontinued operations for all periods presented. Any remaining assets and liabilities of these businesses

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have been presented separately, and are reflected within assets and liabilities from discontinued operations in the accompanying consolidated balance sheets as of January 3, 2016 and December 28, 2014.

In May 2014, our management approved the shutdown of our microarray-based diagnostic testing laboratory in the United States, which had been reported within our Human Health segment. We determined that, with the lack of adequate reimbursement from health care payers, the microarray-based diagnostic testing laboratory in the United States would need significant investment in its operations to reduce costs in order to effectively compete in the market. The shutdown of the microarray-based diagnostic testing laboratory in the United States resulted in a $0.1 million net pre-tax loss primarily related to the disposal of fixed assets, which was partially offset by the sale of a building in fiscal year 2014.

In August 1999, we sold the assets of our Technical Service business. We recorded pre-tax losses of $0.03 million in fiscal year 2015, $0.2 million in fiscal year 2014 and $2.1 million in fiscal year 2013 for a contingency related to this business. These losses were recognized as a loss on disposition of discontinued operations before income taxes.

During fiscal year 2013, we settled various commitments related to the divestiture of other discontinued operations and recognized a pre-tax gain of $0.3 million. This gain was recognized as a gain on disposition of discontinued operations before income taxes.

Summary pre-tax operating results of the discontinued operations, which include the periods prior to disposition and a $1.0 million pre-tax restructuring charge related to workforce reductions in the microarray-based diagnostic testing laboratory in the United States during fiscal year 2014, were as follows during the three fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Revenue	$	98		$	348		$	8,646
Costs and expenses	101			5,307			18,998
Loss from discontinued operations before income taxes	$	(3	)	$	(4,959	)	$	(10,352	)

We recorded a tax provision of $0.2 million on discontinued operations and dispositions in fiscal year 2015, a tax benefit of $1.8 million on discontinued operations and dispositions in fiscal year 2014 and a tax benefit of $5.1 million on discontinued operations and dispositions in fiscal year 2013.

Business Combinations

Acquisitions in fiscal year 2015

During fiscal year 2015, we completed the acquisition of five businesses for a total consideration of $77.1 million in cash. The acquired businesses included Vanadis, which was acquired for total consideration of $35.1 million in cash, as further described in Note 21 to our consolidated financial statements included in this annual report on Form 10-K, and other acquisitions for an aggregate consideration of $42.0 million in cash. We have a potential obligation to pay the shareholders of Vanadis additional contingent consideration of up to $93.0 million, which at closing had an estimated fair value of $56.9 million. The excess of the purchase prices over the fair values of each of the acquired businesses' net assets represents cost and revenue synergies specific to us, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, of which $9.2 million is tax deductible. We reported the operations for all of these acquisitions within the results of our Human Health and Environmental Health segments from the acquisition dates.

Acquisitions in fiscal year 2014

Acquisition of Perten Instruments Group AB. In December 2014, we acquired all of the outstanding stock of Perten. Perten is a provider of analytical instruments and services for quality control of food, grain, flour and feed. We expect this acquisition to enhance our industrial, environmental and safety business by expanding our product offerings to the academic and industrial end markets. We paid the shareholders of Perten $269.9 million in cash for the stock of Perten. The excess of the purchase price over the fair value of the acquired net assets represents cost and revenue synergies specific to us, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which is tax deductible. We have reported the operations for this acquisition within the results of our Environmental Health segment from the acquisition date.

Other acquisitions in fiscal year 2014. In addition to the Perten acquisition, we completed the acquisition of two businesses in fiscal year 2014 for total consideration of $17.6 million in cash and $4.3 million of assumed debt. The excess of the purchase price over the fair value of each of the acquired businesses' net assets represents cost and revenue synergies specific to us, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated

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to goodwill, none of which is tax deductible. We reported the operations for these acquisitions within the results of our Human Health and Environmental Health segments from the acquisition dates.

Acquisitions in fiscal year 2013

During fiscal year 2013, we completed the acquisition of four businesses for total consideration of $11.4 million, in cash. As of the closing dates, we potentially had to pay additional contingent consideration for the four acquired businesses of up to $2.2 million, which at closing had an estimated fair value of $1.1 million. During fiscal year 2014, we paid $0.4 million in additional deferred consideration for one of these acquisitions. The excess of the purchase price over the fair value of each of the acquired businesses' net assets represents cost and revenue synergies specific to us, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which is tax deductible. We reported the operations for these acquisitions within the results of our Human Health and Environmental Health segments from the acquisition dates.

We do not consider the acquisitions completed during fiscal years 2015, 2014 and 2013, to be material to our consolidated results of operations; therefore, we are not presenting pro forma financial information of operations. During fiscal year 2015, we recognized $65.7 million of revenue for Perten. We have determined that the presentation of the results of operations for each of the other acquisitions, from the date of acquisition, is impracticable due to the integration of the operations upon acquisition.

As of January 3, 2016, the allocations of purchase prices for acquisitions completed in fiscal years 2014 and 2013 were final. The preliminary allocations of the purchase prices for acquisitions completed in fiscal year 2015 were based upon initial valuations. Our estimates and assumptions underlying the initial valuations are subject to the collection of information necessary to complete our valuations within the measurement periods, which are up to one year from the respective acquisition dates. The primary areas of the preliminary purchase price allocations that are not yet finalized relate to the fair value of certain tangible and intangible assets acquired and liabilities assumed, assets and liabilities related to income taxes and related valuation allowances, and residual goodwill. We expect to continue to obtain information to assist in determining the fair values of the net assets acquired at the acquisition dates during the measurement periods. During the measurement periods, we will adjust assets or liabilities if new information is obtained about facts and circumstances that existed as of the acquisition dates that, if known, would have resulted in the recognition of those assets and liabilities as of those dates. With our adoption of Accounting Standards Update No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments ("ASU No. 2015-16") during 2015, these adjustments will be made in the periods in which the amounts are determined and the cumulative effect of such adjustments will be calculated as if the adjustments had been completed as of the acquisition dates. The portion of the adjustment which relates to a prior period should either be presented separately on the consolidated statement of operations or disclosed in the notes to the consolidated financial statements. All changes that do not qualify as adjustments made during the measurement periods are also included in current period earnings.

During fiscal year 2015, we obtained information to assist in determining the fair values of certain tangible and intangible assets acquired and liabilities assumed as part of our acquisitions and adjusted our purchase price allocations. Based on this information, for acquisitions completed during fiscal year 2015, we recognized a decrease in deferred taxes of $0.5 million, with a corresponding decrease in goodwill. For the Perten acquisition, we recognized increases in intangible assets of $2.0 million and liabilities assumed of $1.2 million, which were offset by a decrease in goodwill of $3.4 million, deferred taxes of $2.8 million, and other current assets of $0.2 million. For other acquisitions completed during fiscal year 2014, we recognized a decrease in working capital and other adjustments of $0.5 million with a corresponding decrease in goodwill. In addition, during the third quarter of fiscal year 2015, in connection with updating the provisional purchase accounting for the Perten acquisition, we adjusted goodwill and intangible assets which had been preliminarily recorded in U.S. dollars to Swedish Krona. This resulted in a decrease in intangible assets and goodwill of $21.4 million and a corresponding increase in other comprehensive loss through increased foreign currency translation adjustments as a result of the change in the exchange rate between the acquisition date and June 28, 2015. Of the $21.4 million decrease, $8.2 million related to changes in the exchange rate from the acquisition date through December 28, 2014. During fiscal year 2015, there was an immaterial impact on the current period net income as a result of the change to the provisional amounts for items that would have been recognized in previous periods if the adjustments to provisional amounts had been recognized as of the acquisition date.

Allocations of the purchase price for acquisitions are based on estimates of the fair value of the net assets acquired and are subject to adjustment upon finalization of the purchase price allocations. The accounting for business combinations requires estimates and judgments as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair values for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed, including contingent consideration, are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. Contingent consideration is measured at fair value at the acquisition

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date, based on the probability that revenue thresholds or product development milestones will be achieved during the earnout period, with changes in the fair value after the acquisition date affecting earnings to the extent it is to be settled in cash. Increases or decreases in the fair value of contingent consideration liabilities primarily result from changes in the estimated probabilities of achieving revenue thresholds or product development milestones during the earnout period.

As of January 3, 2016, we may have to pay contingent consideration, related to acquisitions with open contingency periods, of up to $95.4 million. As of January 3, 2016, we have recorded contingent consideration obligations of $57.4 million, of which $9.4 million was recorded in accrued expenses and other current liabilities, and $48.0 million was recorded in long-term liabilities. As of December 28, 2014, we have recorded contingent consideration obligations of $0.1 million, which was recorded in accrued expenses and other current liabilities. The expected maximum earnout period for acquisitions with open contingency periods does not exceed 6 years from the respective acquisition dates, and the remaining weighted average expected earnout period at January 3, 2016 was 2 years. If the actual results differ from the estimates and judgments used in these fair values, the amounts recorded in the consolidated financial statements could result in a possible impairment of the intangible assets and goodwill, require acceleration of the amortization expense of definite-lived intangible assets or the recognition of additional contingent consideration which would be recognized as a component of operating expenses from continuing operations.

In connection with the purchase price allocations for acquisitions, we estimate the fair value of deferred revenue assumed with our acquisitions. The estimated fair value of deferred revenue is determined by the legal performance obligation at the date of acquisition, and is generally based on the nature of the activities to be performed and the related costs to be incurred after the acquisition date. The fair value of an assumed liability related to deferred revenue is estimated based on the current market cost of fulfilling the obligation, plus a normal profit margin thereon. The estimated costs to fulfill the deferred revenue are based on the historical direct costs related to providing the services. We do not include any costs associated with selling effort, research and development, or the related fulfillment margins on these costs. In most acquisitions, profit associated with selling effort is excluded because the acquired businesses would have concluded the selling effort on the support contracts prior to the acquisition date. The estimated research and development costs are not included in the fair value determination, as these costs are not deemed to represent a legal obligation at the time of acquisition. The sum of the costs and operating income approximates, in theory, the amount that we would be required to pay a third-party to assume the obligation.

Contingencies, Including Tax Matters

We are conducting a number of environmental investigations and remedial actions at our current and former locations and, along with other companies, have been named a potentially responsible party (“PRP”) for certain waste disposal sites. We accrue for environmental issues in the accounting period that our responsibility is established and when the cost can be reasonably estimated. We have accrued $11.8 million and $12.3 million as of January 3, 2016 and December 28, 2014, respectively, which represents our management’s estimate of the cost of the remediation of known environmental matters, and does not include any potential liability for related personal injury or property damage claims. During fiscal year 2014, we recorded a benefit of $2.3 million for cost reimbursements related to a particular site, of which $1.2 million was for future monitoring and mitigation activities. During fiscal year 2013, we accrued an additional $5.7 million related to a particular site for increased monitoring and mitigation activities, of which $4.6 million was recorded in the fourth quarter of fiscal year 2013. Our environmental accrual is not discounted and does not reflect the recovery of any material amounts through insurance or indemnification arrangements. The cost estimates are subject to a number of variables, including the stage of the environmental investigations, the magnitude of the possible contamination, the nature of the potential remedies, possible joint and several liability, the time period over which remediation may occur, and the possible effects of changing laws and regulations. For sites where we have been named a PRP, our management does not currently anticipate any additional liability to result from the inability of other significant named parties to contribute. We expect that the majority of such accrued amounts could be paid out over a period of up to ten years. As assessment and remediation activities progress at each individual site, these liabilities are reviewed and adjusted to reflect additional information as it becomes available. There have been no environmental problems to date that have had, or are expected to have, a material adverse effect on our consolidated financial statements. While it is possible that a loss exceeding the amounts recorded in the consolidated financial statements may be incurred, the potential exposure is not expected to be materially different from those amounts recorded.

Various tax years after 2009 remain open to examination by certain jurisdictions in which we have significant business operations, such as Finland, Germany, Italy, Netherlands, Singapore, the United Kingdom and the United States. The tax years under examination vary by jurisdiction. We regularly review our tax positions in each significant taxing jurisdiction in the process of evaluating our unrecognized tax benefits. We make adjustments to our unrecognized tax benefits when: (i) facts and circumstances regarding a tax position change, causing a change in management’s judgment regarding that tax position; (ii) a tax position is effectively settled with a tax authority; and/or (iii) the statute of limitations expires regarding a tax position.

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We are subject to various claims, legal proceedings and investigations covering a wide range of matters that arise in the ordinary course of our business activities. Although we have established accruals for potential losses that we believe are probable and reasonably estimable, in our opinion, based on our review of the information available at this time, the total cost of resolving these contingencies at January 3, 2016 should not have a material adverse effect on our consolidated financial statements included in this annual report on Form 10-K. However, each of these matters is subject to uncertainties, and it is possible that some of these matters may be resolved unfavorably to us.

Reporting Segment Results of Continuing Operations

We realigned our organization at the beginning of fiscal year 2015 to enable us to both deliver complete solutions targeted towards certain end markets and develop value-added applications and solutions to foster further expansion of those markets. OneSource, our multivendor laboratory service business that serves the life sciences end market, was moved from our Environmental Health segment into our Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of our operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to our operating segments.

Human Health

2015 Compared to 2014. Revenue for fiscal year 2015 was $1,376.6 million, as compared to $1,384.2 million for fiscal year 2014, a decrease of $7.6 million, or 1%, which includes an approximate 0.4%increase in revenue attributable to acquisitions, an approximate 5%decrease in revenue attributable to changes in foreign exchange rates and revenue attributable to an additional week in fiscal year 2015. The analysis in the remainder of this paragraph compares selected revenue by product type for fiscal year 2015, as compared to fiscal year 2014, and includes the effect of foreign exchange fluctuations and acquisitions. The decrease in revenue in our Human Health segment was a result of a decrease in research market revenue of $4.0 million and a decrease in diagnostics market revenue of $3.6 million. As a result of adjustments to deferred revenue related to certain acquisitions required by business combination rules, we did not recognize $0.8 million of revenue in our Human Health segment for fiscal year 2015 and $2.9 million of revenue in our Human Health segment for fiscal year 2014 that otherwise would have been recorded by the acquired businesses during each of the respective periods. In our research market, we experienced increased demand for our OneSource laboratory service and informatics businesses, as well as an increase in revenue from new product introductions, such as the Opera Phenix. Our OneSource laboratory service business offers services designed to enable our customers to increase efficiencies and production time while reducing maintenance costs, all of which continue to be critical for our customers. In our diagnostics market, we continued to expand our newborn and infectious disease screening solutions in emerging markets such as China. Birth rates in the United States continue to stabilize and demand for greater access to newborn screening in rural areas outside the United States is also increasing, as evidenced by prenatal trends we saw during fiscal year 2015. Our medical imaging business experienced slight growth due to increased demand for our CMOS and cassette panels, which was partially offset by a decrease in demand in our radiography and radiation oncology end markets. The growth in our Human Health segment was more than offset by unfavorable impacts from foreign currency as the U.S. dollar strengthened, particularly versus the Euro.

Operating income from continuing operations for fiscal year 2015 was $251.7 million, as compared to $233.7 million for fiscal year 2014, an increase of $18.1 million, or 8%. Amortization of intangible assets decreased and was $61.9 million for fiscal year 2015 as compared to $73.2 million for fiscal year 2014. Restructuring and contract termination charges, net decreased and were $4.2 million for fiscal year 2015 as compared to $7.2 million for fiscal year 2014. Acquisition related costs for integration, contingent consideration and other costs added an incremental expense of $0.5 million for fiscal year 2015, as compared to decreasing expenses by $1.7 million for fiscal year 2014. Legal costs for a particular case were $0.8 million for fiscal year 2015. In addition to the factors noted above, increased operating income for fiscal year 2015, was primarily the result of increased sales volume in the diagnostics and research markets and lower costs as a result of cost containment and productivity initiatives, which was partially offset by unfavorable changes in product mix, with an increase in sales of lower gross margin product offerings and unfavorable impacts from foreign currency.

2014 Compared to 2013. Revenue for fiscal year 2014 was $1,384.2 million, as compared to $1,325.9 million for fiscal year 2013, an increase of $58.3 million, or 4%, which includes an approximate 0.5%increase in revenue attributable to acquisitions and an approximate 0.5%decrease in revenue attributable to changes in foreign exchange rates. The analysis in the remainder of this paragraph compares selected revenue by product type for fiscal year 2014, as compared to fiscal year 2013, and includes the effect of foreign exchange fluctuations and acquisitions. The increase in revenue in our Human Health segment was a result of an increase in diagnostics market revenue of $39.8 million and an increase in research market revenue of $18.5 million. As a result of adjustments to deferred revenue related to certain acquisitions required by business combination rules, we did not recognize $2.9 million of revenue in our Human Health segment for fiscal year 2014 and $7.3 million of revenue in our Human Health segment for fiscal year 2013 that otherwise would have been recorded by the acquired businesses during each of the respective periods. This increase in our Human Health segment revenue during fiscal year 2014 was primarily due to growth in our diagnostics business as birth rates increased and from continued expansion of our prenatal,

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newborn and infectious disease screening solutions in emerging markets such as China and Brazil, as well as from increased demand for our medical imaging business' new wireless cassette detector used in diagnostic imaging and veterinary applications. In the research market we experienced growth related to our OneSource laboratory service, informatics, radiometric detection, and high-content screening offerings, as well as our microfluidics technology licensing program. This growth in the research market was partially offset by declines in some products in our research market due to weakness in the global academic end market, specifically in Europe, as well as the expiration of certain patents in our licensing portfolio.

Operating income from continuing operations for fiscal year 2014 was $233.7 million, as compared to $168.8 million for fiscal year 2013, an increase of $64.9 million, or 38%. Amortization of intangible assets decreased and was $73.2 million for fiscal year 2014 as compared to $79.5 million for fiscal year 2013. Restructuring and contract termination charges, net decreased and were $7.2 million for fiscal year 2014 as compared to $22.3 million for fiscal year 2013. Impairment of assets was a charge of $0.2 million for fiscal year 2013 as the carrying amounts of certain long-lived assets were not recoverable and exceeded their fair value. Acquisition related costs for integration, contingent consideration and other costs decreased expenses by $1.7 million for fiscal year 2014, as compared to adding an incremental expense of $1.4 million for fiscal year 2013. The amortization of purchase accounting adjustments to record the inventory from certain acquisitions was $0.2 million for fiscal year 2013. In addition to the factors noted above, increased sales volume in the diagnostics and research markets and lower costs as a result of cost containment and productivity initiatives increased operating income for fiscal year 2014.

Environmental Health

2015 Compared to 2014. Revenue for fiscal year 2015 was $885.7 million, as compared to $853.0 million for fiscal year 2014, an increase of $32.7 million, or 4%, which includes an approximate 8%decrease in revenue attributable to changes in foreign exchange rates, an approximate 8%increase in revenue attributable to acquisitions and revenue attributable to an additional week in fiscal year 2015. The analysis in the remainder of this paragraph compares selected revenue by product type for fiscal year 2015, as compared to fiscal year 2014, and includes the effect of foreign exchange fluctuations and acquisitions. The increase in revenue in our Environmental Health segment was a result of an increase in revenue of $44.9 million from the environmental and industrial markets, which was partially offset by a decrease in revenue of $12.2 million from the laboratory services market. The increase in revenue was primarily due to revenue from our acquisition of Perten in December 2014, as well as growth in our materials characterization product family within our environmental and industrial markets, which was partially offset by unfavorable impacts from foreign currency. In addition, we had an increased demand in our laboratory services business, despite unfavorable impacts from foreign currency.

Operating income from continuing operations for fiscal year 2015 was $89.5 million, as compared to $95.6 million for fiscal year 2014, a decrease of $6.1 million, or 6%. Amortization of intangible assets increased and was $16.7 million for fiscal year 2015 as compared to $10.2 million for fiscal year 2014. Restructuring and contract termination charges, net increased and were $9.4 million for fiscal year 2015 as compared to $6.2 million for fiscal year 2014. Acquisition related costs for contingent consideration and other costs added an incremental expense of $0.3 million in fiscal year 2015, as compared to an incremental expense of $2.1 million for fiscal year 2014. The amortization of purchase accounting adjustments to record the inventory from certain acquisitions added an incremental expense of $7.3 million in fiscal year 2015, as compared to $2.4 million for fiscal year 2014. In addition to the factors noted above, decreased operating income for fiscal year 2015, as compared to fiscal year 2014 was primarily due to increased costs related to investments in new product development, which was partially offset by lower costs as a result of cost containment initiatives and benefits from our initiatives to improve our supply chain.

2014 Compared to 2013. Revenue for fiscal year 2014 was $853.0 million, as compared to $831.7 million for fiscal year 2013, an increase of $21.3 million or 3%, which includes an approximate 1%decrease in revenue attributable to changes in foreign exchange rates and an approximate 1%increase in revenue attributable to acquisitions. The analysis in the remainder of this paragraph compares selected revenue by product type for fiscal year 2014, as compared to fiscal year 2013, and includes the effect of foreign exchange fluctuations and acquisitions. The increase in revenue in our Environmental Health segment was a result of an increase in revenue of $17.8 million from the laboratory services market and an increase in revenue of $3.5 million from the environmental and industrial markets. As a result of adjustments to deferred revenue related to certain acquisitions required by business combination rules, we did not recognize $0.01 million of revenue for fiscal year 2013 that otherwise would have been recorded by the acquired businesses during each of the respective periods. This increase in our Environmental Health segment revenue during fiscal year 2014 was primarily due to continued growth in our laboratory services business. This growth was partially offset by decreased demand across some of our products in the environmental and industrial markets, primarily in the Asian industrial end markets.

Operating income from continuing operations for fiscal year 2014 was $95.6 million, as compared to $84.7 million for fiscal year 2013, an increase of $10.9 million, or 13%. Amortization of intangible assets increased and was $10.2 million for fiscal year 2014 as compared to $9.8 million for fiscal year 2013. Restructuring and contract termination charges, net decreased and were $6.2 million for fiscal year 2014 as compared to $11.6 million for fiscal year 2013. Acquisition related costs for

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contingent consideration and other costs added an incremental expense of $2.1 million in fiscal year 2014, as compared to an incremental expense of $0.2 million for fiscal year 2013. The amortization of purchase accounting adjustments to record the inventory from certain acquisitions was $2.4 million for fiscal year 2014 and zero in fiscal year 2013. In addition to the factors noted above, savings related to cost containment initiatives increased operating income for fiscal year 2014, which was partially offset by unfavorable changes in product mix, with an increase in sales of lower gross margin product offerings, and pricing pressure.

Liquidity and Capital Resources

We require cash to pay our operating expenses, make capital expenditures, make strategic acquisitions, service our debt and other long-term liabilities, repurchase shares of our common stock and pay dividends on our common stock. Our principal sources of funds are from our operations and the capital markets, particularly the debt markets. We anticipate that our internal operations will generate sufficient cash to fund our operating expenses, capital expenditures, smaller acquisitions, interest payments on our debt and dividends on our common stock. However, we expect to use external sources to satisfy the balance of our debt when due, any larger acquisitions and other long-term liabilities, such as contributions to our postretirement benefit plans.

Principal factors that could affect the availability of our internally generated funds include:

• changes in sales due to weakness in markets in which we sell our products and services, and

• changes in our working capital requirements.

Principal factors that could affect our ability to obtain cash from external sources include:

• financial covenants contained in the financial instruments controlling our borrowings that limit our total borrowing capacity,

• increases in interest rates applicable to our outstanding variable rate debt,

• a ratings downgrade that could limit the amount we can borrow under our senior unsecured revolving credit facility and our overall access to the corporate debt market,

• increases in interest rates or credit spreads, as well as limitations on the availability of credit, that affect our ability to borrow under future potential facilities on a secured or unsecured basis,

• a decrease in the market price for our common stock, and

• volatility in the public debt and equity markets.

Cash Flows

Fiscal Year 2015

Operating Activities. Net cash provided by continuing operations was $287.6 million for fiscal year 2015, as compared to net cash provided by continuing operations of $282.3 million for fiscal year 2014, an increase of $5.3 million. The cash provided by operating activities for fiscal year 2015 was principally a result of income from continuing operations of $212.7 million, and non-cash charges, including depreciation and amortization of $112.0 million, stock based compensation expense of $17.7 million, restructuring and contract termination charges, net, of $13.6 million and a loss related to our postretirement benefit plans, including the mark-to-market adjustment, in the fourth quarter of fiscal year 2015, of $9.4 million. These amounts were partially offset by a net decrease of $39.8 million in accrued expenses, other assets and liabilities and other items, and a net increase in working capital of $38.0 million. The change in accrued expenses, other assets and liabilities and other items decreased cash provided by operating activities by $39.8 million for fiscal year 2015, primarily related to the timing of payments for taxes, defined benefit pension plans, royalties, restructuring, and salary and benefits. During fiscal year 2015, we made contributions of $14.9 million, in the aggregate, to pension plans outside of the United States and $20.0 million to our defined benefit pension plan in the United States. Contributing to the net increase in working capital for fiscal year 2015, excluding the effect of foreign exchange rate fluctuations, was an increase in inventory of $28.7 million and a decrease in accounts payable of $16.1 million, which were partially offset by a decrease in accounts receivable of $6.8 million. The increase in inventory was primarily a result of realigning operations, research and development resources, and production resources within our Environmental Health and Human Health segments to ensure responsiveness to customer requirements as this realignment occurs. The decrease in accounts payable was primarily a result of the timing of disbursements during the fourth quarter of fiscal year 2015. The decrease in accounts receivable was a result of strong performance in accounts receivable collections during the fourth quarter of fiscal year 2015.

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Investing Activities. Net cash used in the investing activities of our continuing operations was $100.9 million for fiscal year 2015, as compared to net cash used in the investing activities of our continuing operations of $297.5 million for fiscal year 2014, a decrease of $196.7 million. For fiscal year 2015, we used $72.0 million of net cash for acquisitions and investments, as compared to $271.5 million used in fiscal year 2014. Capital expenditures for fiscal year 2015 were $29.6 million, primarily for manufacturing equipment and other capital equipment purchases. These cash outflows were partially offset by proceeds from the settlement of life insurance policies of $0.8 million in fiscal year 2015.

Financing Activities. Net cash used in the financing activities of our continuing operations was $107.1 million for fiscal year 2015, as compared to net cash provided by the financing activities of our continuing operations of $30.9 million for fiscal year 2014, a change of $138.1 million. For fiscal year 2015, we repurchased 1.5 million shares of our common stock, including 95,129 shares of our common stock pursuant to our equity incentive plans, for a total cost of $76.4 million, including commissions. This compares to repurchases of 1.4 million shares of our common stock, including 98,269 shares of our common stock pursuant to our equity incentive plans, for a total cost of $65.5 million, including commissions, for fiscal year 2014. This use of cash in fiscal year 2015 was partially offset by proceeds from the issuance of common stock under stock plans of $14.9 million and $2.4 million of related excess tax benefit. This compares to proceeds from the issuance of common stock under stock plans of $24.5 million in fiscal year 2014. During fiscal year 2015, borrowings from our senior unsecured revolving credit facility totaled $451.0 million, which was more than offset by debt payments of $485.0 million. This compares to borrowings from our senior unsecured revolving credit facility of $475.0 million, which was partially offset by debt payments of $356.0 million. We paid $31.6 million in dividends during both fiscal years 2015 and 2014. During fiscal year 2015, we made net payments of $1.1 million on other credit facilities primarily for lease payments for our financing lease obligations, as described below under financing lease obligations. This compares to $12.7 million of payments on our other credit facilities primarily for debt that was acquired from our business acquisitions during fiscal year 2014. During fiscal year 2015, we also received $18.7 million for the settlement of forward foreign exchange contracts related to intercompany loans utilized to finance our acquisitions and made $0.1 million in payments for acquisition-related contingent consideration. During fiscal year 2014, we paid $1.8 million of debt financing costs for the refinancing of our debt held under a previous senior unsecured revolving credit facility and made $0.9 million in payments for acquisition-related contingent consideration.

Fiscal Year 2014

Operating Activities. Net cash provided by continuing operations was $282.3 million for fiscal year 2014, as compared to net cash provided by continuing operations of $157.2 million for fiscal year 2013, an increase of $125.0 million. The cash provided by operating activities for fiscal year 2014 was principally a result of income from continuing operations of $161.2 million, and non-cash charges, including depreciation and amortization of $116.7 million, stock based compensation expense of $14.5 million, restructuring and contract termination charges, net, of $13.4 million and loss related to our postretirement benefit plans, including the mark-to-market adjustment in the fourth quarter of fiscal year 2014, of $77.7 million. These amounts were partially offset by a net decrease of $67.6 million in accrued expenses, other assets and liabilities and other items, and a net increase in working capital of $33.5 million. The change in accrued expenses, other assets and liabilities and other items that decreased cash provided by operating activities by $67.6 million for fiscal year 2014, primarily related to the timing of payments for taxes, defined benefit pension plans, royalties, restructuring, and salary and benefits. During fiscal year 2014, we made contributions of $11.2 million, in the aggregate, to plans outside of the United States. Contributing to the net increase in working capital for fiscal year 2014, excluding the effect of foreign exchange rate fluctuations, was an increase in inventory of $24.6 million and an increase in accounts receivable of $17.0 million, which were partially offset by an increase in accounts payable of $8.1 million. The increase in inventory was primarily a result of realigning operations, research and development resources and production resources within our Environmental Health and Human Health segments to ensure responsiveness to customer requirements as this realignment occurs. The increase in accounts receivable was a result of higher sales volume in the fourth quarter of fiscal year 2014. The increase in accounts payable was primarily a result of the timing of disbursements during the fourth quarter of fiscal year 2014.

Investing Activities. Net cash used in the investing activities of our continuing operations was $297.5 million for fiscal year 2014, as compared to net cash used in the investing activities of our continuing operations of $1.7 million for fiscal year 2013, an increase of $295.8 million. For fiscal year 2014, we used $271.5 million of net cash for acquisitions and investments, as compared to $15.7 million used in fiscal year 2013. Capital expenditures for fiscal year 2014 were $29.1 million, primarily for manufacturing equipment and other capital equipment purchases, as compared to $39.0 million in fiscal year 2013. These cash outflows were partially offset by proceeds from dispositions of property, plant and equipment of $2.5 million, and the settlement of life insurance policies of $0.5 million in fiscal year 2014. Proceeds from dispositions of property, plant and equipment was $52.2 million for fiscal year 2013, primarily due to the sale of a building located in Boston, Massachusetts for net proceeds of $47.6 million. The settlement of life insurance policies provided proceeds of $0.8 million in fiscal year 2013.

Financing Activities. Net cash provided by the financing activities of our continuing operations was $30.9 million for fiscal year 2014, as compared to net cash used in the financing activities of our continuing operations of $154.2 million for

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fiscal year 2013, a change of $185.1 million. For fiscal year 2014, we repurchased 1.4 million shares of our common stock, including 98,269 shares of our common stock pursuant to our equity incentive plans, for a total cost of $65.5 million, including commissions. This compares to repurchases of 3.6 million shares of our common stock, including 127,544 shares of our common stock pursuant to our equity incentive plans, for a total cost of $127.4 million, including commissions, for fiscal year 2013. This use of cash in fiscal year 2014 was partially offset by proceeds from the issuance of common stock under stock plans of $24.5 million. This compares to proceeds from the issuance of common stock under stock plans of $20.3 million in fiscal year 2013. During fiscal year 2014, borrowings from our senior unsecured revolving credit facility totaled $475.0 million, which was partially offset by debt payments of $356.0 million. This compares to borrowings from our senior unsecured revolving credit facility of $677.0 million, which was offset by debt payments of $538.0 million and the prepayment of our 2015 Notes of $150.0 million in fiscal year 2013. We paid $31.6 million in dividends during both fiscal years 2014 and 2013. During fiscal year 2014, we made net payments of $12.7 million on other credit facilities primarily for debt that was acquired from our business acquisitions. This compares to $5.3 million of proceeds from our other credit facilities primarily related to capital improvements to leased buildings, which have been funded by the lessor, as described below in our financing lease obligations. During fiscal year 2014, we paid $1.8 million of debt financing costs for the refinancing of our debt held under a previous senior unsecured revolving credit facility and made $0.9 million in payments for acquisition-related contingent consideration. In fiscal year 2013, we paid a prepayment premium of $11.1 million for the redemption of our 2015 Notes and also received $1.4 million for settlement of forward foreign exchange contracts.

Borrowing Arrangements

Senior Unsecured Revolving Credit Facility. On January 8, 2014, we refinanced our debt held under a previous senior unsecured revolving credit facility and entered into a new senior unsecured revolving credit facility. The senior unsecured revolving credit facility provides for $700.0 million of revolving loans and has an initial maturity of January 8, 2019. As of January 3, 2016, undrawn letters of credit in the aggregate amount of $11.5 million were treated as issued and outstanding when calculating the borrowing availability under the senior unsecured revolving credit facility. As of January 3, 2016, we had $206.5 million available for additional borrowing under the facility. We use the senior unsecured revolving credit facility for general corporate purposes, which may include working capital, refinancing existing indebtedness, capital expenditures, share repurchases, acquisitions and strategic alliances. The interest rates under the senior unsecured revolving credit facility are based on the Eurocurrency rate or the base rate at the time of borrowing, plus a margin. The base rate is the higher of (i) the rate of interest in effect for such day as publicly announced from time to time by JP Morgan Chase Bank, N.A. as its "prime rate," (ii) the Federal Funds rate plus 50 basis points or (iii) one-month Libor plus 1.00%. At January 3, 2016, borrowings under the senior unsecured revolving credit facility were accruing interest primarily based on the Eurocurrency rate. The Eurocurrency margin as of January 3, 2016 was 108 basis points. The weighted average Eurocurrency interest rate as of January 3, 2016 was 0.36%, resulting in a weighted average effective Eurocurrency rate, including the margin, of 1.44%. As of January 3, 2016, the senior unsecured revolving credit facility had an aggregated carrying value of $479.6 million, which was net of $2.4 million unamortized debt issuance costs. As of December 28, 2014, the senior unsecured revolving credit facility had an aggregate carrying value of $512.8 million, which was net of $3.2 million unamortized debt issuance costs. The credit agreement for the facility contains affirmative, negative and financial covenants and events of default similar to those contained in the credit agreement for our previous facility. The financial covenants in our senior unsecured revolving credit facility include a debt-to-capital ratio, and two contingent covenants, a maximum consolidated leverage ratio and a minimum consolidated interest coverage ratio, applicable if our credit rating is downgraded below investment grade. We were in compliance with all applicable covenants as of January 3, 2016.

5% Senior Unsecured Notes due in 2021. On October 25, 2011, we issued $500.0 million aggregate principal amount of senior unsecured notes due in 2021 in a registered public offering and received $496.9 million of net proceeds from the issuance. The 2021 Notes were issued at 99.372% of the principal amount, which resulted in a discount of $3.1 million. As of January 3, 2016, the 2021 Notes had an aggregate carrying value of $495.1 million, net of $2.0 million of unamortized original issue discount and $2.9 million of unamortized debt issuance costs. As of December 28, 2014, the 2021 Notes had an aggregate carrying value of $494.4 million, net of $2.3 million of unamortized original issue discount and $3.3 million of unamortized debt issuance costs. The 2021 Notes mature in November 2021 and bear interest at an annual rate of 5%. Interest on the 2021 Notes is payable semi-annually on May 15th and November 15th each year. Prior to August 15, 2021 (three months prior to their maturity date), we may redeem the 2021 Notes in whole or in part, at our option, at a redemption price equal to the greater of (i) 100% of the principal amount of the 2021 Notes to be redeemed, plus accrued and unpaid interest, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest in respect to the 2021 Notes being redeemed, discounted on a semi-annual basis, at the Treasury Rate plus 45 basis points, plus accrued and unpaid interest. At any time on or after August 15, 2021 (three months prior to their maturity date), we may redeem the 2021 Notes, at our option, at a redemption price equal to 100% of the principal amount of the 2021 Notes to be redeemed plus accrued and unpaid interest. Upon a change of control (as defined in the indenture governing the 2021 Notes) and a contemporaneous downgrade of the 2021 Notes below investment grade, each holder of 2021 Notes will have the right to require us to repurchase such holder's 2021 Notes for 101%

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of their principal amount, plus accrued and unpaid interest. We were in compliance with all applicable covenants as of January 3, 2016.

Financing Lease Obligations. In fiscal year 2012, we entered into agreements with the lessors of certain buildings that we are currently occupying and leasing to expand those buildings. We provided a portion of the funds needed for the construction of the additions to the buildings, and as a result we are considered the owner of the buildings during the construction period. At the end of the construction period, we were not reimbursed by the lessors for all of the construction costs. We are therefore deemed to have continuing involvement and the leases qualify as financing leases under sale-leaseback accounting guidance, representing debt obligations for us and non-cash investing and financing activities. As a result, we capitalized $29.3 million in property, plant and equipment, net, representing the fair value of the buildings with a corresponding increase to debt. We have also capitalized $11.5 million in additional construction costs necessary to complete the renovations to the buildings, which were funded by the lessors, with a corresponding increase to debt. At January 3, 2016, we had $38.2 million recorded for these financing lease obligations, of which $1.1 million was recorded as short-term debt and $37.1 million was recorded as long-term debt. At December 28, 2014, we had $39.3 million recorded for these financing lease obligations, of which $1.1 million was recorded as short-term debt and $38.2 million was recorded as long-term debt. The buildings are being depreciated on a straight-line basis over the terms of the leases to their estimated residual values, which will equal the remaining financing obligation at the end of the lease term. At the end of the lease term, the remaining balances in property, plant and equipment, net and debt will be reversed against each other.

Dividends

Our Board declared a regular quarterly cash dividend of $0.07 per share in each quarter of fiscal years 2015 and 2014, resulting in an annual dividend rate of $0.28 per share. At January 3, 2016, we had accrued $7.8 million for dividends declared on October 29, 2015 for the fourth quarter of fiscal year 2015 that was paid in February 2016. On January 28, 2016, we announced that our Board had declared a quarterly dividend of $0.07 per share for the first quarter of fiscal year 2016 that will be payable in May 2016. In the future, our Board may determine to reduce or eliminate our common stock dividend in order to fund investments for growth, repurchase shares or conserve capital resources.

Contractual Obligations

The following table summarizes our contractual obligations at January 3, 2016 for continuing and discontinued operations. Purchase commitments are minimal and have been excluded from this table:

	Operating Leases		Sr. Unsecured Revolving Credit Facility Maturing  2019(1)		5.0% Sr. Notes Maturing 2021(2)		Financing Lease Obligations(3)		Employee Benefit Payments(4)		Unrecognized Tax Benefits(5)		Total
	(In thousands)
2016	$	51,025	$	—	$	25,000	$	1,123	$	28,602	$	—	$	105,750
2017	34,100		—		25,000		1,169		29,240		—		89,509
2018	25,931		—		25,000		1,367		29,934		—		82,232
2019	20,161		482,000		25,000		1,532		30,513		—		559,206
2020	16,442		—		25,000		1,597		31,353		—		74,392
2021 and thereafter	48,654		—		521,918		31,409		164,140		—		766,121
Total	$	196,313	$	482,000	$	646,918	$	38,197	$	313,782	$	—	$	1,677,210

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⁽¹⁾  The credit facility borrowings carry variable interest rates; the amount included in this table does not include interest obligations.

⁽²⁾  The 2021 Notes include interest obligations. As of January 3, 2016 the 2021 Notes had a carrying value of $495.1 million.

⁽³⁾  The financing lease obligations do not include interest obligations.

⁽⁴⁾  Employee benefit payments only include obligations through fiscal year 2025.

⁽⁵⁾  We have excluded $10.8 million, including accrued interest, net of tax benefits, and penalties, from our uncertain tax positions as we cannot make a reasonably reliable estimate of the amount and period of related future payments.

As of January 3, 2016, we may have to pay the shareholders of our acquisitions contingent consideration of up to $95.4 million. The table above does not reflect any of these obligations as the timing and amounts are uncertain. For further information related to our contingent consideration obligations, see Note 21 to our consolidated financial statements included in this annual report on Form 10-K.

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Capital Expenditures

During fiscal year 2016, we expect to invest an amount for capital expenditures similar to that in fiscal year 2015, primarily to introduce new products, to improve our operating processes, to shift the production capacity to lower cost locations, and to develop information technology. We expect to use our available cash and internally generated funds to fund these expenditures.

Other Potential Liquidity Considerations

At January 3, 2016, we had cash and cash equivalents of $237.9 million, of which $234.0 million was held by our non-U.S. subsidiaries, and we had $206.5 million of additional borrowing capacity available under a senior unsecured revolving credit facility. We had no other liquid investments at January 3, 2016.

We utilize a variety of tax planning and financing strategies to ensure that our worldwide cash is available in the locations in which it is needed. Of the $234.0 million of cash and cash equivalents held by our non-U.S. subsidiaries at January 3, 2016, we would incur U.S. taxes on approximately $156.4 million if transferred to the U.S. without proper planning. We expect the accumulated non-U.S. cash balances, which may not be transferred to the U.S. without incurring U.S. taxes, will remain outside of the U.S. and that we will meet U.S. liquidity needs through future cash flows, use of U.S. cash balances, external borrowings, or some combination of these sources.

On October 23, 2014, our Board authorized us to repurchase up to 8.0 million shares of common stock under a stock repurchase program (the "Repurchase Program"). The Repurchase Program will expire on October 23, 2016 unless terminated earlier by our Board, and may be suspended or discontinued at any time. During fiscal year 2015, we repurchased 1.5 million shares of common stock in the open market at an aggregate cost of $72.0 million, including commissions, under the Repurchase Program. As of January 3, 2016, 5.9 million shares remained available for repurchase under the Repurchase Program. From January 4, 2016 through February 25, 2016, we repurchased 2.4 million shares of common stock in the open market at an aggregate cost of $109.7 million, including commissions, under the Repurchase Program.

In addition, our Board has authorized us to repurchase shares of common stock to satisfy minimum statutory tax withholding obligations in connection with the vesting of restricted stock awards and restricted stock unit awards granted pursuant to our equity incentive plans and to satisfy obligations related to the exercise of stock options made pursuant to our equity incentive plans. During fiscal year 2015, we repurchased 95,129 shares of common stock for this purpose at an aggregate cost of $4.4 million.

The repurchased shares have been reflected as additional authorized but unissued shares, with the payments reflected in common stock and capital in excess of par value. Any repurchased shares will be available for use in connection with corporate programs. If we continue to repurchase shares, the Repurchase Program will be funded using our existing financial resources, including cash and cash equivalents, and our existing senior unsecured revolving credit facility.

Distressed global financial markets could adversely impact general economic conditions by reducing liquidity and credit availability, creating increased volatility in security prices, widening credit spreads and decreasing valuations of certain investments. The widening of credit spreads may create a less favorable environment for certain of our businesses and may affect the fair value of financial instruments that we issue or hold. Increases in credit spreads, as well as limitations on the availability of credit at rates we consider to be reasonable, could affect our ability to borrow under future potential facilities on a secured or unsecured basis, which may adversely affect our liquidity and results of operations. In difficult global financial markets, we may be forced to fund our operations at a higher cost, or we may be unable to raise as much funding as we need to support our business activities.

Our pension plans have not experienced a material impact on liquidity or counterparty exposure due to the volatility and uncertainty in the credit markets. With respect to plans outside of the United States, we expect to contribute $9.3 million in the aggregate during fiscal year 2016. During fiscal year 2015, we contributed $14.9 million, in the aggregate, to pension plans outside of the United States and $20.0 million to our defined benefit pension plan in the United States. We could potentially have to make additional funding payments in future periods for all pension plans. During fiscal year 2014, we contributed $11.2 million, in the aggregate, to plans outside of the United States. During fiscal year 2013, we made contributions of $37.0 million for the 2012 plan year to our defined benefit pension plan in the United States. During fiscal year 2013, we contributed $20.2 million, in the aggregate, to plans outside of the United States, which includes an additional contribution of $10.0 million to our defined benefit pension plan in the United Kingdom. We expect to use existing cash and external sources to satisfy future contributions to our pension plans.

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Effects of Recently Issued and Adopted Accounting Pronouncements

From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board ("the FASB") and are adopted by us as of the specified effective dates. Unless otherwise discussed, such pronouncements did not have or will not have a significant impact on our consolidated financial position, results of operations and cash flows or do not apply to our operations.

In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. The provisions of this guidance are effective for annual periods beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. We are evaluating the requirements of this guidance and have not yet determined the impact of the adoption on our consolidated financial position, results of operations and cash flows.

In November 2015, the FASB issued Accounting Standards Update No. 2015-17, Balance Sheet Classification of Deferred Taxes ("ASU No. 2015-17"). Under this new guidance, companies are required to present deferred tax assets and deferred tax liabilities, and any related valuation allowances, as noncurrent on our consolidated balance sheet. The provisions of this guidance can be applied prospectively or retrospectively and are effective for interim and annual periods beginning after December 15, 2016, with early adoption permitted. During fiscal year 2015, we early adopted the new guidance on a prospective basis and have presented all deferred tax assets and deferred tax liabilities as noncurrent in the consolidated balance sheet at January 3, 2016. If we elected to adopt the standard on a retrospective basis, current deferred tax assets of $62.0 million would have been classified as noncurrent at December 28, 2014.

In September 2015, the FASB issued ASU No. 2015-16. Under this new guidance, an acquirer should recognize adjustments to provisional amounts for items in a business combination that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The acquirer should record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The provisions of this guidance are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. During the third quarter of fiscal year 2015, we early adopted the new guidance and adjusted the provisional amounts recorded for acquisitions in which the purchase accounting allocations were preliminary. During fiscal year 2015, there was an immaterial impact on the current period net income as a result of the change to the provisional amounts for items that would have been recognized in previous periods if the adjustments to provisional amounts had been recognized as of the acquisition date.

In July 2015, the FASB issued Accounting Standards Update No. 2015-11, Simplifying the Measurement of Inventory. Under this new guidance, companies that use inventory measurement methods other than last-in, first-out or the retail inventory method should measure inventory at the lower of cost and net realizable value. The provisions of this guidance are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2016, with early adoption permitted. We are evaluating the requirements of this guidance. The adoption is not expected to have a material impact on our consolidated financial position, results of operations and cash flows.

In April 2015, the FASB issued Accounting Standards Update No. 2015-04, Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets. Under this new guidance, an entity with a fiscal year-end that does not coincide with a calendar month-end (for example an entity that has a 52/53 week fiscal year) has the ability, as a practical expedient, to measure its defined benefit retirement obligations and related plan assets as of the month-end that is closest to its fiscal year end. The provisions of this guidance should be applied prospectively. During fiscal year 2015, we early adopted the new guidance. The adoption did not have a material impact on our consolidated financial position, results of operations or cash flows.

In April 2015, the FASB issued Accounting Standards Update No. 2015-03, Interest - Imputation of Interest - Simplifying the Presentation of Debt Issuance Costs. Under this new guidance, debt issuance costs related to a recognized debt liability should be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The provisions of this guidance are to be applied retrospectively and are effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. We early adopted this guidance in the fourth quarter of fiscal year 2015. The consolidated balance sheet as of December 28, 2014, in our consolidated financial statements included in this annual report on Form 10-K, reflects a restatement to reclassify unamortized debt issuance costs of $6.5 million from other long-term assets to long-term debt. For debt issuance costs paid to secure revolving credit facilities, we made a policy election to present such costs as a direct deduction from the debt liability in the consolidated balance sheet.

In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. Under this new guidance, an entity should use a five-step process to recognize revenue, depicting the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in

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exchange for those goods or services. The standard also requires new disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Subsequent to the issuance of the standard, the FASB decided to defer the effective date for one year to annual periods beginning after December 15, 2017, with early adoption permitted for annual periods beginning after December 15, 2016. The standard may be adopted either using a full retrospective approach or a modified retrospective approach. We are evaluating the requirements of this guidance and have not yet determined the transition method to use or the impact of its adoption on our consolidated financial position, results of operations and cash flows. We do not intend to early adopt this standard.

Application of Critical Accounting Policies and Estimates

The preparation of consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, we evaluate our estimates, including those related to revenue recognition, warranty costs, bad debts, inventories, accounting for business combinations and dispositions, long-lived assets, income taxes, restructuring, pensions and other postretirement benefits, contingencies and litigation. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

We believe the following critical accounting policies affect our more significant judgments and estimates used in preparation of our consolidated financial statements.

Revenue recognition. We record product revenue when persuasive evidence of an arrangement exists, delivery has occurred, the price to the buyer is fixed or determinable, and collectability is reasonably assured. For products that include installation, and if the installation meets the criteria to be considered a separate element, we recognize product revenue upon delivery, and recognition of installation revenue is recognized when the installation is complete. For revenue that includes customer-specified acceptance criteria, we recognize revenue after the acceptance criteria have been met. Certain of our products require specialized installation. Revenue for these products is deferred until installation is completed. We defer revenue from services and recognize it over the contractual period, or as services are rendered.

In limited circumstances, we have arrangements that include multiple elements that are delivered at different points of time, such as revenue from products and services with a remaining service or storage component, including cord blood processing and storage. For these arrangements, the revenue is allocated to each of the deliverables based upon their relative selling prices as determined by a selling-price hierarchy. A deliverable in an arrangement qualifies as a separate unit of accounting if the delivered item has value to the customer on a stand-alone basis. A delivered item that does not qualify as a separate unit of accounting is combined with the other undelivered items in the arrangement and revenue is recognized for those combined deliverables as a single unit of accounting. The selling price used for each deliverable is based upon vendor-specific objective evidence ("VSOE") if such evidence is available, third-party evidence ("TPE") if VSOE is not available, and management's best estimate of selling price ("BESP") if neither VSOE nor TPE are available. TPE is the price of our or any competitor's largely interchangeable products or services in stand-alone sales to similarly-situated customers. BESP is the price at which we would sell the deliverable if it were sold regularly on a stand-alone basis, considering market conditions and entity-specific factors.

Revenue from software licenses and services was 5% of our total revenue for each of fiscal years 2015, 2014 and 2013. We sell our software licenses with maintenance services and, in some cases, also with consulting services. For the undelivered elements, we determine VSOE of fair value to be the price charged when the undelivered element is sold separately. We determine VSOE for maintenance sold in connection with a software license based on the amount that was separately charged for the maintenance renewal period. We determine VSOE for consulting services by reference to the amount charged for similar engagements when a software license sale is not involved.

We recognize revenue from software licenses sold together with maintenance and/or consulting services upon shipment using the residual method, provided that the above criteria have been met. If VSOE of fair value for the undelivered elements cannot be established, we defer all revenue from the arrangement until the earlier of the point at which such sufficient VSOE does exist or all elements of the arrangement have been delivered, or if the only undelivered element is maintenance, then we recognize the entire fee ratably over the maintenance period.

The majority of our sales relate to specific manufactured products or units rather than long-term customized projects, therefore we generally do not experience significant changes in original estimates. Further, we have not experienced any significant refunds or promotional allowances that require significant estimation.

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Warranty costs. We provide for estimated warranty costs for products at the time of their sale. Warranty liabilities are estimated using expected future repair costs based on historical labor and material costs incurred during the warranty period.

Allowances for doubtful accounts. We maintain allowances for doubtful accounts for estimated losses resulting from the inability of our customers to make required payments. We generally compute our allowance for doubtful accounts by (i) applying specific percentage reserves on accounts that are past due and deemed uncollectible; and (ii) specifically reserving for customers known to be in financial difficulty. Therefore, if the financial condition of our customers were to deteriorate beyond our estimates, we may have to increase our allowance for doubtful accounts. This would reduce our earnings. Accounts are written-off only when all methods of recovery have been exhausted.

Inventory valuation. We value inventory at the lower of cost or market. Inventories are accounted for using the first-in, first-out method. We periodically review these values to ascertain that market value of the inventory continues to exceed its recorded cost. Generally, reductions in value of inventory below cost are caused by our maintenance of stocks of products in excess of demand, or technological obsolescence of the inventory. We regularly review inventory quantities on hand and, when necessary, record provisions for excess and obsolete inventory based on either our estimated forecast of product demand and production requirements, or historical trailing usage of the product. If our sales do not materialize as planned or at historic levels, we may have to increase our reserve for excess and obsolete inventory. This would reduce our earnings. If actual market conditions are more favorable than anticipated, inventory previously written down may be sold, resulting in lower costs of sales and higher income from operations than expected in that period.

Business combinations. Business combinations are accounted for at fair value. Acquisition costs are expensed as incurred and recorded in selling, general and administrative expenses; previously held equity interests are valued at fair value upon the acquisition of a controlling interest; in-process research and development (“IPR&D”) is recorded at fair value as an intangible asset at the acquisition date; restructuring costs associated with a business combination are expensed subsequent to the acquisition date; and changes in deferred tax asset valuation allowances and income tax uncertainties after the acquisition date affect income tax expense. Measurement period adjustments are made in the period in which the amounts are determined and the current period income effect of such adjustments will be calculated as if the adjustments had been completed as of the acquisition date. All changes that do not qualify as measurement period adjustments are also included in current period earnings. The accounting for business combinations requires estimates and judgment as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair value for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed, including contingent consideration, are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. If the actual results differ from the estimates and judgments used in these estimates, the amounts recorded in the financial statements could result in a possible impairment of the intangible assets and goodwill, require acceleration of the amortization expense of finite-lived intangible assets, or the recognition of additional consideration which would be expensed. The fair value of contingent consideration is remeasured each period based on relevant information and changes to the fair value are included in the operating results for the period.

Value of long-lived assets, including goodwill and other intangibles. We carry a variety of long-lived assets on our consolidated balance sheets including property and equipment, investments, identifiable intangible assets, and goodwill. We periodically review the carrying value of all of these assets based, in part, upon current estimated market values and our projections of anticipated future cash flows. We undertake this review (i) on an annual basis for assets such as goodwill and non-amortizing intangible assets and (ii) on a periodic basis for other long-lived assets when facts and circumstances suggest that cash flows related to those assets may be diminished. Any impairment charge that we record reduces our earnings. The goodwill impairment test consists of a two-step process. The first step is the comparison of the fair value to the carrying value of the reporting unit to determine if the carrying value exceeds the fair value. The second step measures the amount of an impairment loss, and is only performed if the carrying value exceeds the fair value of the reporting unit. We perform the annual impairment assessment on the later of January 1 or the first day of each fiscal year. This same impairment test will be performed at other times during the course of the year should an event occur which suggests that the recoverability of goodwill should be reconsidered. Through fiscal year 2015, we conducted annual goodwill impairment assessments for our reporting units. We completed the annual goodwill impairment test using measurement dates of January 1, 2015 and January 1, 2014, and concluded based on the first step of the process that there was no goodwill impairment. At January 1, 2015, the fair value exceeded the carrying value by more than 20.0% for each reporting unit, with the exception of the Perten reporting unit in which its fair value approximated carrying value, as expected based on the recent acquisition date. At the beginning of fiscal year 2015, we realigned our organization which resulted in a change in the composition of our reporting units within our Human Health and Environmental Health segments. OneSource, our multivendor laboratory service business that serves the life sciences end market, was moved from our Environmental Health segment into our Human Health segment. As of December 28, 2014, as a result of the new alignment, we reallocated $41.2 million of goodwill from our Environmental Health segment to our

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Human Health segment based on the relative fair value, determined using the income approach, of the OneSource laboratory service business within our historical Environmental Health segment. While we believe that our estimates of current value are reasonable, if actual results differ from the estimates and judgments used including such items as future cash flows and the volatility inherent in markets which we serve, impairment charges against the carrying value of those assets could be required in the future.

Non-amortizing intangibles are also subject to an annual impairment test. The impairment test consists of a comparison of the fair value of the non-amortizing intangible asset with its carrying amount. If the carrying amount of a non-amortizing intangible asset exceeds its fair value, an impairment loss in an amount equal to that excess is recognized. In addition, we currently evaluate the remaining useful life of our non-amortizing intangible assets at least annually to determine whether events or circumstances continue to support an indefinite useful life. If events or circumstances indicate that the useful lives of non-amortizing intangible assets are no longer indefinite, the assets will be tested for impairment. These intangible assets will then be amortized prospectively over their estimated remaining useful life and accounted for in the same manner as other intangible assets that are subject to amortization. During fiscal year 2013, we recorded a charge of $0.2 million for the impairment of certain long-lived assets within our Human Health segment, as the carrying amounts of the long-lived assets were not recoverable and exceeded their fair value. The non-cash impairment of long-lived assets has been recorded as a separate component of operating expenses.

Employee compensation and benefits. We sponsor both funded and unfunded U.S. and non-U.S. defined benefit pension plans and other postretirement benefits. Retirement and postretirement benefit plans are a significant cost of doing business, and represent obligations that will be ultimately settled far in the future, and therefore are subject to estimation. Retirement and postretirement benefit plan expenses are allocated to cost of revenue, research and development, and selling, general and administrative expenses, in our consolidated statements of operations. We immediately recognize actuarial gains and losses in operating results in the year in which the gains and losses occur. Actuarial gains and losses are measured annually as of the calendar month-end that is closest to our fiscal year end and accordingly will be recorded in the fourth quarter, unless we are required to perform an interim remeasurement.

We recognized a loss of $9.4 million in fiscal year 2015, a loss of $77.7 million in fiscal year 2014 and income of $18.2 million in fiscal year 2013 for our retirement and postretirement benefit plans, which includes the charge for the mark-to-market adjustment for the postretirement benefit plans, which was recorded in the fourth quarter of each fiscal year. The loss or income related to the mark-to-market adjustment on postretirement benefit plans was a pre-tax loss of $12.4 million in fiscal year 2015, a pre-tax loss of $75.9 million in fiscal year 2014 and pre-tax income of $17.6 million in fiscal year 2013. We expect income of approximately $1.3 million in fiscal year 2016 for our retirement and postretirement benefit plans, excluding the charge for or benefit from the mark-to-market adjustment. It is difficult to reliably calculate and predict whether there will be a mark-to-market adjustment in fiscal year 2016. Mark-to-market adjustments are primarily driven by events and circumstances beyond our control, including changes in interest rates, the performance of the financial markets and mortality assumptions. To the extent the discount rates decrease or the value of our pension and postretirement investments decrease, mark-to market charges to operations will be recorded in fiscal year 2016. Conversely, to the extent the discount rates increase or the value of our pension and postretirement investments increase more than expected, mark-to market income will be recorded in fiscal year 2016. Pension accounting is intended to reflect the recognition of future benefit costs over the employee’s approximate service period based on the terms of the plans and the investment and funding decisions made. We are required to make assumptions regarding such variables as the expected long-term rate of return on assets, the discount rate applied and mortality assumptions, to determine service cost and interest cost, in order to arrive at expected pension income or expense for the year. Beginning in fiscal year 2016, the approach we use to calculate the service and interest components of net periodic benefit cost for certain benefit plans will be changed to provide a more precise measurement of service and interest costs. Prior to fiscal year 2016, we calculated these service and interest components utilizing a single weighted-average discount rate derived from a yield curve used to measure the benefit obligation at the beginning of the period. Beginning in fiscal year 2016, we have elected to utilize an approach that discounts the individual expected cash flows using the applicable spot rates derived from a yield curve over the projected cash flow period. Based on current economic conditions, we estimate that the service cost and interest cost for these certain plans will be reduced in fiscal year 2016. We will account for this as a change in accounting estimate.

As of January 3, 2016, we estimate the expected long-term rate of return on assets in our pension and other postretirement benefit plans in the United States to be 7.25% and to be 5.30% for all plans outside the United States. In addition, as of January 3, 2016 we estimate the discount rate for our pension and other postretirement benefit plans in the United States to be 4.24% and to be 2.88% for all plans outside the United States. For the plans in the United States, as of December 28, 2014 we adopted a new mortality base table, RP-2014, with projection scale, MP-2014, that was published by the Society of Actuaries in 2014. The adoption of the new mortality base table resulted in a $32.1 million increase to our projected benefit obligation as of December 28, 2014. During fiscal year 2015, the Society of Actuaries issued an updated mortality improvement scale that reflects smaller improvements in longevity than predicted by its MP-2014 scale. We adopted

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the updated projection scale, MP-2015, as of January 3, 2016. The adoption of the updated projection scale resulted in a $6.8 million decrease to the projected benefit obligation at January 3, 2016. We have analyzed the rates of return on assets used and determined that these rates are reasonable based on the plans’ historical performance relative to the overall markets in the countries where we invest the assets, as well as our current expectations for long-term rates of returns for our pension and other postretirement benefit assets. Our management will continue to assess the expected long-term rate of return on plan assets assumptions for each plan based on relevant market conditions, and will make adjustments to the assumptions as appropriate. Discount rate assumptions have been, and continue to be, based on the prevailing market long-term interest rates corresponding with expected benefit payments at the measurement date.

If any of our assumptions were to change as of January 3, 2016, our pension plan expenses would also change.

		Increase (Decrease) at January 3, 2016
	Percentage Point Change	Non-U.S.		U.S.
Pension plans discount rate	+0.25	(9,857	)	(8,194	)
	-0.25	10,439		8,587
Rate of return on pension plan assets	+1.00	(1,509	)	(2,447	)
	-1.00	1,509		2,447
Postretirement medical plans discount rate	+0.25	N/A		(99	)
	-0.25	N/A		104
Rate of return on postretirement medical plan assets	+1.00	N/A		(144	)
	-1.00	N/A		144

We have reduced the volatility in our healthcare costs provided to our retirees by adopting a defined dollar plan feature in fiscal year 2001. Under the defined dollar plan feature, our total annual liability for healthcare costs to any one retiree is limited to a fixed dollar amount, regardless of the nature or cost of the healthcare needs of that retiree. Our maximum future liability, therefore, cannot be increased by future changes in the cost of healthcare.

Restructuring activities. Our consolidated financial statements detail specific charges relating to restructuring activities as well as the actual spending that has occurred against the resulting accruals. Our pre-tax restructuring charges are estimates based on our preliminary assessments of (i) severance benefits to be granted to employees, based on known benefit formulas and contractual agreements, (ii) costs to abandon certain facilities based on known lease costs of sub-rental income and (iii) impairment of assets as discussed above under “Value of long-lived assets, including goodwill and other intangibles.” Because these accruals are estimates, they are subject to change as a result of deviations from initial restructuring plans or subsequent information that may come to our attention. For example, actual severance costs may be less than anticipated if employees voluntarily leave prior to the time at which they would be entitled to severance, or if anticipated legal hurdles in foreign jurisdictions prove to be less onerous than expected. In addition, unanticipated successes or difficulties in terminating leases and other contractual obligations may lead to changes in estimates. When such changes in estimates occur, they are reflected in our consolidated financial statements on our consolidated statements of operations line entitled “restructuring and contract termination charges, net.”

Dispositions. When we record the disposition of an asset or discontinuance of an operation, which meets the criteria to be reported as a discontinued operation, we make an estimate relative to the amount we expect to realize on the sale or disposition. This estimate is based on a variety of factors, including current interest in the market, alternative markets for the assets, and other relevant factors. If anticipated proceeds are less than the current carrying amount of the asset or operation, we record a loss. If anticipated proceeds are greater than the current carrying amount of the asset or operation, we recognize a gain net of expected contingencies when the transaction has been consummated. Accordingly, we may realize amounts different than were first estimated. During the fiscal year ended January 3, 2016, pre-tax losses from the disposition of discontinued operations was not material. Any such changes decrease or increase current earnings.

Income taxes. Our business operations are global in nature, and we are subject to taxes in numerous jurisdictions. Tax laws and tax rates vary substantially in these jurisdictions, and are subject to change given the political and economic climate in those countries. We report and pay income tax based on operational results and applicable law. Our tax provision contemplates tax rates currently in effect to determine both our current and deferred tax provisions. Any significant fluctuation in rates or changes in tax laws could cause our estimates of taxes we anticipate either paying or recovering in the future to change. Such changes could lead to either increases or decreases in our effective tax rate.

49

Significant judgment is required in determining our worldwide provision for income taxes and recording the related tax assets and liabilities. In the ordinary course of our business, there are operational decisions, transactions, facts and circumstances, and calculations for which the ultimate tax determination is not certain. Furthermore, our tax positions are periodically subject to challenge by taxing authorities throughout the world. Every quarter we review our tax positions in each significant taxing jurisdiction in the process of evaluating our unrecognized tax benefits. Adjustments are made to our unrecognized tax benefits when: (i) facts and circumstances regarding a tax position change, causing a change in our judgment regarding that tax position; (ii) a tax position is effectively settled with a tax authority at a differing amount; and/or (iii) the statute of limitations expires regarding a tax position. Any significant impact as a result of changes in underlying facts, law, tax rates, tax audit, or review could lead to adjustments to our income tax expense, our effective tax rate, or our cash flow.

Additionally, we have established valuation allowances against a variety of deferred tax assets, including state net operating loss carryforwards, state income tax credit carryforwards, and certain foreign tax attributes. Valuation allowances take into consideration our ability to use these deferred tax assets and reduce the value of such items to the amount that is deemed more likely than not to be recoverable. In evaluating our ability to recover our deferred tax assets within the jurisdiction from which they arise, we consider all available positive and negative evidence, including reversals of deferred tax liabilities, projected future taxable income, tax-planning strategies, and results of recent operations. In projecting future taxable income, we begin with historical results adjusted for the results of discontinued operations and incorporate assumptions about the future pretax operating income adjusted for items that do not have tax consequences. These assumptions about future taxable income require significant judgment and are consistent with the plans and estimates we are using to manage the underlying business. Changes in our assumptions regarding the appropriate amount for valuation allowances could result in the increase or decrease in the valuation allowance, with a corresponding charge or benefit to our tax provision.

Taxes have not been provided on unremitted earnings of international subsidiaries that we consider indefinitely reinvested because we plan to keep these amounts indefinitely reinvested overseas except for instances where we can remit such earnings to the U.S. without an associated net tax cost. Our indefinite reinvestment determination is based on the future operational and capital requirements of our U.S. and non-U.S. operations. As of January 3, 2016, the amount of foreign earnings that we have the intent and ability to keep invested outside the U.S. indefinitely and for which no U.S. tax cost has been provided was approximately $859.0 million. It is not practical to calculate the unrecognized deferred tax liability on those earnings.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures about Market Risk

Financial Instruments

Financial instruments that potentially subject us to concentrations of credit risk consist principally of temporary cash investments, derivatives, marketable securities and accounts receivable. We believe we had no significant concentrations of credit risk as of January 3, 2016.

We use derivative instruments as part of our risk management strategy only, and include derivatives utilized as economic hedges that are not designated as hedging instruments. By nature, all financial instruments involve market and credit risks. We enter into derivative instruments with major investment grade financial institutions and have policies to monitor the credit risk of those counterparties. We do not enter into derivative contracts for trading or other speculative purposes, nor do we use leveraged financial instruments. Approximately 60% of our business is conducted outside of the United States, generally in foreign currencies. As a result, fluctuations in foreign currency exchange rates can increase the costs of financing, investing and operating the business.

In the ordinary course of business, we enter into foreign exchange contracts for periods consistent with our committed exposures to mitigate the effect of foreign currency movements on transactions denominated in foreign currencies. The intent of these economic hedges is to offset gains and losses that occur on the underlying exposures from these currencies, with gains and losses resulting from the forward currency contracts that hedge these exposures. Transactions covered by hedge contracts include intercompany and third-party receivables and payables. The contracts are primarily in European and Asian currencies, have maturities that do not exceed 12 months, have no cash requirements until maturity, and are recorded at fair value on the consolidated balance sheets. The unrealized gains and losses on our foreign currency contracts are recognized immediately in interest and other expense, net. The cash flows related to the settlement of these hedges are included in cash flows from operating activities within our consolidated statement of cash flows.

Principal hedged currencies include the British Pound, Euro, Japanese Yen and Singapore Dollar. We held forward foreign exchange contracts, designated as economic hedges, with U.S. dollar equivalent notional amounts totaling $127.3 million at January 3, 2016, $95.0 million at December 28, 2014 and $138.4 million at December 29, 2013, and the fair value of these foreign currency derivative contracts was insignificant. The gains and losses realized on these foreign currency derivative

50

contracts are not material. The duration of these contracts was generally 30 days or less during each of fiscal years 2015, 2014 and 2013.

In addition, in connection with certain intercompany loan agreements utilized to finance our acquisitions, we enter into forward foreign exchange contracts intended to hedge movements in foreign exchange rates prior to settlement of such intercompany loans denominated in foreign currencies. We record these hedges at fair value on our consolidated balance sheets. The unrealized gains and losses on these hedges, as well as the gains and losses associated with the remeasurement of the intercompany loans, are recognized immediately in interest and other expense, net. The cash flows related to the settlement of these hedges are included in cash flows from financing activities within our consolidated statement of cash flows.

During fiscal year 2014, we entered into five forward foreign exchange contracts, designated as economic hedges, with settlement dates in fiscal year 2015 and combined Euro denominated notional amounts of €238.2 million outstanding as of December 28, 2014, designated as economic hedges, that were intended to hedge movements in foreign exchange rates prior to settlement of certain intercompany loan agreements. During fiscal year 2015, we settled several of these forward exchange contracts. During fiscal year 2015, we also entered into new forward foreign exchange contracts that settled in fiscal year 2015 or will settle in fiscal year 2016. The combined Euro denominated notional amounts of these outstanding hedges was €107.4 million and €238.2 million as of January 3, 2016 and December 28, 2014, respectively. The net gains and losses on these derivatives, combined with the gains and losses on the remeasurement of the hedged intercompany loans, were not material for fiscal years 2015 and 2014. During fiscal year 2015, we received $18.7 million as a result of the settlement of these hedges.

In May 2008, we settled forward interest rate contracts with notional amounts totaling $150.0 million upon the issuance of our 2015 Notes, and recognized $8.4 million, net of taxes of $5.4 million, of accumulated derivative losses in other comprehensive (loss) income. During fiscal year 2013, we amortized a pre-tax loss of $2.0 million into interest and other expense, net. In addition, during fiscal year 2013, we redeemed all of our 2015 Notes and recognized a pre-tax loss of $2.8 million for the remaining unamortized derivative losses into interest and other expense, net.

Market Risk

Market Risk. We are exposed to market risk, including changes in interest rates and currency exchange rates. To manage the volatility relating to these exposures, we enter into various derivative transactions pursuant to our policies to hedge against known or forecasted market exposures.

Foreign Exchange Risk. The potential change in foreign currency exchange rates offers a substantial risk to us, as approximately 60% of our business is conducted outside of the United States, generally in foreign currencies. Our risk management strategy currently uses forward contracts to mitigate certain balance sheet foreign currency transaction exposures. The intent of these economic hedges is to offset gains and losses that occur on the underlying exposures, with gains and losses resulting from the forward contracts that hedge these exposures. Moreover, we are able to partially mitigate the impact that fluctuations in currencies have on our net income as a result of our manufacturing facilities located in countries outside the United States, material sourcing and other spending which occur in countries outside the United States, resulting in natural hedges.

Although we attempt to manage our foreign currency exchange risk through the above activities, when the U.S. dollar weakens against other currencies in which we transact business, sales and net income will in general be positively but not proportionately impacted. Conversely, when the U.S. dollar strengthens against other currencies in which we transact business, sales and net income will in general be negatively but not proportionately impacted.

Foreign Currency Risk—Value-at-Risk Disclosure. We utilize a Value-at-Risk model to determine the potential earning/fair value exposures presented by our foreign currency related financial instruments. As discussed above, we seek to minimize this exposure through our hedging program. Our Value-at-Risk computation is based on the Monte Carlo simulation, utilizing a 95% confidence interval and a holding period of 30 days. As of January 3, 2016, this computation estimated that there is a 5% chance that the market value of the underlying exposures and the corresponding derivative instruments either increase or decrease due to foreign currency fluctuations by more than $0.5 million. This Value-At-Risk measure is consistent with our financial statement disclosures relative to our foreign currency hedging program. Specifically, during each of the four quarters ended in fiscal year 2015, the Value-At-Risk ranged between $0.3 million and $0.9 million, with an average of approximately $0.5 million.

Interest Rate Risk. As described above in “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations-Liquidity and Capital Resources,” our debt portfolio includes variable rate instruments. Fluctuations in interest rates can therefore have a direct impact on both our short-term cash flows, as they relate to interest, and our earnings. To manage the volatility relating to these exposures, we periodically enter into various derivative transactions pursuant to our policies to hedge against known or forecasted interest rate exposures.

51

In May 2008, we settled forward interest rate contracts with notional amounts totaling $150.0 million upon the issuance of our 2015 Notes, and recognized $8.4 million, net of taxes of $5.4 million, of accumulated derivative losses in other comprehensive (loss) income. During fiscal year 2013, we amortized a pre-tax loss of $2.0 million into interest and other expense, net. In addition, during fiscal year 2013, we redeemed all of our 2015 Notes and recognized a pre-tax loss of $2.8 million for the remaining unamortized derivative losses into interest and other expense, net.

Interest Rate Risk—Sensitivity. As of January 3, 2016, our debt portfolio consisted of $482.0 million of variable rate debt. In addition, our cash and cash equivalents, for which we receive interest at variable rates, were $237.9 million at January 3, 2016. Our current earnings exposure for changes in interest rates can be summarized as follows:

(i) Changes in interest rates can cause interest charges on our variable rate debt, consisting of $482.0 million of revolving debt facilities, to fluctuate. An increase of 10%, or approximately 14 basis points, in current interest rates would cause an additional pre-tax charge to our earnings of $0.7 million for fiscal year 2016.

(ii) Changes in interest rates can cause our cash flows relative to interest payments on variable rate debt to fluctuate. As described above, an increase of 10%, or approximately 14 basis points, in current interest rates would cause our cash outflows to increase by $0.7 million for fiscal year 2016.

(iii) Changes in interest rates can cause our interest income and cash flows to fluctuate.

52

Item 8. Financial Statements and Supplemental Data

TABLE OF CONTENTS

Report of Independent Registered Public Accounting Firm	54
Consolidated Statements of Operations for Each of the Three Fiscal Years in the Period Ended January 3, 2016	55
Consolidated Statements of Comprehensive Income for Each of the Three Fiscal Years in the Period Ended January 3, 2016	56
Consolidated Balance Sheets as of January 3, 2016 and December 28, 2014	57
Consolidated Statements of Stockholders’ Equity for Each of the Three Fiscal Years in the Period Ended January 3, 2016	58
Consolidated Statements of Cash Flows for Each of the Three Fiscal Years in the Period Ended January 3, 2016	59
Notes to Consolidated Financial Statements	60

53

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of PerkinElmer, Inc.

Waltham, Massachusetts

We have audited the accompanying consolidated balance sheets of PerkinElmer, Inc. and subsidiaries (the “Company”) as of January 3, 2016 and December 28, 2014, and the related consolidated statements of operations, comprehensive income, stockholders’ equity, and cash flows for each of the three years in the period ended January 3, 2016. Our audits also included the financial statement schedule listed in the Index at Item 15. These financial statements and financial statement schedule are the responsibility of the Company’s management. Our responsibility is to express an opinion on these financial statements and the financial statement schedule based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of PerkinElmer, Inc. and subsidiaries as of January 3, 2016 and December 28, 2014, and the results of their operations and their cash flows for each of the three years in the period ended January 3, 2016, in conformity with accounting principles generally accepted in the United States of America. Also, in our opinion, such financial statement schedule, when considered in relation to the basic consolidated financial statements taken as a whole, presents fairly, in all material respects, the information set forth therein.

As discussed in Note 1 to the consolidated financial statements, the Company adopted Financial Accounting Standards Board Accounting Standards Update 2015-17, Balance Sheet Classification of Deferred Taxes on a prospective basis. Accordingly, such changes are reflected in the accompanying consolidated balance sheet as of January 3, 2016 but are not reflected in the accompanying consolidated balance sheet as of December 28, 2014.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the Company’s internal control over financial reporting as of January 3, 2016, based on the criteria established in Internal Control—Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated March 1, 2016 expressed an unqualified opinion on the Company’s internal control over financial reporting.

/s / DELOITTE & TOUCHE LLP

Boston, Massachusetts

March 1, 2016

54

CONSOLIDATED STATEMENTS OF OPERATIONS

For the Fiscal Years Ended

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands, except per share data)
Revenue
Product revenue	$	1,552,638		$	1,540,075		$	1,498,070
Service revenue	709,721			697,144			659,516
Total revenue	2,262,359			2,237,219			2,157,586
Cost of product revenue	793,728			805,345			783,584
Cost of service revenue	444,131			427,266			397,860
Selling, general and administrative expenses	598,848			659,335			581,898
Research and development expenses	125,928			121,141			132,400
Restructuring and contract termination charges, net	13,590			13,390			33,892
Asset impairment	—			—			158
Operating income from continuing operations	286,134			210,742			227,794
Interest and other expense, net	42,119			41,139			64,110
Income from continuing operations before income taxes	244,015			169,603			163,684
Provision for (benefit from) income taxes	31,327			8,437			(10,583		)
Income from continuing operations	212,688			161,166			174,267
Loss from discontinued operations before income taxes	(3		)	(4,959		)	(10,352		)
Loss on disposition of discontinued operations before income taxes	(28		)	(260		)	(1,810		)
Provision for (benefit from) income taxes on discontinued operations and dispositions	232			(1,831		)	(5,107		)
Loss on discontinued operations and dispositions	(263		)	(3,388		)	(7,055		)
Net income	$	212,425		$	157,778		$	167,212
Basic earnings per share:
Income from continuing operations	$	1.89		$	1.43		$	1.55
Loss on discontinued operations and dispositions	0.00			(0.03		)	(0.06		)
Net income	$	1.89		$	1.40		$	1.49
Diluted earnings per share:
Income from continuing operations	$	1.88		$	1.42		$	1.54
Loss on discontinued operations and dispositions	0.00			(0.03		)	(0.06		)
Net income	$	1.87		$	1.39		$	1.47

The accompanying notes are an integral part of these consolidated financial statements.

55

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

For the Fiscal Years Ended

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Net income	$	212,425		$	157,778		$	167,212
Other comprehensive (loss) income
Foreign currency translation adjustments	(70,178		)	(52,951		)	8,756
Unrecognized prior service costs, net of tax	(316		)	146			(658		)
Reclassification adjustments for losses on derivatives included in net income, net of tax	—			—			2,892
Unrealized (losses) gains on securities, net of tax	(262		)	14			8
Other comprehensive (loss) income	(70,756		)	(52,791		)	10,998
Comprehensive income	$	141,669		$	104,987		$	178,210

The accompanying notes are an integral part of these consolidated financial statements.

56

CONSOLIDATED BALANCE SHEETS

As of the Fiscal Years Ended

	January 3, 2016			December 28, 2014
	(In thousands, except share and per share data)
Current assets:
Cash and cash equivalents	$	237,932		$	174,821
Accounts receivable, net	439,015			470,563
Inventories	288,028			285,457
Other current assets	68,186			137,710
Total current assets	1,033,161			1,068,551
Property, plant and equipment, net	167,029			176,194
Marketable securities and investments	1,586			1,568
Intangible assets, net	490,811			490,265
Goodwill	2,276,149			2,284,077
Other assets, net	197,559			106,921
Total assets	$	4,166,295		$	4,127,576
Current liabilities:
Current portion of long-term debt	$	1,123		$	1,075
Accounts payable	152,726			173,953
Accrued restructuring and contract termination charges	17,090			17,124
Accrued expenses and other current liabilities	388,446			403,021
Current liabilities of discontinued operations	2,100			2,137
Total current liabilities	561,485			597,310
Long-term debt	1,011,762			1,045,393
Long-term liabilities	482,607			442,771
Total liabilities	2,055,854			2,085,474
Commitments and contingencies (see Notes 13 and 16)
Stockholders’ equity:
Preferred stock—$1 par value per share, authorized 1,000,000 shares; none issued or outstanding	—			—
Common stock—$1 par value per share, authorized 300,000,000 shares; issued and outstanding 112,034,000 and 112,481,000 shares at January 3, 2016 and December 28, 2014, respectively	112,034			112,481
Capital in excess of par value	52,932			94,276
Retained earnings	1,991,431			1,810,545
Accumulated other comprehensive (loss) income	(45,956		)	24,800
Total stockholders’ equity	2,110,441			2,042,102
Total liabilities and stockholders’ equity	$	4,166,295		$	4,127,576

The accompanying notes are an integral part of these consolidated financial statements.

57

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

For the Three Fiscal Years Ended January 3, 2016

	Common Stock Amount			Capital in Excess of Par Value			Retained Earnings			Accumulated Other Comprehensive Income (loss)			Total Stockholders’ Equity
	(In thousands)
Balance, December 30, 2012	$	115,036		$	209,610		$	1,548,573		$	66,593		$	1,939,812
Net income	—			—			167,212			—			167,212
Other comprehensive income	—			—			—			10,998			10,998
Dividends	—			—			(31,421		)	—			(31,421		)
Exercise of employee stock options and related income tax benefits	947			18,895			—			—			19,842
Issuance of common stock for employee stock purchase plans	90			2,642			—			—			2,732
Purchases of common stock	(3,728		)	(123,670		)	—			—			(127,398		)
Issuance of common stock for long-term incentive program	281			7,976			—			—			8,257
Stock compensation	—			4,453			—			—			4,453
Balance, December 29, 2013	$	112,626		$	119,906		$	1,684,364		$	77,591		$	1,994,487
Net income	—			—			157,778			—			157,778
Other comprehensive loss	—			—			—			(52,791		)	(52,791		)
Dividends	—			—			(31,597		)	—			(31,597		)
Exercise of employee stock options and related income tax benefits	1,024			23,431			—			—			24,455
Issuance of common stock for employee stock purchase plans	61			2,478			—			—			2,539
Purchases of common stock	(1,448		)	(64,081		)	—			—			(65,529		)
Issuance of common stock for long-term incentive program	218			7,662			—			—			7,880
Stock compensation	—			4,880			—			—			4,880
Balance, December 28, 2014	$	112,481		$	94,276		$	1,810,545		$	24,800		$	2,042,102
Net income	—			—			212,425			—			212,425
Other comprehensive loss	—			—			—			(70,756		)	(70,756		)
Dividends	—			—			(31,539		)	—			(31,539		)
Exercise of employee stock options and related income tax benefits	849			16,491			—			—			17,340
Issuance of common stock for employee stock purchase plans	78			3,608			—			—			3,686
Purchases of common stock	(1,595		)	(74,844		)	—			—			(76,439		)
Issuance of common stock for long-term incentive program	221			9,098			—			—			9,319
Stock compensation	—			4,303			—			—			4,303
Balance, January 3, 2016	$	112,034		$	52,932		$	1,991,431		$	(45,956	)	$	2,110,441

The accompanying notes are an integral part of these consolidated financial statements.

58

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Fiscal Years Ended

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Operating activities:
Net income	$	212,425		$	157,778		$	167,212
Loss from discontinued operations and dispositions, net of income taxes	263			3,388			7,055
Income from continuing operations	212,688			161,166			174,267
Adjustments to reconcile income from continuing operations to net cash provided by continuing operations:
Restructuring and contract termination charges, net	13,590			13,390			33,892
Depreciation and amortization	112,007			116,736			126,879
Stock-based compensation	17,719			14,464			14,053
Pension and other postretirement expense (income)	9,420			77,669			(18,176		)
Deferred taxes	(6,571		)	(33,351		)	(29,907		)
Contingencies and non-cash tax matters	(5,342		)	(7,605		)	(34,455		)
Amortization of deferred debt issuance costs and accretion of discounts	1,496			1,434			6,502
Losses (gains) on dispositions, net	—			108			(1,566		)
Amortization of acquired inventory revaluation	7,275			2,425			203
Asset impairment	—			—			158
Excess tax benefit from exercise of common stock options	(2,435		)	—			—
Changes in assets and liabilities which provided (used) cash, excluding effects from companies acquired and divested:
Accounts receivable, net	6,760			(16,989		)	(14,071		)
Inventories	(28,700		)	(24,642		)	(14,171		)
Accounts payable	(16,082		)	8,103			(1,083		)
Accrued expenses and other	(34,244		)	(30,640		)	(85,277		)
Net cash provided by operating activities of continuing operations	287,581			282,268			157,248
Net cash (used in) provided by operating activities of discontinued operations	(483		)	(671		)	1,343
Net cash provided by operating activities	287,098			281,597			158,591
Investing activities:
Capital expenditures	(29,632		)	(29,072		)	(38,981		)
Proceeds from dispositions of property, plant and equipment, net	—			2,531			52,202
Changes in restricted cash balances	59			—			—
Proceeds from surrender of life insurance policies	757			490			783
Activity related to acquisitions and investments, net of cash and cash equivalents acquired	(72,040		)	(271,477		)	(15,699		)
Net cash used in investing activities of continuing operations	(100,856		)	(297,528		)	(1,695		)
Net cash provided by investing activities of discontinued operations	—			1,631			484
Net cash used in investing activities	(100,856		)	(295,897		)	(1,211		)
Financing activities:
Payments on revolving credit facility	(485,000		)	(356,000		)	(538,000		)
Proceeds from revolving credit facility	451,000			475,000			677,000
Prepayment of long-term debt	—			—			(150,000		)
Premium on prepayment of long-term debt	—			—			(11,119		)
Payments of debt financing costs	—			(1,845		)	—
Net (payments on) proceeds from other credit facilities	(1,072		)	(12,675		)	5,281
Settlement of cash flow hedges	18,706			—			1,363
Payments for acquisition-related contingent consideration	(103		)	(855		)	—
Excess tax benefit from exercise of common stock	2,435			—			—
Proceeds from issuance of common stock under stock plans	14,905			24,455			20,313
Purchases of common stock	(76,439		)	(65,529		)	(127,398		)
Dividends paid	(31,571		)	(31,620		)	(31,600		)
Net cash (used in) provided by financing activities	(107,139		)	30,931			(154,160		)
Effect of exchange rate changes on cash and cash equivalents	(15,992		)	(15,052		)	(1,422		)
Net increase in cash and cash equivalents	63,111			1,579			1,798
Cash and cash equivalents at beginning of year	174,821			173,242			171,444
Cash and cash equivalents at end of year	$	237,932		$	174,821		$	173,242
Supplemental disclosures of cash flow information
Cash paid during the year for:
Interest	$	31,741		$	30,320		$	39,904
Income taxes	$	49,275		$	40,638		$	36,675

The accompanying notes are an integral part of these consolidated financial statements.

59

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Note 1: Nature of Operations and Accounting Policies

Nature of Operations:    PerkinElmer, Inc. is a leading provider of products, services and solutions to the diagnostics, research, environmental, industrial and laboratory services markets. Through its advanced technologies, solutions and services, critical issues are addressed that help to improve the health and safety of people and their environment. The results are reported within two reporting segments: Human Health and Environmental Health.

The consolidated financial statements include the accounts of PerkinElmer, Inc. and its subsidiaries (the “Company”). All intercompany balances and transactions have been eliminated in consolidation.

The Company has two operating segments; Human Health and Environmental Health. The Company’s Human Health segment concentrates on developing diagnostics, tools and applications to help detect diseases earlier and more accurately and to accelerate the discovery and development of critical new therapies. Within the Human Health segment, the Company serves both the diagnostics and research markets. The Company’s Environmental Health segment provides products, services and solutions to facilitate the creation of safer food and consumer products, more secure surroundings and efficient energy resources. The Environmental Health segment serves the environmental, industrial and laboratory services markets.

The Company realigned its organization at the beginning of fiscal year 2015. OneSource, the Company's multivendor laboratory service business that serves the life sciences end market, was moved from the Environmental Health segment into the Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of the Company's operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to the Company's operating segments.

The Company's fiscal year ends on the Sunday nearest December 31. The Company reports fiscal years under a 52/53 week format and as a result, certain fiscal years will contain 53 weeks. The fiscal year ended January 3, 2016 included 53 weeks. The additional week in fiscal year 2015 has been reflected in the Company's third quarter. Each of the fiscal years ended December 28, 2014 and December 29, 2013 included 52 weeks. The fiscal year ending January 1, 2017 will include 52 weeks.

The Company has evaluated subsequent events from January 3, 2016 through the date of the issuance of these consolidated financial statements and has determined that other than the events the Company has disclosed within the notes to the consolidated financial statements, no material subsequent events have occurred that would affect the information presented in these consolidated financial statements.

Accounting Policies and Estimates:    The preparation of consolidated financial statements in accordance with United States (“U.S.”) Generally Accepted Accounting Principles (“GAAP”) requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, the Company evaluates its estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

Revenue Recognition:    The Company’s product revenue is recorded when persuasive evidence of an arrangement exists, delivery has occurred, the price to the buyer is fixed or determinable, and collectability is reasonably assured. For products that include installation, and if the installation meets the criteria to be considered a separate element, product revenue is recognized upon delivery, and installation revenue is recognized when the installation is complete. For revenue that includes customer-specified acceptance criteria, revenue is recognized after the acceptance criteria have been met. Certain of the Company’s products require specialized installation. Revenue for these products is deferred until installation is completed. Revenue from services is deferred and recognized over the contractual period, or as services are rendered.

In limited circumstances, the Company has arrangements that include multiple elements that are delivered at different points of time, such as revenue from products and services with a remaining service or storage component, including cord blood processing and storage. For these arrangements, the revenue is allocated to each of the deliverables based upon their relative selling prices as determined by a selling-price hierarchy. A deliverable in an arrangement qualifies as a separate unit of accounting if the delivered item has value to the customer on a stand-alone basis. A delivered item that does not qualify as a separate unit of accounting is combined with the other undelivered items in the arrangement and revenue is recognized for those combined deliverables as a single unit of accounting. The selling price used for each deliverable is based upon vendor-specific objective evidence ("VSOE") if such evidence is available, third-party evidence ("TPE") if VSOE is not available, and management's best estimate of selling price ("BESP") if neither VSOE nor TPE are available. TPE is the price of the Company's or any competitor's largely interchangeable products or services in stand-alone sales to similarly-situated customers.

60

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

BESP is the price at which the Company would sell the deliverable if it were sold regularly on a stand-alone basis, considering market conditions and entity-specific factors.

Revenue from software licenses and services was 5% of the Company's total revenue for each of fiscal years 2015, 2014 and 2013. The Company sells its software licenses with maintenance services and, in some cases, also with consulting services. For the undelivered elements, the Company determines VSOE of fair value to be the price charged when the undelivered element is sold separately. The Company determines VSOE for maintenance sold in connection with a software license based on the amount that will be separately charged for the maintenance renewal period. The Company determines VSOE for consulting services by reference to the amount charged for similar engagements when a software license sale is not involved.

The Company recognizes revenue from software licenses sold together with maintenance and/or consulting services upon shipment using the residual method, provided that the above criteria have been met. If VSOE of fair value for the undelivered elements cannot be established, the Company defers all revenue from the arrangement until the earlier of the point at which such sufficient VSOE does exist or all elements of the arrangement have been delivered, or if the only undelivered element is maintenance, then the Company recognizes the entire fee ratably over the maintenance period.

The Company recognizes revenue from the grant of certain intellectual property rights for patented technologies it owns. These rights typically include a combination of the following: the grant of a non-exclusive, retroactive and future license to patented technologies, a covenant-not-to-sue, the release of the licensee from certain claims, and the dismissal of any pending litigation. The intellectual property rights granted may be perpetual in nature, extending until the expiration of the related patents, or can be granted for a defined timeframe. For these arrangements, the revenue is allocated to each of the deliverables based upon their relative selling prices as determined by the selling-price hierarchy. In the case where the agreement includes the dismissal of any pending litigation, the Company allocates between revenue and litigation settlement using the residual method. The Company recognizes revenue when the earnings process is complete and upon the execution of the agreement, when collectability is reasonably assured, or upon receipt of the minimum upfront fee for term agreement renewals, and when all other revenue recognition criteria have been met.

Service revenues represent the Company’s service offerings including service contracts, field service including related time and materials, diagnostic testing, cord blood processing and storage, and training. Service revenues are recognized as the service is performed. Revenues for service contracts and storage contracts are recognized over the contract period.

The Company sells products and accessories predominantly through its direct sales force. As a result, the use of distributors is generally limited to geographic regions where the Company has no direct sales force. The Company does not offer product return or exchange rights (other than those relating to defective goods under warranty) or price protection allowances to its customers, including its distributors. Payment terms granted to distributors are the same as those granted to end-user customers and payments are not dependent upon the distributors’ receipt of payment from their end-user customers. Sales incentives related to distributor revenue are also the same as those for end-user customers.

Warranty Costs:    The Company provides for estimated warranty costs for products at the time of their sale. Warranty liabilities are estimated using expected future repair costs based on historical labor and material costs incurred during the warranty period.

Shipping and Handling Costs:    The Company reports shipping and handling revenue in revenue, to the extent they are billed to customers, and the associated costs in cost of product revenue.

Inventories:    Inventories, which include material, labor and manufacturing overhead, are valued at the lower of cost or market. Inventories are accounted for using the first-in, first-out method of determining inventory costs. Inventory quantities on-hand are regularly reviewed, and where necessary, provisions for excess and obsolete inventory are recorded based primarily on the Company’s estimated forecast of product demand and production requirements.

Income Taxes:    The Company uses the asset and liability method of accounting for income taxes. Under the asset and liability method, deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. This method also requires the recognition of future tax benefits such as net operating loss carryforwards, to the extent that realization of such benefits is more likely than not. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. A valuation allowance is established for any deferred tax asset for which realization is not more likely than not. With respect to earnings expected to be indefinitely reinvested offshore, the Company does not accrue tax for the repatriation of such foreign earnings.

61

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. These reserves are based on a determination of whether and how much of a tax benefit taken by the Company in its tax filings or positions is more likely than not to be realized following resolution of any potential contingencies present related to the tax benefit. Potential interest and penalties associated with such uncertain tax positions is recorded as a component of income tax expense. See Note 6, below, for additional details.

Property, Plant and Equipment:    The Company depreciates property, plant and equipment using the straight-line method over its estimated useful lives, which generally fall within the following ranges: buildings- 10 to 40 years; leasehold improvements-estimated useful life or remaining term of lease, whichever is shorter; and machinery and equipment- 3 to 7 years. Certain tooling costs are capitalized and amortized over a 3-year life, while repairs and maintenance costs are expensed.

Asset Retirement Obligations:    The Company records obligations associated with its lease obligations, the retirement of tangible long-lived assets and the associated asset retirement costs in accordance with authoritative guidance on asset retirement obligations. The Company reviews legal obligations associated with the retirement of long-lived assets that result from contractual obligations or the acquisition, construction, development and/or normal use of the assets. If it is determined that a legal obligation exists, regardless of whether the obligation is conditional on a future event, the fair value of the liability for an asset retirement obligation is recognized in the period in which it is incurred, if a reasonable estimate of fair value can be made. The fair value of the liability is added to the carrying amount of the associated asset, and this additional carrying amount is depreciated over the life of the asset. The difference between the gross expected future cash flow and its present value is accreted over the life of the related lease as interest expense. The amounts recorded in the consolidated financial statements are not material to any year presented.

Pension and Other Postretirement Benefits:    The Company sponsors both funded and unfunded U.S. and non-U.S. defined benefit pension plans and other postretirement benefits. The Company immediately recognizes actuarial gains and losses in operating results in the year in which the gains and losses occur. Actuarial gains and losses are measured annually as of the calendar month-end that is closest to the Company's fiscal year end and accordingly will be recorded in the fourth quarter, unless the Company is required to perform an interim remeasurement. The remaining components of pension expense, primarily service and interest costs and assumed return on plan assets, are recorded on a quarterly basis. The Company’s funding policy provides that payments to the U.S. pension trusts shall at least be equal to the minimum funding requirements of the Employee Retirement Income Security Act of 1974. Non-U.S. plans are accrued for, but generally not fully funded, and benefits are paid from operating funds.

Translation of Foreign Currencies:    For foreign operations, asset and liability accounts are translated at current exchange rates; income and expenses are translated using weighted average exchange rates for the reporting period. Resulting translation adjustments, as well as translation gains and losses from certain intercompany transactions considered permanent in nature, are reported in accumulated other comprehensive (loss) income, a separate component of stockholders’ equity. Gains and losses arising from transactions and translation of period-end balances denominated in currencies other than the functional currency are included in other expense, net.

Business Combinations:    Business combinations are accounted for at fair value. Acquisition costs are expensed as incurred and recorded in selling, general and administrative expenses; previously held equity interests are valued at fair value upon the acquisition of a controlling interest; in-process research and development (“IPR&D”) is recorded at fair value as an intangible asset at the acquisition date; restructuring costs associated with a business combination are expensed subsequent to the acquisition date; and changes in deferred tax asset valuation allowances and income tax uncertainties after the acquisition date affect income tax expense. Measurement period adjustments are made in the period in which the amounts are determined and the current period income effect of such adjustments will be calculated as if the adjustments had been completed as of the acquisition date. All changes that do not qualify as measurement period adjustments are also included in current period earnings. The accounting for business combinations requires estimates and judgment as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair value for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed, including contingent consideration, are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. If the actual results differ from the estimates and judgments used in these estimates, the amounts recorded in the financial statements could result in a possible impairment of the intangible assets and goodwill, require acceleration of the amortization expense of finite-lived intangible assets, or the recognition of additional consideration which would be expensed.

Goodwill and Other Intangible Assets:    The Company’s intangible assets consist of (i) goodwill, which is not being amortized; (ii) indefinite lived intangibles, which consist of a trade name that is not subject to amortization; and (iii) amortizing intangibles, which consist of patents, trade names and trademarks, licenses, customer relationships, and purchased technologies, which are being amortized over their estimated useful lives.

62

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The process of testing goodwill for impairment involves the determination of the fair value of the applicable reporting units. The test consists of a two-step process. The first step is the comparison of the fair value to the carrying value of the reporting unit to determine if the carrying value exceeds the fair value. The second step measures the amount of an impairment loss, and is only performed if the carrying value exceeds the fair value of the reporting unit. This annual impairment assessment is performed by the Company on the later of January 1 or the first day of each fiscal year. This same impairment test will be performed at other times during the course of the year, should an event occur which suggests that the recoverability of goodwill should be reconsidered. Non-amortizing intangibles are also subject to an annual impairment test. The impairment test consists of a comparison of the fair value of the non-amortizing intangible asset with its carrying amount. If the carrying amount of a non-amortizing intangible asset exceeds its fair value, an impairment loss in an amount equal to that excess is recognized. In addition, the Company evaluates the remaining useful life of its non-amortizing intangible assets at least annually to determine whether events or circumstances continue to support an indefinite useful life. If events or circumstances indicate that the useful lives of non-amortizing intangible assets are no longer indefinite, the assets will be tested for impairment. These intangible assets will then be amortized prospectively over their estimated remaining useful life and accounted for in the same manner as other intangible assets that are subject to amortization. Recoverability of amortizing intangible assets is assessed only when events have occurred that may give rise to impairment. When a potential impairment has been identified, forecasted undiscounted net cash flows of the operations to which the asset relates are compared to the current carrying value of the long-lived assets present in that operation. If such cash flows are less than such carrying amounts, long-lived assets, including such intangibles, are written down to their respective fair values. See Note 12, below, for additional details.

Stock-Based Compensation:    The Company accounts for stock-based compensation expense based on estimated grant date fair value, generally using the Black-Scholes option-pricing model. The fair value is recognized, net of estimated forfeitures, as expense in the consolidated financial statements over the requisite service period. The determination of fair value and the timing of expense using option pricing models such as the Black-Scholes model require the input of highly subjective assumptions, including the expected term and the expected price volatility of the underlying stock. The Company estimates the expected term assumption based on historical experience. In determining the Company’s expected stock price volatility assumption, the Company reviews both the historical and implied volatility of the Company’s common stock, with implied volatility based on the implied volatility of publicly traded options on the Company’s common stock. The Company has one stock-based compensation plan from which it makes grants, which is described more fully in Note 18, below.

Marketable Securities and Investments:    The cost of securities sold is based on the specific identification method. If securities are classified as available for sale, the Company records these investments at their fair values with unrealized gains and losses included in accumulated other comprehensive (loss) income. Under the cost method of accounting, equity investments in private companies are carried at cost and are adjusted for other-than-temporary declines in fair value, additional investments or distributions.

Cash and Cash Equivalents:    The Company considers all highly liquid unrestricted instruments with a purchased maturity of three months or less to be cash equivalents. The carrying amount of cash equivalents approximates fair value due to the short maturities of these instruments.

Environmental Matters:    The Company accrues for costs associated with the remediation of environmental pollution when it is probable that a liability has been incurred and the Company’s proportionate share of the amount can be reasonably estimated. The recorded liabilities have not been discounted.

Research and Development:    Research and development costs are expensed as incurred. The fair value of acquired IPR&D costs are recorded at fair value as an intangible asset at the acquisition date and amortized once the product is ready for sale or expensed if abandoned.

Restructuring Charges:    In recent fiscal years, the Company has undertaken a series of restructuring actions related to the impact of acquisitions and divestitures, the alignment of its operations with its growth strategy, the integration of its business units and productivity initiatives. In connection with these initiatives, the Company has recorded restructuring charges, as more fully described in Note 4, below. Generally, costs associated with an exit or disposal activity are recognized when the liability is incurred. Prior to recording restructuring charges for employee separation agreements, the Company notifies all employees of termination. Costs related to employee separation arrangements requiring future service beyond a specified minimum retention period are recognized over the service period. Costs related to lease terminations are recorded at the fair value of the liability based on the remaining lease rental payments, reduced by estimated sublease rentals that could be reasonably obtained for the property, at the date the Company ceases use.

63

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Comprehensive Income:    Comprehensive income is defined as net income or loss and other changes in stockholders’ equity from transactions and other events from sources other than stockholders. Comprehensive income is reflected in the consolidated statements of comprehensive income.

Derivative Instruments and Hedging:    Derivatives are recorded on the consolidated balance sheets at fair value. Accounting for gains or losses resulting from changes in the values of those derivatives depends on the use of the derivative instrument and whether it qualifies for hedge accounting.

For a cash flow hedge, the effective portion of the derivative’s gain or loss is initially reported as a component of other comprehensive income and subsequently amortized into net earnings when the hedged exposure affects net earnings. Cash flow hedges related to anticipated transactions are designated and documented at the inception of each hedge by matching the terms of the contract to the underlying transaction. The Company classifies the cash flows from hedging transactions in the same categories as the cash flows from the respective hedged items. Once established, cash flow hedges are generally recorded in other comprehensive income, unless an anticipated transaction is no longer likely to occur, and subsequently amortized into net earnings when the hedged exposure affects net earnings. Discontinued or dedesignated cash flow hedges are immediately settled with counterparties, and the related accumulated derivative gains or losses are recognized into net earnings on the consolidated financial statements. Settled cash flow hedges related to forecasted transactions that remain probable are recorded as a component of other comprehensive (loss) income and are subsequently amortized into net earnings when the hedged exposure affects net earnings. Forward contract effectiveness for cash flow hedges is calculated by comparing the fair value of the contract to the change in value of the anticipated transaction using forward rates on a monthly basis. The Company also has entered into other foreign currency forward contracts that are not designated as hedging instruments for accounting purposes. These contracts are recorded at fair value, with the changes in fair value recognized into interest and other expense, net on the consolidated financial statements.

Recently Issued Accounting Pronouncements:    From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (the "FASB") and are adopted by the Company as of the specified effective dates. Unless otherwise discussed, such pronouncements did not have or will not have a significant impact on the Company’s consolidated financial position, results of operations and cash flows or do not apply to the Company’s operations.

In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. The provisions of this guidance are effective for annual periods beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. The Company is evaluating the requirements of this guidance and has not yet determined the impact of the adoption on its consolidated financial position, results of operations and cash flows.

In November 2015, the FASB issued Accounting Standards Update No. 2015-17, Balance Sheet Classification of Deferred Taxes ("ASU No. 2015-17"). Under this new guidance, companies are required to present deferred tax assets and deferred tax liabilities, and any related valuation allowances, as noncurrent on the company's consolidated balance sheet. The provisions of this guidance can be applied prospectively or retrospectively and are effective for interim and annual periods beginning after December 15, 2016, with early adoption permitted. During fiscal year 2015, the Company early adopted the new guidance on a prospective basis and has presented all deferred tax assets and deferred tax liabilities as noncurrent in the consolidated balance sheet at January 3, 2016. If the Company elected to adopt the standard on a retrospective basis, current deferred tax assets of $62.0 million would have been classified as noncurrent at December 28, 2014.

In September 2015, the FASB issued Accounting Standards Update No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments ("ASU No. 2015-16"). Under this new guidance, an acquirer should recognize adjustments to provisional amounts for items in a business combination that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The acquirer should record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The provisions of this guidance are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. During the third quarter of fiscal year 2015, the Company early adopted the new guidance and adjusted the provisional amounts recorded for acquisitions in which the purchase accounting allocations were preliminary. During fiscal year 2015, there was an immaterial impact on the current period net income as a result of the change to the provisional amounts for items that would have been recognized in previous periods if the adjustments to provisional amounts had been recognized as of the acquisition date. See Note 2, below, for additional details.

In July 2015, the FASB issued Accounting Standards Update No. 2015-11, Simplifying the Measurement of Inventory. Under this new guidance, companies that use inventory measurement methods other than last-in, first-out or the retail inventory method should measure inventory at the lower of cost and net realizable value. The provisions of this guidance are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2016, with early adoption

64

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

permitted. The Company is evaluating the requirements of this guidance. The adoption is not expected to have a material impact on the Company’s consolidated financial position, results of operations and cash flows.

In April 2015, the FASB issued Accounting Standards Update No. 2015-04, Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets. Under this new guidance, an entity with a fiscal year-end that does not coincide with a calendar month-end (for example an entity that has a 52/53 week fiscal year) has the ability, as a practical expedient, to measure its defined benefit retirement obligations and related plan assets as of the month-end that is closest to its fiscal year end. The provisions of this guidance should be applied prospectively. During fiscal year 2015, the Company early adopted the new guidance. The adoption did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.

In April 2015, the FASB issued Accounting Standards Update No. 2015-03, Interest - Imputation of Interest - Simplifying the Presentation of Debt Issuance Costs. Under this new guidance, debt issuance costs related to a recognized debt liability should be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The provisions of this guidance are to be applied retrospectively and are effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. The Company early adopted this guidance in the fourth quarter of fiscal year 2015. The consolidated balance sheet as of December 28, 2014, included in these consolidated financial statements, reflects a restatement to reclassify unamortized debt issuance costs of $6.5 million from other long-term assets to long-term debt. For debt issuance costs paid to secure revolving credit facilities, the Company made a policy election to present such costs as a direct deduction from the debt liability on the consolidated balance sheet.

In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. Under this new guidance, an entity should use a five-step process to recognize revenue, depicting the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard also requires new disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Subsequent to the issuance of the standard, the FASB decided to defer the effective date for one year to annual periods beginning after December 15, 2017, with early adoption permitted for annual periods beginning after December 15, 2016. The standard may be adopted either using a full retrospective approach or a modified retrospective approach. The Company is evaluating the requirements of this guidance and has not yet determined the transition method to use or the impact of its adoption on the Company’s consolidated financial position, results of operations and cash flows. The Company does not intend to early adopt this standard.

Note 2: Business Combinations

Acquisitions in fiscal year 2015

During fiscal year 2015, the Company completed the acquisition of five businesses for a total consideration of $77.1 million in cash. The acquired businesses included Vanadis Diagnostics AB (“Vanadis”), which was acquired for total consideration of $35.1 million in cash, as further described in Note 21 below, and other acquisitions for an aggregate consideration of $42.0 million in cash. The Company has a potential obligation to pay the shareholders of Vanadis additional contingent consideration of up to $93.0 million, which at closing had an estimated fair value of $56.9 million. The excess of the purchase prices over the fair values of each of the acquired businesses' net assets represents cost and revenue synergies specific to the Company, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, of which $9.2 million is tax deductible. The Company has reported the operations for all of these acquisitions within the results of the Company’s Human Health and Environmental Health segments from the acquisition dates. Identifiable definite-lived intangible assets, such as core technology and trade names, acquired as part of this acquisition had weighted average amortization periods of 9 years.

65

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The total purchase price for the acquisitions in fiscal year 2015 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	2015 Acquisitions
	(Preliminary)
	(In thousands)
Fair value of business combination:
Cash payments	$	75,285
Contingent consideration	56,878
Working capital and other adjustments	1,832
Less: cash acquired	(3,864		)
Total	$	130,131
Identifiable assets acquired and liabilities assumed:
Current assets	$	2,551
Property, plant and equipment	998
Identifiable intangible assets:
Core technology	15,759
Trade names	200
Licenses	116
Customer relationships	3,073
IPR&D	75,700
Goodwill	51,356
Deferred taxes	(16,772		)
Liabilities assumed	(2,850		)
Total	$	130,131

Acquisitions in fiscal year 2014

Acquisition of Perten Instruments Group AB. In December 2014, the Company acquired all of the outstanding stock of Perten Instruments Group AB ("Perten"). Perten is a provider of analytical instruments and services for quality control of food, grain, flour and feed. The Company expects this acquisition to enhance its industrial, environmental and safety business by expanding the Company's product offerings to the academic and industrial end markets. The Company paid the shareholders of Perten $269.9 million in cash for the stock of Perten. The excess of the purchase price over the fair value of the acquired net assets represents cost and revenue synergies specific to the Company, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which is tax deductible. The Company has reported the operations for this acquisition within the results of the Company’s Environmental Health segment from the acquisition date. Identifiable definite-lived intangible assets, such as core technology, customer relationships and trade names, acquired as part of this acquisition had weighted average amortization periods of approximately 5 to 10 years.

Other acquisitions in fiscal year 2014. In addition to the Perten acquisition, the Company completed the acquisition of two businesses in fiscal year 2014 for total consideration of $17.6 million in cash and $4.3 million of assumed debt. The excess of the purchase price over the fair value of each of the acquired businesses' net assets represents cost and revenue synergies specific to the Company, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which is tax deductible. The Company reported the operations for these acquisitions within the results of the Human Health and Environmental Health segments from the acquisition dates.

66

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The total purchase price for the acquisitions in fiscal year 2014 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	Perten			2014 Other Acquisitions
	(In thousands)
Fair value of business combination:
Cash payments	$	269,937		$	17,898
Working capital and other adjustments	—			(294		)
Less: cash acquired	(16,732		)	(124		)
Total	$	253,205		$	17,480
Identifiable assets acquired and liabilities assumed:
Current assets	$	32,578		$	1,935
Property, plant and equipment	1,485			125
Other assets	—			364
Identifiable intangible assets:
Core technology	17,000			1,705
Trade names	8,000			—
Customer relationships	87,000			6,800
IPR&D	—			1,266
Goodwill	160,776			15,518
Deferred taxes	(28,612		)	(3,072		)
Deferred revenue	—			(589		)
Liabilities assumed	(17,422		)	(2,285		)
Debt assumed	(7,600		)	(4,287		)
Total	$	253,205		$	17,480

Acquisitions in fiscal year 2013

During fiscal year 2013, the Company completed the acquisition of four businesses for total consideration of $11.4 million, in cash. As of the closing dates, the Company potentially had to pay additional contingent consideration for the four acquired businesses of up to $2.2 million, which at closing had an estimated fair value of $1.1 million. During fiscal year 2014, the Company paid $0.4 million in additional deferred consideration for one of these acquisitions. The excess of the purchase price over the fair value of each of the acquired businesses' net assets represents cost and revenue synergies specific to the Company, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which is tax deductible. The Company reported the operations for these acquisitions within the results of the Human Health and Environmental Health segments from the acquisition dates.

The Company does not consider the acquisitions completed during fiscal years 2015, 2014 and 2013 to be material to its consolidated results of operations; therefore, the Company is not presenting pro forma financial information of operations. During fiscal year 2015, the Company recognized $65.7 million of revenue for Perten. The Company has determined that the presentation of the results of operations for each of the other acquisitions, from the date of acquisition, is impracticable due to the integration of the operations upon acquisition.

As of January 3, 2016, the allocations of purchase prices for acquisitions completed in fiscal years 2014 and 2013 were final. The preliminary allocations of the purchase prices for acquisitions completed in fiscal year 2015 were based upon initial valuations. The Company's estimates and assumptions underlying the initial valuations are subject to the collection of information necessary to complete its valuations within the measurement periods, which are up to one year from the respective acquisition dates. The primary areas of the preliminary purchase price allocations that are not yet finalized relate to the fair value of certain tangible and intangible assets acquired and liabilities assumed, assets and liabilities related to income taxes and related valuation allowances, and residual goodwill. The Company expects to continue to obtain information to assist in determining the fair values of the net assets acquired at the acquisition dates during the measurement periods. During the measurement periods, the Company will adjust assets or liabilities if new information is obtained about facts and circumstances that existed as of the acquisition dates that, if known, would have resulted in the recognition of those assets and liabilities as of those dates. With the Company's adoption of ASU No. 2015-16 during fiscal year 2015, these adjustments will be made in the

67

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

periods in which the amounts are determined and the cumulative effect of such adjustments will be calculated as if the adjustments had been completed as of the acquisition dates. The portion of the adjustment which relates to a prior period should either be presented separately on the consolidated statement of operations or disclosed in the notes to the consolidated financial statements. All changes that do not qualify as adjustments made during the measurement periods are also included in current period earnings.

During fiscal year 2015, the Company obtained information to assist in determining the fair values of certain tangible and intangible assets acquired and liabilities assumed as part of its acquisitions and adjusted its purchase price allocations. Based on this information, for acquisitions completed during fiscal year 2015, the Company recognized a decrease in deferred taxes of $0.5 million, with a corresponding decrease in goodwill. For the Perten acquisition, the Company recognized increases in intangible assets of $2.0 million and liabilities assumed of $1.2 million, which were offset by a decrease in goodwill of $3.4 million, deferred taxes of $2.8 million, and other current assets of $0.2 million. For other acquisitions completed during fiscal year 2014, the Company recognized a decrease in working capital and other adjustments of $0.5 million with a corresponding decrease in goodwill. In addition, during the third quarter of fiscal year 2015, in connection with updating the provisional purchase accounting for the Perten acquisition, the Company adjusted goodwill and intangible assets which had been preliminarily recorded in U.S. dollars to Swedish Krona. This resulted in a decrease in intangible assets and goodwill of $21.4 million and a corresponding increase in other comprehensive loss through increased foreign currency translation adjustments as a result of the change in the exchange rate between the acquisition date and June 28, 2015. Of the $21.4 million decrease, $8.2 million related to changes in the exchange rate from the acquisition date through December 28, 2014. During fiscal year 2015, there was an immaterial impact on the current period net income as a result of the change to the provisional amounts for items that would have been recognized in previous periods if the adjustments to provisional amounts had been recognized as of the acquisition date.

Allocations of the purchase price for acquisitions are based on estimates of the fair value of the net assets acquired and are subject to adjustment upon finalization of the purchase price allocations. The accounting for business combinations requires estimates and judgments as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair values for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed, including contingent consideration, are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. Contingent consideration is measured at fair value at the acquisition date, based on the probability that revenue thresholds or product development milestones will be achieved during the earnout period, with changes in the fair value after the acquisition date affecting earnings to the extent it is to be settled in cash. Increases or decreases in the fair value of contingent consideration liabilities primarily result from changes in the estimated probabilities of achieving revenue thresholds or product development milestones during the earnout period. As of January 3, 2016, the Company may have to pay contingent consideration, related to acquisitions with open contingency periods, of up to $95.4 million. As of January 3, 2016, the Company has recorded contingent consideration obligations of $57.4 million, of which $9.4 million was recorded in accrued expenses and other current liabilities, and $48.0 million was recorded in long-term liabilities. As of December 28, 2014, the Company has recorded contingent consideration obligations of $0.1 million, which was recorded in accrued expenses and other current liabilities. The expected maximum earnout period for acquisitions with open contingency periods does not exceed 6 years from the respective acquisition dates, and the remaining weighted average expected earnout period at January 3, 2016 was 2 years. If the actual results differ from the estimates and judgments used in these fair values, the amounts recorded in the consolidated financial statements could result in a possible impairment of the intangible assets and goodwill, require acceleration of the amortization expense of definite-lived intangible assets or the recognition of additional contingent consideration which would be recognized as a component of operating expenses from continuing operations.

In connection with the purchase price allocations for acquisitions, the Company estimates the fair value of deferred revenue assumed with its acquisitions. The estimated fair value of deferred revenue is determined by the legal performance obligation at the date of acquisition, and is generally based on the nature of the activities to be performed and the related costs to be incurred after the acquisition date. The fair value of an assumed liability related to deferred revenue is estimated based on the current market cost of fulfilling the obligation, plus a normal profit margin thereon. The estimated costs to fulfill the deferred revenue are based on the historical direct costs related to providing the services. The Company does not include any costs associated with selling effort, research and development, or the related margins on these costs. In most acquisitions, profit associated with selling effort is excluded because the acquired businesses would have concluded the selling effort on the support contracts prior to the acquisition date. The estimated research and development costs are not included in the fair value determination, as these costs are not deemed to represent a legal obligation at the time of acquisition. The sum of the costs and operating income approximates, in theory, the amount that the Company would be required to pay a third-party to assume the obligation.

68

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Total transaction costs related to acquisition activities for fiscal years 2015, 2014 and 2013 were $0.7 million, $3.1 million and $0.1 million, respectively. These transaction costs were expensed as incurred and recorded in selling, general and administrative expenses in the Company's consolidated statements of operations.

Note 3: Discontinued Operations

As part of the Company’s continuing efforts to focus on higher growth opportunities, the Company has discontinued certain businesses. The Company has accounted for these businesses as discontinued operations and, accordingly, has presented the results of operations and related cash flows as discontinued operations for all periods presented. Any remaining assets and liabilities of these businesses have been presented separately, and are reflected within assets and liabilities from discontinued operations in the accompanying consolidated balance sheets as of January 3, 2016 and December 28, 2014.

In May 2014, the Company’s management approved the shutdown of its microarray-based diagnostic testing laboratory in the United States, which had been reported within the Human Health segment. The Company determined that, with the lack of adequate reimbursement from health care payers, the microarray-based diagnostic testing laboratory in the United States would need significant investment in its operations to reduce costs in order to effectively compete in the market. The shutdown of the microarray-based diagnostic testing laboratory in the United States resulted in a $0.1 million net pre-tax loss primarily related to the disposal of fixed assets, which was partially offset by the sale of a building in fiscal year 2014.

In August 1999, the Company sold the assets of its Technical Service business. The Company recorded pre-tax losses of $0.03 million in fiscal year 2015, $0.2 million in fiscal year 2014 and $2.1 million in fiscal year 2013 for a contingency related to this business. These losses were recognized as a loss on disposition of discontinued operations before income taxes.

During fiscal year 2013, the Company settled various commitments related to the divestiture of other discontinued operations and recognized a pre-tax gain of $0.3 million. This gain was recognized as a gain on disposition of discontinued operations before income taxes.

Summary pre-tax operating results of the discontinued operations, which include the periods prior to disposition and a $1.0 million pre-tax restructuring charge related to workforce reductions in the microarray-based diagnostic testing laboratory in the United States during fiscal year 2014, were as follows during the three fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Revenue	$	98		$	348		$	8,646
Costs and expenses	101			5,307			18,998
Loss from discontinued operations before income taxes	$	(3	)	$	(4,959	)	$	(10,352	)

The Company recorded a tax provision of $0.2 million on discontinued operations and dispositions in fiscal year 2015, a tax benefit of $1.8 million on discontinued operations and dispositions in fiscal year 2014 and a tax benefit of $5.1 million on discontinued operations and dispositions in fiscal year 2013.

Note 4: Restructuring and Contract Termination Charges, Net

The Company's management has approved a series of restructuring actions related to the impact of acquisitions and divestitures, the alignment of the Company's operations with its growth strategy, the integration of its business units and productivity initiatives. The current portion of restructuring and contract termination charges is recorded in accrued restructuring and contract termination charges and the long-term portion of restructuring and contract termination charges is recorded in long-term liabilities. The activities associated with these plans have been reported as restructuring and contract termination charges, net, and are included as a component of operating expenses from continuing operations.

The Company implemented restructuring plans in the fourth quarter of fiscal year 2015, the second and first quarters of fiscal year 2014, and the first quarter of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to focus resources on higher growth end markets (the "Q4 2015 Plan", "Q2 2014 Plan", "Q1 2014 Plan" and "Q1 2013 Plan", respectively). The Company implemented restructuring plans in the second quarter of fiscal year 2015 and the third quarter of fiscal year 2014 consisting of workforce reductions principally intended to realign resources to emphasize growth initiatives (the "Q2 2015 Plan" and "Q3 2014 Plan", respectively). The Company implemented restructuring plans in the fourth and third quarters of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to shift certain of the Company's research and development resources into the Company's newly

69

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

opened Center for Innovation (the "Q4 2013 Plan" and "Q3 2013 Plan", respectively). The Company implemented a restructuring plan in the second quarter of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to shift certain of the Company's operations into a newly established shared service center, as well as realign operations, research and development resources, and production resources as a result of previous acquisitions (the "Q2 2013 Plan"). All other previous restructuring plans were workforce reductions or the closure of excess facility space principally intended to integrate the Company's businesses in order to realign operations, reduce costs, achieve operational efficiencies and shift resources into geographic regions and end markets that are more consistent with the Company's growth strategy (the "Previous Plans").

The following table summarizes the number of employees reduced, the initial restructuring or contract termination charges by operating segment, and the dates by which payments were substantially completed, or the expected dates by which payments will be substantially completed, for restructuring actions implemented during fiscal years 2015, 2014 and 2013:

	Workforce Reductions					Closure of Excess Facility				Total		(Expected) Date Payments Substantially Completed by
	Headcount Reduction	Human Health		Environmental Health		Human Health		Environmental Health				Severance	Excess Facility
	(In thousands, except headcount data)
Q4 2015 Plan	174	$	2,230	$	9,065	$	285	$	—	$	11,580	Q1 FY2017	Q4 FY2017
Q2 2015 Plan	97	1,850		4,160		—		—		6,010		Q2 FY2016	—
Q3 2014 Plan	152	7,126		5,925		—		—		13,051		Q4 FY2015	—
Q2 2014 Plan	22	545		190		—		—		735		Q2 FY2015	—
Q1 2014 Plan	17	370		197		—		—		567		Q4 FY2014	—
Q4 2013 Plan	73	955		2,953		7,271		—		11,179		Q4 FY2014	Q1 FY2019
Q3 2013 Plan	29	394		—		138		—		532		Q1 FY2014	Q4 FY2013
Q2 2013 Plan(1)	264	9,523		8,609		522		50		18,704		Q4 FY2014	Q3 FY2014
Q1 2013 Plan	62	2,340		245		—		—		2,585		Q3 FY2013	—

____________________________

⁽¹⁾  Subsequent to the initial charge, during fiscal year 2013, the Company recorded an additional $0.6 million pre-tax restructuring charge in the Human Health segment for the Q2 2013 Plan for services that were provided for one-time termination benefits in which the employee was required to render service beyond the legal notification period.

The Company expects to make payments under the Previous Plans for remaining residual lease obligations, with terms varying in length, through fiscal year 2022.

The Company also has terminated various contractual commitments in connection with certain disposal activities and has recorded charges, to the extent applicable, for the costs of terminating these contracts before the end of their terms and the costs that will continue to be incurred for the remaining terms without economic benefit to the Company. The Company recorded additional pre-tax charges of $0.1 million, $1.5 million and $0.7 million in the Environmental Health segment during fiscal years 2015, 2014 and 2013, respectively, as a result of these contract terminations.

70

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

At January 3, 2016, the Company had $22.2 million recorded for accrued restructuring and contract termination charges, of which $17.1 million was recorded in short-term accrued restructuring and $5.1 million was recorded in long-term liabilities. At December 28, 2014, the Company had $23.8 million recorded for accrued restructuring and contract termination charges, of which $17.1 million was recorded in short-term accrued restructuring and $6.7 million was recorded in long-term liabilities. The following table summarizes the Company's restructuring accrual balances and related activity by restructuring plan, as well as contract termination accrual balances and related activity, during fiscal years 2015, 2014 and 2013:

	Balance at December 30, 2012		2013 Charges and Changes in Estimates, Net		2013 Amounts Paid			Balance at December 29, 2013		2014 Charges and Changes in Estimates, Net			2014 Amounts Paid			Balance at December 28, 2014		2015 Charges and Changes in Estimates, Net			2015 Amounts Paid			Balance at January 3, 2016
	(In thousands)
Severance:
Q4 2015 Plan	$	—	$	—	$	—		$	—	$	—		$	—		$	—	$	11,295		$	(925	)	$	10,370
Q2 2015 Plan(1)	—		—		—			—		—			—			—		5,471			(4,322		)	1,149
Q3 2014 Plan(2)	—		—		—			—		13,051			(2,992		)	10,059		(3,064		)	(5,460		)	1,535
Q2 2014 Plan(3)	—		—		—			—		735			(484		)	251		(179		)	(13		)	59
Q1 2014 Plan(4)	—		—		—			—		567			(475		)	92		(92		)	—			—
Facility:
Q4 2015 Plan	—		—		—			—		—			—			—		285			(26		)	259
Previous Plans including 2013 plans(5)	27,151		33,196		(25,112		)	35,235		(2,508		)	(19,603		)	13,124		(209		)	(4,222		)	8,693
Restructuring	27,151		33,196		(25,112		)	35,235		11,845			(23,554		)	23,526		13,507			(14,968		)	22,065
Contract Termination	596		696		(992		)	300		1,545			(1,541		)	304		83			(255		)	132
Total Restructuring and Contract Termination	$	27,747	$	33,892	$	(26,104	)	$	35,535	$	13,390		$	(25,095	)	$	23,830	$	13,590		$	(15,223	)	$	22,197

____________________________

⁽¹⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $0.2 million in the Human Health segment and $0.3 million in the Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q2 2015 Plan.

⁽²⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $1.2 million in the Human Health segment and $1.9 million in the Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q3 2014 Plan.

⁽³⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $0.1 million in each of the Human Health and Environmental Health segments related to lower than expected costs associated with workforce reductions for the Q2 2014 Plan.

⁽⁴⁾  During fiscal year 2015, the Company recognized a pre-tax restructuring reversal of $0.1 million in the Human Health segment related to lower than expected costs associated with workforce reductions for the Q1 2014 Plan.

⁽⁵⁾  During fiscal year 2015, the Company recognized a pre-tax restructuring charge of $1.4 million in the Human Health segment primarily related to higher than expected costs associated with the closure of the excess facility space, which was offset by a pre-tax restructuring reversal of $1.6 million in the Environmental Health segment primarily related to lower than expected costs associated with workforce reductions for the previous restructuring plans. During fiscal year 2014, the Company recognized pre-tax restructuring reversals of $0.8 million in the Human Health segment and $1.7 million in the Environmental Health segment primarily related to lower than expected costs associated with workforce reductions, which was partially offset by higher than expected costs associated with the closure of the excess facility space for the previous restructuring plans.

71

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Note 5: Interest and Other Expense, Net

Interest and other expense, net, consisted of the following for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Interest income	$	(673	)	$	(667	)	$	(650	)
Interest expense	37,997			36,270			49,924
Other expense, net	4,795			5,536			14,836
Total interest and other expense, net	$	42,119		$	41,139		$	64,110

In December 2013, the Company redeemed all of its 6% senior unsecured notes due in 2015 (the “2015 Notes”) for a redemption price that included the outstanding principal amount of $150.0 million and a prepayment premium of $11.1 million, which is included in other expense, net. The transaction also resulted in the write-off of $2.8 million for the remaining unamortized derivative losses for previously settled cash flow hedges and the write-off of $0.2 million for the remaining deferred debt issuance costs. Both of these amounts are included in interest expense.

Foreign currency transaction losses were $25.5 million, $5.5 million and $4.7 million in fiscal years 2015, 2014 and 2013, respectively. Net gains from forward currency hedge contracts were $20.8 million, $0.2 million and $1.4 million in fiscal years 2015, 2014 and 2013, respectively. These amounts were included in other expense, net.

Note 6: Income Taxes

The Company regularly reviews its tax positions in each significant taxing jurisdiction in the process of evaluating its unrecognized tax benefits. The Company makes adjustments to its unrecognized tax benefits when: (i) facts and circumstances regarding a tax position change, causing a change in management’s judgment regarding that tax position; (ii) a tax position is effectively settled with a tax authority at a differing amount; and/or (iii) the statute of limitations expires regarding a tax position.

The tabular reconciliation of the total amounts of unrecognized tax benefits is as follows for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Unrecognized tax benefits, beginning of year	$	32,342		$	39,410		$	58,110
Gross increases—tax positions in prior periods	325			—			325
Gross decreases—tax positions in prior periods	(2,305		)	(1,809		)	(10,539		)
Gross increases—current-period tax positions	—			239			2,222
Settlements	(441		)	(1,400		)	(3,643		)
Lapse of statute of limitations	(1,077		)	(4,129		)	(6,495		)
Foreign currency translation adjustments	(701		)	31			(570		)
Unrecognized tax benefits, end of year	$	28,143		$	32,342		$	39,410

The Company classifies interest and penalties as a component of income tax expense. At January 3, 2016, the Company had accrued interest and penalties of $2.1 million and $0.1 million, respectively. At December 28, 2014, the Company had accrued interest and penalties of $3.4 million and $0.2 million, respectively. During fiscal year 2015, the Company recognized a net benefit of $1.5 million for interest and a benefit of $0.1 million for penalties in its total tax provision primarily due to settlements and statutes of limitations that had lapsed. During fiscal year 2014, the Company recognized a net benefit of $0.7 million for interest and a benefit of $0.2 million for penalties in its total tax provision primarily due to settlements and statutes of limitations that had lapsed. During fiscal year 2013, the Company recognized a benefit of $3.9 million for interest and a benefit of $3.7 million for penalties in its total tax provision due to settlements and statutes of limitations that had lapsed. At January 3, 2016, the Company had gross tax effected unrecognized tax benefits of $28.1 million, of which $24.3 million, if recognized, would affect the continuing operations effective tax rate. The remaining amount, if recognized, would affect discontinued operations.

72

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The Company believes that it is reasonably possible that approximately $5.7 million of its uncertain tax positions at January 3, 2016, including accrued interest and penalties, and net of tax benefits, may be resolved over the next twelve months as a result of lapses in applicable statutes of limitations and potential settlements. Various tax years after 2009 remain open to examination by certain jurisdictions in which the Company has significant business operations, such as Finland, Germany, Italy, Netherlands, Singapore, the United Kingdom and the United States. The tax years under examination vary by jurisdiction.

During fiscal years 2015, 2014 and 2013, the Company recorded net discrete income tax benefits of $7.2 million, $7.0 million and $24.0 million, respectively, primarily for reversals of uncertain tax position reserves and resolution of other tax matters.

The components of income (loss) from continuing operations before income taxes were as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014			December 29, 2013
	(In thousands)
U.S.	$	3,160	$	(37,758	)	$	(71,901	)
Non-U.S.	240,855		207,361			235,585
Total	$	244,015	$	169,603		$	163,684

On a U.S. income tax basis, the Company has reported significant taxable income over the three year period ended January 3, 2016. The Company has utilized tax attributes to minimize cash taxes paid on that taxable income.

The components of the provision for (benefit from) income taxes for continuing operations were as follows:

	Current Expense (Benefit)			Deferred Expense (Benefit)			Total
	(In thousands)
Fiscal year ended January 3, 2016
Federal	$	(5,532	)	$	(1,799	)	$	(7,331	)
State	3,112			(2,492		)	620
Non-U.S.	40,318			(2,280		)	38,038
Total	$	37,898		$	(6,571	)	$	31,327
Fiscal year ended December 28, 2014
Federal	$	(262	)	$	(19,169	)	$	(19,431	)
State	2,416			(3,842		)	(1,426		)
Non-U.S.	39,634			(10,340		)	29,294
Total	$	41,788		$	(33,351	)	$	8,437
Fiscal year ended December 29, 2013
Federal	$	2,331		$	(29,961	)	$	(27,630	)
State	1,968			(2,147		)	(179		)
Non-U.S.	15,025			2,201			17,226
Total	$	19,324		$	(29,907	)	$	(10,583	)

The total provision for (benefit from) income taxes included in the consolidated financial statements is as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014			December 29, 2013
	(In thousands)
Continuing operations	$	31,327	$	8,437		$	(10,583	)
Discontinued operations	232		(1,831		)	(5,107		)
Total	$	31,559	$	6,606		$	(15,690	)

73

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

A reconciliation of income tax expense at the U.S. federal statutory income tax rate to the recorded tax provision is as follows for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Tax at statutory rate	$	85,405		$	59,361		$	57,289
Non-U.S. rate differential, net	(51,814		)	(36,616		)	(36,377		)
U.S. taxation of multinational operations	1,732			2,367			3,658
State income taxes, net	649			1,970			(1,762		)
Prior year tax matters	(7,202		)	(7,009		)	(23,534		)
Federal tax credits	(2,295		)	(3,399		)	(5,452		)
Change in valuation allowance	2,593			(7,679		)	(4,675		)
Other, net	2,259			(558		)	270
Total	$	31,327		$	8,437		$	(10,583	)

The Company’s provision for (benefit from) income taxes for fiscal years 2015, 2014 and 2013 included $8.3 million, $7.1 million and $7.4 million, respectively, of benefits derived from tax holidays in China and Singapore. The tax holidays in China and Singapore are scheduled to expire in fiscal years 2017 and 2018, respectively.

The tax effects of temporary differences and attributes that gave rise to deferred income tax assets and liabilities as of January 3, 2016 and December 28, 2014 were as follows:

	January 3, 2016			December 28, 2014
	(In thousands)
Deferred tax assets:
Inventory	$	9,887		$	9,041
Reserves and accruals	29,137			30,641
Accrued compensation	23,620			22,915
Net operating loss and credit carryforwards	100,336			106,020
Accrued pension	34,736			44,342
Restructuring reserve	6,362			7,522
Deferred revenue	40,065			46,413
All other, net	—			824
Total deferred tax assets	244,143			267,718
Deferred tax liabilities:
Postretirement health benefits	(4,202		)	(4,472		)
Depreciation and amortization	(140,091		)	(176,043		)
Total deferred tax liabilities	(144,293		)	(180,515		)
Valuation allowance	(67,400		)	(55,460		)
Net deferred tax assets	$	32,450		$	31,743

At January 3, 2016, for income tax return purposes the Company had U.S. federal net operating loss carryforwards of $36.3 million, state net operating loss carryforwards of $226.4 million, foreign net operating loss carryforwards of $199.5 million, state tax credit carryforwards of $10.7 million, general business tax credit carryforwards of $32.1 million, and foreign tax credit carryforwards of $13.0 million. These are subject to expiration in years ranging from 2016 to 2034, and without expiration for certain foreign net operating loss carryforwards and certain state credit carryforwards.

U.S. federal tax credits of $15.0 million created by excess tax benefits from the exercise of stock options or the vesting of RSUs are not recorded as deferred income tax assets. To the extent such tax attributes are utilized, the benefit realized will increase stockholders’ equity. At January 3, 2016, excess tax benefits from the exercise of stock options of $2.4 million was recognized in stockholders’ equity.

74

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Valuation allowances take into consideration limitations imposed upon the use of the tax attributes and reduce the value of such items to the likely net realizable amount. The Company regularly evaluates positive and negative evidence available to determine if valuation allowances are required or if existing valuation allowances are no longer required. Valuation allowances have been provided on state net operating loss and state tax credit carryforwards and on certain foreign tax attributes that the Company has determined are not more likely than not to be realized. The increase in the valuation allowance in fiscal year 2015 is primarily due to an increase in tax attributes that the Company does not expect to realize for two of its non-U.S. subsidiaries.

During fiscal year 2015, the Company adopted ASU No. 2015-17 and has presented all deferred tax assets and deferred tax liabilities as noncurrent in the consolidated balance sheet at January 3, 2016. The financial position for the period ending December 28, 2014 has not been retrospectively adjusted. Current deferred tax assets of $62.0 million were included in other current assets at December 28, 2014.

The components of net deferred tax assets (liabilities) as of January 3, 2016 and December 28, 2014 were as follows:

	January 3, 2016			December 28, 2014
	(In thousands)
U.S.	$	54,411		$	44,073
Non-U.S.	(21,961		)	(12,330		)
Total	$	32,450		$	31,743

Taxes have not been provided on unremitted earnings of international subsidiaries that the Company considers indefinitely reinvested because the Company plans to keep these amounts indefinitely reinvested overseas except for instances where the Company can remit such earnings to the U.S. without an associated net tax cost. The Company's indefinite reinvestment determination is based on the future operational and capital requirements of its U.S. and non-U.S. operations. As of January 3, 2016, the amount of foreign earnings that the Company has the intent and ability to keep invested outside the U.S. indefinitely and for which no U.S. tax cost has been provided was approximately $859.0 million. It is not practical to calculate the unrecognized deferred tax liability on those earnings.

Note 7: Earnings Per Share

Basic earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding during the period less restricted unvested shares. Diluted earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding plus all potentially dilutive common stock equivalents, primarily shares issuable upon the exercise of stock options using the treasury stock method. The following table reconciles the number of shares utilized in the earnings per share calculations for the fiscal years ended:

	January 3, 2016	December 28, 2014	December 29, 2013
	(In thousands)
Number of common shares—basic	112,507	112,593	112,254
Effect of dilutive securities:
Stock options	621	922	982
Restricted stock awards	187	224	267
Number of common shares—diluted	113,315	113,739	113,503
Number of potentially dilutive securities excluded from calculation due to antidilutive impact	607	475	485

Antidilutive securities include outstanding stock options with exercise prices and average unrecognized compensation cost in excess of the average fair market value of common stock for the related period. Antidilutive options were excluded from the calculation of diluted net income per share and could become dilutive in the future.

Note 8: Accounts Receivable, Net

Accounts receivable were net of reserves for doubtful accounts of $29.9 million and $32.9 million as of January 3, 2016 and December 28, 2014, respectively.

75

Note 9: Inventories

Inventories as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Raw materials	$	98,984	$	96,169
Work in progress	17,858		18,783
Finished goods	171,186		170,505
Total inventories	$	288,028	$	285,457

Note 10: Property, Plant and Equipment, Net

Property, plant and equipment, at cost, as of January 3, 2016 and December 28, 2014, consisted of the following:

	January 3, 2016			December 28, 2014
	(In thousands)
Land	$	802		$	906
Building and leasehold improvements	177,587			175,040
Machinery and equipment	316,567			316,868
Total property, plant and equipment	494,956			492,814
Accumulated depreciation	(327,927		)	(316,620		)
Total property, plant and equipment, net	$	167,029		$	176,194

Depreciation expense on property, plant and equipment for the fiscal years ended January 3, 2016, December 28, 2014 and December 29, 2013 was $33.4 million, $33.3 million and $37.6 million, respectively.

Note 11: Marketable Securities and Investments

Investments as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Marketable securities	$	1,586	$	1,568

Marketable securities include equity and fixed-income securities held to meet obligations associated with the Company’s supplemental executive retirement plan and other deferred compensation plans. The Company has, accordingly, classified these securities as long-term.

The net unrealized holding gain and loss on marketable securities, net of deferred income taxes, reported as a component of other comprehensive (loss) income in stockholders’ equity, was a $0.3 millionloss in fiscal year 2015 and a $0.01 milliongain in fiscal year 2014. The proceeds from the sales of securities and the related gains and losses are not material for any period presented.

76

Marketable securities classified as available for sale as of January 3, 2016 and December 28, 2014 consisted of the following:

	Market		Gross Unrealized Holding
	Value		Cost		Gains		(Losses)
			(In thousands)
January 3, 2016
Equity securities	$	908	$	1,299	$	—	$	(391	)
Fixed-income securities	57		57		—		—
Other	621		822		—		(201		)
	$	1,586	$	2,178	$	—	$	(592	)
December 28, 2014
Equity securities	$	1,002	$	1,110	$	7	$	(115	)
Fixed-income securities	88		88		—		—
Other	478		541		—		(63		)
	$	1,568	$	1,739	$	7	$	(178	)

Note 12: Goodwill and Intangible Assets, Net

The Company tests goodwill and non-amortizing intangible assets at least annually for possible impairment. Accordingly, the Company completes the annual testing of impairment for goodwill and non-amortizing intangible assets on the later of January 1 or the first day of each fiscal year. In addition to its annual test, the Company regularly evaluates whether events or circumstances have occurred that may indicate a potential impairment of goodwill or non-amortizing intangible assets.

The process of testing goodwill for impairment involves the determination of the fair value of the applicable reporting units. The test consists of a two-step process. The first step is the comparison of the fair value to the carrying value of the reporting unit to determine if the carrying value exceeds the fair value. The second step measures the amount of an impairment loss, and is only performed if the carrying value exceeds the fair value of the reporting unit. The Company performed its annual impairment testing for its reporting units as of January 1, 2015, its annual impairment date for fiscal year 2015. The Company concluded based on the first step of the process that there was no goodwill impairment, and the fair value exceeded the carrying value by more than 20.0% for each reporting unit, with the exception of the Perten reporting unit in which its fair value approximated carrying value, as expected based on the recent acquisition date. The long-term terminal growth rate for the Company’s reporting units was 3.0% for the fiscal year 2015 impairment analysis. The range for the discount rates for the reporting units was 9.5% to 12.5%. Keeping all other variables constant, a 10.0% change in any one of the input assumptions for the various reporting units would still allow the Company to conclude, based on the first step of the process, that there was no impairment of goodwill.

As discussed in Note 23, the Company realigned its organization at the beginning of fiscal year 2015, which resulted in a change in the composition of the Company's reportable segments. OneSource, the Company's multivendor laboratory service business that serves the life sciences end market, was moved from the Environmental Health segment into the Human Health segment. As a result of the realignment, the Company reallocated goodwill from the Environmental Health segment to the Human Health segment based on the relative fair value, determined using the income approach, of the OneSource laboratory service business within the historical Environmental Health segment. The realignment resulted in $41.2 million of goodwill being reallocated from the Environmental Health segment to the Human Health segment, as of December 28, 2014.

The Company has consistently employed the income approach to estimate the current fair value when testing for impairment of goodwill. A number of significant assumptions and estimates are involved in the application of the income approach to forecast operating cash flows, including markets and market share, sales volumes and prices, costs to produce, tax rates, capital spending, discount rates and working capital changes. Cash flow forecasts are based on approved business unit operating plans for the early years’ cash flows and historical relationships in later years. The income approach is sensitive to changes in long-term terminal growth rates and the discount rates. The long-term terminal growth rates are consistent with the Company’s historical long-term terminal growth rates, as the current economic trends are not expected to affect the long-term terminal growth rates of the Company. The Company corroborates the income approach with a market approach.

The Company has consistently employed the relief from royalty model to estimate the current fair value when testing for impairment of non-amortizing intangible assets. The impairment test consists of a comparison of the fair value of the non-amortizing intangible asset with its carrying amount. If the carrying amount of a non-amortizing intangible asset exceeds its fair

77

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

value, an impairment loss in an amount equal to that excess is recognized. In addition, the Company evaluates the remaining useful lives of its non-amortizing intangible assets at least annually to determine whether events or circumstances continue to support an indefinite useful life. If events or circumstances indicate that the useful lives of non-amortizing intangible assets are no longer indefinite, the assets will be tested for impairment. These intangible assets will then be amortized prospectively over their estimated remaining useful lives and accounted for in the same manner as other intangible assets that are subject to amortization. The Company performed its annual impairment testing as of January 1, 2015, and concluded that there was no impairment of non-amortizing intangible assets.

An assessment of the recoverability of amortizing intangible assets takes place when events have occurred that may give rise to an impairment. During fiscal year 2013, the Company recorded a charge of $0.2 million for the impairment of certain long-lived assets within the Human Health segment, as the carrying amounts of the long-lived assets were not recoverable and exceeded their fair value. These non-cash impairments of long-lived assets, including intangible assets, have been recorded as a separate component of operating expenses.

The changes in the carrying amount of goodwill for fiscal years 2015 and 2014 are as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Balance at December 29, 2013	$	1,689,492		$	453,628		$	2,143,120
Foreign currency translation	(29,145		)	(8,741		)	(37,886		)
Acquisitions, earnouts and other	2,408			176,435			178,843
Balance at December 28, 2014	1,662,755			621,322			2,284,077
Foreign currency translation	(28,368		)	(27,066		)	(55,434		)
Acquisitions, earnouts and other	38,104			9,402			47,506
Balance at January 3, 2016	$	1,672,491		$	603,658		$	2,276,149

Identifiable intangible asset balances at January 3, 2016 by category and by business segment were as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Patents	$	37,111		$	2,800		$	39,911
Less: Accumulated amortization	(27,466		)	(2,322		)	(29,788		)
Net patents	9,645			478			10,123
Trade names and trademarks	32,887			7,362			40,249
Less: Accumulated amortization	(19,810		)	(876		)	(20,686		)
Net trade names and trademarks	13,077			6,486			19,563
Licenses	58,969			—			58,969
Less: Accumulated amortization	(45,286		)	—			(45,286		)
Net licenses	13,683			—			13,683
Core technology	181,807			125,435			307,242
Less: Accumulated amortization	(121,262		)	(90,567		)	(211,829		)
Net core technology	60,545			34,868			95,413
Customer relationships	298,978			92,588			391,566
Less: Accumulated amortization	(177,730		)	(13,925		)	(191,655		)
Net customer relationships	121,248			78,663			199,911
IPR&D	80,748			4,931			85,679
Less: Accumulated amortization	(1,378		)	(2,767		)	(4,145		)
Net IPR&D	79,370			2,164			81,534
Net amortizable intangible assets	297,568			122,659			420,227
Non-amortizable intangible assets:
Trade name	—			70,584			70,584
Total	$	297,568		$	193,243		$	490,811

78

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Identifiable intangible asset balances at December 28, 2014 by category and business segment were as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Patents	$	37,153		$	2,800		$	39,953
Less: Accumulated amortization	(25,018		)	(2,182		)	(27,200		)
Net patents	12,135			618			12,753
Trade names and trademarks	33,069			7,000			40,069
Less: Accumulated amortization	(16,878		)	(58		)	(16,936		)
Net trade names and trademarks	16,191			6,942			23,133
Licenses	59,631			—			59,631
Less: Accumulated amortization	(41,792		)	—			(41,792		)
Net licenses	17,839			—			17,839
Core technology	171,163			127,328			298,491
Less: Accumulated amortization	(100,050		)	(84,647		)	(184,697		)
Net core technology	71,113			42,681			113,794
Customer relationships	301,371			100,814			402,185
Less: Accumulated amortization	(149,917		)	(7,077		)	(156,994		)
Net customer relationships	151,454			93,737			245,191
IPR&D	5,079			5,024			10,103
Less: Accumulated amortization	(998		)	(2,134		)	(3,132		)
Net IPR&D	4,081			2,890			6,971
Net amortizable intangible assets	272,813			146,868			419,681
Non-amortizable intangible assets:
Trade name	—			70,584			70,584
Total	$	272,813		$	217,452		$	490,265

Total amortization expense related to definite-lived intangible assets was $78.6 million in fiscal year 2015, $83.4 million in fiscal year 2014 and $89.3 million in fiscal year 2013. Estimated amortization expense related to definite-lived intangible assets for each of the next five years is $71.8 million in fiscal year 2016, $62.5 million in fiscal year 2017, $60.7 million in fiscal year 2018, $48.7 million in fiscal year 2019, and $40.1 million in fiscal year 2020.

The Company entered into a strategic agreement in fiscal year 2012 under which it acquired certain intangible assets and received a license to certain core technology for an analytics and data discovery platform, as well as the exclusive right to distribute the platform in certain scientific research and development markets. During fiscal year 2012, the Company paid $6.8 million for net intangible assets and $25.0 million for prepaid royalties. During fiscal year 2013, the Company extended the existing agreement for an additional year. In addition, the Company entered into a new agreement to expand the distribution rights to the clinical and other related markets and acquired additional intangible assets. During fiscal year 2013, the Company paid $7.0 million for net intangible assets and $40.3 million for prepaid royalties. During fiscal year 2015, the Company paid $9.8 million for additional prepaid royalties. The prepaid royalties have been recorded primarily as other long-term assets. The Company expects to pay $10.0 million of additional prepaid royalties within the next twelve months. The Company expenses royalties as revenue is recognized. These intangible assets are being amortized over their estimated useful lives. The Company has reported the amortization of these intangible assets within the results of the Company's Human Health segment from the execution date.

Note 13: Debt

Senior Unsecured Revolving Credit Facility. On January 8, 2014, the Company refinanced its debt held under a previous senior unsecured revolving credit facility and entered into a new senior unsecured revolving credit facility. The Company's senior unsecured revolving credit facility provides for $700.0 million of revolving loans and has an initial maturity of January 8, 2019. As of January 3, 2016, undrawn letters of credit in the aggregate amount of $11.5 million were treated as issued and outstanding when calculating the borrowing availability under the senior unsecured revolving credit facility. As of January 3, 2016, the Company had $206.5 million available for additional borrowing under the facility. The Company uses the

79

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

senior unsecured revolving credit facility for general corporate purposes, which may include working capital, refinancing existing indebtedness, capital expenditures, share repurchases, acquisitions and strategic alliances. The interest rates under the senior unsecured revolving credit facility are based on the Eurocurrency rate or the base rate at the time of borrowing, plus a margin. The base rate is the higher of (i) the rate of interest in effect for such day as publicly announced from time to time by JP Morgan Chase Bank, N.A. as its "prime rate," (ii) the Federal Funds rate plus 50 basis points or (iii) one-month Libor plus 1.00%. At January 3, 2016, borrowings under the senior unsecured revolving credit facility were accruing interest primarily based on the Eurocurrency rate. The Eurocurrency margin as of January 3, 2016 was 108 basis points. The weighted average Eurocurrency interest rate as of January 3, 2016 was 0.36%, resulting in a weighted average effective Eurocurrency rate, including the margin, of 1.44%. As of January 3, 2016, the senior unsecured revolving credit facility had an aggregated carrying value of $479.6 million, which was net of $2.4 million unamortized debt issuance costs. As of December 28, 2014, the senior unsecured revolving credit facility had an aggregate carrying value of $512.8 million, which was net of $3.2 million unamortized debt issuance costs. The credit agreement for the facility contains affirmative, negative and financial covenants and events of default similar to those contained in the credit agreement for the Company's previous facility. The financial covenants in the Company's senior unsecured revolving credit facility include a debt-to-capital ratio, and two contingent covenants, a maximum consolidated leverage ratio and a minimum consolidated interest coverage ratio, applicable if the Company's credit rating is downgraded below investment grade.

5% Senior Unsecured Notes due in 2021. On October 25, 2011, the Company issued $500.0 million aggregate principal amount of senior unsecured notes due in 2021 in a registered public offering and received $496.9 million of net proceeds from the issuance. The 2021 Notes were issued at 99.372% of the principal amount, which resulted in a discount of $3.1 million. As of January 3, 2016, the 2021 Notes had an aggregate carrying value of $495.1 million, net of $2.0 million of unamortized original issue discount and $2.9 million of unamortized debt issuance costs. As of December 28, 2014, the 2021 Notes had an aggregate carrying value of $494.4 million, net of $2.3 million of unamortized original issue discount and $3.3 million of unamortized debt issuance costs. The 2021 Notes mature in November 2021 and bear interest at an annual rate of 5%. Interest on the 2021 Notes is payable semi-annually on May 15th and November 15th each year. Prior to August 15, 2021 (three months prior to their maturity date), the Company may redeem the 2021 Notes in whole or in part, at its option, at a redemption price equal to the greater of (i) 100% of the principal amount of the 2021 Notes to be redeemed, plus accrued and unpaid interest, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest in respect to the 2021 Notes being redeemed, discounted on a semi-annual basis, at the Treasury Rate plus 45 basis points, plus accrued and unpaid interest. At any time on or after August 15, 2021 (three months prior to their maturity date), the Company may redeem the 2021 Notes, at its option, at a redemption price equal to 100% of the principal amount of the 2021 Notes to be redeemed plus accrued and unpaid interest. Upon a change of control (as defined in the indenture governing the 2021 Notes) and a contemporaneous downgrade of the 2021 Notes below investment grade, each holder of 2021 Notes will have the right to require the Company to repurchase such holder's 2021 Notes for 101% of their principal amount, plus accrued and unpaid interest.

Financing Lease Obligations. In fiscal year 2012, the Company entered into agreements with the lessors of certain buildings that the Company is currently occupying and leasing to expand those buildings. The Company provided a portion of the funds needed for the construction of the additions to the buildings, and as a result the Company was considered the owner of the buildings during the construction period. At the end of the construction period, the Company was not reimbursed by the lessors for all of the construction costs. The Company is therefore deemed to have continuing involvement and the leases qualify as financing leases under sale-leaseback accounting guidance, representing debt obligations for the Company and non-cash investing and financing activities. As a result, the Company capitalized $29.3 million in property, plant and equipment, net, representing the fair value of the buildings with a corresponding increase to debt. The Company has also capitalized $11.5 million in additional construction costs necessary to complete the renovations to the buildings, which were funded by the lessors, with a corresponding increase to debt. At January 3, 2016, the Company had $38.2 million recorded for these financing lease obligations, of which $1.1 million was recorded as short-term debt and $37.1 million was recorded as long-term debt. At December 28, 2014, the Company had $39.3 million recorded for these financing lease obligations, of which $1.1 million was recorded as short-term debt and $38.2 million was recorded as long-term debt. The buildings are being depreciated on a straight-line basis over the terms of the leases to their estimated residual values, which will equal the remaining financing obligation at the end of the lease term. At the end of the lease term, the remaining balances in property, plant and equipment, net and debt will be reversed against each other.

80

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The following table summarizes the maturities of the Company’s indebtedness as of January 3, 2016:

	Sr. Unsecured Revolving Credit Facility Maturing 2019			5.0% Sr. Notes Maturing 2021			Financing Lease Obligations		Total
	(In thousands)
2016	$	—		$	—		$	1,123	$	1,123
2017	—			—			1,169		1,169
2018	—			—			1,367		1,367
2019	482,000			—			1,532		483,532
2020	—			—			1,597		1,597
2021 and thereafter	—			500,000			31,409		531,409
Total before unamortized discount	482,000			500,000			38,197		1,020,197
Unamortized discount and debt issuance costs	(2,384		)	(4,928		)	—		(7,312		)
Total	$	479,616		$	495,072		$	38,197	$	1,012,885

Note 14: Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Payroll and incentives	$	62,813	$	61,018
Employee benefits	33,446		40,318
Deferred revenue	163,167		168,928
Federal, non-U.S. and state income taxes	2,882		9,801
Other accrued operating expenses	126,138		122,956
Total accrued expenses and other current liabilities	$	388,446	$	403,021

Note 15: Employee Benefit Plans

Savings Plan:    The Company has a 401(k) Savings Plan for the benefit of all qualified U.S. employees, with such employees receiving matching contributions in the amount equal to 100.0% of the first 5.0% of eligible compensation up to applicable Internal Revenue Service limits. Savings plan expense was $12.8 million in fiscal year 2015, $12.2 million in fiscal year 2014 and $12.8 million in fiscal year 2013.

Pension Plans:    The Company has a defined benefit pension plan covering certain U.S. employees and non-U.S. pension plans for certain non-U.S. employees. The principal U.S. defined benefit pension plan was closed to new hires effective January 31, 2001, and benefits for those employed by the Company’s former Life Sciences businesses were frozen as of that date. Plan benefits were frozen as of March 2003 for those employed by the Company’s former Analytical Instruments business and corporate employees. Plan benefits were frozen as of January 31, 2011 for all remaining employees that were still actively accruing in the plan. The plans provide benefits that are based on an employee’s years of service and compensation near retirement.

81

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Net periodic pension cost (credit) for U.S. and non-U.S. plans included the following components for fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Service cost	$	4,332		$	4,070		$	3,664
Interest cost	20,696			23,475			21,334
Expected return on plan assets	(26,021		)	(25,007		)	(25,106		)
Curtailment gain	(907		)	—			—
Actuarial loss (gain)	12,953			71,700			(16,464		)
Amortization of prior service cost	(238		)	(281		)	(267		)
Net periodic pension cost (credit)	$	10,815		$	73,957		$	(16,839	)

During fiscal year 2014, the Company notified certain employees of its intention to terminate their employment as part of the Q3 2014 restructuring plan. During fiscal year 2015, the termination of these participants decreased the expected future service lives in excess of the curtailment limit for one of the Company's pension plans, which resulted in a curtailment gain. The Company recorded the curtailment gain of $0.8 million during fiscal year 2015. As part of the curtailment, the Company remeasured the assets and liabilities of the plan that had the curtailment based upon current discount rates and the fair value of the pension plan's assets as of the curtailment date, which resulted in an actuarial loss of $0.8 million.

82

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The following table sets forth the changes in the funded status of the principal U.S. pension plan and the principal non-U.S. pension plans and the amounts recognized in the Company’s consolidated balance sheets as of January 3, 2016 and December 28, 2014.

	January 3, 2016						December 28, 2014
	Non-U.S.			U.S.			Non-U.S.			U.S.
	(In thousands)
Actuarial present value of benefit obligations:
Accumulated benefit obligations	$	267,862		$	301,416		$	291,640		$	327,632
Change in benefit obligations:
Projected benefit obligations at beginning of year	$	303,809		$	327,632		$	288,216		$	279,299
Service cost	2,532			1,800			2,670			1,400
Interest cost	7,695			13,001			10,575			12,900
Benefits paid and plan expenses	(11,100		)	(24,127		)	(12,280		)	(19,282		)
Participants’ contributions	343			—			394			—
Plan curtailments	(759		)	—			—			—
Plan settlements	(1,401		)	—			—			—
Actuarial loss (gain)	131			(16,890		)	42,095			53,315
Effect of exchange rate changes	(24,290		)	—			(27,861		)	—
Projected benefit obligations at end of year	$	276,960		$	301,416		$	303,809		$	327,632
Change in plan assets:
Fair value of plan assets at beginning of year	$	156,767		$	256,254		$	143,704		$	249,756
Actual return on plan assets	3,745			(7,434		)	22,939			25,780
Benefits paid and plan expenses	(11,100		)	(24,127		)	(12,280		)	(19,282		)
Employer’s contributions	10,908			20,000			11,195			—
Participants’ contributions	343			—			394			—
Plan settlements	(1,401		)	—			—			—
Effect of exchange rate changes	(8,368		)	—			(9,185		)	—
Fair value of plan assets at end of year	150,894			244,693			156,767			256,254
Net liabilities recognized in the consolidated balance sheets	$	(126,066	)	$	(56,723	)	$	(147,042	)	$	(71,378	)
Net amounts recognized in the consolidated balance sheets consist of:
Noncurrent assets	$	12,135		$	—		$	9,825		$	—
Current liabilities	(6,261		)	—			(6,786		)	—
Noncurrent liabilities	(131,940		)	(56,723		)	(150,081		)	(71,378		)
Net liabilities recognized in the consolidated balance sheets	$	(126,066	)	$	(56,723	)	$	(147,042	)	$	(71,378	)
Net amounts recognized in accumulated other comprehensive income consist of:
Prior service cost	$	(932	)	$	—		$	(1,371	)	$	—
Net amounts recognized in accumulated other comprehensive income	$	(932	)	$	—		$	(1,371	)	$	—
Actuarial assumptions as of the year-end measurement date:
Discount rate	2.88		%	4.25		%	2.75		%	4.08		%
Rate of compensation increase	3.26		%	None			3.07		%	None

83

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Actuarial assumptions used to determine net periodic pension cost during the year were as follows:

	January 3, 2016				December 28, 2014				December 29, 2013
	Non-U.S.		U.S.		Non-U.S.		U.S.		Non-U.S.		U.S.
Discount rate	2.75	%	4.08	%	3.77	%	4.77	%	3.62	%	3.92	%
Rate of compensation increase	3.28	%	None		3.23	%	None		2.88	%	None
Expected rate of return on assets	4.60	%	7.25	%	5.30	%	7.25	%	5.50	%	7.50	%

The following table provides a breakdown of the non-U.S. benefit obligations and fair value of assets for pension plans that have benefit obligations in excess of plan assets:

	January 3, 2016		December 28, 2014
	(In thousands)
Pension Plans with Projected Benefit Obligations in Excess of Plan Assets
Projected benefit obligations	$	138,201	$	156,867
Fair value of plan assets	—		—
Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Accumulated benefit obligations	$	134,858	$	153,239
Fair value of plan assets	—		—

Assets of the defined benefit pension plans are primarily equity and debt securities. Asset allocations as of January 3, 2016 and December 28, 2014, and target asset allocations for fiscal year 2016 are as follows:

	Target Allocation				Percentage of Plan Assets at
	January 1, 2017				January 3, 2016				December 28, 2014
Asset Category	Non-U.S.		U.S.		Non-U.S.		U.S.		Non-U.S.		U.S.
Equity securities	45-55%		40-50%		49	%	42	%	49	%	39	%
Debt securities	45-55%		50-60%		50	%	58	%	50	%	61	%
Other	0-5%		0-5%		1	%	—	%	1	%	—	%
Total	100	%	100	%	100	%	100	%	100	%	100	%

The Company maintains target allocation percentages among various asset classes based on investment policies established for the pension plans which are designed to maximize the total rate of return (income and appreciation) after inflation within the limits of prudent risk taking, while providing for adequate near-term liquidity for benefit payments.

The Company’s expected rate of return on assets assumptions are derived from management’s estimates, as well as other information compiled by management, including studies that utilize customary procedures and techniques. The studies include a review of anticipated future long-term performance of individual asset classes and consideration of the appropriate asset allocation strategy given the anticipated requirements of the plans to determine the average rate of earnings expected on the funds invested to provide for the pension plans benefits. While the study gives appropriate consideration to recent fund performance and historical returns, the assumption is primarily a long-term, prospective rate.

The Company's discount rate assumptions are derived from a range of factors, including a yield curve for certain plans, composed of the rates of return on high-quality fixed-income corporate bonds available at the measurement date and the related expected duration for the obligations, and a bond matching approach for certain plans.

For the plans in the United States, as of December 28, 2014 the Company adopted a new mortality base table, RP-2014, with projection scale, MP-2014, that was published by the Society of Actuaries in 2014. The adoption of the new mortality base table resulted in a $32.1 million increase to the projected benefit obligation as of December 28, 2014. During fiscal year 2015, the Society of Actuaries issued an updated mortality improvement scale that reflects smaller improvements in longevity than predicted by its MP-2014 scale. The Company adopted the updated projection scale, MP-2015, as of January 3, 2016. The adoption of the updated projection scale resulted in a $6.8 million decrease to the projected benefit obligation at January 3, 2016. The changes to the projected benefit obligations due to the adoption of the mortality base table and projection scale are included within "Actuarial loss (gain)" in the Change in Benefit Obligations for fiscal years 2015 and 2014 above.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The target allocations for plan assets are listed in the above table. Equity securities primarily include investments in large-cap and mid-cap companies located in the United States and abroad, and equity index funds. Debt securities include corporate bonds of companies from diversified industries, high-yield bonds, and U.S. government securities. Other types of investments include investments in non-U.S. government index linked bonds, multi-strategy hedge funds and venture capital funds that follow several different strategies.

The fair values of the Company’s pension plan assets as of January 3, 2016 and December 28, 2014 by asset category, classified in the three levels of inputs described in Note 21 to the consolidated financial statements are as follows:

			Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	2,890	$	2,890	$	—	$	—
Equity Securities:
U.S. large-cap	30,357		30,357		—		—
International large-cap value	26,686		26,686		—		—
Emerging markets growth	10,600		10,600		—		—
Equity index funds	74,974		—		74,974		—
Domestic real estate funds	2,735		2,735		—		—
Commodity funds	8,128		8,128		—		—
Fixed income securities:
Non-U.S. Treasury Securities	21,531		—		21,531		—
Corporate and U.S. debt instruments	137,117		28,746		108,371		—
Corporate bonds	23,871		—		23,871		—
High yield bond funds	3,324		3,324		—		—
Other types of investments:
Multi-strategy hedge funds	23,415		—		—		23,415
Venture capital funds	1		—		—		1
Non-U.S. government index linked bonds	29,958		—		29,958		—
Total assets measured at fair value	$	395,587	$	113,466	$	258,705	$	23,416

85

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

			Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	4,971	$	4,971	$	—	$	—
Equity Securities:
U.S. large-cap	28,602		28,602		—		—
International large-cap value	25,202		25,202		—		—
Emerging markets growth	13,010		13,010		—		—
Equity index funds	77,432		—		77,432		—
Domestic real estate funds	2,860		2,860		—		—
Commodity funds	7,423		7,423		—		—
Fixed income securities:
Non-U.S. Treasury Securities	22,025		—		22,025		—
Corporate and U.S. debt instruments	147,834		53,813		94,021		—
Corporate bonds	25,164		—		25,164		—
High yield bond funds	3,614		3,614		—		—
Other types of investments:
Multi-strategy hedge funds	23,332		—		—		23,332
Venture capital funds	1		—		—		1
Non-U.S. government index linked bonds	31,551		—		31,551		—
Total assets measured at fair value	$	413,021	$	139,495	$	250,193	$	23,333

Valuation Techniques:    Valuation techniques utilized need to maximize the use of observable inputs and minimize the use of unobservable inputs. There have been no changes in the methodologies utilized at January 3, 2016 compared to December 28, 2014. The following is a description of the valuation techniques utilized to measure the fair value of the assets shown in the table above.

Equity Securities:    Shares of registered investment companies that are publicly traded are categorized as Level 1 assets; they are valued at quoted market prices that represent the net asset value of the fund. These instruments have active markets.

Equity index funds are mutual funds that are not publicly traded and are comprised primarily of underlying equity securities that are publicly traded on exchanges. Price quotes for the assets held by these funds are readily observable and available. Equity index funds are categorized as Level 2 assets.

Fixed Income Securities:    Fixed income mutual funds that are publicly traded are valued at quoted market prices that represent the net asset value of securities held by the fund and are categorized as Level 1 assets.

Fixed income index funds that are not publicly traded are stated at net asset value as determined by the issuer of the fund based on the fair value of the underlying investments and are categorized as Level 2 assets.

Individual fixed income bonds are categorized as Level 2 assets except where sufficient quoted prices exist in active markets, in which case such securities are categorized as Level 1 assets. These securities are valued using third-party pricing services. These services may use, for example, model-based pricing methods that utilize observable market data as inputs. Broker dealer bids or quotes of securities with similar characteristics may also be used.

Other Types of Investments:    Non-U.S. government index link bond funds are not publicly traded and are stated at net asset value as determined by the issuer of the fund based on the fair value of the underlying investments. Underlying investments consist of bonds in which payment of income on the principal is related to a specific price index and are categorized as Level 2 assets.

Hedge funds, private equity funds and venture capital funds are valued at fair value by using the net asset values provided by the investment managers and are updated, if necessary, using analytical procedures, appraisals, public market data and/or inquiry of the investment managers. The net asset values are determined based upon the fair values of the underlying investments in the funds. These other investments invest primarily in readily available marketable securities and allocate gains,

86

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

losses, and expense to the investor based on the ownership percentage as described in the fund agreements. They are categorized as Level 3 assets.

The Company's policy is to recognize significant transfers between levels at the actual date of the event.

A reconciliation of the beginning and ending Level 3 assets for fiscal years 2015, 2014 and 2013 is as follows:

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3):
	Common Collective Trusts/Private Funds			Venture Capital Funds			Multi-strategy Hedge Funds		Total
	(In thousands)
Balance at December 30, 2012	$	162		$	7		$	20,262	$	20,431
Realized losses	7			—			—		7
Unrealized (losses) gains	(19		)	1			2,427		2,409
Issuances, sales and settlements	(150		)	—			—		(150		)
Balance at December 29, 2013	—			8			22,689		22,697
Unrealized (losses) gains	—			(7		)	643		636
Balance at December 28, 2014	—			1			23,332		23,333
Unrealized gains	—			—			83		83
Balance at January 3, 2016	$	—		$	1		$	23,415	$	23,416

With respect to plans outside of the United States, the Company expects to contribute $9.3 million in the aggregate during fiscal year 2016. During fiscal year 2015, the Company contributed $14.9 million, in the aggregate, to pension plans outside of the United States and $20.0 million to its defined benefit pension plan in the United States. During fiscal year 2014, the Company made contributions of $11.2 million, in the aggregate, to plans outside of the United States. During fiscal year 2013, the Company made contributions of $37.0 million for the 2012 plan year to its defined benefit pension plan in the United States. During fiscal year 2013, the Company contributed $20.2 million, in the aggregate, to plans outside of the United States, which includes an additional contribution of $10.0 million to its defined benefit pension plan in the United Kingdom.

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as follows:

	Non-U.S.		U.S.
	(In thousands)
2016	$	10,490	$	17,950
2017	11,051		18,018
2018	11,466		18,289
2019	11,855		18,469
2020	12,473		18,683
2021-2025	67,253		95,733

The Company also sponsors a supplemental executive retirement plan to provide senior management with benefits in excess of normal pension benefits. Effective July 31, 2000, this plan was closed to new entrants. At January 3, 2016 and December 28, 2014, the projected benefit obligations were $21.5 million and $24.5 million, respectively. Assets with a fair value of $0.6 million and $0.5 million, segregated in a trust (which is included in marketable securities and investments on the consolidated balance sheets), were available to meet this obligation as of January 3, 2016 and December 28, 2014, respectively. Pension income and expenses for this plan netted to income of $1.6 million in fiscal year 2015, expense of $4.8 million in fiscal year 2014 and income of $0.4 million in fiscal year 2013.

Postretirement Medical Plans:    The Company provides healthcare benefits for eligible retired U.S. employees under a comprehensive major medical plan or under health maintenance organizations where available. Eligible U.S. employees qualify for retiree health benefits if they retire directly from the Company and have at least ten years of service. Generally, the major medical plan pays stated percentages of covered expenses after a deductible is met and takes into consideration payments by other group coverage and by Medicare. The plan requires retiree contributions under most circumstances and has provisions for

87

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

cost-sharing charges. Effective January 1, 2000, this plan was closed to new hires. For employees retiring after 1991, the Company has capped its medical premium contribution based on employees’ years of service. The Company funds the amount allowable under a 401(h) provision in the Company’s defined benefit pension plan. Assets of the plan are primarily equity and debt securities and are available only to pay retiree health benefits.

Net periodic postretirement medical benefit cost (credit) included the following components for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Service cost	$	108		$	95		$	106
Interest cost	143			155			135
Expected return on plan assets	(1,062		)	(964		)	(965		)
Actuarial loss (gain)	971			(384		)	(182		)
Net periodic postretirement medical benefit cost (credit)	$	160		$	(1,098	)	$	(906	)

The following table sets forth the changes in the postretirement medical plan’s funded status and the amounts recognized in the Company’s consolidated balance sheets as of January 3, 2016 and December 28, 2014.

	January 3, 2016			December 28, 2014
	(In thousands)
Actuarial present value of benefit obligations:
Retirees	$	1,033		$	1,159
Active employees eligible to retire	424			388
Other active employees	2,119			1,795
Accumulated benefit obligations at beginning of year	3,576			3,342
Service cost	108			95
Interest cost	143			155
Benefits paid	(158		)	(157		)
Actuarial (gain) loss	(308		)	141
Change in accumulated benefit obligations during the year	(215		)	234
Retirees	907			1,033
Active employees eligible to retire	423			424
Other active employees	2,031			2,119
Accumulated benefit obligations at end of year	3,361			3,576
Change in plan assets:
Fair value of plan assets at beginning of year	14,728			13,396
Actual return on plan assets	(375		)	1,332
Fair value of plan assets at end of year	14,353			14,728
Net assets recognized in the consolidated balance sheets	$	10,992		$	11,152
Net amounts recognized in the consolidated balance sheets consist of:
Noncurrent assets	$	10,992		$	11,152
Net assets recognized in the consolidated balance sheets	$	10,992		$	11,152
Net amounts recognized in accumulated other comprehensive income consist of:
Prior service cost	$	—		$	—
Net amounts recognized in accumulated other comprehensive income	$	—		$	—
Actuarial assumptions as of the year-end measurement date:
Discount rate	4.34		%	4.10		%

88

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Actuarial assumptions used to determine net cost during the year are as follows:

	January 3, 2016		December 28, 2014		December 29, 2013
Discount rate	4.10	%	4.77	%	3.86	%
Expected rate of return on assets	7.25	%	7.25	%	7.50	%

The Company maintains a master trust for plan assets related to the U.S. defined benefit plans and the U.S. postretirement medical plan. Accordingly, investment policies, target asset allocations and actual asset allocations are the same as those disclosed for the U.S. defined benefit plans.

The fair values of the Company’s plan assets at January 3, 2016 and December 28, 2014 by asset category, classified in the three levels of inputs described in Note 21, are as follows:

			Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	133	$	133	$	—	$	—
Equity Securities:
U.S. large-cap	1,781		1,781		—		—
International large-cap value	1,566		1,566		—		—
Emerging markets growth	622		622		—		—
Domestic real estate funds	160		160		—		—
Commodity funds	477		477		—		—
Fixed income securities:
Corporate debt instruments	8,045		1,687		6,358		—
High yield bond funds	195		195		—		—
Other types of investments:
Multi-strategy hedge funds	1,374		—		—		1,374
Total assets measured at fair value	$	14,353	$	6,621	$	6,358	$	1,374

			Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	248	$	248	$	—	$	—
Equity Securities:
U.S. large-cap	1,644		1,644		—		—
International large-cap value	1,449		1,449		—		—
Emerging markets growth	748		748		—		—
Domestic real estate funds	164		164		—		—
Commodity funds	427		427		—		—
Fixed income securities:
Corporate debt instruments	8,499		3,094		5,405		—
High yield bond funds	208		208		—		—
Other types of investments:
Multi-strategy hedge funds	1,341		—		—		1,341
Total assets measured at fair value	$	14,728	$	7,982	$	5,405	$	1,341

89

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Valuation Techniques:    Valuation techniques are the same as those disclosed for the U.S. defined benefit plans above.

A reconciliation of the beginning and ending Level 3 assets for fiscal years 2015, 2014 and 2013 is as follows:

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3):
	Common Collective Trusts/Private Funds			Venture Capital Funds			Multi-strategy Hedge Funds		Total
	(In thousands)
Balance at December 30, 2012	$	9		$	1		$	1,184	$	1,194
Unrealized (losses) gains	(1		)	(1		)	33		31
Issuances, sales and settlements	(8		)	—			—		(8		)
Balance at December 29, 2013	—			—			1,217		1,217
Unrealized gains	—			—			124		124
Balance at December 28, 2014	—			—			1,341		1,341
Unrealized gains	—			—			33		33
Balance at January 3, 2016	$	—		$	—		$	1,374	$	1,374

The Company does not expect to make any contributions to the postretirement medical plan during fiscal year 2016.

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as follows:

Postretirement Medical Plan
	(In thousands)
2016	$	162
2017	171
2018	179
2019	189
2020	197
2021-2025	1,154

Deferred Compensation Plans:    During fiscal year 1998, the Company implemented a nonqualified deferred compensation plan that provides benefits payable to officers and certain key employees or their designated beneficiaries at specified future dates, or upon retirement or death. The plan was amended to eliminate deferral elections, with the exception of Company 401(k) excess contributions for eligible participants, for plan years beginning January 1, 2011. Benefit payments under the plan are funded by contributions from participants, and for certain participants, contributions by the Company. The obligations related to the deferred compensation plan totaled $1.2 million and $1.0 million at January 3, 2016 and December 28, 2014, respectively.

Note 16: Contingencies

The Company is conducting a number of environmental investigations and remedial actions at current and former locations of the Company and, along with other companies, has been named a potentially responsible party (“PRP”) for certain waste disposal sites. The Company accrues for environmental issues in the accounting period that the Company's responsibility is established and when the cost can be reasonably estimated. The Company has accrued $11.8 million and $12.3 million as of January 3, 2016 and December 28, 2014, respectively, which represents its management’s estimate of the cost of the remediation of known environmental matters, and does not include any potential liability for related personal injury or property damage claims. During fiscal year 2014, the Company recorded a benefit of $2.3 million for cost reimbursements related to a particular site for monitoring and mitigation activities. During fiscal year 2013, the Company accrued an additional $5.7 million related to a particular site for increased monitoring and mitigation activities. The Company's environmental accrual is not discounted and does not reflect the recovery of any material amounts through insurance or indemnification arrangements. The cost estimates are subject to a number of variables, including the stage of the environmental investigations, the magnitude of the possible contamination, the nature of the potential remedies, possible joint and several liability, the time period over which remediation may occur, and the possible effects of changing laws and regulations. For sites where the Company has been

90

named a PRP, management does not currently anticipate any additional liability to result from the inability of other significant named parties to contribute. The Company expects that the majority of such accrued amounts could be paid out over a period of up to ten years. As assessment and remediation activities progress at each individual site, these liabilities are reviewed and adjusted to reflect additional information as it becomes available. There have been no environmental problems to date that have had, or are expected to have, a material adverse effect on the Company’s consolidated financial statements. While it is possible that a loss exceeding the amounts recorded in the consolidated financial statements may be incurred, the potential exposure is not expected to be materially different from those amounts recorded.

The Company is subject to various claims, legal proceedings and investigations covering a wide range of matters that arise in the ordinary course of its business activities. Although the Company has established accruals for potential losses that it believes are probable and reasonably estimable, in the opinion of the Company’s management, based on its review of the information available at this time, the total cost of resolving these contingencies at January 3, 2016 should not have a material adverse effect on the Company’s consolidated financial statements. However, each of these matters is subject to uncertainties, and it is possible that some of these matters may be resolved unfavorably to the Company.

Note 17: Warranty Reserves

The Company provides warranty protection for certain products usually for a period of one year beyond the date of sale. The majority of costs associated with warranty obligations include the replacement of parts and the time for service personnel to respond to repair and replacement requests. A warranty reserve is recorded based upon historical results, supplemented by management’s expectations of future costs. Warranty reserves are included in “Accrued expenses and other current liabilities” on the consolidated balance sheets.

A summary of warranty reserve activity for the fiscal years ended January 3, 2016, December 28, 2014 and December 29, 2013 is as follows:

	(In thousands)
Balance at December 30, 2012	$	11,003
Provision charged to income	17,291
Payments	(17,116		)
Adjustments to previously provided warranties, net	(693		)
Foreign currency translation and acquisitions	49
Balance at December 29, 2013	10,534
Provision charged to income	17,447
Payments	(16,750		)
Adjustments to previously provided warranties, net	73
Foreign currency translation and acquisitions	(521		)
Balance at December 28, 2014	10,783
Provision charged to income	16,904
Payments	(16,204		)
Adjustments to previously provided warranties, net	(60		)
Foreign currency translation and acquisitions	(501		)
Balance at January 3, 2016	$	10,922

Note 18: Stock Plans

Stock-Based Compensation:

In addition to the Company’s Employee Stock Purchase Plan, the Company utilizes one stock-based compensation plan, the 2009 Incentive Plan (the “2009 Plan”). Under the 2009 Plan, 10.7 million shares of the Company's common stock are authorized for stock option grants, restricted stock awards, performance units and stock grants as part of the Company’s compensation programs. In addition to shares of the Company’s common stock originally authorized for issuance under the 2009 Plan, the 2009 Plan includes shares of the Company’s common stock previously granted under the Amended and Restated 2001 Incentive Plan and the 2005 Incentive Plan that were canceled or forfeited without the shares being issued.

91

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The following table summarizes total pre-tax compensation expense recognized related to the Company’s stock options, restricted stock, restricted stock units, performance units and stock grants, net of estimated forfeitures, included in the Company’s consolidated statements of operations for fiscal years 2015, 2014 and 2013:

	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
Cost of product and service revenue	$	1,339	$	1,456	$	1,304
Research and development expenses	600		546		853
Selling, general and administrative expenses	15,780		12,462		11,896
Total stock-based compensation expense	$	17,719	$	14,464	$	14,053

The total income tax benefit recognized in the consolidated statements of operations for stock-based compensation was $5.8 million in fiscal year 2015, $5.4 million in fiscal year 2014 and $4.4 million in fiscal year 2013. Stock-based compensation costs capitalized as part of inventory were $0.2 million and $0.3 million as of January 3, 2016 and December 28, 2014, respectively. The excess tax benefit recognized from stock compensation, classified as a financing cash activity, was $2.4 million in fiscal year 2015, and zero in both fiscal years 2014 and 2013.

Stock Options:    The Company has granted options to purchase common shares at prices equal to the market price of the common shares on the date the option is granted. Conditions of vesting are determined at the time of grant. Options are generally exercisable in equal annual installments over a period of three years, and will generally expire seven years after the date of grant. Options replaced in association with business combination transactions are generally issued with the same terms of the respective plans under which they were originally issued.

The fair value of each option grant is estimated using the Black-Scholes option pricing model. The fair value is then amortized on a straight-line basis over the requisite service periods of the awards, which is generally the vesting period. Use of a valuation model requires management to make certain assumptions with respect to selected model inputs. Expected volatility was calculated based on the historical and implied volatility of the Company’s stock. The average expected life was based on the contractual term of the option and historic exercise experience. The risk-free interest rate is based on United States Treasury zero-coupon issues with a remaining term equal to the expected life assumed at the date of grant. Forfeitures are estimated based on voluntary termination behavior, as well as an analysis of actual option forfeitures. The Company’s weighted-average assumptions used in the Black-Scholes option pricing model were as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014		December 29, 2013
Risk-free interest rate	1.3	%	1.5	%	0.9	%
Expected dividend yield	0.6	%	0.7	%	0.8	%
Expected lives	5 years		5 years		5 years
Expected stock volatility	26.5	%	30.9	%	38.5	%

The following table summarizes stock option activity for the three fiscal years ended January 3, 2016:

	January 3, 2016				December 28, 2014				December 29, 2013
	Number of Shares		Weighted- Average Exercise Price		Number of Shares		Weighted- Average Exercise Price		Number of Shares		Weighted- Average Exercise Price
	(Shares in thousands)
Outstanding at beginning of year	2,828		$	26.11	3,494		$	23.34	4,266		$	21.64
Granted	502		46.36		520		43.12		518		33.62
Exercised	(849	)	17.56		(1,024	)	23.89		(947	)	21.45
Canceled	(4	)	20.20		(4	)	20.97		(8	)	22.88
Forfeited	(105	)	33.90		(158	)	35.33		(335	)	23.04
Outstanding at end of year	2,372		$	33.12	2,828		$	26.11	3,494		$	23.34
Exercisable at end of year	1,500		$	27.01	1,900		$	21.13	2,392		$	20.66

92

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

The aggregate intrinsic value for stock options outstanding at January 3, 2016 was $42.7 million with a weighted-average remaining contractual term of 3.6 years. The aggregate intrinsic value for stock options exercisable at January 3, 2016 was $36.2 million with a weighted-average remaining contractual term of 2.5 years. At January 3, 2016, there were 2.3 million stock options that were vested, and expected to vest in the future, with an aggregate intrinsic value of $42.1 million and a weighted-average remaining contractual term of 3.6 years.

The weighted-average per-share grant-date fair value of options granted during fiscal years 2015, 2014 and 2013 was $11.02, $11.86, and $10.82, respectively. The total intrinsic value of options exercised during fiscal years 2015, 2014 and 2013 was $25.9 million, $22.0 million, and $13.8 million, respectively. Cash received from option exercises for fiscal years 2015, 2014 and 2013 was $14.9 million, $24.5 million, and $20.3 million, respectively. The total compensation expense recognized related to the Company’s outstanding options was $4.2 million in fiscal year 2015, $5.0 million in fiscal year 2014 and $4.4 million in fiscal year 2013.

There was $5.7 million of total unrecognized compensation cost, net of estimated forfeitures, related to nonvested stock options granted as of January 3, 2016. This cost is expected to be recognized over a weighted-average period of 1.8 years, and will be adjusted for any future changes in estimated forfeitures.

Restricted Stock Awards:    The Company has awarded shares of restricted stock and restricted stock units to certain employees and non-employee directors at no cost to them, which cannot be sold, assigned, transferred or pledged during the restriction period. The restricted stock and restricted stock units vest through the passage of time, assuming continued employment. The fair value of the award at the time of the grant is expensed on a straight line basis primarily in selling, general and administrative expenses over the vesting period, which is generally three years. These awards were granted under the Company’s 2009 Plan. Recipients of the restricted stock have the right to vote such shares and receive dividends.

The following table summarizes restricted stock award activity for the three fiscal years ended January 3, 2016:

	January 3, 2016				December 28, 2014				December 29, 2013
	Number of Shares		Weighted- Average Grant- Date Fair Value		Number of Shares		Weighted- Average Grant- Date Fair Value		Number of Shares		Weighted- Average Grant- Date Fair Value
	(Shares in thousands)
Nonvested at beginning of year	558		$	35.51	649		$	29.24	781		$	24.71
Granted	245		46.86		261		42.61		289		33.87
Vested	(249	)	31.11		(258	)	27.64		(346	)	22.98
Forfeited	(52	)	40.71		(94	)	33.58		(75	)	28.76
Nonvested at end of year	502		$	42.61	558		$	35.51	649		$	29.24

The fair value of restricted stock awards vested during fiscal years 2015, 2014 and 2013 was $7.8 million, $7.1 million, and $8.0 million, respectively. The total compensation expense recognized related to the restricted stock awards was $8.7 million in fiscal year 2015, $7.1 million in fiscal year 2014 and $7.5 million in fiscal year 2013.

As of January 3, 2016, there was $10.8 million of total unrecognized compensation cost, net of forfeitures, related to nonvested restricted stock awards. That cost is expected to be recognized over a weighted-average period of 1.3 years.

Performance Units:    The Company’s performance unit program provides a cash award based on the achievement of specific performance criteria. A target number of units are granted at the beginning of a three-year performance period. The number of units earned at the end of the performance period is determined by multiplying the number of units granted by a performance factor ranging from 0% to 200%. Awards are determined by multiplying the number of units earned by the stock price at the end of the performance period, and are paid in cash and accounted for as a liability based award. The compensation expense associated with these units is recognized over the period that the performance targets are expected to be achieved. The Company granted 66,509 performance units, 79,463 performance units, and 98,056 performance units during fiscal years 2015, 2014 and 2013, respectively. The weighted-average per-share grant-date fair value of performance units granted during fiscal years 2015, 2014 and 2013 was $46.83, $42.84, and $34.06, respectively. During fiscal years 2015, 2014 and 2013, 8,860, 35,954 and 28,515 performance units were forfeited, respectively. The total compensation expense related to performance units was $4.0 million, $1.6 million, and $1.4 million for fiscal years 2015, 2014 and 2013, respectively. As of January 3, 2016, there were 201,415 performance units outstanding subject to forfeiture, with a corresponding liability of $5.9 million recorded in accrued expenses and long-term liabilities.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Stock Awards:    The Company’s stock award program provides non-employee directors an annual equity award. For fiscal years 2015, 2014 and 2013 the award equaled the number of shares of the Company’s common stock which has an aggregate fair market value of $100,000 on the date of the award. The stock award is prorated for non-employee directors who serve for only a portion of the year. The compensation expense associated with these stock awards is recognized when the stock award is granted. In fiscal years 2015, 2014 and 2013, each non-employee director was awarded 1,953 shares, 2,373 shares, and 3,263 shares, respectively. The Company also granted 544 shares to a new non-employee director during fiscal year 2015. The weighted-average per-share grant-date fair value of stock awards granted during fiscal years 2015, 2014 and 2013 was $51.01, $42.14, and $30.65, respectively. In each of fiscal years 2015, 2014 and 2013, the total compensation expense recognized related to these stock awards was $0.7 million.

Employee Stock Purchase Plan:

In April 1999, the Company’s shareholders approved the 1998 Employee Stock Purchase Plan. In April 2005, the Compensation and Benefits Committee of the Board voted to amend the Employee Stock Purchase Plan, effective July 1, 2005, whereby participating employees have the right to purchase common stock at a price equal to 95% of the closing price on the last day of each six-month offering period. The number of shares which an employee may purchase, subject to certain aggregate limits, is determined by the employee’s voluntary contribution, which may not exceed 10% of the employee’s base compensation. During fiscal year 2015, the Company issued 78,294 shares of common stock under the Company’s Employee Stock Purchase Plan at a weighted-average price of $47.08 per share. During fiscal year 2014, the Company issued 60,870 shares under this plan at a weighted-average price of $41.71 per share. During fiscal year 2013, the Company issued 89,521 shares under this plan at a weighted-average price of $30.51 per share. At January 3, 2016 there remains available for sale to employees an aggregate of 1.0 million shares of the Company’s common stock out of the 5.0 million shares authorized by shareholders for issuance under this plan.

Note 19: Stockholders’ Equity

Comprehensive Income:

The components of accumulated other comprehensive (loss) income consisted of the following:

	Foreign Currency Translation Adjustment, net of tax			Unrecognized Prior Service Costs, net of tax			Unrealized (Losses) Gains on Securities, net of tax			Unrealized and Realized (Losses) Gains on Derivatives, net of tax			Accumulated Other Comprehensive Income (Loss)
	(In thousands)
Balance, December 30, 2012	$	67,527		$	2,087		$	(129	)	$	(2,892	)	$	66,593
Current year change	8,756			(658		)	8			2,892			10,998
Balance, December 29, 2013	76,283			1,429			(121		)	—			77,591
Current year change	(52,951		)	146			14			—			(52,791		)
Balance, December 28, 2014	23,332			1,575			(107		)	—			24,800
Current year change	(70,178		)	(316		)	(262		)	—			(70,756		)
Balance, January 3, 2016	$	(46,846	)	$	1,259		$	(369	)	$	—		$	(45,956	)

During fiscal year 2013, pre-tax losses of $4.8 million were reclassified from accumulated other comprehensive income into interest and other expense, net, related to previously settled cash flow hedges, which includes $2.8 million for the remaining unamortized derivative losses that were reclassified when the Company redeemed all of its 2015 Notes. The Company recognized a tax provision of $1.9 million related to these amounts reclassified out of accumulated other comprehensive income for fiscal year 2013. During fiscal years 2015, 2014 and 2013, pre-tax income of $0.3 million, pre-tax expense of $0.1 million, and pre-tax income of $0.7 million, respectively, were reclassified from accumulated other comprehensive income into selling, general and administrative expenses as a component of net periodic benefit cost.

Stock Repurchase Program:

On October 23, 2014, the Board of Directors (the "Board") authorized the Company to repurchase up to 8.0 million shares of common stock under a stock repurchase program (the "Repurchase Program"). The Repurchase Program will expire on October 23, 2016 unless terminated earlier by the Board, and may be suspended or discontinued at any time. On October 24, 2012, the Board authorized the Company to repurchase up to 6.0 million shares of common stock under a stock repurchase program (the "Former Repurchase Program"). The Former Repurchase Program expired on October 24, 2014. During fiscal year 2015, the Company repurchased 1.5 million shares of common stock in the open market at an aggregate cost

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

of $72.0 million, including commissions, under the Repurchase Program. During fiscal year 2014, the Company repurchased 1.4 million shares of common stock in the open market at an aggregate cost of $61.3 million, including commissions, under the Repurchase Program and the Former Repurchase Program. During fiscal year 2013, the Company repurchased 3.6 million shares of common stock in the open market at an aggregate cost of $123.0 million, including commissions, under the Former Repurchase Program. As of January 3, 2016, 5.9 million shares remained available for repurchase under the Repurchase Program. From January 4, 2016 through February 25, 2016, the Company repurchased 2.4 million shares of common stock in the open market at an aggregate cost of $109.7 million, including commissions, under the Repurchase Program.

The Board has authorized the Company to repurchase shares of common stock to satisfy minimum statutory tax withholding obligations in connection with the vesting of restricted stock awards and restricted stock unit awards granted pursuant to the Company’s equity incentive plans and to satisfy obligations related to the exercise of stock options made pursuant to the Company's equity incentive plans. During fiscal year 2015, the Company repurchased 95,129 shares of common stock for this purpose at an aggregate cost of $4.4 million. During fiscal year 2014, the Company repurchased 98,269 shares of common stock for this purpose at an aggregate cost of $4.3 million. During fiscal year 2013, the Company repurchased 127,544 shares of common stock for this purpose at an aggregate cost of $4.4 million. The repurchased shares have been reflected as additional authorized but unissued shares, with the payments reflected in common stock and capital in excess of par value.

Dividends:

The Board declared a regular quarterly cash dividend of $0.07 per share in each quarter of fiscal years 2015 and 2014. At January 3, 2016, the Company has accrued $7.8 million for dividends declared on October 29, 2015 for the fourth quarter of fiscal year 2015 that was paid in February 2016. On January 28, 2016, the Company announced that the Board had declared a quarterly dividend of $0.07 per share for the first quarter of fiscal year 2016 that will be payable in May 2016. In the future, the Board may determine to reduce or eliminate the Company’s common stock dividend in order to fund investments for growth, repurchase shares or conserve capital resources.

Note 20: Derivatives and Hedging Activities

The Company uses derivative instruments as part of its risk management strategy only, and includes derivatives utilized as economic hedges that are not designated as hedging instruments. By nature, all financial instruments involve market and credit risks. The Company enters into derivative instruments with major investment grade financial institutions and has policies to monitor the credit risk of those counterparties. The Company does not enter into derivative contracts for trading or other speculative purposes, nor does the Company use leveraged financial instruments. Approximately 60% of the Company’s business is conducted outside of the United States, generally in foreign currencies. As a result, fluctuations in foreign currency exchange rates can increase the costs of financing, investing and operating the business.

In the ordinary course of business, the Company enters into foreign exchange contracts for periods consistent with its committed exposures to mitigate the effect of foreign currency movements on transactions denominated in foreign currencies. The intent of these economic hedges is to offset gains and losses that occur on the underlying exposures from these currencies, with gains and losses resulting from the forward currency contracts that hedge these exposures. Transactions covered by hedge contracts include intercompany and third-party receivables and payables. The contracts are primarily in European and Asian currencies, have maturities that do not exceed 12 months, have no cash requirements until maturity, and are recorded at fair value on the Company’s consolidated balance sheets. The unrealized gains and losses on the Company’s foreign currency contracts are recognized immediately in interest and other expense, net. The cash flows related to the settlement of these hedges are included in cash flows from operating activities within the Company’s consolidated statement of cash flows.

Principal hedged currencies include the British Pound, Euro, Japanese Yen and Singapore Dollar. The Company held forward foreign exchange contracts, designated as economic hedges, with U.S. dollar equivalent notional amounts totaling $127.3 million at January 3, 2016, $95.0 million at December 28, 2014, and $138.4 million at December 29, 2013, and the fair value of these foreign currency derivative contracts was insignificant. The gains and losses realized on these foreign currency derivative contracts are not material. The duration of these contracts was generally 30 days or less during each of fiscal years 2015, 2014 and 2013.

In addition, in connection with certain intercompany loan agreements utilized to finance its acquisitions, the Company enters into forward foreign exchange contracts intended to hedge movements in foreign exchange rates prior to settlement of such intercompany loans denominated in foreign currencies. The Company records these hedges at fair value on the Company’s consolidated balance sheets. The unrealized gains and losses on these hedges, as well as the gains and losses associated with the remeasurement of the intercompany loans, are recognized immediately in interest and other expense, net. The cash flows related to the settlement of these hedges are included in cash flows from financing activities within the Company’s consolidated statement of cash flows.

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During fiscal year 2014, the Company entered into five forward foreign exchange contracts, designated as economic hedges, with settlement dates in fiscal year 2015 and combined Euro denominated notional amounts of €238.2 million outstanding as of December 28, 2014, designated as economic hedges, that were intended to hedge movements in foreign exchange rates prior to settlement of certain intercompany loan agreements. During fiscal year 2015, the Company settled several of these forward exchange contracts. During fiscal year 2015, the Company also entered into new forward foreign exchange contracts that settled in fiscal year 2015 or will settle in fiscal year 2016. The combined Euro denominated notional amounts of these outstanding hedges was €107.4 million and €238.2 million as of January 3, 2016 and December 28, 2014, respectively. The net gains and losses on these derivatives, combined with the gains and losses on the remeasurement of the hedged intercompany loans, were not material for fiscal years 2015 and 2014. During fiscal year 2015, the Company received $18.7 million as a result of the settlement of these hedges.

In May 2008, the Company settled forward interest rate contracts with notional amounts totaling $150.0 million upon the issuance of its 2015 Notes, and recognized $8.4 million, net of taxes of $5.4 million, of accumulated derivative losses in other comprehensive (loss) income. During fiscal year 2013, the Company amortized a pre-tax loss of $2.0 million into interest and other expense, net. In addition, during fiscal year 2013, the Company redeemed all of its 2015 Notes and recognized a pre-tax loss of $2.8 million for the remaining unamortized derivative losses into interest and other expense, net.

The Company does not expect any material net pre-tax gains or losses to be reclassified from accumulated other comprehensive (loss) income into interest and other expense, net within the next twelve months.

Note 21: Fair Value Measurements

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash equivalents, derivatives, marketable securities and accounts receivable. The Company believes it had no significant concentrations of credit risk as of January 3, 2016.

The Company uses the market approach technique to value its financial instruments and there were no changes in valuation techniques during fiscal years 2015 and 2014. The Company’s financial assets and liabilities carried at fair value are primarily comprised of marketable securities, derivative contracts used to hedge the Company’s currency risk, and acquisition related contingent consideration. The Company has not elected to measure any additional financial instruments or other items at fair value.

Valuation Hierarchy: The following summarizes the three levels of inputs required to measure fair value. For Level 1 inputs, the Company utilizes quoted market prices as these instruments have active markets. For Level 2 inputs, the Company utilizes quoted market prices in markets that are not active, broker or dealer quotations, or utilizes alternative pricing sources with reasonable levels of price transparency. For Level 3 inputs, the Company utilizes unobservable inputs based on the best information available, including estimates by management primarily based on information provided by third-party fund managers, independent brokerage firms and insurance companies. A financial asset’s or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible.

The following tables show the assets and liabilities carried at fair value measured on a recurring basis as of January 3, 2016 and December 28, 2014 classified in one of the three classifications described above:

				Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016			Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(In thousands)
Marketable securities	$	1,586		$	1,586	$	—		$	—
Foreign exchange derivative assets	2,659			—		2,659			—
Foreign exchange derivative liabilities	(442		)	—		(442		)	—
Contingent consideration	(57,350		)	—		—			(57,350		)

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

				Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014			Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(In thousands)
Marketable securities	$	1,568		$	1,568	$	—		$	—
Foreign exchange derivative assets	3,205			—		3,205			—
Foreign exchange derivative liabilities, net	(302		)	—		(302		)	—
Contingent consideration	(91		)	—		—			(91		)

Level 1 and Level 2 Valuation Techniques:  The Company’s Level 1 and Level 2 assets and liabilities are comprised of investments in equity and fixed-income securities as well as derivative contracts. For financial assets and liabilities that utilize Level 1 and Level 2 inputs, the Company utilizes both direct and indirect observable price quotes, including common stock price quotes, foreign exchange forward prices and bank price quotes. Below is a summary of valuation techniques for Level 1 and Level 2 financial assets and liabilities.

Marketable securities:    Include equity and fixed-income securities measured at fair value using the quoted market prices in active markets at the reporting date.

Foreign exchange derivative assets and liabilities:    Include foreign exchange derivative contracts that are valued using quoted forward foreign exchange prices at the reporting date. The Company’s foreign exchange derivative contracts are subject to master netting arrangements that allow the Company and its counterparties to net settle amounts owed to each other. Derivative assets and liabilities that can be net settled under these arrangements have been presented in the Company's consolidated balance sheet on a net basis and are recorded in other assets. As of both January 3, 2016 and December 28, 2014, none of the master netting arrangements involved collateral.

Level 3 Valuation Techniques:  The Company’s Level 3 liabilities are comprised of contingent consideration related to acquisitions. For liabilities that utilize Level 3 inputs, the Company uses significant unobservable inputs. Below is a summary of valuation techniques for Level 3 liabilities.

Contingent consideration:    Contingent consideration is measured at fair value at the acquisition date using projected milestone dates, discount rates, probabilities of success and projected revenues (for revenue-based considerations). Projected risk-adjusted contingent payments are discounted back to the current period using a discounted cash flow model.

During fiscal year 2015, the Company acquired certain assets and assumed certain liabilities from Vanadis. Under the terms of the acquisition, the initial purchase consideration was $32.0 million, net of cash and the Company will be obligated to make potential future milestone payments, based on completion of a proof of concept, regulatory approvals and product sales, of up to $93.0 million ranging from 2016 to 2019. The key assumptions used to determine the fair value of the contingent consideration included projected milestone dates of 2016 to 2019, discount rates ranging from 3.1% to 11.3%, conditional probabilities of success of each individual milestone ranging from 85% to 95% and cumulative probabilities of success for each individual milestone ranging from 53% to 90%. The fair value of the contingent consideration as of the acquisition date was estimated at $56.9 million. A significant delay in the product development (including projected regulatory milestone) achievement date in isolation could result in a significantly lower fair value measurement; a significant acceleration in the product development (including projected regulatory milestone) achievement date in isolation would not have a material impact on the fair value measurement; a significant change in the discount rate in isolation would not have a material impact on the fair value measurement; and a significant change in the probabilities of success in isolation could result in a significant change in fair value measurement.

The fair values of contingent consideration are calculated on a quarterly basis based on a collaborative effort of the Company’s regulatory, research and development, operations, finance and accounting groups, as appropriate. Potential valuation adjustments are made as additional information becomes available, including the progress towards achieving proof of concept, regulatory approvals and revenue targets as compared to initial projections, the impact of market competition and market landscape shifts from non-invasive prenatal testing products, with the impact of such adjustments being recorded in the consolidated statements of operations.

As of January 3, 2016, the Company may have to pay contingent consideration, related to acquisitions with open contingency periods, of up to $95.4 million. The expected maximum earnout period for acquisitions with open contingency periods does not exceed 6 years from the respective acquisition dates, and the remaining weighted average expected earnout period at January 3, 2016 was 2 years.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

A reconciliation of the beginning and ending Level 3 net liabilities for contingent consideration is as follows:

	(In thousands)
Balance at December 30, 2012	$	(3,017	)
Additions	(1,100		)
Amounts paid and foreign currency translation	135
Change in fair value (included within selling, general and administrative expenses)	(944		)
Balance at December 29, 2013	(4,926		)
Additions	—
Amounts paid and foreign currency translation	2,074
Change in fair value (included within selling, general and administrative expenses)	2,761
Balance at December 28, 2014	(91		)
Additions	(57,353		)
Amounts paid and foreign currency translation	113
Change in fair value (included within selling, general and administrative expenses)	(19		)
Balance at January 3, 2016	$	(57,350	)

The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximate fair value due to the short-term maturities of these assets and liabilities. If measured at fair value, cash and cash equivalents would be classified as Level 1.

As of January 3, 2016, the Company’s senior unsecured revolving credit facility, which provides for $700.0 million of revolving loans, had borrowings outstanding of $482.0 million, which excluded $2.4 million unamortized debt issuance costs and letters of credit. As of December 28, 2014, the senior unsecured revolving credit facility had $516.0 million of borrowings outstanding, which excluded $3.2 million unamortized debt issuance costs and letters of credit. The interest rate on the Company’s senior unsecured revolving credit facility is reset at least monthly to correspond to variable rates that reflect currently available terms and conditions for similar debt. The Company had no change in credit standing during fiscal year 2015. Consequently, the borrowing value of the current year and prior year credit facilities approximate fair value and would be classified as Level 2.

The Company's 2021 Notes, with a face value of $500.0 million, had an aggregate carrying value of $495.1 million, net of $2.0 million of unamortized original issue discount and $2.9 million of unamortized debt issuance costs as of January 3, 2016. The 2021 Notes had an aggregate carrying value of $494.4 million, net of $2.3 million of unamortized original issue discount and $3.3 million of unamortized debt issuance costs as of December 28, 2014. The 2021 Notes had a fair value of $518.9 million and $542.7 million as of January 3, 2016 and December 28, 2014, respectively. The fair value of the 2021 Notes is estimated using market quotes from brokers and is based on current rates offered for similar debt.

The Company's financing lease obligations had an aggregate carrying value of $38.2 million and $39.3 million as of January 3, 2016 and December 28, 2014, respectively. The carrying values of the Company's financing lease obligations approximated their fair value as there has been minimal change in the Company's incremental borrowing rate.

As of January 3, 2016, the 2021 Notes and financing lease obligations were classified as Level 2.

As of January 3, 2016, there has not been any significant impact to the fair value of the Company’s derivative liabilities due to credit risk. Similarly, there has not been any significant adverse impact to the Company’s derivative assets based on the evaluation of its counterparties’ credit risks.

Note 22: Leases

The Company leases certain property and equipment under operating leases. Rental expense charged to continuing operations for fiscal years 2015, 2014 and 2013 amounted to $54.4 million, $54.8 million, and $52.6 million, respectively. Minimum rental commitments under noncancelable operating leases are as follows: $51.0 million in fiscal year 2016, $34.1 million in fiscal year 2017, $25.9 million in fiscal year 2018, $20.2 million in fiscal year 2019, $16.4 million in fiscal year 2020 and $48.7 million in fiscal year 2021 and thereafter.

On August 22, 2013, the Company sold one of its facilities located in Boston, Massachusetts for net proceeds of $47.6 million. Simultaneously with the closing of the sale of the property, the Company entered into a lease agreement to lease back

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the property for its continued use. The lease has an initial term of 15 years and the Company has the right to extend the term of the lease for two additional periods of ten years each. The lease is accounted for as an operating lease and at the transaction date the Company had deferred $26.5 million of gains which are being amortized in operating expenses over the initial lease term of 15 years. During fiscal years 2015, 2014 and 2013, the Company amortized $1.8 million, $1.8 million and $0.6 million, respectively, of deferred gains related to the lease. The deferred gains remaining to be amortized were $22.3 million at January 3, 2016, of which $1.8 million was recorded in accrued expenses and other current liabilities, and $20.5 million was recorded in long-term liabilities. The deferred gains remaining to be amortized were $24.1 million at December 28, 2014, of which $1.8 million was recorded in accrued expenses and other current liabilities, and $22.3 million was recorded in long-term liabilities.

Note 23: Industry Segment and Geographic Area Information

The Company discloses information about its operating segments based on the way that management organizes the segments within the Company for making operating decisions and assessing financial performance. The Company evaluates the performance of its operating segments based on revenue and operating income. Intersegment revenue and transfers are not significant. The Company’s management reviews the results of the Company’s operations by the Human Health and Environmental Health operating segments. The accounting policies of the operating segments are the same as those described in Note 1.

The Company realigned its organization at the beginning of fiscal year 2015 to enable the Company to both deliver complete solutions targeted towards certain end markets and develop value-added applications and solutions to foster further expansion of those markets. OneSource, the Company's multivendor laboratory service business that serves the life sciences end market, was moved from the Environmental Health segment into the Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of the Company's operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to the Company's operating segments.

The principal products and services of the Company's two operating segments are:

• Human Health.    Develops diagnostics, tools and applications to help detect diseases earlier and more accurately and to accelerate the discovery and development of critical new therapies. The Human Health segment serves both the diagnostics and research markets.

• Environmental Health.    Provides products, services and solutions to facilitate the creation of safer food and consumer products, more secure surroundings and efficient energy resources. The Environmental Health segment serves the environmental, industrial and laboratory services markets.

The Company has included the expenses for its corporate headquarters, such as legal, tax, audit, human resources, information technology, and other management and compliance costs, as well as the activity related to the mark-to-market adjustment on postretirement benefit plans, as “Corporate” below. The Company has a process to allocate and recharge expenses to the reportable segments when these costs are administered or paid by the corporate headquarters based on the extent to which the segment benefited from the expenses. These amounts have been calculated in a consistent manner and are included in the Company’s calculations of segment results to internally plan and assess the performance of each segment for all purposes, including determining the compensation of the business leaders for each of the Company’s operating segments.

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Revenue and operating income (loss) from continuing operations by operating segment are shown in the table below for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Human Health
Product revenue	$	976,451		$	996,767		$	957,022
Service revenue	400,193			387,456			368,872
Total revenue	1,376,644			1,384,223			1,325,894
Operating income from continuing operations(1)	251,743			233,689			168,794
Environmental Health
Product revenue	576,187			543,308			541,048
Service revenue	309,528			309,688			290,644
Total revenue	885,715			852,996			831,692
Operating income from continuing operations	89,544			95,605			84,710
Corporate
Operating loss from continuing operations(2)(3)	(55,153		)	(118,552		)	(25,710		)
Continuing Operations
Product revenue	$	1,552,638		$	1,540,075		$	1,498,070
Service revenue	709,721			697,144			659,516
Total revenue	2,262,359			2,237,219			2,157,586
Operating income from continuing operations	286,134			210,742			227,794
Interest and other expense, net (see Note 5)	42,119			41,139			64,110
Income from continuing operations before income taxes	$	244,015		$	169,603		$	163,684

____________________________

⁽¹⁾  Legal costs for a particular case in the Human Health segment were $0.8 million for fiscal year 2015. The Company also recognized a $0.2 million pre-tax impairment charge in the Human Health segment in fiscal year 2013. Both of these items have been included in operating income from continuing operations in the Human Health segment.

⁽²⁾  Activity related to the mark-to-market adjustment on postretirement benefit plans has been included in the Corporate operating loss from continuing operations, and in the aggregate constituted a pre-tax loss of $12.4 million in fiscal year 2015, a pre-tax loss of $75.9 million in fiscal year 2014, and pre-tax income of $17.6 million in fiscal year 2013.

⁽³⁾  Includes expenses related to litigation with Enzo Biochem, Inc. and Enzo Life Sciences, Inc. (collectively, “Enzo”). Enzo filed a complaint in 2002 that alleged that the Company separately and together with other defendants breached distributorship and settlement agreements with Enzo, infringed Enzo's patents, engaged in unfair competition and fraud, and committed torts against Enzo by, among other things, engaging in commercial development and exploitation of Enzo's patented products and technology. The Company entered into a settlement agreement with Enzo dated June 20, 2014 and during fiscal year 2014 paid $7.0 million into a designated escrow account to resolve this matter, of which $3.7 million had been accrued in previous years and $3.3 million was recorded during fiscal year 2014. In addition, $3.4 million of expenses were incurred and recorded in preparation for the trial during fiscal year 2014.

Additional information relating to the Company’s reporting segments is as follows for the three fiscal years ended January 3, 2016:

	Depreciation and Amortization Expense						Capital Expenditures
	January 3, 2016		December 28, 2014		December 29, 2013		January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)						(In thousands)
Human Health	$	81,335	$	92,604	$	100,941	$	16,091	$	16,922	$	22,999
Environmental Health	29,213		22,101		23,556		10,352		10,428		14,433
Corporate	1,459		2,031		2,382		3,189		1,722		1,549
Continuing operations	112,007		116,736		126,879		29,632		29,072		38,981
Discontinued operations	$	—	$	339	$	1,590	$	—	$	213	$	10

100

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

	Total Assets
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
Human Health	$	2,778,835	$	2,737,824	$	2,724,254
Environmental Health	1,358,963		1,361,270		1,182,356
Corporate	28,497		28,482		28,441
Net current and long-term assets of discontinued operations	—		—		5,831
Total assets	$	4,166,295	$	4,127,576	$	3,940,882

The following geographic area information for continuing operations includes revenue based on location of external customers for the three fiscal years ended January 3, 2016 and net long-lived assets based on physical location as of January 3, 2016 and December 28, 2014:

	Revenue
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
U.S.	$	916,314	$	849,356	$	826,991
International:
China	312,915		276,230		254,838
United Kingdom	112,763		134,614		133,611
Germany	105,421		107,081		99,153
Italy	74,744		85,433		78,120
France	74,651		84,946		81,719
Japan	72,624		93,811		95,676
Other international	592,927		605,748		587,478
Total international	1,346,045		1,387,863		1,330,595
Total sales	$	2,262,359	$	2,237,219	$	2,157,586

	Net Long-Lived Assets
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
U.S.	$	192,681	$	192,176	$	208,891
International:
China	34,494		36,797		30,682
United Kingdom	14,751		13,033		9,882
Finland	12,203		12,758		13,635
Singapore	7,679		7,041		6,812
Netherlands	3,835		3,614		4,037
Italy	2,958		4,107		2,735
Germany	2,171		2,493		2,591
Other international	10,598		12,664		11,045
Total international	88,689		92,507		81,419
Total net long-lived assets	$	281,370	$	284,683	$	290,310

101

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

Note 24: Quarterly Financial Information (Unaudited)

Selected quarterly financial information is as follows for the fiscal years ended:

	First Quarter		Second Quarter		Third Quarter			Fourth Quarter(1)			Year
	(In thousands, except per share data)
January 3, 2016
Revenue	$	526,901	$	563,906	$	563,436		$	608,116		$	2,262,359
Gross profit	235,374		252,512		254,603			282,011			1,024,500
Restructuring and contract termination charges, net	—		4,956		(118		)	8,752			13,590
Operating income from continuing operations	57,381		68,131		75,898			84,724			286,134
Income from continuing operations before income taxes	47,960		57,288		63,954			74,813			244,015
Income from continuing operations	40,311		48,996		54,897			68,484			212,688
Net income	40,334		48,974		54,863			68,254			212,425
Basic earnings per share:
Income from continuing operations	$	0.36	$	0.43	$	0.49		$	0.61		$	1.89
Net income	0.36		0.43		0.49			0.61			1.89
Diluted earnings per share:
Income from continuing operations	$	0.36	$	0.43	$	0.48		$	0.61		$	1.88
Net income	0.36		0.43		0.48			0.61			1.87
Cash dividends declared per common share	0.07		0.07		0.07			0.07			0.28
December 28, 2014
Revenue	$	530,610	$	556,170	$	542,049		$	608,390		$	2,237,219
Gross profit	235,713		247,984		243,309			277,602			1,004,608
Restructuring and contract termination charges, net	2,135		742		11,092			(579		)	13,390
Operating income from continuing operations	51,762		69,637		58,776			30,567			210,742
Income from continuing operations before income taxes	40,473		60,673		47,810			20,647			169,603
Income from continuing operations	34,951		52,003		42,898			31,314			161,166
Net income	34,224		50,490		42,277			30,787			157,778
Basic earnings per share:
Income from continuing operations	$	0.31	$	0.46	$	0.38		$	0.28		$	1.43
Net income	0.30		0.45		0.38			0.27			1.40
Diluted earnings per share:
Income continuing operations	$	0.31	$	0.46	$	0.38		$	0.28		$	1.42
Net income	0.30		0.44		0.37			0.27			1.39
Cash dividends declared per common share	0.07		0.07		0.07			0.07			0.28

____________________________

⁽¹⁾ The fourth quarter of fiscal year 2015 includes a pre-tax loss of $12.4 million as a result of the mark-to-market adjustment on postretirement benefit plans. The fourth quarter of fiscal year 2014 includes a pre-tax loss of $75.9 million as a result of the mark-to-market adjustment on postretirement benefit plans. See Note 1 for a discussion of this accounting policy.

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

Not applicable.

102

Item 9A. Controls and Procedures

Conclusion Regarding the Effectiveness of Disclosure Controls and Procedures

Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures as of January 3, 2016. The term “disclosure controls and procedures” as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), means controls and other procedures of a company that are designed to provide reasonable assurance that information required to be disclosed by the company in the reports that it files or submits under the Exchange Act is recorded, processed, summarized and reported, within the time periods specified in the Securities and Exchange Commission’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed by a company in the reports that it files or submits under the Exchange Act is accumulated and communicated to the company’s management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure. Management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving their objectives, and management necessarily applies its judgment in evaluating the cost-benefit relationship of possible controls and procedures. Based on the evaluation of our disclosure controls and procedures as of January 3, 2016, our Chief Executive Officer and Chief Financial Officer concluded that, as of such date, our disclosure controls and procedures were effective at the reasonable assurance level.

Management’s Report on Internal Control Over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Exchange Act as a process designed by, or under the supervision of, the company’s principal executive and principal financial officers and effected by the company’s board of directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles, and includes those policies and procedures that:

• Pertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the company;

• Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and

• Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

Our management assessed the effectiveness of our internal control over financial reporting as of January 3, 2016. In making this assessment, our management used the criteria set forth by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in the 2013 Internal Control-Integrated Framework.

Based on this assessment, our management concluded that, as of January 3, 2016, our internal control over financial reporting was effective based on those criteria.

Our registered public accounting firm has issued an attestation report on our internal control over financial reporting. This report appears below.

103

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of PerkinElmer, Inc.

Waltham, Massachusetts

We have audited the internal control over financial reporting of PerkinElmer, Inc. and subsidiaries (the “Company”) as of January 3, 2016, based on criteria established in Internal Control—Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission. The Company’s management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Management’s Report on Internal Control Over Financial Reporting. Our responsibility is to express an opinion on the Company’s internal control over financial reporting based on our audit.

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.

A company’s internal control over financial reporting is a process designed by, or under the supervision of, the company’s principal executive and principal financial officers, or persons performing similar functions, and effected by the company’s board of directors, management, and other personnel to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

Because of the inherent limitations of internal control over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may not be prevented or detected on a timely basis. Also, projections of any evaluation of the effectiveness of the internal control over financial reporting to future periods are subject to the risk that the controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

In our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of January 3, 2016, based on the criteria established in Internal Control—Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated financial statements and financial statement schedule as of and for the year ended January 3, 2016 of the Company and our report dated March 1, 2016 expressed an unqualified opinion on those financial statements and financial statement schedule and included an explanatory paragraph regarding the Company's adoption of the Financial Accounting Standards Board Accounting Standards Update 2015-17, Balance Sheet Classification of Deferred Taxes during the year ended January 3, 2016.

/s/ DELOITTE & TOUCHE LLP

Boston, Massachusetts

March 1, 2016

104

Changes in Internal Control Over Financial Reporting

No change in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) occurred during the fiscal quarter ended January 3, 2016 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Item 9B. Other Information

Not applicable.

105

PART III

Item 10. Directors, Executive Officers and Corporate Governance

The information required to be disclosed by this Item pursuant to Item 401 of Regulation S-K with respect to our executive officers is contained in Part I of this annual report on Form 10-K under the caption, “Executive Officers of the Registrant.” The remaining information required to be disclosed by the Item pursuant to Item 401 and Item 407 of Regulation S-K is contained in the proxy statement for our annual meeting of stockholders to be held on April 26, 2016 under the captions “Proposal No. 1 Election of Directors” and “Information Relating to Our Board of Directors and Its Committees” and is incorporated in this annual report on Form 10-K by reference.

The information required to be disclosed by this Item pursuant to Item 405 of Regulation S-K is contained in the proxy statement for our annual meeting of stockholders to be held on April 26, 2016 under the caption “Section 16(a) Beneficial Ownership Reporting Compliance,” and is incorporated in this annual report on Form 10-K by reference.

We have adopted a code of ethics, our Standards of Business Conduct, that applies to our principal executive officer, principal financial officer, principal accounting officer or controller, and persons performing similar functions. Our Standards of Business Conduct, as well as our corporate governance guidelines and the charters for the audit, compensation and benefits, nominating and corporate governance, executive and finance committees of our Board of Directors, are each accessible under the “Corporate Governance” heading of the “Investors” section of our website, http://www.perkinelmer.com. This information is also available in print to any stockholder who requests it, by writing to PerkinElmer, Inc., 940 Winter Street, Waltham, Massachusetts 02451, Attention: Investor Relations. We also intend to disclose in the same location on our website, any amendments to, or waivers from, our Standards of Business Conduct that are required to be disclosed pursuant to the disclosure requirements of Item 5.05 of Form 8-K.

Item 11. Executive Compensation

The information required to be disclosed by this Item pursuant to Item 402 and Item 407(e) of Regulation S-K is contained in the proxy statement for our annual meeting of stockholders to be held on April 26, 2016 under the captions “Information Relating to Our Board of Directors and Its Committees—Director Compensation,” “Information Relating to Our Board of Directors and Its Committees—Compensation Committee Interlocks and Insider Participation,” and “Executive Compensation,” and is incorporated in this annual report on Form 10-K by reference.

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

The information required to be disclosed by this Item pursuant to Item 403 of Regulation S-K is contained in the proxy statement for our annual meeting of stockholders to be held on April 26, 2016 under the caption “Beneficial Ownership of Common Stock,” and is incorporated in this annual report on Form 10-K by reference.

The information required to be disclosed by this Item pursuant to Item 201(d) of Regulation S-K is contained in the proxy statement for our annual meeting of stockholders to be held on April 26, 2016 under the caption “Executive Compensation—Equity Compensation Plan Information,” and is incorporated in this annual report on Form 10-K by reference.

Item 13. Certain Relationships and Related Transactions, and Director Independence

The information required to be disclosed by this Item pursuant to Item 404 of Regulation S-K is contained in the proxy statement for our annual meeting of stockholders to be held on April 26, 2016 under the caption “Information Relating to Our Board of Directors and Its Committees—Certain Relationships and Policies on Related Party Transactions,” and is incorporated in this annual report on Form 10-K by reference.

The information required to be disclosed by this Item pursuant to Item 407(a) of Regulation S-K is contained in the proxy statement for our annual meeting of stockholders to be held on April 26, 2016 under the caption “Information Relating to Our Board of Directors and Its Committees—Determination of Independence,” and is incorporated in this annual report on Form 10-K by reference.

106

Item 14. Principal Accountant Fees and Services

The information required to be disclosed by this Item pursuant to Item 9(e) of Schedule 14A is contained in the proxy statement for our annual meeting of stockholders to be held on April 26, 2016 under the caption “Information Relating to Our Board of Directors and Its Committees—Independent Registered Public Accounting Firm Fees and Other Matters”, and is incorporated in this annual report on Form 10-K by reference.

107

PART IV

Item 15. Exhibits and Financial Statement Schedules

(a) DOCUMENTS FILED AS PART OF THIS REPORT:

1. FINANCIAL STATEMENTS

Included in Part II, Item 8:

Report of Independent Registered Public Accounting Firm

Consolidated Statements of Operations for Each of the Three Fiscal Years in the Period Ended January 3, 2016

Consolidated Statements of Comprehensive Income for Each of the Three Fiscal Years in the Period Ended January 3, 2016

Consolidated Balance Sheets as of January 3, 2016 and December 28, 2014

Consolidated Statements of Stockholders’ Equity for Each of the Three Fiscal Years in the Period Ended January 3, 2016

Consolidated Statements of Cash Flows for Each of the Three Fiscal Years in the Period Ended January 3, 2016

Notes to Consolidated Financial Statements

2. FINANCIAL STATEMENT SCHEDULE

Schedule II—Valuation and Qualifying Accounts

We have omitted financial statement schedules, other than those we note above, because of the absence of conditions under which they are required, or because the required information is given in the financial statements or notes thereto.

3. EXHIBITS

Exhibit No.	Exhibit Title
2.1(1)	Share Purchase Agreement, dated November 21, 2014, by and among Valedo Partners Fund I AB, the Other Sellers party thereto and PerkinElmer Holding Luxembourg S.à.r.l., filed with the Commission on November 28, 2014 as Exhibit 2.1 to our current report on Form 8-K and herein incorporated by reference.
3.1	PerkinElmer, Inc.'s Restated Articles of Organization, filed with the Commission on May 11, 2007 as Exhibit 3.1 to our quarterly report on Form 10-Q and herein incorporated by reference.
3.2	PerkinElmer, Inc.'s Amended and Restated By-Laws, filed with the Commission on April 28, 2009 as Exhibit 3.1 to our current report on Form 8-K and herein incorporated by reference.
4.1	Specimen Certificate of PerkinElmer, Inc.'s Common Stock, $1 par value, filed with the Commission on August 15, 2001 as Exhibit 4.1 to our quarterly report on Form 10-Q and herein incorporated by reference.
4.2	Indenture dated as of October 25, 2011 between PerkinElmer, Inc. and U.S. Bank National Association, filed with the Commission on October 27, 2011 as Exhibit 99.1 to our current report on Form 8-K and herein incorporated by reference.
4.3	Supplemental Indenture dated as of October 25, 2011 between PerkinElmer, Inc. and U.S. Bank National Association, filed with the Commission on October 27, 2011 as Exhibit 99.2 to our current report on Form 8-K and herein incorporated by reference.
4.4	Second Supplemental Indenture dated as of December 22, 2011 between PerkinElmer, Inc. and U.S. Bank National Association, filed with the Commission on February 28, 2012 as Exhibit 4.4 to our annual report on Form 10-K and herein incorporated by reference.

108

Exhibit No.	Exhibit Title
10.1	Credit Agreement, dated as of January 8, 2014, among PerkinElmer, Inc., Wallac Oy and PerkinElmer Health Sciences, Inc. as Borrowers, JPMorgan Chase Bank N.A. as Administrative Agent, Bank of America, N.A. and Barclays Bank PLC as Co-Syndication Agents, The Royal Bank of Scotland PLC, Citibank, N.A. and HSBC Bank USA, National Association as Co-Documentation Agents, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Barclays Bank PLC as Joint Bookrunners and Joint Lead Arrangers, and the other Lenders Party hereto, filed with the Commission on January 10, 2014 as Exhibit 10.1 to our current report on Form 8-K and herein incorporated by reference.
10.2*	Employment Contracts:
	(1) Third Amended and Restated Employment Agreement between PerkinElmer, Inc. and Robert F. Friel, dated as of December 16, 2008, filed with the Commission on February 26, 2009 as Exhibit 10.4(2) to our annual report on Form 10-K and herein incorporated by reference;
	(2) Employment Agreement by and between Joel S. Goldberg and PerkinElmer, Inc. dated as of July 21, 2008, filed with the Commission on August 8, 2008 as Exhibit 10.1 to our quarterly report on Form 10-Q and herein incorporated by reference;
	(3) Employment Agreement by and between Frank Anders Wilson and PerkinElmer, Inc. dated as of April 28, 2009, filed with the Commission on April 30, 2009 as Exhibit 10.1 to our current report on Form 8-K and herein incorporated by reference;
	(4) Form of Amendment, entered into by and between PerkinElmer, Inc. and each of the following executive officers on the dates indicated below, filed with the Commission on March 1, 2011 as Exhibit 10.4(7) to our annual report on Form 10-K and herein incorporated by reference:
	Executive Officer	Date
	Joel S. Goldberg Frank Anders Wilson	December 3, 2010 December 21, 2010
	(5) Employment Agreement between James Corbett and PerkinElmer, Inc. dated as of February 1, 2012, filed with the Commission on May 8, 2012 as Exhibit 10.1 to our quarterly report on Form 10-Q and herein incorporated by reference.
	(6) Employment Agreement between Jonathan DiVincenzo and PerkinElmer, Inc. dated as of December 2, 2013, filed with the Commission on February 25, 2014 as Exhibit 10.2(9) to our annual report on Form 10-K and herein incorporated by reference.
	(7) Amended and Restated Employment Agreement between Andrew Okun and PerkinElmer, Inc. dated as of January 1, 2014, filed with the Commission on February 25, 2014 as Exhibit 10.2(10) to our annual report on Form 10-K and herein incorporated by reference.
	(8) Employment Agreement between Daniel R. Tereau and PerkinElmer, Inc. dated as of February 1, 2016, attached hereto as Exhibit 10.2(8).
10.3*	PerkinElmer, Inc.'s 2009 Incentive Plan, filed with the Commission on March 12, 2014 as Appendix A to our definitive proxy statement on Schedule 14A and herein incorporated by reference.
10.4*	PerkinElmer, Inc.'s 2008 Deferred Compensation Plan, filed with the Commission on December 12, 2008 as Exhibit 10.1 to our current report on Form 8-K and herein incorporated by reference.
10.5*	First Amendment to PerkinElmer, Inc.'s 2008 Deferred Compensation Plan, filed with the Commission on March 1, 2011 as Exhibit 10.9 to our annual report on Form 10-K and herein incorporated by reference.
10.6*	PerkinElmer, Inc.'s 2008 Supplemental Executive Retirement Plan, filed with the Commission on December 12, 2008 as Exhibit 10.2 to our current report on Form 8-K and herein incorporated by reference.
10.7*	PerkinElmer, Inc.'s Performance Unit Program Description, filed with the Commission on February 6, 2009 as Exhibit 10.10 to our annual report on Form 10-K and herein incorporated by reference.
10.8*	PerkinElmer, Inc. 1998 Employee Stock Purchase Plan as Amended and Restated on December 10, 2009, filed with the Commission on March 1, 2010 as Exhibit 10.15 to our annual report on Form 10-K and herein incorporated by reference.
10.9*	Form of Stock Option Agreement given by PerkinElmer, Inc. to its chief executive officer for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.2 to our current report on Form 8-K and herein incorporated by reference.

109

Exhibit No.	Exhibit Title
10.10*	Form of Stock Option Agreement given by PerkinElmer, Inc. to its executive officers for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.3 to our current report on Form 8-K and herein incorporated by reference.
10.11*	Form of Stock Option Agreement given by PerkinElmer, Inc. to its non-employee directors for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.4 to our current report on Form 8-K and herein incorporated by reference.
10.12*	Form of Restricted Stock Agreement with time-based vesting for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.5 to our current report on Form 8-K and herein incorporated by reference.
10.13*	Form of Restricted Stock Agreement with performance-based vesting for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.6 to our current report on Form 8-K and herein incorporated by reference.
10.14*	Form of Restricted Stock Unit Agreement with time-based vesting for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.7 to our current report on Form 8-K and herein incorporated by reference.
10.15*	Form of Restricted Stock Unit Agreement with performance-based vesting for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.8 to our current report on Form 8-K and herein incorporated by reference.
10.16*	Form of Restricted Stock Agreement with time-based vesting for use under the 2009 Incentive Plan, filed with the Commission on May 10, 2011 as Exhibit 10.2 to our quarterly report on Form 10-Q and herein incorporated by reference.
10.17*	Form of Stock Option Agreement for use under the 2009 Incentive Plan, filed with the Commission on May 10, 2011 as Exhibit 10.3 to our quarterly report on Form 10-Q and herein incorporated by reference.
10.18*	Form of Restricted Stock Unit Agreement given by PerkinElmer, Inc. to its non-employee directors for use under the 2009 Incentive Plan, filed with the Commission on February 24, 2015 as Exhibit 10.25 to our annual report on Form 10-K and herein incorporated by reference.
10.19*	PerkinElmer, Inc. Savings Plan Amended and Restated effective January 1, 2012, filed with the Commission on February 26, 2013 as Exhibit 10.36 to our annual report on Form 10-K and herein incorporated by reference.
10.20*	PerkinElmer, Inc. Employees Retirement Plan Amended and Restated effective January 1, 2012, filed with the Commission on February 26, 2013 as Exhibit 10.37 to our annual report on Form 10-K and herein incorporated by reference.
10.21*	PerkinElmer, Inc.'s Amended and Restated Performance Incentive Plan (Executive Officers), filed with the Commission on February 25, 2014 as Exhibit 10.37 to our annual report on Form 10-K and herein incorporated by reference.
12.1	Statement regarding computation of ratio of earnings to fixed charges, attached hereto as Exhibit 12.1.
21	Subsidiaries of PerkinElmer, Inc., attached hereto as Exhibit 21.
23	Consent of Independent Registered Public Accounting Firm, attached hereto as Exhibit 23.
31.1	Certification of Chief Executive Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, attached hereto as Exhibit 31.1.
31.2	Certification of Chief Financial Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, attached hereto as Exhibit 31.2.
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, attached hereto as Exhibit 32.1.
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension Schema Document.
101.CAL	XBRL Calculation Linkbase Document.
101.DEF	XBRL Definition Linkbase Document.
101.LAB	XBRL Labels Linkbase Document.

110

Exhibit No.	Exhibit Title
101.PRE	XBRL Presentation Linkbase Document.

____________________________

⁽¹⁾  The exhibits and schedules to this agreement have been omitted from this filing pursuant to Item 601(b)(2) of Regulation S-K. The registrant agrees to furnish copies of any of such exhibits or schedules to the SEC upon request.

* Management contract or compensation plan or arrangement required to be filed as an exhibit pursuant to Item 15(b) of Form 10-K.

Attached as Exhibit 101 to this report are the following formatted in XBRL (Extensible Business Reporting Language):

(i) Consolidated Statements of Operations for each of the three years in the period ended January 3, 2016, (ii) Consolidated Balance Sheets as of January 3, 2016 and December 28, 2014, (iii) Consolidated Statements of Comprehensive Income for each of the three years in the period ended January 3, 2016, (iv) Consolidated Statements of Stockholders' Equity for each of the three years in the period ended January 3, 2016, (v) Consolidated Statements of Cash Flows for each of the three years in the period ended January 3, 2016, (vi) Notes to Consolidated Financial Statements, and (vii) Financial Schedule of Valuation and Qualifying Accounts.

111

SCHEDULE II

PERKINELMER, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

For the Three Years Ended January 3, 2016

Description	Balance at Beginning of Year		Provisions		Charges/ Write- offs			Other(1)			Balance at End of Year
	(In thousands)
Reserve for doubtful accounts:
Year ended December 29, 2013	$	22,718	$	9,427	$	(3,923	)	$	34		$	28,256
Year ended December 28, 2014	28,256		9,400		(4,058		)	(726		)	32,872
Year ended January 3, 2016	$	32,872	$	3,595	$	(5,687	)	$	(882	)	$	29,898

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⁽¹⁾  Other amounts primarily relate to the impact of acquisitions and foreign exchange movements.

112

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Signature	PERKINELMER, INC. Title	Date
By:	/S/     ROBERT F. FRIEL	Chairman, Chief Executive Officer	March 1, 2016
	Robert F. Friel	and President (Principal Executive Officer)
By:	/S/     FRANK A. WILSON	Sr. Vice President and	March 1, 2016
	Frank A. Wilson	Chief Financial Officer (Principal Financial Officer)
By:	/S/     ANDREW OKUN	Vice President and	March 1, 2016
	Andrew Okun	Chief Accounting Officer (Principal Accounting Officer)

113

POWER OF ATTORNEY AND SIGNATURES

We, the undersigned officers and directors of PerkinElmer, Inc., hereby severally constitute Robert F. Friel and Frank A. Wilson, and each of them singly, our true and lawful attorneys with full power to them, and each of them singly, to sign for us and in our names, in the capacities indicated below, this Annual Report on Form 10-K and any and all amendments to said Annual Report on Form 10-K, and generally to do all such things in our name and behalf in our capacities as officers and directors to enable PerkinElmer, Inc. to comply with the provisions of the Securities Exchange Act of 1934, and all requirements of the Securities and Exchange Commission, hereby rectifying and confirming signed by our said attorneys, and any and all amendments thereto.

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated:

	Signature	Title	Date
By:	/S/     ROBERT F. FRIEL	Chairman, Chief Executive Officer	March 1, 2016
	Robert F. Friel	and President (Principal Executive Officer)
By:	/S/     FRANK A. WILSON	Sr. Vice President and	March 1, 2016
	Frank A. Wilson	Chief Financial Officer (Principal Financial Officer)
By:	/S/     ANDREW OKUN	Vice President and	March 1, 2016
	Andrew Okun	Chief Accounting Officer (Principal Accounting Officer)
By:	/S/     PETER BARRETT	Director	March 1, 2016
	Peter Barrett
By:	/S/     SYLVIE GRÉGOIRE, PharmD	Director	March 1, 2016
	Sylvie Grégoire, PharmD
By:	/S/     NICHOLAS A. LOPARDO	Director	March 1, 2016
	Nicholas A. Lopardo
By:	/S/     ALEXIS P. MICHAS	Director	March 1, 2016
	Alexis P. Michas
By:	/S/     VICKI L. SATO, PhD	Director	March 1, 2016
	Vicki L. Sato, PhD
By:	/S/     KENTON J. SICCHITANO	Director	March 1, 2016
	Kenton J. Sicchitano
By:	/S/     PATRICK J. SULLIVAN	Director	March 1, 2016
	Patrick J. Sullivan

114

EXHIBIT INDEX

Exhibit No.	Exhibit Title
2.1(1)	Share Purchase Agreement, dated November 21, 2014, by and among Valedo Partners Fund I AB, the Other Sellers party thereto and PerkinElmer Holding Luxembourg S.à.r.l., filed with the Commission on November 28, 2014 as Exhibit 2.1 to our current report on Form 8-K and herein incorporated by reference.
3.1	PerkinElmer, Inc.'s Restated Articles of Organization, filed with the Commission on May 11, 2007 as Exhibit 3.1 to our quarterly report on Form 10-Q and herein incorporated by reference.
3.2	PerkinElmer, Inc.'s Amended and Restated By-Laws, filed with the Commission on April 28, 2009 as Exhibit 3.1 to our current report on Form 8-K and herein incorporated by reference.
4.1	Specimen Certificate of PerkinElmer, Inc.'s Common Stock, $1 par value, filed with the Commission on August 15, 2001 as Exhibit 4.1 to our quarterly report on Form 10-Q and herein incorporated by reference.
4.2	Indenture dated as of October 25, 2011 between PerkinElmer, Inc. and U.S. Bank National Association, filed with the Commission on October 27, 2011 as Exhibit 99.1 to our current report on Form 8-K and herein incorporated by reference.
4.3	Supplemental Indenture dated as of October 25, 2011 between PerkinElmer, Inc. and U.S. Bank National Association, filed with the Commission on October 27, 2011 as Exhibit 99.2 to our current report on Form 8-K and herein incorporated by reference.
4.4	Second Supplemental Indenture dated as of December 22, 2011 between PerkinElmer, Inc. and U.S. Bank National Association, filed with the Commission on February 28, 2012 as Exhibit 4.4 to our annual report on Form 10-K and herein incorporated by reference.
10.1	Credit Agreement, dated as of January 8, 2014, among PerkinElmer, Inc., Wallac Oy and PerkinElmer Health Sciences, Inc. as Borrowers, JPMorgan Chase Bank N.A. as Administrative Agent, Bank of America, N.A. and Barclays Bank PLC as Co-Syndication Agents, The Royal Bank of Scotland PLC, Citibank, N.A. and HSBC Bank USA, National Association as Co-Documentation Agents, J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Barclays Bank PLC as Joint Bookrunners and Joint Lead Arrangers, and the other Lenders Party hereto, filed with the Commission on January 10, 2014 as Exhibit 10.1 to our current report on Form 8-K and herein incorporated by reference.
10.2*	Employment Contracts:
	(1) Third Amended and Restated Employment Agreement between PerkinElmer, Inc. and Robert F. Friel, dated as of December 16, 2008, filed with the Commission on February 26, 2009 as Exhibit 10.4(2) to our annual report on Form 10-K and herein incorporated by reference;
	(2) Employment Agreement by and between Joel S. Goldberg and PerkinElmer, Inc. dated as of July 21, 2008, filed with the Commission on August 8, 2008 as Exhibit 10.1 to our quarterly report on Form 10-Q and herein incorporated by reference;
	(3) Employment Agreement by and between Frank Anders Wilson and PerkinElmer, Inc. dated as of April 28, 2009, filed with the Commission on April 30, 2009 as Exhibit 10.1 to our current report on Form 8-K and herein incorporated by reference;
	(4) Form of Amendment, entered into by and between PerkinElmer, Inc. and each of the following executive officers on the dates indicated below, filed with the Commission on March 1, 2011 as Exhibit 10.4(7) to our annual report on Form 10-K and herein incorporated by reference:
	Executive Officer	Date
	Joel S. Goldberg Frank Anders Wilson	December 3, 2010 December 21, 2010
	(5) Employment Agreement between James Corbett and PerkinElmer, Inc. dated as of February 1, 2012, filed with the Commission on May 8, 2012 as Exhibit 10.1 to our quarterly report on Form 10-Q and herein incorporated by reference.
	(6) Employment Agreement between Jonathan DiVincenzo and PerkinElmer, Inc. dated as of December 2, 2013, filed with the Commission on February 25, 2014 as Exhibit 10.2(9) to our annual report on Form 10-K and herein incorporated by reference.

115

Exhibit No.	Exhibit Title
	(7) Amended and Restated Employment Agreement between Andrew Okun and PerkinElmer, Inc. dated as of January 1, 2014, filed with the Commission on February 25, 2014 as Exhibit 10.2(10) to our annual report on Form 10-K and herein incorporated by reference.
	(8) Employment Agreement between Daniel R. Tereau and PerkinElmer, Inc. dated as of February 1, 2016, attached hereto as Exhibit 10.2(8).
10.3*	PerkinElmer, Inc.'s 2009 Incentive Plan, filed with the Commission on March 12, 2014 as Appendix A to our definitive proxy statement on Schedule 14A and herein incorporated by reference.
10.4*	PerkinElmer, Inc.'s 2008 Deferred Compensation Plan, filed with the Commission on December 12, 2008 as Exhibit 10.1 to our current report on Form 8-K and herein incorporated by reference.
10.5*	First Amendment to PerkinElmer, Inc.'s 2008 Deferred Compensation Plan, filed with the Commission on March 1, 2011 as Exhibit 10.9 to our annual report on Form 10-K and herein incorporated by reference.
10.6*	PerkinElmer, Inc.'s 2008 Supplemental Executive Retirement Plan, filed with the Commission on December 12, 2008 as Exhibit 10.2 to our current report on Form 8-K and herein incorporated by reference.
10.7*	PerkinElmer, Inc.'s Performance Unit Program Description, filed with the Commission on February 6, 2009 as Exhibit 10.10 to our annual report on Form 10-K and herein incorporated by reference.
10.8*	PerkinElmer, Inc. 1998 Employee Stock Purchase Plan as Amended and Restated on December 10, 2009, filed with the Commission on March 1, 2010 as Exhibit 10.15 to our annual report on Form 10-K and herein incorporated by reference.
10.9*	Form of Stock Option Agreement given by PerkinElmer, Inc. to its chief executive officer for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.2 to our current report on Form 8-K and herein incorporated by reference.
10.10*	Form of Stock Option Agreement given by PerkinElmer, Inc. to its executive officers for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.3 to our current report on Form 8-K and herein incorporated by reference.
10.11*	Form of Stock Option Agreement given by PerkinElmer, Inc. to its non-employee directors for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.4 to our current report on Form 8-K and herein incorporated by reference.
10.12*	Form of Restricted Stock Agreement with time-based vesting for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.5 to our current report on Form 8-K and herein incorporated by reference.
10.13*	Form of Restricted Stock Agreement with performance-based vesting for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.6 to our current report on Form 8-K and herein incorporated by reference.
10.14*	Form of Restricted Stock Unit Agreement with time-based vesting for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.7 to our current report on Form 8-K and herein incorporated by reference.
10.15*	Form of Restricted Stock Unit Agreement with performance-based vesting for use under the 2009 Incentive Plan, filed with the Commission on April 28, 2009 as Exhibit 10.8 to our current report on Form 8-K and herein incorporated by reference.
10.16*	Form of Restricted Stock Agreement with time-based vesting for use under the 2009 Incentive Plan, filed with the Commission on May 10, 2011 as Exhibit 10.2 to our quarterly report on Form 10-Q and herein incorporated by reference.
10.17*	Form of Stock Option Agreement for use under the 2009 Incentive Plan, filed with the Commission on May 10, 2011 as Exhibit 10.3 to our quarterly report on Form 10-Q and herein incorporated by reference.
10.18*	Form of Restricted Stock Unit Agreement given by PerkinElmer, Inc. to its non-employee directors for use under the 2009 Incentive Plan, filed with the Commission on February 24, 2015 as Exhibit 10.25 to our annual report on Form 10-K and herein incorporated by reference.
10.19*	PerkinElmer, Inc. Savings Plan Amended and Restated effective January 1, 2012, filed with the Commission on February 26, 2013 as Exhibit 10.36 to our annual report on Form 10-K and herein incorporated by reference.

116

Exhibit No.	Exhibit Title
10.20*	PerkinElmer, Inc. Employees Retirement Plan Amended and Restated effective January 1, 2012, filed with the Commission on February 26, 2013 as Exhibit 10.37 to our annual report on Form 10-K and herein incorporated by reference.
10.21*	PerkinElmer, Inc.'s Amended and Restated Performance Incentive Plan (Executive Officers), filed with the Commission on February 25, 2014 as Exhibit 10.37 to our annual report on Form 10-K and herein incorporated by reference.
12.1	Statement regarding computation of ratio of earnings to fixed charges, attached hereto as Exhibit 12.1.
21	Subsidiaries of PerkinElmer, Inc., attached hereto as Exhibit 21.
23	Consent of Independent Registered Public Accounting Firm, attached hereto as Exhibit 23.
31.1	Certification of Chief Executive Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, attached hereto as Exhibit 31.1.
31.2	Certification of Chief Financial Officer pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934, attached hereto as Exhibit 31.2.
32.1	Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, attached hereto as Exhibit 32.1.
101.INS	XBRL Instance Document.
101.SCH	XBRL Taxonomy Extension Schema Document.
101.CAL	XBRL Calculation Linkbase Document.
101.DEF	XBRL Definition Linkbase Document.
101.LAB	XBRL Labels Linkbase Document.
101.PRE	XBRL Presentation Linkbase Document.

____________________________

⁽¹⁾  The exhibits and schedules to this agreement have been omitted from this filing pursuant to Item 601(b)(2) of Regulation S-K. The registrant agrees to furnish copies of any of such exhibits or schedules to the SEC upon request.

* Management contract or compensation plan or arrangement required to be filed as an exhibit pursuant to Item 15(b) of Form 10-K.

Attached as Exhibit 101 to this report are the following formatted in XBRL (Extensible Business Reporting Language):

(i) Consolidated Statements of Operations for each of the three years in the period ended January 3, 2016, (ii) Consolidated Balance Sheets as of January 3, 2016 and December 28, 2014, (iii) Consolidated Statements of Comprehensive Income for each of the three years in the period ended January 3, 2016, (iv) Consolidated Statements of Stockholders' Equity for each of the three years in the period ended January 3, 2016, (v) Consolidated Statements of Cash Flows for each of the three years in the period ended January 3, 2016, (vi) Notes to Consolidated Financial Statements, and (vii) Financial Schedule of Valuation and Qualifying Accounts.

117

EX-10.2(8)

Exhibit 10.2 (8)

EMPLOYMENT AGREEMENT

This Employment Agreement (the “Agreement”) made this 1st day of February, 2016 between PerkinElmer, Inc., a Massachusetts corporation (hereinafter called the “Company”), and Daniel R. Tereau (hereinafter referred to as the “Employee”).

WITNESSETH:

WHEREAS, the Company wishes to employ the Employee in a management position; and

WHEREAS, the Employee hereby agrees to the compensation herein provided and agrees to serve the Company to the best of his ability during the period of this Agreement.

NOW, THEREFORE, in consideration of the sum of One Dollar, and of the mutual covenants herein contained, the parties agree as follows:

1. (a)    Except as hereinafter otherwise provided, the Company agrees to employ the employee in a management position with the Company, and the Employee agrees to remain in the employment of the Company in that capacity for a period of one year from the date hereof and from year to year thereafter until such time as this Agreement is terminated in accordance with Paragraph 5.

(b) The Company will, during each year of the term of this Agreement, place in nomination before the Board of Directors of the Company the name of the Employee for election as an Officer of the Company except when a notice of termination has been given in accordance with Paragraph 5(b).

2. The Employee agrees that, during the specified period of employment, he shall, to the best of his ability, perform his duties, and shall devote his full business time, best efforts, business judgment, skill and knowledge to the advancement of the Company and its interests and to the discharge of his duties and responsibilities hereunder. The Employee shall not engage in any business, profession or occupation which would conflict with the rendition of the agreed-upon services, either directly or indirectly, without the prior approval of the Board of Directors, except for personal investment, charitable and philanthropic activities.

3. During the period of his employment under this Agreement, the Employee shall be compensated for his services as follows:

(a) Except as otherwise provided in this Agreement, he shall be paid a salary during the period of this Agreement at a base rate to be determined by the Company on an annual basis. Except as provided in Paragraph 3(d), such annual base salary shall under no circumstances be fixed at a rate below the annual base rate then currently in effect;

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(b) He shall be reimbursed for any and all monies expended by him in connection with his employment for reasonable and necessary expenses on behalf of the Company in accordance with the policies of the Company then in effect;

(c) He shall be eligible to participate under any and all bonus, benefit, pension, compensation, and equity and incentive plans which are, in accordance with Company policy and the terms of the plan, available to persons in his position (within the limitation as stipulated by such plans). Such eligibility shall not automatically entitle him to participate in any such plan;

(d) If, because of adverse business conditions or for other reasons, the Company at any time puts into effect salary reductions applicable at a single rate to all management employees of the Company generally, the salary payments required to be made under this Agreement to the Employee during any period in which such general reduction is in effect may be reduced by the same percentage as is applicable to all management employees of the Company generally. Any benefits made available to the Employee which are related to base salary shall also be reduced in accordance with any salary reduction.

4. (a)    So long as the Employee is employed by the Company and for a period of one year after the termination or expiration of employment, the Employee will not directly or indirectly: (i) as an individual proprietor, partner, stockholder, officer, employee, director, joint venturer, investor, lender, or in any other capacity whatsoever (other than as the holder of not more than one percent (1%) of the total outstanding stock of a publicly held company), engage directly or indirectly in any business or entity which competes with the business conducted by the Company or its affiliates in any city or geographic area in which the Company or its affiliates conduct material operations at the time of termination of employment under this Agreement, except as approved in advance by the Board after full and adequate disclosure; or (ii) recruit, solicit or induce, or attempt to induce, any employee or employees or consultant or consultants of the Company to terminate their employment with, to otherwise cease their relationship with, the Company; or (iii) solicit, divert or take away, or attempt to divert or to take away, the business or patronage of any of the clients, customers or accounts, of the Company.

(b) If any restriction set forth in this Paragraph 4 is found by any court of competent jurisdiction to be unenforceable because it extends for too long a period of time or over too great a range of activities or in too broad a geographical area, it shall be interpreted to extend only over the maximum period of time, range of activities or geographic area as to which it may be enforceable.

(c) The restrictions contained in this Paragraph 4 are necessary for the protection of the business and goodwill of the Company and are considered by the Employee to be reasonable for such purpose. The Employee agrees that any breach of this Paragraph 4 will cause the Company substantial and irrevocable damage and therefore, in the event of any such breach, in addition to such other remedies

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which may be available, the Company shall have the right to seek specific performance and injunctive relief.

(d) The Employee agrees to sign and be bound by the Employee Patent and Proprietary Information Utilization Agreement in the form attached hereto.

(e) During the period of his employment by the Company or for any period during which the Company shall continue to pay the Employee his salary under this Agreement, whichever shall be longer, the Employee shall not in any way whatsoever aid or assist any party seeking to cause, initiate or effect a Change in Control of the Company as defined in Paragraph 6 without the prior approval of the Board of Directors.

5. Except for the Employee covenants set forth in Paragraph 4, which covenants shall remain in effect for the periods stated therein, and subject to Paragraph 6, this Agreement shall terminate upon the happening of any of the following events and (except as provided herein) all of the Company’s obligations under this Agreement, including, but not limited to, making payments to the Employee shall cease and terminate:

(a) On the effective date set forth in any resignation submitted by the Employee and accepted by the Company, or if no effective date is agreed upon, the date of receipt by the Company of such resignation letter;

(b) On the date set forth in a written notice of termination given by the Company to the Employee (the “Paragraph 5(b) Termination Date”);

(c) At the death of the Employee;

(d) At the termination of the Employee for cause. As used in the Agreement, the term “cause” shall mean:

(i) Misappropriating any funds or property of the Company;

(ii) Unreasonable refusal to perform the duties assigned to him under this Agreement;

(iii) Conviction of a felony;

(iv) Continuous conduct bringing notoriety to the Company and having an adverse effect on the name or public image of the Company;

(v) Violation of the Employee’s covenants as set forth in Paragraph 4 above; or

(vi) Continued failure by the Employee to observe any of the provisions of this Agreement after being informed of such breach.

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(e) Twelve months after written notice of termination (a “Disability Termination Notice”) is given by the Company to the Employee based on a determination by the Board of Directors that the Employee is disabled (which, for purposes of this Agreement, shall mean that the Employee is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than twelve months, with such determination to be made by the Board of Directors, in reliance upon the opinion of the Employee’s physician or upon the opinion of one or more physicians selected by the Company). A Disability Termination Notice shall be deemed properly delivered if given by the Company to the Employee on the 180th day of continuous disability of the Employee. Notwithstanding the foregoing, if, during the twelve-month period following proper delivery of a Disability Termination Notice as aforesaid, the Employee is no longer disabled and is able to return to work, such Disability Termination Notice shall be deemed automatically rescinded upon the Employee’s return to work, and the employment of the Employee shall continue in accordance with the terms of this Agreement. During the first 180 days of continuous disability of the Employee, the Company will make monthly payments to the Employee in an amount equal to the difference between his base salary and the benefits received by the Employee under the Company’s Short-Term Disability Income Plan. During the twelve-month period following proper delivery of a Disability Termination Notice as aforesaid, the Company will make monthly payments to the Employee in an amount equal to the difference between his base salary and the benefits provided by the Company’s Long-Term Disability Plan. If any payments to the Employee under the Company’s Long-Term Disability Plan are not subject to federal income taxes, the payments to be made directly by the Company pursuant to the preceding sentence shall be reduced such that the total amount received by the Employee (from the Company and from the Long-Term Disability Plan), after payment of any income taxes, is equal to the amount that the Employee would have received had he been paid his base salary, after payment of any income taxes on such base salary.

(f) In the event of the termination of the Employee by the Company pursuant to Paragraph 5(b) above, and subject to the Employee’s full execution of a severance agreement and release drafted by and satisfactory to counsel for the Company, the Employee shall (i) for a period of one year from the Paragraph 5(b) Termination Date, (continue to receive his Full Salary (as defined below), which shall be payable in accordance with the payment schedule in effect immediately prior to his employment termination, and (ii) receive from the Company a lump sum payment in an amount equal to (A) the amount the Company would have paid for a one-year period for premiums under the health, dental, vision, life/accidental death & disability, and short term and long-term disability plans in which the Employee and his dependents were participating immediately prior to the Paragraph 5(b) Termination Date and (B) the annual (one-year) benefit to the Employee under the Company’s executive physical program, which lump sum amount payable pursuant to this clause (ii) to be determined based on the

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premium rates and benefits in effect as of the Paragraph 5(b) Termination Date. For purposes of this Agreement, “Full Salary” shall mean the Employee’s annual base salary, plus the amount of any bonus or incentive payments (excluding payments under the Company’s long-term incentive program) earned or received by the Employee with respect to the last full fiscal year of the Company for which all bonus or incentive payments (excluding payments under the Company’s long-term incentive program) to be made have been made.

(g) In the event of a termination of employment pursuant to Paragraph 5(a), (c) or (d), the Company shall pay the Employee his base salary through the date of termination of employment. The Employee shall not be entitled to receive any bonus payment or other additional compensation beyond his date of termination.

6. (a)    In the event of a Change in Control of the Company (as defined below),

(i) The provisions of this Agreement shall be amended as follows:

(A) Paragraph l(a) shall be amended to read in its entirety as follows:

“Except as hereinafter otherwise provided, the Company agrees to continue to employ the Employee in a management position with the Company, and the Employee agrees to remain in the employment in the Company in that capacity, for a period of three (3) years from the date of the Change in Control. Except as provided in Paragraph 3(d), the Employee’s salary as set forth in Paragraph 3(a) and his other employee benefits pursuant to the plans described in Paragraph 3(c) shall not be decreased during such period.”

(B) Paragraph 5(a) shall be amended by the addition of the following provision at the end of such paragraph:

“provided that the Employee agrees not to resign, except for Good Reason (as defined below), during the one-year period following the date of the Change in Control.”

(C) Paragraph 5(b) shall be deleted in its entirety.

(D) Paragraph 5(f) shall be amended to read in its entirety as follows:

“Notwithstanding the foregoing provisions, if, within 36 months following the occurrence of a Change in Control, the Employee’s employment by the Company is terminated (i) by the Company other than for Cause, which shall not include any failure to perform his duties hereunder after giving

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notice or termination for Good Reason, disability or death or (ii) by the Employee for Good Reason, (A) the Company shall pay to the Employee, on the date of his employment termination a lump sum cash payment in an amount equal to the sum of (I) his unpaid base salary through the date of termination, (II) a pro rata portion of his prior year’s bonus, (III) his Full Salary (as defined below) multiplied by two and (IV) (x) the amount the Company would have paid for the twenty-four (24) month period following the date of the Employee’s employment termination for premiums under the health, dental, vision, life/accidental death & disability, and short term and long-term disability plans in which the Employee and his dependents were participating immediately prior to the date of the Employee’s employment termination plus (y) two times the annual benefit to the Employee under the Company’s executive physical program, which lump sum amount payable pursuant to this clause (IV) to be determined based on the premium rates and benefits in effect as of the date of the Employee’s employment termination (provided, however, that if the Change in Control is not described in Section 409(a)(2)(v) of the Internal Revenue Code of 1986, as amended (the “Code”) or if the termination occurs after the second anniversary of the Change in Control, such payment shall be made on the same schedule as provided in Paragraph 5(f) prior to the application of this Paragraph 6), and (B) the Employee’s outstanding restricted stock, option awards, or similar equity awards shall fully vest, and the vested option awards shall remain exercisable through the period ending on the earlier of: (I) the later of (x) the third anniversary of the Change in Control or (y) the first anniversary of the date the Employee’s employment with the Company terminates, or (II) the expiration of the original term of the option. For purposes of this Agreement, “Full Salary” shall mean the Employee’s then current annual base salary, plus the amount of any bonus or incentive payments (excluding the cash portion of the Company’s long-term incentive program) received by the Employee with respect to the last full fiscal year of the

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Company prior to the Change in Control for which all bonus or incentive payments (excluding the cash portion of the Company’s long-term incentive program) to be made have been made.”

(E) Paragraph 8 shall be amended to read in its entirety as follows:

“The Employee may pursue any lawful remedy he deems necessary or appropriate for enforcing his rights under this Agreement following a Change in Control of the Company, and all costs incurred by the Employee in connection therewith (including without limitation attorneys’ fees) shall be promptly reimbursed to him by the Company, regardless of the outcome of such endeavor.”

(ii) The Company will make the payments under this Agreement without regard to whether the deductibility of such payments (or any other payments or benefits) would be limited or precluded by Section 280G of the Code and without regard to whether such payments would be subject to the federal excise tax levied on certain “excess parachute payments” under Section 4999 of the Code; provided, however, that if the Total After-Tax Payments (as defined below) to the Employee would be increased by the reduction or elimination of any payment and/or other benefit (including the vesting of equity awards) under this Agreement or otherwise, then the amounts payable under this Agreement or otherwise will be reduced or eliminated in the following order unless otherwise determined by the Company: (A) nonacceleration of any stock options whose exercise price is at or above the fair market value of the stock as of the change in control date for purposes of Section 280G of the Code (taking into account, as appropriate, the proceeds that would be received in connection with the event covered by Section 4999 of the Code), (B) nonacceleration of any stock options not described in clause (A) above, (C) any vesting or distribution of restricted stock or restricted stock units and (D) any cash or taxable benefits. Within each category described in clauses (A), (B), (C) or (D), reductions or eliminations shall be made as determined by the Company in reverse order beginning with vesting or payments that are to be paid the farthest in time from the date of the event covered by Section 4999 of the Code.

The Company’s independent, certified public accounting firm will determine whether and to what extent payments or vesting under this Agreement or otherwise are required to be reduced in accordance with the preceding paragraph. For purposes of this Agreement, “Total After-Tax Payments “means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of

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the Employee (whether made under the Agreement or otherwise), after reduction for all applicable federal and state taxes (including the tax described in Section 4999 of the Code).

(b)    For purposes of this Agreement, a “Change in Control of the Company” means an event or occurrence set forth in any one or more of clauses (i) through (iv) below (including an event or occurrence that constitutes a Change in Control under one or such clauses but is specifically exempted from another such clause):

(i) the acquisition by an individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (a “Person”) of beneficial ownership of any capital stock or the Company if, after such acquisition, such Person beneficially owns (within the meaning of Rule 13d-3 promulgated under the Exchange Act) 20% or more of either (A) the then-outstanding shares of common stock of the Company (the “Outstanding Company Common Stock”) or (B) the combined voting power of the then-outstanding securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting Securities”); provided, however, that for purposes of this paragraph (i), none of the following acquisitions of Outstanding Company Common Stock or Outstanding Company Voting Securities shall constitute a Change in Control: (I) any acquisition directly from the Company (excluding an acquisition pursuant to the exercise, conversion or exchange of any security exercisable for, convertible into or exchangeable for common stock or voting securities of the Company, unless the Person exercising, converting or exchanging such security acquired such security directly from the Company or an underwriter or agent of the Company), (II) any acquisition by the Company, (III) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any corporation controlled by the Company, or (IV) any acquisition by any corporation pursuant to a transaction which complies with subclauses (A) and (B) of clause (iii) of this Paragraph 6(b); or

(ii) such time as the Continuing Directors (as defined below) do not constitute a majority of the Board (or, if applicable, the Board of Directors of a successor corporation to the Company), where the term “Continuing Director” means at any date a member of the Board (A) who was a member of the Board on the date of the execution of this Agreement or (B) who was nominated or elected subsequent to such date by at least a majority of the directors who were Continuing Directors at the time of such nomination or election or whose election to the Board was recommended or endorsed by at least a majority of the directors who were Continuing Directors at the time of such nomination or election; provided, however, that there shall be excluded from this clause (B) any individual whose initial assumption of office occurred as a result of an actual or

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threatened election contest with respect to the election or removal of directors or other actual or threatened solicitation of proxies or consents, by or on behalf of a person other than the Board; or

(iii) the consummation of a merger, consolidation, reorganization, recapitalization or statutory share exchange involving the Company or a sale or other disposition of all or substantially all of the assets of the Company (a “Business Combination”), unless, immediately following such Business Combination, each of the following two conditions is satisfied: (A) all or substantially all of the individuals and entities who were the beneficial owners of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Business Combination beneficially own, directly or indirectly, more than 50% of the then-outstanding shares of common stock and the combined voting power of the then-outstanding securities entitled to vote generally in the election of directors, respectively, of the surviving, resulting or acquiring corporation in such Business Combination (which shall include, without limitation, a corporation which as a result of such transaction owns the Company or substantially all of the Company’s assets either directly or through one or more other entities) (such resulting or acquiring corporation is referred to herein as the “Acquiring Corporation”) in substantially the same proportions as their ownership, immediately prior to such Business Combination, of the Outstanding Company Stock and Outstanding Company Voting Securities, respectively; and (B) no Person beneficially owns, directly or indirectly, 20% or more of the then outstanding shares of common stock of the Acquiring Corporation, or of the combined voting power of the then-outstanding securities of such corporation entitled to vote generally in the election of directors (except to the extent that such ownership existed prior to the Business Combination); or

(iv) approval by the stockholders of the Company or a complete liquidation or dissolution of the Company.

(c) For purposes of this Agreement, “Good Reason” shall mean the occurrence of any of the following events: (i) a material diminution in the Employee's base salary except as provided in Paragraph 3(d); (ii) a failure by the Company to pay annual cash bonuses to the Employees in an amount at least equal to the most recent annual cash bonuses paid to the Employee; (iii) a failure by the Company to maintain in effect any material compensation or benefit plan in which the Employee participated immediately prior to the Change in Control, unless an equitable arrangement has been made with respect to such plan, or a failure to continue the Employee’s participation therein on a basis not materially less favorable than existed immediately prior to the Change in Control; (iv) any material diminution in the Employee’s position, duties, authorities, responsibilities or title as in effect immediately prior to the Change in Control; (v)

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any requirement by the Company that the location at which the Employee performs his principal duties be changed to a new location outside a radius of 25 miles from the Employee’s principal place of employment immediately prior to the Change in Control; or (vi) the failure of the Company to obtain the agreement, in a form reasonably satisfactory to the Employee, from any successor to the Company to assume and agree to perform this Agreement. The Employee shall provide notice to the Company of the existence of the condition upon which Employee bases his claim for Good Reason within 90 days of the initial existence of the condition. As a condition to a termination for Good Reason, if the condition is capable of being corrected, the Company shall have 30 days during which it may remedy the condition. If the condition is fully remedied with such time period there shall be no “Good Reason” and the Company shall not owe the amounts otherwise required to be paid under Paragraph 5, as amended by this Paragraph 6, in connection with the termination. The Employee’s right to terminate his employment for Good Reason shall not be affected by his incapacity due to physical or mental illness.

7. Neither the Employee nor, in the event of his death, his legal representative, beneficiary or estate, shall have the power to transfer, assign, mortgage or otherwise encumber in advance any of the payments provided for in this Agreement, nor shall any payments nor assets or funds of the Company be subject to seizure for the payment of any debts, judgments, liabilities, bankruptcy or other actions.

8. Any controversy relating to this Agreement and not resolved by the Board of Directors and the Employee shall be settled by arbitration in the City of Boston, Commonwealth of Massachusetts, pursuant to the rules then obtaining of the JAMS, and judgment upon the award may be entered in any court having jurisdiction, and the Board of Directors and Employee agree to be bound by the arbitration decision on any such controversy. Unless otherwise agreed by the parties hereto, arbitration will be by an arbitrator selected from the panel of the JAMS. The full cost of any such arbitration shall be borne by the Company.

9. Failure to insist upon strict compliance with any of the terms, covenants, or conditions hereof shall not be deemed a waiver of such term, covenant, or condition, nor shall any waiver or relinquishment of any right or power hereunder at any one or more times be deemed a waiver or relinquishment of such right or power at any other time or times by either party.

10. All notices or other communications hereunder shall be in writing and shall be deemed to have been duly given when delivered personally to the Employee or to the General Counsel of the Company or when mailed by registered or certified mail to the other party (if to the Company, at 940 Winter Street, Waltham, Massachusetts 02451, attention General Counsel; if to the Employee, at the last known address of the Employee as set forth in the records of the Company).

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11. This Agreement has been executed and delivered and shall be construed in accordance with the laws of the Commonwealth of Massachusetts. This Agreement is and shall be binding on the respective legal representatives or successors of the parties, but shall not be assignable except to a successor to the Company by virtue of a merger, consolidation or acquisition of all or substantially all of the assets of the Company. This Agreement constitutes and embodies the entire understanding and agreement of the parties and, except as otherwise provided herein, there are no other agreements or understandings, written or oral, in effect between the parties hereto relating to the employment of the Employee by the Company. All previous employment contracts between the Employee and the Company or any of the Company’s present or former subsidiaries or affiliates is hereby canceled and of no effect.

12. The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company to assume expressly in writing and to agree to perform its obligations under this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain an assumption of this Agreement prior to the effectiveness of succession shall be a breach of this Agreement. As used in this Agreement, “the Company” shall mean the Company as defined above and any successor to its business or assets as aforesaid which assumes and agrees to perform this Agreement, whether by operation of law, or otherwise.

13. The parties intend that payments made pursuant to this Agreement be either exempt from, or compliant with, Section 409A of the Code and the regulations promulgated thereunder (“Section 409A”), so as not to be subject to the excise tax thereunder. Accordingly, the following provisions shall apply to payments pursuant to this Agreement, notwithstanding any provision to the contrary contained in this Agreement:

(a) Any payment of “reimbursements” by the Company to the Employee, any payment of “in-kind benefits” from the Company to the Employee, and any “direct service recipient payments” made by the Company on the Employee’s behalf for a “limited period of time” (in each case as those terms are used for purposes of Section 409A) shall be exempt from the application of Section 409A;

(b) Except as provided in Paragraphs 13(a) or (b) above, or Paragraph 13(e) below, the remainder of all other payments or benefits that are to be paid or provided by the Company to the Employee under Paragraphs 5 or 6 shall be paid or provided in accordance with the schedules set forth in Paragraphs 5 or 6, or if none, in accordance with the schedules set forth in the underlying employee benefit plans and arrangements. Each payment on a payroll date and each monthly payment under Paragraphs 5 and 6 shall be deemed to be a “separate payment” as that term is used for purposes of Section 409A, including the exemptions from Section 409A;

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(c) The payments that are to be paid by the Company to the Employee under Paragraphs 5 or 6 which (i) will constitute payments from a “non-qualified deferred compensation plan” as that term is used for the purposes of Section 409A (after taking into account Paragraphs 13(a) and (b) above and any other exemptions available under Section 409A, including without limitation qualification as a “short term deferral” within the meaning of Section 409A), (ii) are payable prior to the date that is 6 months after the Employee’s “separation from service” as that term is used for purposes of Section 409A (“Separation from Service”) (such date hereinafter referred to as the “Delayed Payment Date”), and (iii) do not exceed two (2) times the lesser of (I) or (II) below, shall be paid in accordance with the payment schedule that would otherwise apply under Paragraphs 5 or 6 in the absence of the application of Section 409A. For purposes of this Paragraph 13(d), “(I)” shall mean the sum of the Employee’s annualized compensation based upon his annual rate of pay for services provided to the Company for the calendar year preceding the Company’s taxable year in which the Employee had a Separation from Service, and “(II)” shall mean the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which the Employee has a Separation from Service;

(d) If the Employee is a “specified employee” within the meaning of Section 409A(a)(2)(B)(i) of the Code on the date of the Employee’s “separation from service” as that term is used for purposes of Section 409A, the payments that are otherwise scheduled to be paid to the Employee under Paragraphs 5 or 6 prior to the Delayed Payment Date (determined without regard to this Paragraph 13) that exceed the amount calculated under Paragraph 13(d) above shall instead be paid by the Company to the Employee in a lump sum (together with interest at the prime rate as published in The Wall Street Journal on the date of Separation from Service) one day after the Delayed Payment Date (or, if earlier, the death of the Employee);

(e) The amount of expenses eligible for reimbursement to the Employee, and the amount of in-kind benefits provided to the Employee, during any calendar year shall not affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other calendar year;

(f) The Company shall (i) have the right to deduct from any payment under this Agreement any and all taxes determined by the Company to be applicable with respect to such benefits and (ii) shall have the right to require the Employee to make arrangements satisfactory to satisfy any such withholding obligation that may not be satisfied in full by wage withholding described in (i);

(g) The Employee shall be responsible for all taxes with respect to any payments or benefits hereunder except for the Company’s portion of any Social Security and Medicare taxes. The Company makes no guarantee regarding the tax treatment of the payments or benefits provided by this Agreement;

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(h) The reference in Section 5(f) to execution of a severance agreement and release shall be subject to the following terms. Payments pursuant to Section 5(f) shall commence on the 60th day following the Employee’s separation from service, provided that the Employee has executed and submitted the severance agreement and release and the agreement and release have become irrevocable. The payment made on such 60th day shall include any periodic payments to which the Employee would have been entitled had payments commenced upon the Employee’s separation from service; and

(i) In determining whether a payment is made on permissible payment event or date, the rules of the Treasury Regulations and other guidance under Section 409A shall apply, including without limitation the rules of Treasury Regulation section 1.409A-3(g) (related to disputed payments) and the rules of Treasury Regulation section 1.409A-3(d) (generally permitting payment to be made at a later date within the same taxable year (or if later by the 15th day of the third calendar month following the date specified) so long as the Employee is not permitted, directly or indirectly, to designate the year of payment).

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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IN WITNESS WHEREOF, the Company has caused its seal to be hereunto affixed and these presents to be signed by its proper officers, and the Employee has hereunto set his hand and seal this 1^st day of February, 2016 effective as of the day and year first above written.

(SEAL)

PERKINELMER, INC.

By: /s/ Robert F. Friel

Robert F. Friel

Chairman and Chief Executive Officer

Employee:/s/ Daniel R. Tereau

Daniel R. Tereau

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EX-12.1

EXHIBIT 12.1

STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

PerkinElmer, Inc.

Computation of Ratio of Earnings to Fixed Charges

(Unaudited)

	Fiscal Year Ended
	January 3, 2016		December 28, 2014		December 29, 2013		December 30, 2012		January 1, 2012
	(In thousands, except for ratio)
Fixed charges:
Interest expense and amortization of debt premiums and discounts on all indebtedness	$	35,010	$	33,097	$	44,066	$	43,702	$	23,310
Interest on rental expense	10,520		10,960		10,520		12,040		9,820
Total fixed charges	45,530		44,057		54,586		55,742		33,130
Earnings:
Income from continuing operations before income taxes	244,015		169,603		163,684		55,164		68,003
Earnings available to cover fixed charges	$	289,545	$	213,660	$	218,270	$	110,906	$	101,133
Ratio of earnings to fixed charges	6.4		4.8		4.0		2.0		3.1
Deficiency in earnings required to cover fixed charges	$	—	$	—	$	—	$	—	$	—

EX-21

EXHIBIT 21

Subsidiaries of the Registrant

As of March 1, 2016, the following is a list of the parent (Registrant) and its active subsidiaries, together with their subsidiaries. Except as noted, all voting securities of the listed subsidiaries are 100% beneficially owned by the Registrant or a subsidiary thereof. The subsidiaries are arranged alphabetically by state and then country of incorporation or organization.

	Name of Company	State or Country of Incorporation or Organization	Name of Parent
1.	PerkinElmer, Inc.	Massachusetts	N/A
2.	Caliper Life Sciences, Inc.	Delaware	PerkinElmer Holdings, Inc.
3.	Cambridge Research & Instrumentation, Inc.	Delaware	Caliper Life Sciences, Inc.
4.	PerkinElmer Health Sciences, Inc.	Delaware	PerkinElmer Holdings, Inc.
5.	PerkinElmer Informatics, Inc.	Delaware	PerkinElmer Holdings, Inc.
6.	PerkinElmer Medical Holdings, Inc.	Delaware	PerkinElmer Holdings, Inc.
7.	PerkinElmer Medical Imaging, LLC	Delaware	PerkinElmer Medical Holdings, Inc.
8.	ViaCord, LLC	Delaware	PerkinElmer Medical Holdings, Inc.
9.	VisEn Medical Inc.	Delaware	PerkinElmer Health Sciences, Inc.
10.	Xenogen Corporation	Delaware	Caliper Life Sciences, Inc.
11.	NovaScreen Biosciences Corporation	Maryland	Caliper Life Sciences, Inc.
12.	PerkinElmer Holdings, Inc.	Massachusetts	PerkinElmer, Inc.
13.	Perten Instruments, Inc.	Nevada	PerkinElmer Health Sciences, Inc.
14.	PerkinElmer Labs, Inc.	New York	PerkinElmer Holdings, Inc.
15.	PerkinElmer Genetics, Inc.	Pennsylvania	PerkinElmer Holdings, Inc.
16.	PerkinElmer Automotive Research, Inc.	Texas	PerkinElmer Holdings, Inc.
17.	Geospiza, Inc.	Washington	PerkinElmer Holdings, Inc.
18.	Perkin-Elmer Argentina S.R.L.	Argentina	PerkinElmer Holdings, Inc. (98%)1
19.	Newport Scientific Pty Ltd	Australia	Perten Instruments AB
20.	PerkinElmer Pty. Ltd.	Australia	PerkinElmer Holdings, Inc.
21.	Perten Instruments of Australia Pty Ltd	Australia	Perten Instruments AB
22.	PerkinElmer Vertriebs GmbH	Austria	Wellesley B.V.
23.	PerkinElmer BVBA	Belgium	PerkinElmer Life Sciences International Holdings2
24.	PerkinElmer do Brasil Ltda.	Brazil	PerkinElmer International C.V. (99%)3
25.	PerkinElmer Health Sciences Canada, Inc.	Canada	PerkinElmer Life Sciences International Holdings
26.	Perten Instruments Inc.	Canada	Perten Instruments AB
27.	PerkinElmer Chile Ltda.	Chile	PerkinElmer Health Sciences, Inc. (68%)4
28.	PerkinElmer Healthcare Diagnostics (Shanghai) Co., Ltd.	China	PerkinElmer IVD Pte Ltd.
29.	PerkinElmer Management (Shanghai) Co., Ltd.	China	PerkinElmer Singapore Pte Ltd.
30.	Perten Instruments (Beijing) Co., Ltd.	China	Perten Instruments AB
31.	Shanghai Haoyuan Biotech Co., Ltd.	China	PerkinElmer Holding Luxembourg S.à r.l.
32.	Suzhou PerkinElmer Medical Laboratory Co., Ltd.	China	Suzhou Sym-Bio Lifescience Co., Ltd.
33.	Suzhou Sym-Bio Lifescience Co., Ltd.	China	PerkinElmer Healthcare Diagnostics (Shanghai) Co., Ltd.
34.	PerkinElmer Danmark A/S	Denmark	Wallac Oy
35.	PerkinElmer Finland Oy	Finland	Wallac Oy
36.	PerkinElmer Investments Ky	Finland	PerkinElmer Finance Luxembourg S.à r.l.5
37.	PerkinElmer Oy	Finland	Wellesley B.V.
38.	Wallac Oy	Finland	PerkinElmer Oy
39.	PerkinElmer SAS	France	PerkinElmer Nederland B.V.
40.	Perten Instruments France SASU	France	Perten Instruments AB
41.	SOCOMA-PERTEN SAS	France	PerkinElmer SAS
42.	PerkinElmer Cellular Technologies Germany GmbH	Germany	PerkinElmer LAS (Germany) GmbH
43.	PerkinElmer chemagen Technologie GmbH	Germany	PerkinElmer Cellular Technologies Germany GmbH
44.	PerkinElmer LAS (Germany) GmbH	Germany	PerkinElmer Holdings, Inc.
45.	PerkinElmer Technologies GmbH & Co. KG	Germany	PerkinElmer Cellular Technologies Germany GmbH  (60%)6
46.	Perten Instruments GmbH	Germany	Perten Instruments AB
47.	PerkinElmer (Hong Kong) Limited	Hong Kong	PerkinElmer Holdings, Inc.
48.	PerkinElmer Health Sciences Private Limited	India	PerkinElmer IVD Pte Ltd. (91%)7

	Name of Company	State or Country of Incorporation or Organization	Name of Parent
49.	PerkinElmer (India) Private Limited	India	PerkinElmer Singapore Pte Ltd.8
50.	PerkinElmer (Ireland) Ltd.	Ireland	Wellesley B.V.
51.	Airbase Systems Ltd.	Israel	PerkinElmer Holding Luxembourg S.à r.l.
52.	PerkinElmer Israel Ltd.	Israel	PerkinElmer Holding Luxembourg S.à r.l.
53.	Perkin Elmer Italia SpA	Italy	Wellesley B.V.
54.	PerkinElmer LAS Srl	Italy	PerkinElmer Holdings, Inc.
55.	Perten Instruments Italia Srl	Italy	Perten Instruments AB
56.	PerkinElmer Japan Co. Ltd.	Japan	PerkinElmer Life Sciences International Holdings (97%)9
57.	Perkin Elmer Yuhan Hoesa	Korea	PerkinElmer International C.V.
58.	PerkinElmer Finance Luxembourg S.à r.l.	Luxembourg	PerkinElmer Holding Luxembourg S.à r.l.
59.	PerkinElmer Holding Luxembourg S.à r.l.	Luxembourg	PerkinElmer International C.V.
60.	Perkin Elmer Sdn. Bhd.	Malaysia	PerkinElmer International C.V.
61.	Perkin Elmer de Mexico, S.A.	Mexico	PerkinElmer Holdings, Inc.10
62.	Delta Instruments B.V.	Netherlands	PerkinElmer Health Sciences B.V.
63.	PerkinElmer Health Sciences B.V.	Netherlands	PerkinElmer Life Sciences International Holdings
64.	PerkinElmer International C.V.	Netherlands	PerkinElmer Holdings, Inc.11
65.	PerkinElmer Nederland B.V.	Netherlands	Wellesley B.V.
66.	Wellesley B.V.	Netherlands	PerkinElmer Holding Luxembourg S.à r.l.
67.	PerkinElmer Norge AS	Norway	Wallac Oy
68.	Perkin-Elmer Instruments (Philippines) Corporation	Philippines	PerkinElmer Holdings, Inc.
69.	PerkinElmer Polska Sp zo.o.	Poland	Wellesley B.V.
70.	PerkinElmer Shared Services Sp zo.o.	Poland	Wellesley B.V.
71.	PerkinElmer IVD Pte Ltd.	Singapore	Wallac Oy
72.	PerkinElmer Singapore Pte Ltd.	Singapore	PerkinElmer International C.V.
73.	PerkinElmer South Africa (Pty) Ltd.	South Africa	Wellesley B.V.
74.	Integromics, S.L.	Spain	PerkinElmer España, S.L.
75.	PerkinElmer España, S.L.	Spain	Wellesley B.V.
76.	PerkinElmer Sverige AB	Sweden	Wallac Oy
77.	PerkinElmer Sweden Health Sciences Holdings AB	Sweden	PerkinElmer Holdings, Inc.
78.	Perten Instruments AB	Sweden	Perten Invest AB
79.	Perten Instruments Group AB	Sweden	PerkinElmer Holding Luxembourg S.à r.l.
80.	Perten Instruments Holding AB	Sweden	Perten Instruments Group AB
81.	Perten Invest AB	Sweden	Perten Instruments Holding AB
82.	Vanadis Diagnostics AB	Sweden	PerkinElmer Sweden Health Sciences Holdings AB
83.	PerkinElmer (Schweiz) AG	Switzerland	Wellesley B.V.
84.	PerkinElmer Taiwan Corporation	Taiwan	PerkinElmer Holding Luxembourg S.à r.l.
85.	PerkinElmer Limited	Thailand	PerkinElmer, Inc.
86.	PerkinElmer Sağlik ve Çevre Bilimleri Ltd.	Turkey	PerkinElmer Holding Luxembourg S.à r.l.
87.	Dexela Limited	United Kingdom	PerkinElmer Holding Luxembourg S.à r.l.
88.	PerkinElmer Improvision Ltd.	United Kingdom	PerkinElmer (UK) Holdings Ltd.
89.	PerkinElmer LAS (UK) Ltd.	United Kingdom	PerkinElmer (UK) Holdings Ltd.
90.	PerkinElmer Life Sciences International Holdings	United Kingdom	PerkinElmer Health Sciences, Inc.
91.	PerkinElmer Ltd.	United Kingdom	PerkinElmer (UK) Holdings Ltd.
92.	PerkinElmer (UK) Holdings Ltd.	United Kingdom	Wellesley B.V.

____________________________

¹  PerkinElmer Health Sciences, Inc. owns 2%.

²  PerkinElmer Holdings, Inc. owns a de minimus share.

³  PerkinElmer Holdings, Inc. owns 1%; PerkinElmer Health Sciences, Inc. owns a de minimus share.

⁴  PerkinElmer Holdings, Inc. owns 32%.

⁵  PerkinElmer Holding Luxembourg S.à r.l. owns a de minimus share.

⁶  PerkinElmer Automotive Research, Inc. owns 40%.

⁷  Surendra Genetic Laboratory & Research Centre Pte Ltd. owns 9%.

⁸  Wellesley B.V. owns a de minimus share.

⁹  Wallac Oy owns 3%.

¹⁰  PerkinElmer, Inc. owns a de minimus share.

¹¹  PerkinElmer, Inc. owns 1%.

EX-23

EXHIBIT 23

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in Registration Statement Nos. 333-61615, 333-65367, 333-81759, 333-61938, 333-73350, 333-92228, 333-129407 and 333-158877 on Form S-8 and 333-187422 on Form S-3 of our reports dated March 1, 2016, relating to the financial statements and financial statement schedule of PerkinElmer, Inc. and subsidiaries, (which included an explanatory paragraph regarding the Company's adoption of the Financial Accounting Standards Board Accounting Standards Update 2015-17, Balance Sheet Classification of Deferred Taxes during the year ended January 3, 2016) and the effectiveness of PerkinElmer, Inc. and subsidiaries' internal control over financial reporting, appearing in this Annual Report on Form 10-K of PerkinElmer, Inc. for the year ended January 3, 2016.

/s/ DELOITTE & TOUCHE LLP

Boston, Massachusetts

March 1, 2016

EX-31.1

CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302

EXHIBIT 31.1

CERTIFICATION

I, Robert F. Friel, certify that:

1. I have reviewed this Annual Report on Form 10-K of PerkinElmer, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting that are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	March 1, 2016	/S/    ROBERT F. FRIEL
		Robert F. Friel
		Chairman, Chief Executive Officer and President

EX-31.2

CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302

EXHIBIT 31.2

CERTIFICATION

I, Frank A. Wilson, certify that:

1. I have reviewed this Annual Report on Form 10-K of PerkinElmer, Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting that are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date:	March 1, 2016	/s/    FRANK A. WILSON
		Frank A. Wilson Senior Vice President and Chief Financial Officer

EX-32.1

CERTIFICATION OF CEO AND CFO PURSUANT TO SECTION 906

EXHIBIT 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350,

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Annual Report on Form 10-K of PerkinElmer, Inc. (the “Company”) for the period ended January 3, 2016 as filed with the Securities and Exchange Commission on the date hereof (the “Report”), the undersigned, Robert F. Friel, Chairman, Chief Executive Officer and President of the Company, and Frank A. Wilson, Senior Vice President and Chief Financial Officer of the Company, each hereby certifies, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

(1) Based on my knowledge, the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) Based on my knowledge, the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Date:	March 1, 2016	/S/    ROBERT F. FRIEL
		Robert F. Friel
		Chairman, Chief Executive Officer and President

Date:	March 1, 2016	/s/    FRANK A. WILSON
		Frank A. Wilson Senior Vice President and Chief Financial Officer

XML

Document and Entity Information - USD ($)	12 Months Ended
	Jan. 03, 2016	Feb. 25, 2016	Jun. 26, 2015
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	FY
Entity Registrant Name	PERKINELMER INC
Entity Central Index Key	0000031791
Current Fiscal Year End Date	--01-03
Document Period End Date	Jan. 03, 2016
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		109,789,094
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 6,101,934,638

XML

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Revenue
Product revenue	$ 1,552,638	$ 1,540,075	$ 1,498,070
Service revenue	709,721	697,144	659,516
Total revenue	2,262,359	2,237,219	2,157,586
Cost of product revenue	793,728	805,345	783,584
Cost of service revenue	444,131	427,266	397,860
Selling, general and administrative expenses	598,848	659,335	581,898
Research and development expenses	125,928	121,141	132,400
Restructuring and contract termination charges, net	13,590	13,390	33,892
Asset impairment	0	0	158
Operating income from continuing operations	286,134	210,742	227,794
Interest and other expense, net	42,119	41,139	64,110
Income from continuing operations before income taxes	244,015	169,603	163,684
Provision for (benefit from) income taxes	31,327	8,437	(10,583)
Income from continuing operations	212,688	161,166	174,267
Loss from discontinued operations before income taxes	(3)	(4,959)	(10,352)
Loss on disposition of discontinued operations before income taxes	(28)	(260)	(1,810)
Provision for (benefit from) income taxes on discontinued operations and dispositions	232	(1,831)	(5,107)
Loss on discontinued operations and dispositions	(263)	(3,388)	(7,055)
Net income	$ 212,425	$ 157,778	$ 167,212
Basic earnings per share:
Income from continuing operations	$ 1.89	$ 1.43	$ 1.55
Loss on discontinued operations and dispositions	0.00	(0.03)	(0.06)
Net income	1.89	1.40	1.49
Diluted earnings per share:
Income from continuing operations	1.88	1.42	1.54
Loss on discontinued operations and dispositions	0.00	(0.03)	(0.06)
Net income	$ 1.87	$ 1.39	$ 1.47

XML

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Net income	$ 212,425	$ 157,778	$ 167,212
Other comprehensive income (loss)
Foreign currency translation adjustments	(70,178)	(52,951)	8,756
Unrecognized prior service costs, net of tax	(316)	146	(658)
Reclassification adjustments for losses on derivatives included in net income, net of tax	0	0	2,892
Unrealized (losses) gains on securities, net of tax	(262)	14	8
Other comprehensive (loss) income	(70,756)	(52,791)	10,998
Comprehensive income	$ 141,669	$ 104,987	$ 178,210

XML

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014
Current assets:
Cash and cash equivalents	$ 237,932	$ 174,821
Accounts receivable, net	439,015	470,563
Inventories	288,028	285,457
Other current assets	68,186	137,710
Total current assets	1,033,161	1,068,551
Property, plant and equipment, net	167,029	176,194
Marketable securities and investments	1,586	1,568
Intangible assets, net	490,811	490,265
Goodwill	2,276,149	2,284,077
Other assets, net	197,559	106,921
Total assets	4,166,295	4,127,576
Current liabilities:
Current portion of long-term debt	1,123	1,075
Accounts payable	152,726	173,953
Accrued restructuring and contract termination costs	17,090	17,124
Accrued expenses and other current liabilities	388,446	403,021
Current liabilities of discontinued operations	2,100	2,137
Total current liabilities	561,485	597,310
Long-term debt	1,011,762	1,045,393
Long-term liabilities	482,607	442,771
Total liabilities	$ 2,055,854	$ 2,085,474
Commitments and contingencies (see Notes 13 and 16)
Stockholders' equity:
Preferred stock—$1 par value per share, authorized 1,000,000 shares; none issued or outstanding	$ 0	$ 0
Common stock—$1 par value per share, authorized 300,000,000 shares; issued and outstanding 112,034,000 and 112,481,000 shares at January 3, 2016 and December 28, 2014, respectively	112,034	112,481
Capital in excess of par value	52,932	94,276
Retained earnings	1,991,431	1,810,545
Accumulated other comprehensive income	(45,956)	24,800
Total stockholders' equity	2,110,441	2,042,102
Total liabilities and stockholders' equity	$ 4,166,295	$ 4,127,576

XML

Consolidated Balance Sheet Parenthetical - $ / shares	Jan. 03, 2016	Dec. 28, 2014
Balance Sheet Parenthetical [Abstract]
Preferred stock, par value	$ 1	$ 1
Preferred stock, authorized	1,000,000	1,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$ 1	$ 1
Common stock, authorized	300,000,000	300,000,000
Common stock, issued	112,034,000	112,481,000
Common stock, outstanding	112,034,000	112,481,000

XML

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock Amount [Member]	Capital In Excess of Par Value [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance at Dec. 30, 2012	$ 1,939,812	$ 115,036	$ 209,610	$ 1,548,573	$ 66,593
Net income	167,212			167,212
Other comprehensive income (loss)	10,998				10,998
Dividends	(31,421)			(31,421)
Exercise of employee stock options and related income tax benefits	19,842	947	18,895
Issuance of common stock for employee benefit plans	2,732	90	2,642
Cost of Repurchased Common Shares, Repurchase Plan and Amount for Statutory Tax Withholding Obligations	127,398	3,728	123,670
Issuance of common stock for long-term incentive program	8,257	281	7,976
Stock compensation	4,453	0	4,453	0	0
Ending Balance at Dec. 29, 2013	1,994,487	112,626	119,906	1,684,364	77,591
Net income	157,778			157,778
Other comprehensive income (loss)	(52,791)				(52,791)
Dividends	(31,597)			(31,597)	0
Exercise of employee stock options and related income tax benefits	24,455	1,024	23,431
Issuance of common stock for employee benefit plans	2,539	61	2,478
Cost of Repurchased Common Shares, Repurchase Plan and Amount for Statutory Tax Withholding Obligations	65,529	1,448	64,081
Issuance of common stock for long-term incentive program	7,880	218	7,662
Stock compensation	4,880	0	4,880	0	0
Ending Balance at Dec. 28, 2014	2,042,102	112,481	94,276	1,810,545	24,800
Net income	212,425			212,425
Other comprehensive income (loss)	(70,756)				(70,756)
Dividends	(31,539)			(31,539)
Exercise of employee stock options and related income tax benefits	17,340	849	16,491
Issuance of common stock for employee benefit plans	3,686	78	3,608
Cost of Repurchased Common Shares, Repurchase Plan and Amount for Statutory Tax Withholding Obligations	76,439	1,595	74,844
Issuance of common stock for long-term incentive program	9,319	221	9,098
Stock compensation	4,303	0	4,303	0	0
Ending Balance at Jan. 03, 2016	$ 2,110,441	$ 112,034	$ 52,932	$ 1,991,431	$ (45,956)

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Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Operating activities:
Net income	$ 212,425	$ 157,778	$ 167,212
Loss from discontinued operations and dispositions, net of income taxes	263	3,388	7,055
Income from continuing operations	212,688	161,166	174,267
Adjustments to reconcile net income from continuing operations to net cash provided by continuing operations:
Restructuring and contract termination charges, net	13,590	13,390	33,892
Depreciation and amortization	112,007	116,736	126,879
Stock-based compensation	17,719	14,464	14,053
Pension and other postretirement expense (income)	9,420	77,669	(18,176)
Deferred taxes	(6,571)	(33,351)	(29,907)
Contingencies and prior year tax matters	(5,342)	(7,605)	(34,455)
Amortization of deferred debt issuance costs, interest rate hedge and accretion of discounts	1,496	1,434	6,502
Losses (gains) on dispositions, net	0	108	(1,566)
Amortization of acquired inventory revaluation	7,275	2,425	203
Asset impairment	0	0	158
Excess tax benefit from exercise of common stock options	(2,435)	0	0
Changes in assets and liabilities which (used) provided cash, excluding effects from companies purchased and divested:
Accounts receivable, net	6,760	(16,989)	(14,071)
Inventories, net	(28,700)	(24,642)	(14,171)
Accounts payable	(16,082)	8,103	(1,083)
Accrued expenses and other	(34,244)	(30,640)	(85,277)
Net cash provided by operating activities of continuing operations	287,581	282,268	157,248
Net cash (used in) provided by operating activities of discontinued operations	(483)	(671)	1,343
Net cash provided by operating activities	287,098	281,597	158,591
Investing activities:
Capital expenditures	(29,632)	(29,072)	(38,981)
Proceeds from dispositions of property, plant and equipment, net	0	2,531	52,202
Changes in restricted cash balances	59	0	0
Proceeds from surrender of life insurance policies	757	490	783
Activity related to acquisitions and investments, net of cash and cash equivalents acquired	(72,040)	(271,477)	(15,699)
Net cash used in investing activities of continuing operations	(100,856)	(297,528)	(1,695)
Net cash provided by investing activities of discontinued operations	0	1,631	484
Net cash used in investing activities	(100,856)	(295,897)	(1,211)
Financing activities:
Payments on revolving credit facility	(485,000)	(356,000)	(538,000)
Proceeds from revolving credit facility	451,000	475,000	677,000
Prepayment of long-term debt	0	0	(150,000)
Premium on prepayment of long-term debt	0	0	(11,119)
Payments of debt financing costs	0	(1,845)	0
Net (payments on) proceeds from other credit facilities	(1,072)	(12,675)	5,281
Settlement of cash flow hedges	18,706	0	1,363
Payments for acquisition-related contingent consideration	(103)	(855)	0
Excess tax benefit from exercise of common stock options	2,435	0	0
Proceeds from issuance of common stock under stock plans	14,905	24,455	20,313
Purchases of common stock	(76,439)	(65,529)	(127,398)
Dividends paid	(31,571)	(31,620)	(31,600)
Net cash (used in) provided by financing activities	(107,139)	30,931	(154,160)
Effect of exchange rate changes on cash and cash equivalents	(15,992)	(15,052)	(1,422)
Net increase in cash and cash equivalents	63,111	1,579	1,798
Cash and cash equivalents at beginning of year	174,821	173,242	171,444
Cash and cash equivalents at end of year	237,932	174,821	173,242
Supplemental disclosures of cash flow information
Interest	31,741	30,320	39,904
Income taxes	$ 49,275	$ 40,638	$ 36,675

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Nature of Operations and Accounting Policies

12 Months Ended

Jan. 03, 2016

Accounting Policies [Abstract]

Nature of Operations and Accounting Policies

Nature of Operations and Accounting Policies

Nature of Operations:    PerkinElmer, Inc. is a leading provider of products, services and solutions to the diagnostics, research, environmental, industrial and laboratory services markets. Through its advanced technologies, solutions and services, critical issues are addressed that help to improve the health and safety of people and their environment. The results are reported within two reporting segments: Human Health and Environmental Health.

The consolidated financial statements include the accounts of PerkinElmer, Inc. and its subsidiaries (the “Company”). All intercompany balances and transactions have been eliminated in consolidation.

The Company has two operating segments; Human Health and Environmental Health. The Company’s Human Health segment concentrates on developing diagnostics, tools and applications to help detect diseases earlier and more accurately and to accelerate the discovery and development of critical new therapies. Within the Human Health segment, the Company serves both the diagnostics and research markets. The Company’s Environmental Health segment provides products, services and solutions to facilitate the creation of safer food and consumer products, more secure surroundings and efficient energy resources. The Environmental Health segment serves the environmental, industrial and laboratory services markets.

The Company realigned its organization at the beginning of fiscal year 2015. OneSource, the Company's multivendor laboratory service business that serves the life sciences end market, was moved from the Environmental Health segment into the Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of the Company's operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to the Company's operating segments.

The Company's fiscal year ends on the Sunday nearest December 31. The Company reports fiscal years under a 52/53 week format and as a result, certain fiscal years will contain 53 weeks. The fiscal year ended January 3, 2016 included 53 weeks. The additional week in fiscal year 2015 has been reflected in the Company's third quarter. Each of the fiscal years ended December 28, 2014 and December 29, 2013 included 52 weeks. The fiscal year ending January 1, 2017 will include 52 weeks.

The Company has evaluated subsequent events from January 3, 2016 through the date of the issuance of these consolidated financial statements and has determined that other than the events the Company has disclosed within the notes to the consolidated financial statements, no material subsequent events have occurred that would affect the information presented in these consolidated financial statements.

Accounting Policies and Estimates:    The preparation of consolidated financial statements in accordance with United States (“U.S.”) Generally Accepted Accounting Principles (“GAAP”) requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, the Company evaluates its estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

Revenue Recognition:    The Company’s product revenue is recorded when persuasive evidence of an arrangement exists, delivery has occurred, the price to the buyer is fixed or determinable, and collectability is reasonably assured. For products that include installation, and if the installation meets the criteria to be considered a separate element, product revenue is recognized upon delivery, and installation revenue is recognized when the installation is complete. For revenue that includes customer-specified acceptance criteria, revenue is recognized after the acceptance criteria have been met. Certain of the Company’s products require specialized installation. Revenue for these products is deferred until installation is completed. Revenue from services is deferred and recognized over the contractual period, or as services are rendered.

In limited circumstances, the Company has arrangements that include multiple elements that are delivered at different points of time, such as revenue from products and services with a remaining service or storage component, including cord blood processing and storage. For these arrangements, the revenue is allocated to each of the deliverables based upon their relative selling prices as determined by a selling-price hierarchy. A deliverable in an arrangement qualifies as a separate unit of accounting if the delivered item has value to the customer on a stand-alone basis. A delivered item that does not qualify as a separate unit of accounting is combined with the other undelivered items in the arrangement and revenue is recognized for those combined deliverables as a single unit of accounting. The selling price used for each deliverable is based upon vendor-specific objective evidence ("VSOE") if such evidence is available, third-party evidence ("TPE") if VSOE is not available, and management's best estimate of selling price ("BESP") if neither VSOE nor TPE are available. TPE is the price of the Company's or any competitor's largely interchangeable products or services in stand-alone sales to similarly-situated customers. BESP is the price at which the Company would sell the deliverable if it were sold regularly on a stand-alone basis, considering market conditions and entity-specific factors.

Revenue from software licenses and services was 5% of the Company's total revenue for each of fiscal years 2015, 2014 and 2013. The Company sells its software licenses with maintenance services and, in some cases, also with consulting services. For the undelivered elements, the Company determines VSOE of fair value to be the price charged when the undelivered element is sold separately. The Company determines VSOE for maintenance sold in connection with a software license based on the amount that will be separately charged for the maintenance renewal period. The Company determines VSOE for consulting services by reference to the amount charged for similar engagements when a software license sale is not involved.

The Company recognizes revenue from software licenses sold together with maintenance and/or consulting services upon shipment using the residual method, provided that the above criteria have been met. If VSOE of fair value for the undelivered elements cannot be established, the Company defers all revenue from the arrangement until the earlier of the point at which such sufficient VSOE does exist or all elements of the arrangement have been delivered, or if the only undelivered element is maintenance, then the Company recognizes the entire fee ratably over the maintenance period.

The Company recognizes revenue from the grant of certain intellectual property rights for patented technologies it owns. These rights typically include a combination of the following: the grant of a non-exclusive, retroactive and future license to patented technologies, a covenant-not-to-sue, the release of the licensee from certain claims, and the dismissal of any pending litigation. The intellectual property rights granted may be perpetual in nature, extending until the expiration of the related patents, or can be granted for a defined timeframe. For these arrangements, the revenue is allocated to each of the deliverables based upon their relative selling prices as determined by the selling-price hierarchy. In the case where the agreement includes the dismissal of any pending litigation, the Company allocates between revenue and litigation settlement using the residual method. The Company recognizes revenue when the earnings process is complete and upon the execution of the agreement, when collectability is reasonably assured, or upon receipt of the minimum upfront fee for term agreement renewals, and when all other revenue recognition criteria have been met.

Service revenues represent the Company’s service offerings including service contracts, field service including related time and materials, diagnostic testing, cord blood processing and storage, and training. Service revenues are recognized as the service is performed. Revenues for service contracts and storage contracts are recognized over the contract period.

The Company sells products and accessories predominantly through its direct sales force. As a result, the use of distributors is generally limited to geographic regions where the Company has no direct sales force. The Company does not offer product return or exchange rights (other than those relating to defective goods under warranty) or price protection allowances to its customers, including its distributors. Payment terms granted to distributors are the same as those granted to end-user customers and payments are not dependent upon the distributors’ receipt of payment from their end-user customers. Sales incentives related to distributor revenue are also the same as those for end-user customers.

Warranty Costs:    The Company provides for estimated warranty costs for products at the time of their sale. Warranty liabilities are estimated using expected future repair costs based on historical labor and material costs incurred during the warranty period.

Shipping and Handling Costs:    The Company reports shipping and handling revenue in revenue, to the extent they are billed to customers, and the associated costs in cost of product revenue.

Inventories:    Inventories, which include material, labor and manufacturing overhead, are valued at the lower of cost or market. Inventories are accounted for using the first-in, first-out method of determining inventory costs. Inventory quantities on-hand are regularly reviewed, and where necessary, provisions for excess and obsolete inventory are recorded based primarily on the Company’s estimated forecast of product demand and production requirements.

Income Taxes:    The Company uses the asset and liability method of accounting for income taxes. Under the asset and liability method, deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. This method also requires the recognition of future tax benefits such as net operating loss carryforwards, to the extent that realization of such benefits is more likely than not. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. A valuation allowance is established for any deferred tax asset for which realization is not more likely than not. With respect to earnings expected to be indefinitely reinvested offshore, the Company does not accrue tax for the repatriation of such foreign earnings.

The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. These reserves are based on a determination of whether and how much of a tax benefit taken by the Company in its tax filings or positions is more likely than not to be realized following resolution of any potential contingencies present related to the tax benefit. Potential interest and penalties associated with such uncertain tax positions is recorded as a component of income tax expense. See Note 6, below, for additional details.

Property, Plant and Equipment:    The Company depreciates property, plant and equipment using the straight-line method over its estimated useful lives, which generally fall within the following ranges: buildings- 10 to 40 years; leasehold improvements-estimated useful life or remaining term of lease, whichever is shorter; and machinery and equipment- 3 to 7 years. Certain tooling costs are capitalized and amortized over a 3-year life, while repairs and maintenance costs are expensed.

Asset Retirement Obligations:    The Company records obligations associated with its lease obligations, the retirement of tangible long-lived assets and the associated asset retirement costs in accordance with authoritative guidance on asset retirement obligations. The Company reviews legal obligations associated with the retirement of long-lived assets that result from contractual obligations or the acquisition, construction, development and/or normal use of the assets. If it is determined that a legal obligation exists, regardless of whether the obligation is conditional on a future event, the fair value of the liability for an asset retirement obligation is recognized in the period in which it is incurred, if a reasonable estimate of fair value can be made. The fair value of the liability is added to the carrying amount of the associated asset, and this additional carrying amount is depreciated over the life of the asset. The difference between the gross expected future cash flow and its present value is accreted over the life of the related lease as interest expense. The amounts recorded in the consolidated financial statements are not material to any year presented.

Pension and Other Postretirement Benefits:    The Company sponsors both funded and unfunded U.S. and non-U.S. defined benefit pension plans and other postretirement benefits. The Company immediately recognizes actuarial gains and losses in operating results in the year in which the gains and losses occur. Actuarial gains and losses are measured annually as of the calendar month-end that is closest to the Company's fiscal year end and accordingly will be recorded in the fourth quarter, unless the Company is required to perform an interim remeasurement. The remaining components of pension expense, primarily service and interest costs and assumed return on plan assets, are recorded on a quarterly basis. The Company’s funding policy provides that payments to the U.S. pension trusts shall at least be equal to the minimum funding requirements of the Employee Retirement Income Security Act of 1974. Non-U.S. plans are accrued for, but generally not fully funded, and benefits are paid from operating funds.

Translation of Foreign Currencies:    For foreign operations, asset and liability accounts are translated at current exchange rates; income and expenses are translated using weighted average exchange rates for the reporting period. Resulting translation adjustments, as well as translation gains and losses from certain intercompany transactions considered permanent in nature, are reported in accumulated other comprehensive (loss) income, a separate component of stockholders’ equity. Gains and losses arising from transactions and translation of period-end balances denominated in currencies other than the functional currency are included in other expense, net.

Business Combinations:    Business combinations are accounted for at fair value. Acquisition costs are expensed as incurred and recorded in selling, general and administrative expenses; previously held equity interests are valued at fair value upon the acquisition of a controlling interest; in-process research and development (“IPR&D”) is recorded at fair value as an intangible asset at the acquisition date; restructuring costs associated with a business combination are expensed subsequent to the acquisition date; and changes in deferred tax asset valuation allowances and income tax uncertainties after the acquisition date affect income tax expense. Measurement period adjustments are made in the period in which the amounts are determined and the current period income effect of such adjustments will be calculated as if the adjustments had been completed as of the acquisition date. All changes that do not qualify as measurement period adjustments are also included in current period earnings. The accounting for business combinations requires estimates and judgment as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair value for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed, including contingent consideration, are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. If the actual results differ from the estimates and judgments used in these estimates, the amounts recorded in the financial statements could result in a possible impairment of the intangible assets and goodwill, require acceleration of the amortization expense of finite-lived intangible assets, or the recognition of additional consideration which would be expensed.

Goodwill and Other Intangible Assets:    The Company’s intangible assets consist of (i) goodwill, which is not being amortized; (ii) indefinite lived intangibles, which consist of a trade name that is not subject to amortization; and (iii) amortizing intangibles, which consist of patents, trade names and trademarks, licenses, customer relationships, and purchased technologies, which are being amortized over their estimated useful lives.

The process of testing goodwill for impairment involves the determination of the fair value of the applicable reporting units. The test consists of a two-step process. The first step is the comparison of the fair value to the carrying value of the reporting unit to determine if the carrying value exceeds the fair value. The second step measures the amount of an impairment loss, and is only performed if the carrying value exceeds the fair value of the reporting unit. This annual impairment assessment is performed by the Company on the later of January 1 or the first day of each fiscal year. This same impairment test will be performed at other times during the course of the year, should an event occur which suggests that the recoverability of goodwill should be reconsidered. Non-amortizing intangibles are also subject to an annual impairment test. The impairment test consists of a comparison of the fair value of the non-amortizing intangible asset with its carrying amount. If the carrying amount of a non-amortizing intangible asset exceeds its fair value, an impairment loss in an amount equal to that excess is recognized. In addition, the Company evaluates the remaining useful life of its non-amortizing intangible assets at least annually to determine whether events or circumstances continue to support an indefinite useful life. If events or circumstances indicate that the useful lives of non-amortizing intangible assets are no longer indefinite, the assets will be tested for impairment. These intangible assets will then be amortized prospectively over their estimated remaining useful life and accounted for in the same manner as other intangible assets that are subject to amortization. Recoverability of amortizing intangible assets is assessed only when events have occurred that may give rise to impairment. When a potential impairment has been identified, forecasted undiscounted net cash flows of the operations to which the asset relates are compared to the current carrying value of the long-lived assets present in that operation. If such cash flows are less than such carrying amounts, long-lived assets, including such intangibles, are written down to their respective fair values. See Note 12, below, for additional details.

Stock-Based Compensation:    The Company accounts for stock-based compensation expense based on estimated grant date fair value, generally using the Black-Scholes option-pricing model. The fair value is recognized, net of estimated forfeitures, as expense in the consolidated financial statements over the requisite service period. The determination of fair value and the timing of expense using option pricing models such as the Black-Scholes model require the input of highly subjective assumptions, including the expected term and the expected price volatility of the underlying stock. The Company estimates the expected term assumption based on historical experience. In determining the Company’s expected stock price volatility assumption, the Company reviews both the historical and implied volatility of the Company’s common stock, with implied volatility based on the implied volatility of publicly traded options on the Company’s common stock. The Company has one stock-based compensation plan from which it makes grants, which is described more fully in Note 18, below.

Marketable Securities and Investments:    The cost of securities sold is based on the specific identification method. If securities are classified as available for sale, the Company records these investments at their fair values with unrealized gains and losses included in accumulated other comprehensive (loss) income. Under the cost method of accounting, equity investments in private companies are carried at cost and are adjusted for other-than-temporary declines in fair value, additional investments or distributions.

Cash and Cash Equivalents:    The Company considers all highly liquid unrestricted instruments with a purchased maturity of three months or less to be cash equivalents. The carrying amount of cash equivalents approximates fair value due to the short maturities of these instruments.

Environmental Matters:    The Company accrues for costs associated with the remediation of environmental pollution when it is probable that a liability has been incurred and the Company’s proportionate share of the amount can be reasonably estimated. The recorded liabilities have not been discounted.

Research and Development:    Research and development costs are expensed as incurred. The fair value of acquired IPR&D costs are recorded at fair value as an intangible asset at the acquisition date and amortized once the product is ready for sale or expensed if abandoned.

Restructuring Charges:    In recent fiscal years, the Company has undertaken a series of restructuring actions related to the impact of acquisitions and divestitures, the alignment of its operations with its growth strategy, the integration of its business units and productivity initiatives. In connection with these initiatives, the Company has recorded restructuring charges, as more fully described in Note 4, below. Generally, costs associated with an exit or disposal activity are recognized when the liability is incurred. Prior to recording restructuring charges for employee separation agreements, the Company notifies all employees of termination. Costs related to employee separation arrangements requiring future service beyond a specified minimum retention period are recognized over the service period. Costs related to lease terminations are recorded at the fair value of the liability based on the remaining lease rental payments, reduced by estimated sublease rentals that could be reasonably obtained for the property, at the date the Company ceases use.

Comprehensive Income:    Comprehensive income is defined as net income or loss and other changes in stockholders’ equity from transactions and other events from sources other than stockholders. Comprehensive income is reflected in the consolidated statements of comprehensive income.

Derivative Instruments and Hedging:    Derivatives are recorded on the consolidated balance sheets at fair value. Accounting for gains or losses resulting from changes in the values of those derivatives depends on the use of the derivative instrument and whether it qualifies for hedge accounting.

For a cash flow hedge, the effective portion of the derivative’s gain or loss is initially reported as a component of other comprehensive income and subsequently amortized into net earnings when the hedged exposure affects net earnings. Cash flow hedges related to anticipated transactions are designated and documented at the inception of each hedge by matching the terms of the contract to the underlying transaction. The Company classifies the cash flows from hedging transactions in the same categories as the cash flows from the respective hedged items. Once established, cash flow hedges are generally recorded in other comprehensive income, unless an anticipated transaction is no longer likely to occur, and subsequently amortized into net earnings when the hedged exposure affects net earnings. Discontinued or dedesignated cash flow hedges are immediately settled with counterparties, and the related accumulated derivative gains or losses are recognized into net earnings on the consolidated financial statements. Settled cash flow hedges related to forecasted transactions that remain probable are recorded as a component of other comprehensive (loss) income and are subsequently amortized into net earnings when the hedged exposure affects net earnings. Forward contract effectiveness for cash flow hedges is calculated by comparing the fair value of the contract to the change in value of the anticipated transaction using forward rates on a monthly basis. The Company also has entered into other foreign currency forward contracts that are not designated as hedging instruments for accounting purposes. These contracts are recorded at fair value, with the changes in fair value recognized into interest and other expense, net on the consolidated financial statements.

Recently Issued Accounting Pronouncements:    From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (the "FASB") and are adopted by the Company as of the specified effective dates. Unless otherwise discussed, such pronouncements did not have or will not have a significant impact on the Company’s consolidated financial position, results of operations and cash flows or do not apply to the Company’s operations.

In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. The provisions of this guidance are effective for annual periods beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. The Company is evaluating the requirements of this guidance and has not yet determined the impact of the adoption on its consolidated financial position, results of operations and cash flows.

In November 2015, the FASB issued Accounting Standards Update No. 2015-17, Balance Sheet Classification of Deferred Taxes ("ASU No. 2015-17"). Under this new guidance, companies are required to present deferred tax assets and deferred tax liabilities, and any related valuation allowances, as noncurrent on the company's consolidated balance sheet. The provisions of this guidance can be applied prospectively or retrospectively and are effective for interim and annual periods beginning after December 15, 2016, with early adoption permitted. During fiscal year 2015, the Company early adopted the new guidance on a prospective basis and has presented all deferred tax assets and deferred tax liabilities as noncurrent in the consolidated balance sheet at January 3, 2016. If the Company elected to adopt the standard on a retrospective basis, current deferred tax assets of $62.0 million would have been classified as noncurrent at December 28, 2014.

In September 2015, the FASB issued Accounting Standards Update No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments ("ASU No. 2015-16"). Under this new guidance, an acquirer should recognize adjustments to provisional amounts for items in a business combination that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The acquirer should record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The provisions of this guidance are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. During the third quarter of fiscal year 2015, the Company early adopted the new guidance and adjusted the provisional amounts recorded for acquisitions in which the purchase accounting allocations were preliminary. During fiscal year 2015, there was an immaterial impact on the current period net income as a result of the change to the provisional amounts for items that would have been recognized in previous periods if the adjustments to provisional amounts had been recognized as of the acquisition date. See Note 2, below, for additional details.

In July 2015, the FASB issued Accounting Standards Update No. 2015-11, Simplifying the Measurement of Inventory. Under this new guidance, companies that use inventory measurement methods other than last-in, first-out or the retail inventory method should measure inventory at the lower of cost and net realizable value. The provisions of this guidance are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2016, with early adoption permitted. The Company is evaluating the requirements of this guidance. The adoption is not expected to have a material impact on the Company’s consolidated financial position, results of operations and cash flows.

In April 2015, the FASB issued Accounting Standards Update No. 2015-04, Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets. Under this new guidance, an entity with a fiscal year-end that does not coincide with a calendar month-end (for example an entity that has a 52/53 week fiscal year) has the ability, as a practical expedient, to measure its defined benefit retirement obligations and related plan assets as of the month-end that is closest to its fiscal year end. The provisions of this guidance should be applied prospectively. During fiscal year 2015, the Company early adopted the new guidance. The adoption did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.

In April 2015, the FASB issued Accounting Standards Update No. 2015-03, Interest - Imputation of Interest - Simplifying the Presentation of Debt Issuance Costs. Under this new guidance, debt issuance costs related to a recognized debt liability should be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The provisions of this guidance are to be applied retrospectively and are effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. The Company early adopted this guidance in the fourth quarter of fiscal year 2015. The consolidated balance sheet as of December 28, 2014, included in these consolidated financial statements, reflects a restatement to reclassify unamortized debt issuance costs of $6.5 million from other long-term assets to long-term debt. For debt issuance costs paid to secure revolving credit facilities, the Company made a policy election to present such costs as a direct deduction from the debt liability on the consolidated balance sheet.

In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. Under this new guidance, an entity should use a five-step process to recognize revenue, depicting the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard also requires new disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Subsequent to the issuance of the standard, the FASB decided to defer the effective date for one year to annual periods beginning after December 15, 2017, with early adoption permitted for annual periods beginning after December 15, 2016. The standard may be adopted either using a full retrospective approach or a modified retrospective approach. The Company is evaluating the requirements of this guidance and has not yet determined the transition method to use or the impact of its adoption on the Company’s consolidated financial position, results of operations and cash flows. The Company does not intend to early adopt this standard.

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Business Combinations and Asset Purchases

12 Months Ended

Jan. 03, 2016

Business Combinations [Abstract]

Business Combinations and Asset Purchases

Business Combinations

Acquisitions in fiscal year 2015

During fiscal year 2015, the Company completed the acquisition of five businesses for a total consideration of $77.1 million in cash. The acquired businesses included Vanadis Diagnostics AB (“Vanadis”), which was acquired for total consideration of $35.1 million in cash, as further described in Note 21 below, and other acquisitions for an aggregate consideration of $42.0 million in cash. The Company has a potential obligation to pay the shareholders of Vanadis additional contingent consideration of up to $93.0 million, which at closing had an estimated fair value of $56.9 million. The excess of the purchase prices over the fair values of each of the acquired businesses' net assets represents cost and revenue synergies specific to the Company, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, of which $9.2 million is tax deductible. The Company has reported the operations for all of these acquisitions within the results of the Company’s Human Health and Environmental Health segments from the acquisition dates. Identifiable definite-lived intangible assets, such as core technology and trade names, acquired as part of this acquisition had weighted average amortization periods of 9 years.

The total purchase price for the acquisitions in fiscal year 2015 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	2015 Acquisitions
	(Preliminary)
	(In thousands)
Fair value of business combination:
Cash payments	$	75,285
Contingent consideration	56,878
Working capital and other adjustments	1,832
Less: cash acquired	(3,864		)
Total	$	130,131
Identifiable assets acquired and liabilities assumed:
Current assets	$	2,551
Property, plant and equipment	998
Identifiable intangible assets:
Core technology	15,759
Trade names	200
Licenses	116
Customer relationships	3,073
IPR&D	75,700
Goodwill	51,356
Deferred taxes	(16,772		)
Liabilities assumed	(2,850		)
Total	$	130,131

Acquisitions in fiscal year 2014

Acquisition of Perten Instruments Group AB. In December 2014, the Company acquired all of the outstanding stock of Perten Instruments Group AB ("Perten"). Perten is a provider of analytical instruments and services for quality control of food, grain, flour and feed. The Company expects this acquisition to enhance its industrial, environmental and safety business by expanding the Company's product offerings to the academic and industrial end markets. The Company paid the shareholders of Perten $269.9 million in cash for the stock of Perten. The excess of the purchase price over the fair value of the acquired net assets represents cost and revenue synergies specific to the Company, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which is tax deductible. The Company has reported the operations for this acquisition within the results of the Company’s Environmental Health segment from the acquisition date. Identifiable definite-lived intangible assets, such as core technology, customer relationships and trade names, acquired as part of this acquisition had weighted average amortization periods of approximately 5 to 10 years.

Other acquisitions in fiscal year 2014. In addition to the Perten acquisition, the Company completed the acquisition of two businesses in fiscal year 2014 for total consideration of $17.6 million in cash and $4.3 million of assumed debt. The excess of the purchase price over the fair value of each of the acquired businesses' net assets represents cost and revenue synergies specific to the Company, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which is tax deductible. The Company reported the operations for these acquisitions within the results of the Human Health and Environmental Health segments from the acquisition dates.

The total purchase price for the acquisitions in fiscal year 2014 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	Perten			2014 Other Acquisitions
	(In thousands)
Fair value of business combination:
Cash payments	$	269,937		$	17,898
Working capital and other adjustments	—			(294		)
Less: cash acquired	(16,732		)	(124		)
Total	$	253,205		$	17,480
Identifiable assets acquired and liabilities assumed:
Current assets	$	32,578		$	1,935
Property, plant and equipment	1,485			125
Other assets	—			364
Identifiable intangible assets:
Core technology	17,000			1,705
Trade names	8,000			—
Customer relationships	87,000			6,800
IPR&D	—			1,266
Goodwill	160,776			15,518
Deferred taxes	(28,612		)	(3,072		)
Deferred revenue	—			(589		)
Liabilities assumed	(17,422		)	(2,285		)
Debt assumed	(7,600		)	(4,287		)
Total	$	253,205		$	17,480

Acquisitions in fiscal year 2013

During fiscal year 2013, the Company completed the acquisition of four businesses for total consideration of $11.4 million, in cash. As of the closing dates, the Company potentially had to pay additional contingent consideration for the four acquired businesses of up to $2.2 million, which at closing had an estimated fair value of $1.1 million. During fiscal year 2014, the Company paid $0.4 million in additional deferred consideration for one of these acquisitions. The excess of the purchase price over the fair value of each of the acquired businesses' net assets represents cost and revenue synergies specific to the Company, as well as non-capitalizable intangible assets, such as the employee workforce acquired, and has been allocated to goodwill, none of which is tax deductible. The Company reported the operations for these acquisitions within the results of the Human Health and Environmental Health segments from the acquisition dates.

The Company does not consider the acquisitions completed during fiscal years 2015, 2014 and 2013 to be material to its consolidated results of operations; therefore, the Company is not presenting pro forma financial information of operations. During fiscal year 2015, the Company recognized $65.7 million of revenue for Perten. The Company has determined that the presentation of the results of operations for each of the other acquisitions, from the date of acquisition, is impracticable due to the integration of the operations upon acquisition.

As of January 3, 2016, the allocations of purchase prices for acquisitions completed in fiscal years 2014 and 2013 were final. The preliminary allocations of the purchase prices for acquisitions completed in fiscal year 2015 were based upon initial valuations. The Company's estimates and assumptions underlying the initial valuations are subject to the collection of information necessary to complete its valuations within the measurement periods, which are up to one year from the respective acquisition dates. The primary areas of the preliminary purchase price allocations that are not yet finalized relate to the fair value of certain tangible and intangible assets acquired and liabilities assumed, assets and liabilities related to income taxes and related valuation allowances, and residual goodwill. The Company expects to continue to obtain information to assist in determining the fair values of the net assets acquired at the acquisition dates during the measurement periods. During the measurement periods, the Company will adjust assets or liabilities if new information is obtained about facts and circumstances that existed as of the acquisition dates that, if known, would have resulted in the recognition of those assets and liabilities as of those dates. With the Company's adoption of ASU No. 2015-16 during fiscal year 2015, these adjustments will be made in the periods in which the amounts are determined and the cumulative effect of such adjustments will be calculated as if the adjustments had been completed as of the acquisition dates. The portion of the adjustment which relates to a prior period should either be presented separately on the consolidated statement of operations or disclosed in the notes to the consolidated financial statements. All changes that do not qualify as adjustments made during the measurement periods are also included in current period earnings.

During fiscal year 2015, the Company obtained information to assist in determining the fair values of certain tangible and intangible assets acquired and liabilities assumed as part of its acquisitions and adjusted its purchase price allocations. Based on this information, for acquisitions completed during fiscal year 2015, the Company recognized a decrease in deferred taxes of $0.5 million, with a corresponding decrease in goodwill. For the Perten acquisition, the Company recognized increases in intangible assets of $2.0 million and liabilities assumed of $1.2 million, which were offset by a decrease in goodwill of $3.4 million, deferred taxes of $2.8 million, and other current assets of $0.2 million. For other acquisitions completed during fiscal year 2014, the Company recognized a decrease in working capital and other adjustments of $0.5 million with a corresponding decrease in goodwill. In addition, during the third quarter of fiscal year 2015, in connection with updating the provisional purchase accounting for the Perten acquisition, the Company adjusted goodwill and intangible assets which had been preliminarily recorded in U.S. dollars to Swedish Krona. This resulted in a decrease in intangible assets and goodwill of $21.4 million and a corresponding increase in other comprehensive loss through increased foreign currency translation adjustments as a result of the change in the exchange rate between the acquisition date and June 28, 2015. Of the $21.4 million decrease, $8.2 million related to changes in the exchange rate from the acquisition date through December 28, 2014. During fiscal year 2015, there was an immaterial impact on the current period net income as a result of the change to the provisional amounts for items that would have been recognized in previous periods if the adjustments to provisional amounts had been recognized as of the acquisition date.

Allocations of the purchase price for acquisitions are based on estimates of the fair value of the net assets acquired and are subject to adjustment upon finalization of the purchase price allocations. The accounting for business combinations requires estimates and judgments as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair values for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed, including contingent consideration, are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. Contingent consideration is measured at fair value at the acquisition date, based on the probability that revenue thresholds or product development milestones will be achieved during the earnout period, with changes in the fair value after the acquisition date affecting earnings to the extent it is to be settled in cash. Increases or decreases in the fair value of contingent consideration liabilities primarily result from changes in the estimated probabilities of achieving revenue thresholds or product development milestones during the earnout period. As of January 3, 2016, the Company may have to pay contingent consideration, related to acquisitions with open contingency periods, of up to $95.4 million. As of January 3, 2016, the Company has recorded contingent consideration obligations of $57.4 million, of which $9.4 million was recorded in accrued expenses and other current liabilities, and $48.0 million was recorded in long-term liabilities. As of December 28, 2014, the Company has recorded contingent consideration obligations of $0.1 million, which was recorded in accrued expenses and other current liabilities. The expected maximum earnout period for acquisitions with open contingency periods does not exceed 6 years from the respective acquisition dates, and the remaining weighted average expected earnout period at January 3, 2016 was 2 years. If the actual results differ from the estimates and judgments used in these fair values, the amounts recorded in the consolidated financial statements could result in a possible impairment of the intangible assets and goodwill, require acceleration of the amortization expense of definite-lived intangible assets or the recognition of additional contingent consideration which would be recognized as a component of operating expenses from continuing operations.

In connection with the purchase price allocations for acquisitions, the Company estimates the fair value of deferred revenue assumed with its acquisitions. The estimated fair value of deferred revenue is determined by the legal performance obligation at the date of acquisition, and is generally based on the nature of the activities to be performed and the related costs to be incurred after the acquisition date. The fair value of an assumed liability related to deferred revenue is estimated based on the current market cost of fulfilling the obligation, plus a normal profit margin thereon. The estimated costs to fulfill the deferred revenue are based on the historical direct costs related to providing the services. The Company does not include any costs associated with selling effort, research and development, or the related margins on these costs. In most acquisitions, profit associated with selling effort is excluded because the acquired businesses would have concluded the selling effort on the support contracts prior to the acquisition date. The estimated research and development costs are not included in the fair value determination, as these costs are not deemed to represent a legal obligation at the time of acquisition. The sum of the costs and operating income approximates, in theory, the amount that the Company would be required to pay a third-party to assume the obligation.

Total transaction costs related to acquisition activities for fiscal years 2015, 2014 and 2013 were $0.7 million, $3.1 million and $0.1 million, respectively. These transaction costs were expensed as incurred and recorded in selling, general and administrative expenses in the Company's consolidated statements of operations.

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Discontinued Operations

12 Months Ended

Jan. 03, 2016

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

As part of the Company’s continuing efforts to focus on higher growth opportunities, the Company has discontinued certain businesses. The Company has accounted for these businesses as discontinued operations and, accordingly, has presented the results of operations and related cash flows as discontinued operations for all periods presented. Any remaining assets and liabilities of these businesses have been presented separately, and are reflected within assets and liabilities from discontinued operations in the accompanying consolidated balance sheets as of January 3, 2016 and December 28, 2014.

In May 2014, the Company’s management approved the shutdown of its microarray-based diagnostic testing laboratory in the United States, which had been reported within the Human Health segment. The Company determined that, with the lack of adequate reimbursement from health care payers, the microarray-based diagnostic testing laboratory in the United States would need significant investment in its operations to reduce costs in order to effectively compete in the market. The shutdown of the microarray-based diagnostic testing laboratory in the United States resulted in a $0.1 million net pre-tax loss primarily related to the disposal of fixed assets, which was partially offset by the sale of a building in fiscal year 2014.

In August 1999, the Company sold the assets of its Technical Service business. The Company recorded pre-tax losses of $0.03 million in fiscal year 2015, $0.2 million in fiscal year 2014 and $2.1 million in fiscal year 2013 for a contingency related to this business. These losses were recognized as a loss on disposition of discontinued operations before income taxes.

During fiscal year 2013, the Company settled various commitments related to the divestiture of other discontinued operations and recognized a pre-tax gain of $0.3 million. This gain was recognized as a gain on disposition of discontinued operations before income taxes.

Summary pre-tax operating results of the discontinued operations, which include the periods prior to disposition and a $1.0 million pre-tax restructuring charge related to workforce reductions in the microarray-based diagnostic testing laboratory in the United States during fiscal year 2014, were as follows during the three fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Revenue	$	98		$	348		$	8,646
Costs and expenses	101			5,307			18,998
Loss from discontinued operations before income taxes	$	(3	)	$	(4,959	)	$	(10,352	)

The Company recorded a tax provision of $0.2 million on discontinued operations and dispositions in fiscal year 2015, a tax benefit of $1.8 million on discontinued operations and dispositions in fiscal year 2014 and a tax benefit of $5.1 million on discontinued operations and dispositions in fiscal year 2013.

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Restructuring and Contract Termination Charges, Net

12 Months Ended

Jan. 03, 2016

Restructuring and Related Activities [Abstract]

Restructuring and Contract Termination Charges, Net

Restructuring and Contract Termination Charges, Net

The Company's management has approved a series of restructuring actions related to the impact of acquisitions and divestitures, the alignment of the Company's operations with its growth strategy, the integration of its business units and productivity initiatives. The current portion of restructuring and contract termination charges is recorded in accrued restructuring and contract termination charges and the long-term portion of restructuring and contract termination charges is recorded in long-term liabilities. The activities associated with these plans have been reported as restructuring and contract termination charges, net, and are included as a component of operating expenses from continuing operations.

The Company implemented restructuring plans in the fourth quarter of fiscal year 2015, the second and first quarters of fiscal year 2014, and the first quarter of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to focus resources on higher growth end markets (the "Q4 2015 Plan", "Q2 2014 Plan", "Q1 2014 Plan" and "Q1 2013 Plan", respectively). The Company implemented restructuring plans in the second quarter of fiscal year 2015 and the third quarter of fiscal year 2014 consisting of workforce reductions principally intended to realign resources to emphasize growth initiatives (the "Q2 2015 Plan" and "Q3 2014 Plan", respectively). The Company implemented restructuring plans in the fourth and third quarters of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to shift certain of the Company's research and development resources into the Company's newly opened Center for Innovation (the "Q4 2013 Plan" and "Q3 2013 Plan", respectively). The Company implemented a restructuring plan in the second quarter of fiscal year 2013 consisting of workforce reductions and the closure of excess facility space principally intended to shift certain of the Company's operations into a newly established shared service center, as well as realign operations, research and development resources, and production resources as a result of previous acquisitions (the "Q2 2013 Plan"). All other previous restructuring plans were workforce reductions or the closure of excess facility space principally intended to integrate the Company's businesses in order to realign operations, reduce costs, achieve operational efficiencies and shift resources into geographic regions and end markets that are more consistent with the Company's growth strategy (the "Previous Plans").

The following table summarizes the number of employees reduced, the initial restructuring or contract termination charges by operating segment, and the dates by which payments were substantially completed, or the expected dates by which payments will be substantially completed, for restructuring actions implemented during fiscal years 2015, 2014 and 2013:

	Workforce Reductions					Closure of Excess Facility				Total		(Expected) Date Payments Substantially Completed by
	Headcount Reduction	Human Health		Environmental Health		Human Health		Environmental Health				Severance	Excess Facility
	(In thousands, except headcount data)
Q4 2015 Plan	174	$	2,230	$	9,065	$	285	$	—	$	11,580	Q1 FY2017	Q4 FY2017
Q2 2015 Plan	97	1,850		4,160		—		—		6,010		Q2 FY2016	—
Q3 2014 Plan	152	7,126		5,925		—		—		13,051		Q4 FY2015	—
Q2 2014 Plan	22	545		190		—		—		735		Q2 FY2015	—
Q1 2014 Plan	17	370		197		—		—		567		Q4 FY2014	—
Q4 2013 Plan	73	955		2,953		7,271		—		11,179		Q4 FY2014	Q1 FY2019
Q3 2013 Plan	29	394		—		138		—		532		Q1 FY2014	Q4 FY2013
Q2 2013 Plan(1)	264	9,523		8,609		522		50		18,704		Q4 FY2014	Q3 FY2014
Q1 2013 Plan	62	2,340		245		—		—		2,585		Q3 FY2013	—

____________________________

⁽¹⁾  Subsequent to the initial charge, during fiscal year 2013, the Company recorded an additional $0.6 million pre-tax restructuring charge in the Human Health segment for the Q2 2013 Plan for services that were provided for one-time termination benefits in which the employee was required to render service beyond the legal notification period.

The Company expects to make payments under the Previous Plans for remaining residual lease obligations, with terms varying in length, through fiscal year 2022.

The Company also has terminated various contractual commitments in connection with certain disposal activities and has recorded charges, to the extent applicable, for the costs of terminating these contracts before the end of their terms and the costs that will continue to be incurred for the remaining terms without economic benefit to the Company. The Company recorded additional pre-tax charges of $0.1 million, $1.5 million and $0.7 million in the Environmental Health segment during fiscal years 2015, 2014 and 2013, respectively, as a result of these contract terminations.

At January 3, 2016, the Company had $22.2 million recorded for accrued restructuring and contract termination charges, of which $17.1 million was recorded in short-term accrued restructuring and $5.1 million was recorded in long-term liabilities. At December 28, 2014, the Company had $23.8 million recorded for accrued restructuring and contract termination charges, of which $17.1 million was recorded in short-term accrued restructuring and $6.7 million was recorded in long-term liabilities. The following table summarizes the Company's restructuring accrual balances and related activity by restructuring plan, as well as contract termination accrual balances and related activity, during fiscal years 2015, 2014 and 2013:

	Balance at December 30, 2012		2013 Charges and Changes in Estimates, Net		2013 Amounts Paid			Balance at December 29, 2013		2014 Charges and Changes in Estimates, Net			2014 Amounts Paid			Balance at December 28, 2014		2015 Charges and Changes in Estimates, Net			2015 Amounts Paid			Balance at January 3, 2016
	(In thousands)
Severance:
Q4 2015 Plan	$	—	$	—	$	—		$	—	$	—		$	—		$	—	$	11,295		$	(925	)	$	10,370
Q2 2015 Plan(1)	—		—		—			—		—			—			—		5,471			(4,322		)	1,149
Q3 2014 Plan(2)	—		—		—			—		13,051			(2,992		)	10,059		(3,064		)	(5,460		)	1,535
Q2 2014 Plan(3)	—		—		—			—		735			(484		)	251		(179		)	(13		)	59
Q1 2014 Plan(4)	—		—		—			—		567			(475		)	92		(92		)	—			—
Facility:
Q4 2015 Plan	—		—		—			—		—			—			—		285			(26		)	259
Previous Plans including 2013 plans(5)	27,151		33,196		(25,112		)	35,235		(2,508		)	(19,603		)	13,124		(209		)	(4,222		)	8,693
Restructuring	27,151		33,196		(25,112		)	35,235		11,845			(23,554		)	23,526		13,507			(14,968		)	22,065
Contract Termination	596		696		(992		)	300		1,545			(1,541		)	304		83			(255		)	132
Total Restructuring and Contract Termination	$	27,747	$	33,892	$	(26,104	)	$	35,535	$	13,390		$	(25,095	)	$	23,830	$	13,590		$	(15,223	)	$	22,197

____________________________

⁽¹⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $0.2 million in the Human Health segment and $0.3 million in the Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q2 2015 Plan.

⁽²⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $1.2 million in the Human Health segment and $1.9 million in the Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q3 2014 Plan.

⁽³⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $0.1 million in each of the Human Health and Environmental Health segments related to lower than expected costs associated with workforce reductions for the Q2 2014 Plan.

⁽⁴⁾  During fiscal year 2015, the Company recognized a pre-tax restructuring reversal of $0.1 million in the Human Health segment related to lower than expected costs associated with workforce reductions for the Q1 2014 Plan.

⁽⁵⁾  During fiscal year 2015, the Company recognized a pre-tax restructuring charge of $1.4 million in the Human Health segment primarily related to higher than expected costs associated with the closure of the excess facility space, which was offset by a pre-tax restructuring reversal of $1.6 million in the Environmental Health segment primarily related to lower than expected costs associated with workforce reductions for the previous restructuring plans. During fiscal year 2014, the Company recognized pre-tax restructuring reversals of $0.8 million in the Human Health segment and $1.7 million in the Environmental Health segment primarily related to lower than expected costs associated with workforce reductions, which was partially offset by higher than expected costs associated with the closure of the excess facility space for the previous restructuring plans.

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Interest and Other Expense (Income), Net

12 Months Ended

Jan. 03, 2016

Other Income and Expenses [Abstract]

Interest and Other Expense (Income), Net

Interest and Other Expense, Net

Interest and other expense, net, consisted of the following for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Interest income	$	(673	)	$	(667	)	$	(650	)
Interest expense	37,997			36,270			49,924
Other expense, net	4,795			5,536			14,836
Total interest and other expense, net	$	42,119		$	41,139		$	64,110

In December 2013, the Company redeemed all of its 6% senior unsecured notes due in 2015 (the “2015 Notes”) for a redemption price that included the outstanding principal amount of $150.0 million and a prepayment premium of $11.1 million, which is included in other expense, net. The transaction also resulted in the write-off of $2.8 million for the remaining unamortized derivative losses for previously settled cash flow hedges and the write-off of $0.2 million for the remaining deferred debt issuance costs. Both of these amounts are included in interest expense.

Foreign currency transaction losses were $25.5 million, $5.5 million and $4.7 million in fiscal years 2015, 2014 and 2013, respectively. Net gains from forward currency hedge contracts were $20.8 million, $0.2 million and $1.4 million in fiscal years 2015, 2014 and 2013, respectively. These amounts were included in other expense, net.

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Income Taxes

12 Months Ended

Jan. 03, 2016

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

The Company regularly reviews its tax positions in each significant taxing jurisdiction in the process of evaluating its unrecognized tax benefits. The Company makes adjustments to its unrecognized tax benefits when: (i) facts and circumstances regarding a tax position change, causing a change in management’s judgment regarding that tax position; (ii) a tax position is effectively settled with a tax authority at a differing amount; and/or (iii) the statute of limitations expires regarding a tax position.

The tabular reconciliation of the total amounts of unrecognized tax benefits is as follows for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Unrecognized tax benefits, beginning of year	$	32,342		$	39,410		$	58,110
Gross increases—tax positions in prior periods	325			—			325
Gross decreases—tax positions in prior periods	(2,305		)	(1,809		)	(10,539		)
Gross increases—current-period tax positions	—			239			2,222
Settlements	(441		)	(1,400		)	(3,643		)
Lapse of statute of limitations	(1,077		)	(4,129		)	(6,495		)
Foreign currency translation adjustments	(701		)	31			(570		)
Unrecognized tax benefits, end of year	$	28,143		$	32,342		$	39,410

The Company classifies interest and penalties as a component of income tax expense. At January 3, 2016, the Company had accrued interest and penalties of $2.1 million and $0.1 million, respectively. At December 28, 2014, the Company had accrued interest and penalties of $3.4 million and $0.2 million, respectively. During fiscal year 2015, the Company recognized a net benefit of $1.5 million for interest and a benefit of $0.1 million for penalties in its total tax provision primarily due to settlements and statutes of limitations that had lapsed. During fiscal year 2014, the Company recognized a net benefit of $0.7 million for interest and a benefit of $0.2 million for penalties in its total tax provision primarily due to settlements and statutes of limitations that had lapsed. During fiscal year 2013, the Company recognized a benefit of $3.9 million for interest and a benefit of $3.7 million for penalties in its total tax provision due to settlements and statutes of limitations that had lapsed. At January 3, 2016, the Company had gross tax effected unrecognized tax benefits of $28.1 million, of which $24.3 million, if recognized, would affect the continuing operations effective tax rate. The remaining amount, if recognized, would affect discontinued operations.

The Company believes that it is reasonably possible that approximately $5.7 million of its uncertain tax positions at January 3, 2016, including accrued interest and penalties, and net of tax benefits, may be resolved over the next twelve months as a result of lapses in applicable statutes of limitations and potential settlements. Various tax years after 2009 remain open to examination by certain jurisdictions in which the Company has significant business operations, such as Finland, Germany, Italy, Netherlands, Singapore, the United Kingdom and the United States. The tax years under examination vary by jurisdiction.

During fiscal years 2015, 2014 and 2013, the Company recorded net discrete income tax benefits of $7.2 million, $7.0 million and $24.0 million, respectively, primarily for reversals of uncertain tax position reserves and resolution of other tax matters.

The components of income (loss) from continuing operations before income taxes were as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014			December 29, 2013
	(In thousands)
U.S.	$	3,160	$	(37,758	)	$	(71,901	)
Non-U.S.	240,855		207,361			235,585
Total	$	244,015	$	169,603		$	163,684

On a U.S. income tax basis, the Company has reported significant taxable income over the three year period ended January 3, 2016. The Company has utilized tax attributes to minimize cash taxes paid on that taxable income.

The components of the provision for (benefit from) income taxes for continuing operations were as follows:

	Current Expense (Benefit)			Deferred Expense (Benefit)			Total
	(In thousands)
Fiscal year ended January 3, 2016
Federal	$	(5,532	)	$	(1,799	)	$	(7,331	)
State	3,112			(2,492		)	620
Non-U.S.	40,318			(2,280		)	38,038
Total	$	37,898		$	(6,571	)	$	31,327
Fiscal year ended December 28, 2014
Federal	$	(262	)	$	(19,169	)	$	(19,431	)
State	2,416			(3,842		)	(1,426		)
Non-U.S.	39,634			(10,340		)	29,294
Total	$	41,788		$	(33,351	)	$	8,437
Fiscal year ended December 29, 2013
Federal	$	2,331		$	(29,961	)	$	(27,630	)
State	1,968			(2,147		)	(179		)
Non-U.S.	15,025			2,201			17,226
Total	$	19,324		$	(29,907	)	$	(10,583	)

The total provision for (benefit from) income taxes included in the consolidated financial statements is as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014			December 29, 2013
	(In thousands)
Continuing operations	$	31,327	$	8,437		$	(10,583	)
Discontinued operations	232		(1,831		)	(5,107		)
Total	$	31,559	$	6,606		$	(15,690	)

A reconciliation of income tax expense at the U.S. federal statutory income tax rate to the recorded tax provision is as follows for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Tax at statutory rate	$	85,405		$	59,361		$	57,289
Non-U.S. rate differential, net	(51,814		)	(36,616		)	(36,377		)
U.S. taxation of multinational operations	1,732			2,367			3,658
State income taxes, net	649			1,970			(1,762		)
Prior year tax matters	(7,202		)	(7,009		)	(23,534		)
Federal tax credits	(2,295		)	(3,399		)	(5,452		)
Change in valuation allowance	2,593			(7,679		)	(4,675		)
Other, net	2,259			(558		)	270
Total	$	31,327		$	8,437		$	(10,583	)

The Company’s provision for (benefit from) income taxes for fiscal years 2015, 2014 and 2013 included $8.3 million, $7.1 million and $7.4 million, respectively, of benefits derived from tax holidays in China and Singapore. The tax holidays in China and Singapore are scheduled to expire in fiscal years 2017 and 2018, respectively.

The tax effects of temporary differences and attributes that gave rise to deferred income tax assets and liabilities as of January 3, 2016 and December 28, 2014 were as follows:

	January 3, 2016			December 28, 2014
	(In thousands)
Deferred tax assets:
Inventory	$	9,887		$	9,041
Reserves and accruals	29,137			30,641
Accrued compensation	23,620			22,915
Net operating loss and credit carryforwards	100,336			106,020
Accrued pension	34,736			44,342
Restructuring reserve	6,362			7,522
Deferred revenue	40,065			46,413
All other, net	—			824
Total deferred tax assets	244,143			267,718
Deferred tax liabilities:
Postretirement health benefits	(4,202		)	(4,472		)
Depreciation and amortization	(140,091		)	(176,043		)
Total deferred tax liabilities	(144,293		)	(180,515		)
Valuation allowance	(67,400		)	(55,460		)
Net deferred tax assets	$	32,450		$	31,743

At January 3, 2016, for income tax return purposes the Company had U.S. federal net operating loss carryforwards of $36.3 million, state net operating loss carryforwards of $226.4 million, foreign net operating loss carryforwards of $199.5 million, state tax credit carryforwards of $10.7 million, general business tax credit carryforwards of $32.1 million, and foreign tax credit carryforwards of $13.0 million. These are subject to expiration in years ranging from 2016 to 2034, and without expiration for certain foreign net operating loss carryforwards and certain state credit carryforwards.

U.S. federal tax credits of $15.0 million created by excess tax benefits from the exercise of stock options or the vesting of RSUs are not recorded as deferred income tax assets. To the extent such tax attributes are utilized, the benefit realized will increase stockholders’ equity. At January 3, 2016, excess tax benefits from the exercise of stock options of $2.4 million was recognized in stockholders’ equity.

Valuation allowances take into consideration limitations imposed upon the use of the tax attributes and reduce the value of such items to the likely net realizable amount. The Company regularly evaluates positive and negative evidence available to determine if valuation allowances are required or if existing valuation allowances are no longer required. Valuation allowances have been provided on state net operating loss and state tax credit carryforwards and on certain foreign tax attributes that the Company has determined are not more likely than not to be realized. The increase in the valuation allowance in fiscal year 2015 is primarily due to an increase in tax attributes that the Company does not expect to realize for two of its non-U.S. subsidiaries.

During fiscal year 2015, the Company adopted ASU No. 2015-17 and has presented all deferred tax assets and deferred tax liabilities as noncurrent in the consolidated balance sheet at January 3, 2016. The financial position for the period ending December 28, 2014 has not been retrospectively adjusted. Current deferred tax assets of $62.0 million were included in other current assets at December 28, 2014.

The components of net deferred tax assets (liabilities) as of January 3, 2016 and December 28, 2014 were as follows:

	January 3, 2016			December 28, 2014
	(In thousands)
U.S.	$	54,411		$	44,073
Non-U.S.	(21,961		)	(12,330		)
Total	$	32,450		$	31,743

Taxes have not been provided on unremitted earnings of international subsidiaries that the Company considers indefinitely reinvested because the Company plans to keep these amounts indefinitely reinvested overseas except for instances where the Company can remit such earnings to the U.S. without an associated net tax cost. The Company's indefinite reinvestment determination is based on the future operational and capital requirements of its U.S. and non-U.S. operations. As of January 3, 2016, the amount of foreign earnings that the Company has the intent and ability to keep invested outside the U.S. indefinitely and for which no U.S. tax cost has been provided was approximately $859.0 million. It is not practical to calculate the unrecognized deferred tax liability on those earnings.

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Earnings Per Share

12 Months Ended

Jan. 03, 2016

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

Basic earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding during the period less restricted unvested shares. Diluted earnings per share was computed by dividing net income by the weighted-average number of common shares outstanding plus all potentially dilutive common stock equivalents, primarily shares issuable upon the exercise of stock options using the treasury stock method. The following table reconciles the number of shares utilized in the earnings per share calculations for the fiscal years ended:

	January 3, 2016	December 28, 2014	December 29, 2013
	(In thousands)
Number of common shares—basic	112,507	112,593	112,254
Effect of dilutive securities:
Stock options	621	922	982
Restricted stock awards	187	224	267
Number of common shares—diluted	113,315	113,739	113,503
Number of potentially dilutive securities excluded from calculation due to antidilutive impact	607	475	485

Antidilutive securities include outstanding stock options with exercise prices and average unrecognized compensation cost in excess of the average fair market value of common stock for the related period. Antidilutive options were excluded from the calculation of diluted net income per share and could become dilutive in the future.

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Accounts Receivable, Net

12 Months Ended

Jan. 03, 2016

Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]

Accounts Receivable, Net

Accounts Receivable, Net

Accounts receivable were net of reserves for doubtful accounts of $29.9 million and $32.9 million as of January 3, 2016 and December 28, 2014, respectively.

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Inventories, Net

12 Months Ended

Jan. 03, 2016

Inventory Disclosure [Abstract]

Inventories, Net

Inventories

Inventories as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Raw materials	$	98,984	$	96,169
Work in progress	17,858		18,783
Finished goods	171,186		170,505
Total inventories	$	288,028	$	285,457

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Property, Plant and Equipment, Net

12 Months Ended

Jan. 03, 2016

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net

Property, plant and equipment, at cost, as of January 3, 2016 and December 28, 2014, consisted of the following:

	January 3, 2016			December 28, 2014
	(In thousands)
Land	$	802		$	906
Building and leasehold improvements	177,587			175,040
Machinery and equipment	316,567			316,868
Total property, plant and equipment	494,956			492,814
Accumulated depreciation	(327,927		)	(316,620		)
Total property, plant and equipment, net	$	167,029		$	176,194

Depreciation expense on property, plant and equipment for the fiscal years ended January 3, 2016, December 28, 2014 and December 29, 2013 was $33.4 million, $33.3 million and $37.6 million, respectively.

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Marketable Securities and Investments

12 Months Ended

Jan. 03, 2016

Marketable Securities [Abstract]

Marketable Securities and Investments

Marketable Securities and Investments

Investments as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Marketable securities	$	1,586	$	1,568

Marketable securities include equity and fixed-income securities held to meet obligations associated with the Company’s supplemental executive retirement plan and other deferred compensation plans. The Company has, accordingly, classified these securities as long-term.

The net unrealized holding gain and loss on marketable securities, net of deferred income taxes, reported as a component of other comprehensive (loss) income in stockholders’ equity, was a $0.3 millionloss in fiscal year 2015 and a $0.01 milliongain in fiscal year 2014. The proceeds from the sales of securities and the related gains and losses are not material for any period presented.

Marketable securities classified as available for sale as of January 3, 2016 and December 28, 2014 consisted of the following:

	Market		Gross Unrealized Holding
	Value		Cost		Gains		(Losses)
			(In thousands)
January 3, 2016
Equity securities	$	908	$	1,299	$	—	$	(391	)
Fixed-income securities	57		57		—		—
Other	621		822		—		(201		)
	$	1,586	$	2,178	$	—	$	(592	)
December 28, 2014
Equity securities	$	1,002	$	1,110	$	7	$	(115	)
Fixed-income securities	88		88		—		—
Other	478		541		—		(63		)
	$	1,568	$	1,739	$	7	$	(178	)

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Goodwill and Intangible Assets, Net

12 Months Ended

Jan. 03, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets, Net

Goodwill and Intangible Assets, Net

The Company tests goodwill and non-amortizing intangible assets at least annually for possible impairment. Accordingly, the Company completes the annual testing of impairment for goodwill and non-amortizing intangible assets on the later of January 1 or the first day of each fiscal year. In addition to its annual test, the Company regularly evaluates whether events or circumstances have occurred that may indicate a potential impairment of goodwill or non-amortizing intangible assets.

The process of testing goodwill for impairment involves the determination of the fair value of the applicable reporting units. The test consists of a two-step process. The first step is the comparison of the fair value to the carrying value of the reporting unit to determine if the carrying value exceeds the fair value. The second step measures the amount of an impairment loss, and is only performed if the carrying value exceeds the fair value of the reporting unit. The Company performed its annual impairment testing for its reporting units as of January 1, 2015, its annual impairment date for fiscal year 2015. The Company concluded based on the first step of the process that there was no goodwill impairment, and the fair value exceeded the carrying value by more than 20.0% for each reporting unit, with the exception of the Perten reporting unit in which its fair value approximated carrying value, as expected based on the recent acquisition date. The long-term terminal growth rate for the Company’s reporting units was 3.0% for the fiscal year 2015 impairment analysis. The range for the discount rates for the reporting units was 9.5% to 12.5%. Keeping all other variables constant, a 10.0% change in any one of the input assumptions for the various reporting units would still allow the Company to conclude, based on the first step of the process, that there was no impairment of goodwill.

As discussed in Note 23, the Company realigned its organization at the beginning of fiscal year 2015, which resulted in a change in the composition of the Company's reportable segments. OneSource, the Company's multivendor laboratory service business that serves the life sciences end market, was moved from the Environmental Health segment into the Human Health segment. As a result of the realignment, the Company reallocated goodwill from the Environmental Health segment to the Human Health segment based on the relative fair value, determined using the income approach, of the OneSource laboratory service business within the historical Environmental Health segment. The realignment resulted in $41.2 million of goodwill being reallocated from the Environmental Health segment to the Human Health segment, as of December 28, 2014.

The Company has consistently employed the income approach to estimate the current fair value when testing for impairment of goodwill. A number of significant assumptions and estimates are involved in the application of the income approach to forecast operating cash flows, including markets and market share, sales volumes and prices, costs to produce, tax rates, capital spending, discount rates and working capital changes. Cash flow forecasts are based on approved business unit operating plans for the early years’ cash flows and historical relationships in later years. The income approach is sensitive to changes in long-term terminal growth rates and the discount rates. The long-term terminal growth rates are consistent with the Company’s historical long-term terminal growth rates, as the current economic trends are not expected to affect the long-term terminal growth rates of the Company. The Company corroborates the income approach with a market approach.

The Company has consistently employed the relief from royalty model to estimate the current fair value when testing for impairment of non-amortizing intangible assets. The impairment test consists of a comparison of the fair value of the non-amortizing intangible asset with its carrying amount. If the carrying amount of a non-amortizing intangible asset exceeds its fair value, an impairment loss in an amount equal to that excess is recognized. In addition, the Company evaluates the remaining useful lives of its non-amortizing intangible assets at least annually to determine whether events or circumstances continue to support an indefinite useful life. If events or circumstances indicate that the useful lives of non-amortizing intangible assets are no longer indefinite, the assets will be tested for impairment. These intangible assets will then be amortized prospectively over their estimated remaining useful lives and accounted for in the same manner as other intangible assets that are subject to amortization. The Company performed its annual impairment testing as of January 1, 2015, and concluded that there was no impairment of non-amortizing intangible assets.

An assessment of the recoverability of amortizing intangible assets takes place when events have occurred that may give rise to an impairment. During fiscal year 2013, the Company recorded a charge of $0.2 million for the impairment of certain long-lived assets within the Human Health segment, as the carrying amounts of the long-lived assets were not recoverable and exceeded their fair value. These non-cash impairments of long-lived assets, including intangible assets, have been recorded as a separate component of operating expenses.

The changes in the carrying amount of goodwill for fiscal years 2015 and 2014 are as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Balance at December 29, 2013	$	1,689,492		$	453,628		$	2,143,120
Foreign currency translation	(29,145		)	(8,741		)	(37,886		)
Acquisitions, earnouts and other	2,408			176,435			178,843
Balance at December 28, 2014	1,662,755			621,322			2,284,077
Foreign currency translation	(28,368		)	(27,066		)	(55,434		)
Acquisitions, earnouts and other	38,104			9,402			47,506
Balance at January 3, 2016	$	1,672,491		$	603,658		$	2,276,149

Identifiable intangible asset balances at January 3, 2016 by category and by business segment were as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Patents	$	37,111		$	2,800		$	39,911
Less: Accumulated amortization	(27,466		)	(2,322		)	(29,788		)
Net patents	9,645			478			10,123
Trade names and trademarks	32,887			7,362			40,249
Less: Accumulated amortization	(19,810		)	(876		)	(20,686		)
Net trade names and trademarks	13,077			6,486			19,563
Licenses	58,969			—			58,969
Less: Accumulated amortization	(45,286		)	—			(45,286		)
Net licenses	13,683			—			13,683
Core technology	181,807			125,435			307,242
Less: Accumulated amortization	(121,262		)	(90,567		)	(211,829		)
Net core technology	60,545			34,868			95,413
Customer relationships	298,978			92,588			391,566
Less: Accumulated amortization	(177,730		)	(13,925		)	(191,655		)
Net customer relationships	121,248			78,663			199,911
IPR&D	80,748			4,931			85,679
Less: Accumulated amortization	(1,378		)	(2,767		)	(4,145		)
Net IPR&D	79,370			2,164			81,534
Net amortizable intangible assets	297,568			122,659			420,227
Non-amortizable intangible assets:
Trade name	—			70,584			70,584
Total	$	297,568		$	193,243		$	490,811

Identifiable intangible asset balances at December 28, 2014 by category and business segment were as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Patents	$	37,153		$	2,800		$	39,953
Less: Accumulated amortization	(25,018		)	(2,182		)	(27,200		)
Net patents	12,135			618			12,753
Trade names and trademarks	33,069			7,000			40,069
Less: Accumulated amortization	(16,878		)	(58		)	(16,936		)
Net trade names and trademarks	16,191			6,942			23,133
Licenses	59,631			—			59,631
Less: Accumulated amortization	(41,792		)	—			(41,792		)
Net licenses	17,839			—			17,839
Core technology	171,163			127,328			298,491
Less: Accumulated amortization	(100,050		)	(84,647		)	(184,697		)
Net core technology	71,113			42,681			113,794
Customer relationships	301,371			100,814			402,185
Less: Accumulated amortization	(149,917		)	(7,077		)	(156,994		)
Net customer relationships	151,454			93,737			245,191
IPR&D	5,079			5,024			10,103
Less: Accumulated amortization	(998		)	(2,134		)	(3,132		)
Net IPR&D	4,081			2,890			6,971
Net amortizable intangible assets	272,813			146,868			419,681
Non-amortizable intangible assets:
Trade name	—			70,584			70,584
Total	$	272,813		$	217,452		$	490,265

Total amortization expense related to definite-lived intangible assets was $78.6 million in fiscal year 2015, $83.4 million in fiscal year 2014 and $89.3 million in fiscal year 2013. Estimated amortization expense related to definite-lived intangible assets for each of the next five years is $71.8 million in fiscal year 2016, $62.5 million in fiscal year 2017, $60.7 million in fiscal year 2018, $48.7 million in fiscal year 2019, and $40.1 million in fiscal year 2020.

The Company entered into a strategic agreement in fiscal year 2012 under which it acquired certain intangible assets and received a license to certain core technology for an analytics and data discovery platform, as well as the exclusive right to distribute the platform in certain scientific research and development markets. During fiscal year 2012, the Company paid $6.8 million for net intangible assets and $25.0 million for prepaid royalties. During fiscal year 2013, the Company extended the existing agreement for an additional year. In addition, the Company entered into a new agreement to expand the distribution rights to the clinical and other related markets and acquired additional intangible assets. During fiscal year 2013, the Company paid $7.0 million for net intangible assets and $40.3 million for prepaid royalties. During fiscal year 2015, the Company paid $9.8 million for additional prepaid royalties. The prepaid royalties have been recorded primarily as other long-term assets. The Company expects to pay $10.0 million of additional prepaid royalties within the next twelve months. The Company expenses royalties as revenue is recognized. These intangible assets are being amortized over their estimated useful lives. The Company has reported the amortization of these intangible assets within the results of the Company's Human Health segment from the execution date.

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Debt

12 Months Ended

Jan. 03, 2016

Debt Disclosure [Abstract]

Debt

Debt

Senior Unsecured Revolving Credit Facility. On January 8, 2014, the Company refinanced its debt held under a previous senior unsecured revolving credit facility and entered into a new senior unsecured revolving credit facility. The Company's senior unsecured revolving credit facility provides for $700.0 million of revolving loans and has an initial maturity of January 8, 2019. As of January 3, 2016, undrawn letters of credit in the aggregate amount of $11.5 million were treated as issued and outstanding when calculating the borrowing availability under the senior unsecured revolving credit facility. As of January 3, 2016, the Company had $206.5 million available for additional borrowing under the facility. The Company uses the senior unsecured revolving credit facility for general corporate purposes, which may include working capital, refinancing existing indebtedness, capital expenditures, share repurchases, acquisitions and strategic alliances. The interest rates under the senior unsecured revolving credit facility are based on the Eurocurrency rate or the base rate at the time of borrowing, plus a margin. The base rate is the higher of (i) the rate of interest in effect for such day as publicly announced from time to time by JP Morgan Chase Bank, N.A. as its "prime rate," (ii) the Federal Funds rate plus 50 basis points or (iii) one-month Libor plus 1.00%. At January 3, 2016, borrowings under the senior unsecured revolving credit facility were accruing interest primarily based on the Eurocurrency rate. The Eurocurrency margin as of January 3, 2016 was 108 basis points. The weighted average Eurocurrency interest rate as of January 3, 2016 was 0.36%, resulting in a weighted average effective Eurocurrency rate, including the margin, of 1.44%. As of January 3, 2016, the senior unsecured revolving credit facility had an aggregated carrying value of $479.6 million, which was net of $2.4 million unamortized debt issuance costs. As of December 28, 2014, the senior unsecured revolving credit facility had an aggregate carrying value of $512.8 million, which was net of $3.2 million unamortized debt issuance costs. The credit agreement for the facility contains affirmative, negative and financial covenants and events of default similar to those contained in the credit agreement for the Company's previous facility. The financial covenants in the Company's senior unsecured revolving credit facility include a debt-to-capital ratio, and two contingent covenants, a maximum consolidated leverage ratio and a minimum consolidated interest coverage ratio, applicable if the Company's credit rating is downgraded below investment grade.

5% Senior Unsecured Notes due in 2021. On October 25, 2011, the Company issued $500.0 million aggregate principal amount of senior unsecured notes due in 2021 in a registered public offering and received $496.9 million of net proceeds from the issuance. The 2021 Notes were issued at 99.372% of the principal amount, which resulted in a discount of $3.1 million. As of January 3, 2016, the 2021 Notes had an aggregate carrying value of $495.1 million, net of $2.0 million of unamortized original issue discount and $2.9 million of unamortized debt issuance costs. As of December 28, 2014, the 2021 Notes had an aggregate carrying value of $494.4 million, net of $2.3 million of unamortized original issue discount and $3.3 million of unamortized debt issuance costs. The 2021 Notes mature in November 2021 and bear interest at an annual rate of 5%. Interest on the 2021 Notes is payable semi-annually on May 15th and November 15th each year. Prior to August 15, 2021 (three months prior to their maturity date), the Company may redeem the 2021 Notes in whole or in part, at its option, at a redemption price equal to the greater of (i) 100% of the principal amount of the 2021 Notes to be redeemed, plus accrued and unpaid interest, or (ii) the sum of the present values of the remaining scheduled payments of principal and interest in respect to the 2021 Notes being redeemed, discounted on a semi-annual basis, at the Treasury Rate plus 45 basis points, plus accrued and unpaid interest. At any time on or after August 15, 2021 (three months prior to their maturity date), the Company may redeem the 2021 Notes, at its option, at a redemption price equal to 100% of the principal amount of the 2021 Notes to be redeemed plus accrued and unpaid interest. Upon a change of control (as defined in the indenture governing the 2021 Notes) and a contemporaneous downgrade of the 2021 Notes below investment grade, each holder of 2021 Notes will have the right to require the Company to repurchase such holder's 2021 Notes for 101% of their principal amount, plus accrued and unpaid interest.

Financing Lease Obligations. In fiscal year 2012, the Company entered into agreements with the lessors of certain buildings that the Company is currently occupying and leasing to expand those buildings. The Company provided a portion of the funds needed for the construction of the additions to the buildings, and as a result the Company was considered the owner of the buildings during the construction period. At the end of the construction period, the Company was not reimbursed by the lessors for all of the construction costs. The Company is therefore deemed to have continuing involvement and the leases qualify as financing leases under sale-leaseback accounting guidance, representing debt obligations for the Company and non-cash investing and financing activities. As a result, the Company capitalized $29.3 million in property, plant and equipment, net, representing the fair value of the buildings with a corresponding increase to debt. The Company has also capitalized $11.5 million in additional construction costs necessary to complete the renovations to the buildings, which were funded by the lessors, with a corresponding increase to debt. At January 3, 2016, the Company had $38.2 million recorded for these financing lease obligations, of which $1.1 million was recorded as short-term debt and $37.1 million was recorded as long-term debt. At December 28, 2014, the Company had $39.3 million recorded for these financing lease obligations, of which $1.1 million was recorded as short-term debt and $38.2 million was recorded as long-term debt. The buildings are being depreciated on a straight-line basis over the terms of the leases to their estimated residual values, which will equal the remaining financing obligation at the end of the lease term. At the end of the lease term, the remaining balances in property, plant and equipment, net and debt will be reversed against each other.

The following table summarizes the maturities of the Company’s indebtedness as of January 3, 2016:

	Sr. Unsecured Revolving Credit Facility Maturing 2019			5.0% Sr. Notes Maturing 2021			Financing Lease Obligations		Total
	(In thousands)
2016	$	—		$	—		$	1,123	$	1,123
2017	—			—			1,169		1,169
2018	—			—			1,367		1,367
2019	482,000			—			1,532		483,532
2020	—			—			1,597		1,597
2021 and thereafter	—			500,000			31,409		531,409
Total before unamortized discount	482,000			500,000			38,197		1,020,197
Unamortized discount and debt issuance costs	(2,384		)	(4,928		)	—		(7,312		)
Total	$	479,616		$	495,072		$	38,197	$	1,012,885

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Accrued Expenses and Other Current Liabilities

12 Months Ended

Jan. 03, 2016

Accounts Payable and Accrued Liabilities, Current [Abstract]

Accrued Expenses and Other Current Liabilities

Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Payroll and incentives	$	62,813	$	61,018
Employee benefits	33,446		40,318
Deferred revenue	163,167		168,928
Federal, non-U.S. and state income taxes	2,882		9,801
Other accrued operating expenses	126,138		122,956
Total accrued expenses and other current liabilities	$	388,446	$	403,021

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Employee Benefit Plans

12 Months Ended

Jan. 03, 2016

Compensation and Retirement Disclosure [Abstract]

Employee Benefit Plans

Employee Benefit Plans

Savings Plan:    The Company has a 401(k) Savings Plan for the benefit of all qualified U.S. employees, with such employees receiving matching contributions in the amount equal to 100.0% of the first 5.0% of eligible compensation up to applicable Internal Revenue Service limits. Savings plan expense was $12.8 million in fiscal year 2015, $12.2 million in fiscal year 2014 and $12.8 million in fiscal year 2013.

Pension Plans:    The Company has a defined benefit pension plan covering certain U.S. employees and non-U.S. pension plans for certain non-U.S. employees. The principal U.S. defined benefit pension plan was closed to new hires effective January 31, 2001, and benefits for those employed by the Company’s former Life Sciences businesses were frozen as of that date. Plan benefits were frozen as of March 2003 for those employed by the Company’s former Analytical Instruments business and corporate employees. Plan benefits were frozen as of January 31, 2011 for all remaining employees that were still actively accruing in the plan. The plans provide benefits that are based on an employee’s years of service and compensation near retirement.

Net periodic pension cost (credit) for U.S. and non-U.S. plans included the following components for fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Service cost	$	4,332		$	4,070		$	3,664
Interest cost	20,696			23,475			21,334
Expected return on plan assets	(26,021		)	(25,007		)	(25,106		)
Curtailment gain	(907		)	—			—
Actuarial loss (gain)	12,953			71,700			(16,464		)
Amortization of prior service cost	(238		)	(281		)	(267		)
Net periodic pension cost (credit)	$	10,815		$	73,957		$	(16,839	)

During fiscal year 2014, the Company notified certain employees of its intention to terminate their employment as part of the Q3 2014 restructuring plan. During fiscal year 2015, the termination of these participants decreased the expected future service lives in excess of the curtailment limit for one of the Company's pension plans, which resulted in a curtailment gain. The Company recorded the curtailment gain of $0.8 million during fiscal year 2015. As part of the curtailment, the Company remeasured the assets and liabilities of the plan that had the curtailment based upon current discount rates and the fair value of the pension plan's assets as of the curtailment date, which resulted in an actuarial loss of $0.8 million.

The following table sets forth the changes in the funded status of the principal U.S. pension plan and the principal non-U.S. pension plans and the amounts recognized in the Company’s consolidated balance sheets as of January 3, 2016 and December 28, 2014.

	January 3, 2016						December 28, 2014
	Non-U.S.			U.S.			Non-U.S.			U.S.
	(In thousands)
Actuarial present value of benefit obligations:
Accumulated benefit obligations	$	267,862		$	301,416		$	291,640		$	327,632
Change in benefit obligations:
Projected benefit obligations at beginning of year	$	303,809		$	327,632		$	288,216		$	279,299
Service cost	2,532			1,800			2,670			1,400
Interest cost	7,695			13,001			10,575			12,900
Benefits paid and plan expenses	(11,100		)	(24,127		)	(12,280		)	(19,282		)
Participants’ contributions	343			—			394			—
Plan curtailments	(759		)	—			—			—
Plan settlements	(1,401		)	—			—			—
Actuarial loss (gain)	131			(16,890		)	42,095			53,315
Effect of exchange rate changes	(24,290		)	—			(27,861		)	—
Projected benefit obligations at end of year	$	276,960		$	301,416		$	303,809		$	327,632
Change in plan assets:
Fair value of plan assets at beginning of year	$	156,767		$	256,254		$	143,704		$	249,756
Actual return on plan assets	3,745			(7,434		)	22,939			25,780
Benefits paid and plan expenses	(11,100		)	(24,127		)	(12,280		)	(19,282		)
Employer’s contributions	10,908			20,000			11,195			—
Participants’ contributions	343			—			394			—
Plan settlements	(1,401		)	—			—			—
Effect of exchange rate changes	(8,368		)	—			(9,185		)	—
Fair value of plan assets at end of year	150,894			244,693			156,767			256,254
Net liabilities recognized in the consolidated balance sheets	$	(126,066	)	$	(56,723	)	$	(147,042	)	$	(71,378	)
Net amounts recognized in the consolidated balance sheets consist of:
Noncurrent assets	$	12,135		$	—		$	9,825		$	—
Current liabilities	(6,261		)	—			(6,786		)	—
Noncurrent liabilities	(131,940		)	(56,723		)	(150,081		)	(71,378		)
Net liabilities recognized in the consolidated balance sheets	$	(126,066	)	$	(56,723	)	$	(147,042	)	$	(71,378	)
Net amounts recognized in accumulated other comprehensive income consist of:
Prior service cost	$	(932	)	$	—		$	(1,371	)	$	—
Net amounts recognized in accumulated other comprehensive income	$	(932	)	$	—		$	(1,371	)	$	—
Actuarial assumptions as of the year-end measurement date:
Discount rate	2.88		%	4.25		%	2.75		%	4.08		%
Rate of compensation increase	3.26		%	None			3.07		%	None

Actuarial assumptions used to determine net periodic pension cost during the year were as follows:

	January 3, 2016				December 28, 2014				December 29, 2013
	Non-U.S.		U.S.		Non-U.S.		U.S.		Non-U.S.		U.S.
Discount rate	2.75	%	4.08	%	3.77	%	4.77	%	3.62	%	3.92	%
Rate of compensation increase	3.28	%	None		3.23	%	None		2.88	%	None
Expected rate of return on assets	4.60	%	7.25	%	5.30	%	7.25	%	5.50	%	7.50	%

The following table provides a breakdown of the non-U.S. benefit obligations and fair value of assets for pension plans that have benefit obligations in excess of plan assets:

	January 3, 2016		December 28, 2014
	(In thousands)
Pension Plans with Projected Benefit Obligations in Excess of Plan Assets
Projected benefit obligations	$	138,201	$	156,867
Fair value of plan assets	—		—
Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Accumulated benefit obligations	$	134,858	$	153,239
Fair value of plan assets	—		—

Assets of the defined benefit pension plans are primarily equity and debt securities. Asset allocations as of January 3, 2016 and December 28, 2014, and target asset allocations for fiscal year 2016 are as follows:

	Target Allocation				Percentage of Plan Assets at
	January 1, 2017				January 3, 2016				December 28, 2014
Asset Category	Non-U.S.		U.S.		Non-U.S.		U.S.		Non-U.S.		U.S.
Equity securities	45-55%		40-50%		49	%	42	%	49	%	39	%
Debt securities	45-55%		50-60%		50	%	58	%	50	%	61	%
Other	0-5%		0-5%		1	%	—	%	1	%	—	%
Total	100	%	100	%	100	%	100	%	100	%	100	%

The Company maintains target allocation percentages among various asset classes based on investment policies established for the pension plans which are designed to maximize the total rate of return (income and appreciation) after inflation within the limits of prudent risk taking, while providing for adequate near-term liquidity for benefit payments.

The Company’s expected rate of return on assets assumptions are derived from management’s estimates, as well as other information compiled by management, including studies that utilize customary procedures and techniques. The studies include a review of anticipated future long-term performance of individual asset classes and consideration of the appropriate asset allocation strategy given the anticipated requirements of the plans to determine the average rate of earnings expected on the funds invested to provide for the pension plans benefits. While the study gives appropriate consideration to recent fund performance and historical returns, the assumption is primarily a long-term, prospective rate.

The Company's discount rate assumptions are derived from a range of factors, including a yield curve for certain plans, composed of the rates of return on high-quality fixed-income corporate bonds available at the measurement date and the related expected duration for the obligations, and a bond matching approach for certain plans.

For the plans in the United States, as of December 28, 2014 the Company adopted a new mortality base table, RP-2014, with projection scale, MP-2014, that was published by the Society of Actuaries in 2014. The adoption of the new mortality base table resulted in a $32.1 million increase to the projected benefit obligation as of December 28, 2014. During fiscal year 2015, the Society of Actuaries issued an updated mortality improvement scale that reflects smaller improvements in longevity than predicted by its MP-2014 scale. The Company adopted the updated projection scale, MP-2015, as of January 3, 2016. The adoption of the updated projection scale resulted in a $6.8 million decrease to the projected benefit obligation at January 3, 2016. The changes to the projected benefit obligations due to the adoption of the mortality base table and projection scale are included within "Actuarial loss (gain)" in the Change in Benefit Obligations for fiscal years 2015 and 2014 above.

The target allocations for plan assets are listed in the above table. Equity securities primarily include investments in large-cap and mid-cap companies located in the United States and abroad, and equity index funds. Debt securities include corporate bonds of companies from diversified industries, high-yield bonds, and U.S. government securities. Other types of investments include investments in non-U.S. government index linked bonds, multi-strategy hedge funds and venture capital funds that follow several different strategies.

The fair values of the Company’s pension plan assets as of January 3, 2016 and December 28, 2014 by asset category, classified in the three levels of inputs described in Note 21 to the consolidated financial statements are as follows:

			Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	2,890	$	2,890	$	—	$	—
Equity Securities:
U.S. large-cap	30,357		30,357		—		—
International large-cap value	26,686		26,686		—		—
Emerging markets growth	10,600		10,600		—		—
Equity index funds	74,974		—		74,974		—
Domestic real estate funds	2,735		2,735		—		—
Commodity funds	8,128		8,128		—		—
Fixed income securities:
Non-U.S. Treasury Securities	21,531		—		21,531		—
Corporate and U.S. debt instruments	137,117		28,746		108,371		—
Corporate bonds	23,871		—		23,871		—
High yield bond funds	3,324		3,324		—		—
Other types of investments:
Multi-strategy hedge funds	23,415		—		—		23,415
Venture capital funds	1		—		—		1
Non-U.S. government index linked bonds	29,958		—		29,958		—
Total assets measured at fair value	$	395,587	$	113,466	$	258,705	$	23,416

			Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	4,971	$	4,971	$	—	$	—
Equity Securities:
U.S. large-cap	28,602		28,602		—		—
International large-cap value	25,202		25,202		—		—
Emerging markets growth	13,010		13,010		—		—
Equity index funds	77,432		—		77,432		—
Domestic real estate funds	2,860		2,860		—		—
Commodity funds	7,423		7,423		—		—
Fixed income securities:
Non-U.S. Treasury Securities	22,025		—		22,025		—
Corporate and U.S. debt instruments	147,834		53,813		94,021		—
Corporate bonds	25,164		—		25,164		—
High yield bond funds	3,614		3,614		—		—
Other types of investments:
Multi-strategy hedge funds	23,332		—		—		23,332
Venture capital funds	1		—		—		1
Non-U.S. government index linked bonds	31,551		—		31,551		—
Total assets measured at fair value	$	413,021	$	139,495	$	250,193	$	23,333

Valuation Techniques:    Valuation techniques utilized need to maximize the use of observable inputs and minimize the use of unobservable inputs. There have been no changes in the methodologies utilized at January 3, 2016 compared to December 28, 2014. The following is a description of the valuation techniques utilized to measure the fair value of the assets shown in the table above.

Equity Securities:    Shares of registered investment companies that are publicly traded are categorized as Level 1 assets; they are valued at quoted market prices that represent the net asset value of the fund. These instruments have active markets.

Equity index funds are mutual funds that are not publicly traded and are comprised primarily of underlying equity securities that are publicly traded on exchanges. Price quotes for the assets held by these funds are readily observable and available. Equity index funds are categorized as Level 2 assets.

Fixed Income Securities:    Fixed income mutual funds that are publicly traded are valued at quoted market prices that represent the net asset value of securities held by the fund and are categorized as Level 1 assets.

Fixed income index funds that are not publicly traded are stated at net asset value as determined by the issuer of the fund based on the fair value of the underlying investments and are categorized as Level 2 assets.

Individual fixed income bonds are categorized as Level 2 assets except where sufficient quoted prices exist in active markets, in which case such securities are categorized as Level 1 assets. These securities are valued using third-party pricing services. These services may use, for example, model-based pricing methods that utilize observable market data as inputs. Broker dealer bids or quotes of securities with similar characteristics may also be used.

Other Types of Investments:    Non-U.S. government index link bond funds are not publicly traded and are stated at net asset value as determined by the issuer of the fund based on the fair value of the underlying investments. Underlying investments consist of bonds in which payment of income on the principal is related to a specific price index and are categorized as Level 2 assets.

Hedge funds, private equity funds and venture capital funds are valued at fair value by using the net asset values provided by the investment managers and are updated, if necessary, using analytical procedures, appraisals, public market data and/or inquiry of the investment managers. The net asset values are determined based upon the fair values of the underlying investments in the funds. These other investments invest primarily in readily available marketable securities and allocate gains, losses, and expense to the investor based on the ownership percentage as described in the fund agreements. They are categorized as Level 3 assets.

The Company's policy is to recognize significant transfers between levels at the actual date of the event.

A reconciliation of the beginning and ending Level 3 assets for fiscal years 2015, 2014 and 2013 is as follows:

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3):
	Common Collective Trusts/Private Funds			Venture Capital Funds			Multi-strategy Hedge Funds		Total
	(In thousands)
Balance at December 30, 2012	$	162		$	7		$	20,262	$	20,431
Realized losses	7			—			—		7
Unrealized (losses) gains	(19		)	1			2,427		2,409
Issuances, sales and settlements	(150		)	—			—		(150		)
Balance at December 29, 2013	—			8			22,689		22,697
Unrealized (losses) gains	—			(7		)	643		636
Balance at December 28, 2014	—			1			23,332		23,333
Unrealized gains	—			—			83		83
Balance at January 3, 2016	$	—		$	1		$	23,415	$	23,416

With respect to plans outside of the United States, the Company expects to contribute $9.3 million in the aggregate during fiscal year 2016. During fiscal year 2015, the Company contributed $14.9 million, in the aggregate, to pension plans outside of the United States and $20.0 million to its defined benefit pension plan in the United States. During fiscal year 2014, the Company made contributions of $11.2 million, in the aggregate, to plans outside of the United States. During fiscal year 2013, the Company made contributions of $37.0 million for the 2012 plan year to its defined benefit pension plan in the United States. During fiscal year 2013, the Company contributed $20.2 million, in the aggregate, to plans outside of the United States, which includes an additional contribution of $10.0 million to its defined benefit pension plan in the United Kingdom.

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as follows:

	Non-U.S.		U.S.
	(In thousands)
2016	$	10,490	$	17,950
2017	11,051		18,018
2018	11,466		18,289
2019	11,855		18,469
2020	12,473		18,683
2021-2025	67,253		95,733

The Company also sponsors a supplemental executive retirement plan to provide senior management with benefits in excess of normal pension benefits. Effective July 31, 2000, this plan was closed to new entrants. At January 3, 2016 and December 28, 2014, the projected benefit obligations were $21.5 million and $24.5 million, respectively. Assets with a fair value of $0.6 million and $0.5 million, segregated in a trust (which is included in marketable securities and investments on the consolidated balance sheets), were available to meet this obligation as of January 3, 2016 and December 28, 2014, respectively. Pension income and expenses for this plan netted to income of $1.6 million in fiscal year 2015, expense of $4.8 million in fiscal year 2014 and income of $0.4 million in fiscal year 2013.

Postretirement Medical Plans:    The Company provides healthcare benefits for eligible retired U.S. employees under a comprehensive major medical plan or under health maintenance organizations where available. Eligible U.S. employees qualify for retiree health benefits if they retire directly from the Company and have at least ten years of service. Generally, the major medical plan pays stated percentages of covered expenses after a deductible is met and takes into consideration payments by other group coverage and by Medicare. The plan requires retiree contributions under most circumstances and has provisions for cost-sharing charges. Effective January 1, 2000, this plan was closed to new hires. For employees retiring after 1991, the Company has capped its medical premium contribution based on employees’ years of service. The Company funds the amount allowable under a 401(h) provision in the Company’s defined benefit pension plan. Assets of the plan are primarily equity and debt securities and are available only to pay retiree health benefits.

Net periodic postretirement medical benefit cost (credit) included the following components for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Service cost	$	108		$	95		$	106
Interest cost	143			155			135
Expected return on plan assets	(1,062		)	(964		)	(965		)
Actuarial loss (gain)	971			(384		)	(182		)
Net periodic postretirement medical benefit cost (credit)	$	160		$	(1,098	)	$	(906	)

The following table sets forth the changes in the postretirement medical plan’s funded status and the amounts recognized in the Company’s consolidated balance sheets as of January 3, 2016 and December 28, 2014.

	January 3, 2016			December 28, 2014
	(In thousands)
Actuarial present value of benefit obligations:
Retirees	$	1,033		$	1,159
Active employees eligible to retire	424			388
Other active employees	2,119			1,795
Accumulated benefit obligations at beginning of year	3,576			3,342
Service cost	108			95
Interest cost	143			155
Benefits paid	(158		)	(157		)
Actuarial (gain) loss	(308		)	141
Change in accumulated benefit obligations during the year	(215		)	234
Retirees	907			1,033
Active employees eligible to retire	423			424
Other active employees	2,031			2,119
Accumulated benefit obligations at end of year	3,361			3,576
Change in plan assets:
Fair value of plan assets at beginning of year	14,728			13,396
Actual return on plan assets	(375		)	1,332
Fair value of plan assets at end of year	14,353			14,728
Net assets recognized in the consolidated balance sheets	$	10,992		$	11,152
Net amounts recognized in the consolidated balance sheets consist of:
Noncurrent assets	$	10,992		$	11,152
Net assets recognized in the consolidated balance sheets	$	10,992		$	11,152
Net amounts recognized in accumulated other comprehensive income consist of:
Prior service cost	$	—		$	—
Net amounts recognized in accumulated other comprehensive income	$	—		$	—
Actuarial assumptions as of the year-end measurement date:
Discount rate	4.34		%	4.10		%

Actuarial assumptions used to determine net cost during the year are as follows:

	January 3, 2016		December 28, 2014		December 29, 2013
Discount rate	4.10	%	4.77	%	3.86	%
Expected rate of return on assets	7.25	%	7.25	%	7.50	%

The Company maintains a master trust for plan assets related to the U.S. defined benefit plans and the U.S. postretirement medical plan. Accordingly, investment policies, target asset allocations and actual asset allocations are the same as those disclosed for the U.S. defined benefit plans.

The fair values of the Company’s plan assets at January 3, 2016 and December 28, 2014 by asset category, classified in the three levels of inputs described in Note 21, are as follows:

			Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	133	$	133	$	—	$	—
Equity Securities:
U.S. large-cap	1,781		1,781		—		—
International large-cap value	1,566		1,566		—		—
Emerging markets growth	622		622		—		—
Domestic real estate funds	160		160		—		—
Commodity funds	477		477		—		—
Fixed income securities:
Corporate debt instruments	8,045		1,687		6,358		—
High yield bond funds	195		195		—		—
Other types of investments:
Multi-strategy hedge funds	1,374		—		—		1,374
Total assets measured at fair value	$	14,353	$	6,621	$	6,358	$	1,374

			Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	248	$	248	$	—	$	—
Equity Securities:
U.S. large-cap	1,644		1,644		—		—
International large-cap value	1,449		1,449		—		—
Emerging markets growth	748		748		—		—
Domestic real estate funds	164		164		—		—
Commodity funds	427		427		—		—
Fixed income securities:
Corporate debt instruments	8,499		3,094		5,405		—
High yield bond funds	208		208		—		—
Other types of investments:
Multi-strategy hedge funds	1,341		—		—		1,341
Total assets measured at fair value	$	14,728	$	7,982	$	5,405	$	1,341

Valuation Techniques:    Valuation techniques are the same as those disclosed for the U.S. defined benefit plans above.

A reconciliation of the beginning and ending Level 3 assets for fiscal years 2015, 2014 and 2013 is as follows:

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3):
	Common Collective Trusts/Private Funds			Venture Capital Funds			Multi-strategy Hedge Funds		Total
	(In thousands)
Balance at December 30, 2012	$	9		$	1		$	1,184	$	1,194
Unrealized (losses) gains	(1		)	(1		)	33		31
Issuances, sales and settlements	(8		)	—			—		(8		)
Balance at December 29, 2013	—			—			1,217		1,217
Unrealized gains	—			—			124		124
Balance at December 28, 2014	—			—			1,341		1,341
Unrealized gains	—			—			33		33
Balance at January 3, 2016	$	—		$	—		$	1,374	$	1,374

The Company does not expect to make any contributions to the postretirement medical plan during fiscal year 2016.

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as follows:

Postretirement Medical Plan
	(In thousands)
2016	$	162
2017	171
2018	179
2019	189
2020	197
2021-2025	1,154

Deferred Compensation Plans:    During fiscal year 1998, the Company implemented a nonqualified deferred compensation plan that provides benefits payable to officers and certain key employees or their designated beneficiaries at specified future dates, or upon retirement or death. The plan was amended to eliminate deferral elections, with the exception of Company 401(k) excess contributions for eligible participants, for plan years beginning January 1, 2011. Benefit payments under the plan are funded by contributions from participants, and for certain participants, contributions by the Company. The obligations related to the deferred compensation plan totaled $1.2 million and $1.0 million at January 3, 2016 and December 28, 2014, respectively.

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Contingencies

12 Months Ended

Jan. 03, 2016

Commitments and Contingencies Disclosure [Abstract]

Contingencies

Contingencies

The Company is conducting a number of environmental investigations and remedial actions at current and former locations of the Company and, along with other companies, has been named a potentially responsible party (“PRP”) for certain waste disposal sites. The Company accrues for environmental issues in the accounting period that the Company's responsibility is established and when the cost can be reasonably estimated. The Company has accrued $11.8 million and $12.3 million as of January 3, 2016 and December 28, 2014, respectively, which represents its management’s estimate of the cost of the remediation of known environmental matters, and does not include any potential liability for related personal injury or property damage claims. During fiscal year 2014, the Company recorded a benefit of $2.3 million for cost reimbursements related to a particular site for monitoring and mitigation activities. During fiscal year 2013, the Company accrued an additional $5.7 million related to a particular site for increased monitoring and mitigation activities. The Company's environmental accrual is not discounted and does not reflect the recovery of any material amounts through insurance or indemnification arrangements. The cost estimates are subject to a number of variables, including the stage of the environmental investigations, the magnitude of the possible contamination, the nature of the potential remedies, possible joint and several liability, the time period over which remediation may occur, and the possible effects of changing laws and regulations. For sites where the Company has been named a PRP, management does not currently anticipate any additional liability to result from the inability of other significant named parties to contribute. The Company expects that the majority of such accrued amounts could be paid out over a period of up to ten years. As assessment and remediation activities progress at each individual site, these liabilities are reviewed and adjusted to reflect additional information as it becomes available. There have been no environmental problems to date that have had, or are expected to have, a material adverse effect on the Company’s consolidated financial statements. While it is possible that a loss exceeding the amounts recorded in the consolidated financial statements may be incurred, the potential exposure is not expected to be materially different from those amounts recorded.

The Company is subject to various claims, legal proceedings and investigations covering a wide range of matters that arise in the ordinary course of its business activities. Although the Company has established accruals for potential losses that it believes are probable and reasonably estimable, in the opinion of the Company’s management, based on its review of the information available at this time, the total cost of resolving these contingencies at January 3, 2016 should not have a material adverse effect on the Company’s consolidated financial statements. However, each of these matters is subject to uncertainties, and it is possible that some of these matters may be resolved unfavorably to the Company.

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Warranty Reserves

12 Months Ended

Jan. 03, 2016

Product Warranties Disclosures [Abstract]

Warranty Reserves

Warranty Reserves

The Company provides warranty protection for certain products usually for a period of one year beyond the date of sale. The majority of costs associated with warranty obligations include the replacement of parts and the time for service personnel to respond to repair and replacement requests. A warranty reserve is recorded based upon historical results, supplemented by management’s expectations of future costs. Warranty reserves are included in “Accrued expenses and other current liabilities” on the consolidated balance sheets.

A summary of warranty reserve activity for the fiscal years ended January 3, 2016, December 28, 2014 and December 29, 2013 is as follows:

	(In thousands)
Balance at December 30, 2012	$	11,003
Provision charged to income	17,291
Payments	(17,116		)
Adjustments to previously provided warranties, net	(693		)
Foreign currency translation and acquisitions	49
Balance at December 29, 2013	10,534
Provision charged to income	17,447
Payments	(16,750		)
Adjustments to previously provided warranties, net	73
Foreign currency translation and acquisitions	(521		)
Balance at December 28, 2014	10,783
Provision charged to income	16,904
Payments	(16,204		)
Adjustments to previously provided warranties, net	(60		)
Foreign currency translation and acquisitions	(501		)
Balance at January 3, 2016	$	10,922

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Stock Plans

12 Months Ended

Jan. 03, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Plans

Stock Plans

Stock-Based Compensation:

In addition to the Company’s Employee Stock Purchase Plan, the Company utilizes one stock-based compensation plan, the 2009 Incentive Plan (the “2009 Plan”). Under the 2009 Plan, 10.7 million shares of the Company's common stock are authorized for stock option grants, restricted stock awards, performance units and stock grants as part of the Company’s compensation programs. In addition to shares of the Company’s common stock originally authorized for issuance under the 2009 Plan, the 2009 Plan includes shares of the Company’s common stock previously granted under the Amended and Restated 2001 Incentive Plan and the 2005 Incentive Plan that were canceled or forfeited without the shares being issued.

The following table summarizes total pre-tax compensation expense recognized related to the Company’s stock options, restricted stock, restricted stock units, performance units and stock grants, net of estimated forfeitures, included in the Company’s consolidated statements of operations for fiscal years 2015, 2014 and 2013:

	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
Cost of product and service revenue	$	1,339	$	1,456	$	1,304
Research and development expenses	600		546		853
Selling, general and administrative expenses	15,780		12,462		11,896
Total stock-based compensation expense	$	17,719	$	14,464	$	14,053

The total income tax benefit recognized in the consolidated statements of operations for stock-based compensation was $5.8 million in fiscal year 2015, $5.4 million in fiscal year 2014 and $4.4 million in fiscal year 2013. Stock-based compensation costs capitalized as part of inventory were $0.2 million and $0.3 million as of January 3, 2016 and December 28, 2014, respectively. The excess tax benefit recognized from stock compensation, classified as a financing cash activity, was $2.4 million in fiscal year 2015, and zero in both fiscal years 2014 and 2013.

Stock Options:    The Company has granted options to purchase common shares at prices equal to the market price of the common shares on the date the option is granted. Conditions of vesting are determined at the time of grant. Options are generally exercisable in equal annual installments over a period of three years, and will generally expire seven years after the date of grant. Options replaced in association with business combination transactions are generally issued with the same terms of the respective plans under which they were originally issued.

The fair value of each option grant is estimated using the Black-Scholes option pricing model. The fair value is then amortized on a straight-line basis over the requisite service periods of the awards, which is generally the vesting period. Use of a valuation model requires management to make certain assumptions with respect to selected model inputs. Expected volatility was calculated based on the historical and implied volatility of the Company’s stock. The average expected life was based on the contractual term of the option and historic exercise experience. The risk-free interest rate is based on United States Treasury zero-coupon issues with a remaining term equal to the expected life assumed at the date of grant. Forfeitures are estimated based on voluntary termination behavior, as well as an analysis of actual option forfeitures. The Company’s weighted-average assumptions used in the Black-Scholes option pricing model were as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014		December 29, 2013
Risk-free interest rate	1.3	%	1.5	%	0.9	%
Expected dividend yield	0.6	%	0.7	%	0.8	%
Expected lives	5 years		5 years		5 years
Expected stock volatility	26.5	%	30.9	%	38.5	%

The following table summarizes stock option activity for the three fiscal years ended January 3, 2016:

	January 3, 2016				December 28, 2014				December 29, 2013
	Number of Shares		Weighted- Average Exercise Price		Number of Shares		Weighted- Average Exercise Price		Number of Shares		Weighted- Average Exercise Price
	(Shares in thousands)
Outstanding at beginning of year	2,828		$	26.11	3,494		$	23.34	4,266		$	21.64
Granted	502		46.36		520		43.12		518		33.62
Exercised	(849	)	17.56		(1,024	)	23.89		(947	)	21.45
Canceled	(4	)	20.20		(4	)	20.97		(8	)	22.88
Forfeited	(105	)	33.90		(158	)	35.33		(335	)	23.04
Outstanding at end of year	2,372		$	33.12	2,828		$	26.11	3,494		$	23.34
Exercisable at end of year	1,500		$	27.01	1,900		$	21.13	2,392		$	20.66

The aggregate intrinsic value for stock options outstanding at January 3, 2016 was $42.7 million with a weighted-average remaining contractual term of 3.6 years. The aggregate intrinsic value for stock options exercisable at January 3, 2016 was $36.2 million with a weighted-average remaining contractual term of 2.5 years. At January 3, 2016, there were 2.3 million stock options that were vested, and expected to vest in the future, with an aggregate intrinsic value of $42.1 million and a weighted-average remaining contractual term of 3.6 years.

The weighted-average per-share grant-date fair value of options granted during fiscal years 2015, 2014 and 2013 was $11.02, $11.86, and $10.82, respectively. The total intrinsic value of options exercised during fiscal years 2015, 2014 and 2013 was $25.9 million, $22.0 million, and $13.8 million, respectively. Cash received from option exercises for fiscal years 2015, 2014 and 2013 was $14.9 million, $24.5 million, and $20.3 million, respectively. The total compensation expense recognized related to the Company’s outstanding options was $4.2 million in fiscal year 2015, $5.0 million in fiscal year 2014 and $4.4 million in fiscal year 2013.

There was $5.7 million of total unrecognized compensation cost, net of estimated forfeitures, related to nonvested stock options granted as of January 3, 2016. This cost is expected to be recognized over a weighted-average period of 1.8 years, and will be adjusted for any future changes in estimated forfeitures.

Restricted Stock Awards:    The Company has awarded shares of restricted stock and restricted stock units to certain employees and non-employee directors at no cost to them, which cannot be sold, assigned, transferred or pledged during the restriction period. The restricted stock and restricted stock units vest through the passage of time, assuming continued employment. The fair value of the award at the time of the grant is expensed on a straight line basis primarily in selling, general and administrative expenses over the vesting period, which is generally three years. These awards were granted under the Company’s 2009 Plan. Recipients of the restricted stock have the right to vote such shares and receive dividends.

The following table summarizes restricted stock award activity for the three fiscal years ended January 3, 2016:

	January 3, 2016				December 28, 2014				December 29, 2013
	Number of Shares		Weighted- Average Grant- Date Fair Value		Number of Shares		Weighted- Average Grant- Date Fair Value		Number of Shares		Weighted- Average Grant- Date Fair Value
	(Shares in thousands)
Nonvested at beginning of year	558		$	35.51	649		$	29.24	781		$	24.71
Granted	245		46.86		261		42.61		289		33.87
Vested	(249	)	31.11		(258	)	27.64		(346	)	22.98
Forfeited	(52	)	40.71		(94	)	33.58		(75	)	28.76
Nonvested at end of year	502		$	42.61	558		$	35.51	649		$	29.24

The fair value of restricted stock awards vested during fiscal years 2015, 2014 and 2013 was $7.8 million, $7.1 million, and $8.0 million, respectively. The total compensation expense recognized related to the restricted stock awards was $8.7 million in fiscal year 2015, $7.1 million in fiscal year 2014 and $7.5 million in fiscal year 2013.

As of January 3, 2016, there was $10.8 million of total unrecognized compensation cost, net of forfeitures, related to nonvested restricted stock awards. That cost is expected to be recognized over a weighted-average period of 1.3 years.

Performance Units:    The Company’s performance unit program provides a cash award based on the achievement of specific performance criteria. A target number of units are granted at the beginning of a three-year performance period. The number of units earned at the end of the performance period is determined by multiplying the number of units granted by a performance factor ranging from 0% to 200%. Awards are determined by multiplying the number of units earned by the stock price at the end of the performance period, and are paid in cash and accounted for as a liability based award. The compensation expense associated with these units is recognized over the period that the performance targets are expected to be achieved. The Company granted 66,509 performance units, 79,463 performance units, and 98,056 performance units during fiscal years 2015, 2014 and 2013, respectively. The weighted-average per-share grant-date fair value of performance units granted during fiscal years 2015, 2014 and 2013 was $46.83, $42.84, and $34.06, respectively. During fiscal years 2015, 2014 and 2013, 8,860, 35,954 and 28,515 performance units were forfeited, respectively. The total compensation expense related to performance units was $4.0 million, $1.6 million, and $1.4 million for fiscal years 2015, 2014 and 2013, respectively. As of January 3, 2016, there were 201,415 performance units outstanding subject to forfeiture, with a corresponding liability of $5.9 million recorded in accrued expenses and long-term liabilities.

Stock Awards:    The Company’s stock award program provides non-employee directors an annual equity award. For fiscal years 2015, 2014 and 2013 the award equaled the number of shares of the Company’s common stock which has an aggregate fair market value of $100,000 on the date of the award. The stock award is prorated for non-employee directors who serve for only a portion of the year. The compensation expense associated with these stock awards is recognized when the stock award is granted. In fiscal years 2015, 2014 and 2013, each non-employee director was awarded 1,953 shares, 2,373 shares, and 3,263 shares, respectively. The Company also granted 544 shares to a new non-employee director during fiscal year 2015. The weighted-average per-share grant-date fair value of stock awards granted during fiscal years 2015, 2014 and 2013 was $51.01, $42.14, and $30.65, respectively. In each of fiscal years 2015, 2014 and 2013, the total compensation expense recognized related to these stock awards was $0.7 million.

Employee Stock Purchase Plan:

In April 1999, the Company’s shareholders approved the 1998 Employee Stock Purchase Plan. In April 2005, the Compensation and Benefits Committee of the Board voted to amend the Employee Stock Purchase Plan, effective July 1, 2005, whereby participating employees have the right to purchase common stock at a price equal to 95% of the closing price on the last day of each six-month offering period. The number of shares which an employee may purchase, subject to certain aggregate limits, is determined by the employee’s voluntary contribution, which may not exceed 10% of the employee’s base compensation. During fiscal year 2015, the Company issued 78,294 shares of common stock under the Company’s Employee Stock Purchase Plan at a weighted-average price of $47.08 per share. During fiscal year 2014, the Company issued 60,870 shares under this plan at a weighted-average price of $41.71 per share. During fiscal year 2013, the Company issued 89,521 shares under this plan at a weighted-average price of $30.51 per share. At January 3, 2016 there remains available for sale to employees an aggregate of 1.0 million shares of the Company’s common stock out of the 5.0 million shares authorized by shareholders for issuance under this plan.

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Stockholders' Equity

12 Months Ended

Jan. 03, 2016

Stockholders' Equity Note [Abstract]

Stockholders' Equity

Stockholders’ Equity

Comprehensive Income:

The components of accumulated other comprehensive (loss) income consisted of the following:

	Foreign Currency Translation Adjustment, net of tax			Unrecognized Prior Service Costs, net of tax			Unrealized (Losses) Gains on Securities, net of tax			Unrealized and Realized (Losses) Gains on Derivatives, net of tax			Accumulated Other Comprehensive Income (Loss)
	(In thousands)
Balance, December 30, 2012	$	67,527		$	2,087		$	(129	)	$	(2,892	)	$	66,593
Current year change	8,756			(658		)	8			2,892			10,998
Balance, December 29, 2013	76,283			1,429			(121		)	—			77,591
Current year change	(52,951		)	146			14			—			(52,791		)
Balance, December 28, 2014	23,332			1,575			(107		)	—			24,800
Current year change	(70,178		)	(316		)	(262		)	—			(70,756		)
Balance, January 3, 2016	$	(46,846	)	$	1,259		$	(369	)	$	—		$	(45,956	)

During fiscal year 2013, pre-tax losses of $4.8 million were reclassified from accumulated other comprehensive income into interest and other expense, net, related to previously settled cash flow hedges, which includes $2.8 million for the remaining unamortized derivative losses that were reclassified when the Company redeemed all of its 2015 Notes. The Company recognized a tax provision of $1.9 million related to these amounts reclassified out of accumulated other comprehensive income for fiscal year 2013. During fiscal years 2015, 2014 and 2013, pre-tax income of $0.3 million, pre-tax expense of $0.1 million, and pre-tax income of $0.7 million, respectively, were reclassified from accumulated other comprehensive income into selling, general and administrative expenses as a component of net periodic benefit cost.

Stock Repurchase Program:

On October 23, 2014, the Board of Directors (the "Board") authorized the Company to repurchase up to 8.0 million shares of common stock under a stock repurchase program (the "Repurchase Program"). The Repurchase Program will expire on October 23, 2016 unless terminated earlier by the Board, and may be suspended or discontinued at any time. On October 24, 2012, the Board authorized the Company to repurchase up to 6.0 million shares of common stock under a stock repurchase program (the "Former Repurchase Program"). The Former Repurchase Program expired on October 24, 2014. During fiscal year 2015, the Company repurchased 1.5 million shares of common stock in the open market at an aggregate cost of $72.0 million, including commissions, under the Repurchase Program. During fiscal year 2014, the Company repurchased 1.4 million shares of common stock in the open market at an aggregate cost of $61.3 million, including commissions, under the Repurchase Program and the Former Repurchase Program. During fiscal year 2013, the Company repurchased 3.6 million shares of common stock in the open market at an aggregate cost of $123.0 million, including commissions, under the Former Repurchase Program. As of January 3, 2016, 5.9 million shares remained available for repurchase under the Repurchase Program. From January 4, 2016 through February 25, 2016, the Company repurchased 2.4 million shares of common stock in the open market at an aggregate cost of $109.7 million, including commissions, under the Repurchase Program.

The Board has authorized the Company to repurchase shares of common stock to satisfy minimum statutory tax withholding obligations in connection with the vesting of restricted stock awards and restricted stock unit awards granted pursuant to the Company’s equity incentive plans and to satisfy obligations related to the exercise of stock options made pursuant to the Company's equity incentive plans. During fiscal year 2015, the Company repurchased 95,129 shares of common stock for this purpose at an aggregate cost of $4.4 million. During fiscal year 2014, the Company repurchased 98,269 shares of common stock for this purpose at an aggregate cost of $4.3 million. During fiscal year 2013, the Company repurchased 127,544 shares of common stock for this purpose at an aggregate cost of $4.4 million. The repurchased shares have been reflected as additional authorized but unissued shares, with the payments reflected in common stock and capital in excess of par value.

Dividends:

The Board declared a regular quarterly cash dividend of $0.07 per share in each quarter of fiscal years 2015 and 2014. At January 3, 2016, the Company has accrued $7.8 million for dividends declared on October 29, 2015 for the fourth quarter of fiscal year 2015 that was paid in February 2016. On January 28, 2016, the Company announced that the Board had declared a quarterly dividend of $0.07 per share for the first quarter of fiscal year 2016 that will be payable in May 2016. In the future, the Board may determine to reduce or eliminate the Company’s common stock dividend in order to fund investments for growth, repurchase shares or conserve capital resources.

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Derivatives And Hedging Activities

12 Months Ended

Jan. 03, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives and Hedging Activities

Derivatives and Hedging Activities

The Company uses derivative instruments as part of its risk management strategy only, and includes derivatives utilized as economic hedges that are not designated as hedging instruments. By nature, all financial instruments involve market and credit risks. The Company enters into derivative instruments with major investment grade financial institutions and has policies to monitor the credit risk of those counterparties. The Company does not enter into derivative contracts for trading or other speculative purposes, nor does the Company use leveraged financial instruments. Approximately 60% of the Company’s business is conducted outside of the United States, generally in foreign currencies. As a result, fluctuations in foreign currency exchange rates can increase the costs of financing, investing and operating the business.

In the ordinary course of business, the Company enters into foreign exchange contracts for periods consistent with its committed exposures to mitigate the effect of foreign currency movements on transactions denominated in foreign currencies. The intent of these economic hedges is to offset gains and losses that occur on the underlying exposures from these currencies, with gains and losses resulting from the forward currency contracts that hedge these exposures. Transactions covered by hedge contracts include intercompany and third-party receivables and payables. The contracts are primarily in European and Asian currencies, have maturities that do not exceed 12 months, have no cash requirements until maturity, and are recorded at fair value on the Company’s consolidated balance sheets. The unrealized gains and losses on the Company’s foreign currency contracts are recognized immediately in interest and other expense, net. The cash flows related to the settlement of these hedges are included in cash flows from operating activities within the Company’s consolidated statement of cash flows.

Principal hedged currencies include the British Pound, Euro, Japanese Yen and Singapore Dollar. The Company held forward foreign exchange contracts, designated as economic hedges, with U.S. dollar equivalent notional amounts totaling $127.3 million at January 3, 2016, $95.0 million at December 28, 2014, and $138.4 million at December 29, 2013, and the fair value of these foreign currency derivative contracts was insignificant. The gains and losses realized on these foreign currency derivative contracts are not material. The duration of these contracts was generally 30 days or less during each of fiscal years 2015, 2014 and 2013.

In addition, in connection with certain intercompany loan agreements utilized to finance its acquisitions, the Company enters into forward foreign exchange contracts intended to hedge movements in foreign exchange rates prior to settlement of such intercompany loans denominated in foreign currencies. The Company records these hedges at fair value on the Company’s consolidated balance sheets. The unrealized gains and losses on these hedges, as well as the gains and losses associated with the remeasurement of the intercompany loans, are recognized immediately in interest and other expense, net. The cash flows related to the settlement of these hedges are included in cash flows from financing activities within the Company’s consolidated statement of cash flows.

During fiscal year 2014, the Company entered into five forward foreign exchange contracts, designated as economic hedges, with settlement dates in fiscal year 2015 and combined Euro denominated notional amounts of €238.2 million outstanding as of December 28, 2014, designated as economic hedges, that were intended to hedge movements in foreign exchange rates prior to settlement of certain intercompany loan agreements. During fiscal year 2015, the Company settled several of these forward exchange contracts. During fiscal year 2015, the Company also entered into new forward foreign exchange contracts that settled in fiscal year 2015 or will settle in fiscal year 2016. The combined Euro denominated notional amounts of these outstanding hedges was €107.4 million and €238.2 million as of January 3, 2016 and December 28, 2014, respectively. The net gains and losses on these derivatives, combined with the gains and losses on the remeasurement of the hedged intercompany loans, were not material for fiscal years 2015 and 2014. During fiscal year 2015, the Company received $18.7 million as a result of the settlement of these hedges.

In May 2008, the Company settled forward interest rate contracts with notional amounts totaling $150.0 million upon the issuance of its 2015 Notes, and recognized $8.4 million, net of taxes of $5.4 million, of accumulated derivative losses in other comprehensive (loss) income. During fiscal year 2013, the Company amortized a pre-tax loss of $2.0 million into interest and other expense, net. In addition, during fiscal year 2013, the Company redeemed all of its 2015 Notes and recognized a pre-tax loss of $2.8 million for the remaining unamortized derivative losses into interest and other expense, net.

The Company does not expect any material net pre-tax gains or losses to be reclassified from accumulated other comprehensive (loss) income into interest and other expense, net within the next twelve months.

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Fair Value Measurements

12 Months Ended

Jan. 03, 2016

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair Value Measurements

Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash equivalents, derivatives, marketable securities and accounts receivable. The Company believes it had no significant concentrations of credit risk as of January 3, 2016.

The Company uses the market approach technique to value its financial instruments and there were no changes in valuation techniques during fiscal years 2015 and 2014. The Company’s financial assets and liabilities carried at fair value are primarily comprised of marketable securities, derivative contracts used to hedge the Company’s currency risk, and acquisition related contingent consideration. The Company has not elected to measure any additional financial instruments or other items at fair value.

Valuation Hierarchy: The following summarizes the three levels of inputs required to measure fair value. For Level 1 inputs, the Company utilizes quoted market prices as these instruments have active markets. For Level 2 inputs, the Company utilizes quoted market prices in markets that are not active, broker or dealer quotations, or utilizes alternative pricing sources with reasonable levels of price transparency. For Level 3 inputs, the Company utilizes unobservable inputs based on the best information available, including estimates by management primarily based on information provided by third-party fund managers, independent brokerage firms and insurance companies. A financial asset’s or liability’s classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. In determining fair value, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible.

The following tables show the assets and liabilities carried at fair value measured on a recurring basis as of January 3, 2016 and December 28, 2014 classified in one of the three classifications described above:

				Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016			Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(In thousands)
Marketable securities	$	1,586		$	1,586	$	—		$	—
Foreign exchange derivative assets	2,659			—		2,659			—
Foreign exchange derivative liabilities	(442		)	—		(442		)	—
Contingent consideration	(57,350		)	—		—			(57,350		)

				Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014			Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(In thousands)
Marketable securities	$	1,568		$	1,568	$	—		$	—
Foreign exchange derivative assets	3,205			—		3,205			—
Foreign exchange derivative liabilities, net	(302		)	—		(302		)	—
Contingent consideration	(91		)	—		—			(91		)

Level 1 and Level 2 Valuation Techniques:  The Company’s Level 1 and Level 2 assets and liabilities are comprised of investments in equity and fixed-income securities as well as derivative contracts. For financial assets and liabilities that utilize Level 1 and Level 2 inputs, the Company utilizes both direct and indirect observable price quotes, including common stock price quotes, foreign exchange forward prices and bank price quotes. Below is a summary of valuation techniques for Level 1 and Level 2 financial assets and liabilities.

Marketable securities:    Include equity and fixed-income securities measured at fair value using the quoted market prices in active markets at the reporting date.

Foreign exchange derivative assets and liabilities:    Include foreign exchange derivative contracts that are valued using quoted forward foreign exchange prices at the reporting date. The Company’s foreign exchange derivative contracts are subject to master netting arrangements that allow the Company and its counterparties to net settle amounts owed to each other. Derivative assets and liabilities that can be net settled under these arrangements have been presented in the Company's consolidated balance sheet on a net basis and are recorded in other assets. As of both January 3, 2016 and December 28, 2014, none of the master netting arrangements involved collateral.

Level 3 Valuation Techniques:  The Company’s Level 3 liabilities are comprised of contingent consideration related to acquisitions. For liabilities that utilize Level 3 inputs, the Company uses significant unobservable inputs. Below is a summary of valuation techniques for Level 3 liabilities.

Contingent consideration:    Contingent consideration is measured at fair value at the acquisition date using projected milestone dates, discount rates, probabilities of success and projected revenues (for revenue-based considerations). Projected risk-adjusted contingent payments are discounted back to the current period using a discounted cash flow model.

During fiscal year 2015, the Company acquired certain assets and assumed certain liabilities from Vanadis. Under the terms of the acquisition, the initial purchase consideration was $32.0 million, net of cash and the Company will be obligated to make potential future milestone payments, based on completion of a proof of concept, regulatory approvals and product sales, of up to $93.0 million ranging from 2016 to 2019. The key assumptions used to determine the fair value of the contingent consideration included projected milestone dates of 2016 to 2019, discount rates ranging from 3.1% to 11.3%, conditional probabilities of success of each individual milestone ranging from 85% to 95% and cumulative probabilities of success for each individual milestone ranging from 53% to 90%. The fair value of the contingent consideration as of the acquisition date was estimated at $56.9 million. A significant delay in the product development (including projected regulatory milestone) achievement date in isolation could result in a significantly lower fair value measurement; a significant acceleration in the product development (including projected regulatory milestone) achievement date in isolation would not have a material impact on the fair value measurement; a significant change in the discount rate in isolation would not have a material impact on the fair value measurement; and a significant change in the probabilities of success in isolation could result in a significant change in fair value measurement.

The fair values of contingent consideration are calculated on a quarterly basis based on a collaborative effort of the Company’s regulatory, research and development, operations, finance and accounting groups, as appropriate. Potential valuation adjustments are made as additional information becomes available, including the progress towards achieving proof of concept, regulatory approvals and revenue targets as compared to initial projections, the impact of market competition and market landscape shifts from non-invasive prenatal testing products, with the impact of such adjustments being recorded in the consolidated statements of operations.

As of January 3, 2016, the Company may have to pay contingent consideration, related to acquisitions with open contingency periods, of up to $95.4 million. The expected maximum earnout period for acquisitions with open contingency periods does not exceed 6 years from the respective acquisition dates, and the remaining weighted average expected earnout period at January 3, 2016 was 2 years.

A reconciliation of the beginning and ending Level 3 net liabilities for contingent consideration is as follows:

	(In thousands)
Balance at December 30, 2012	$	(3,017	)
Additions	(1,100		)
Amounts paid and foreign currency translation	135
Change in fair value (included within selling, general and administrative expenses)	(944		)
Balance at December 29, 2013	(4,926		)
Additions	—
Amounts paid and foreign currency translation	2,074
Change in fair value (included within selling, general and administrative expenses)	2,761
Balance at December 28, 2014	(91		)
Additions	(57,353		)
Amounts paid and foreign currency translation	113
Change in fair value (included within selling, general and administrative expenses)	(19		)
Balance at January 3, 2016	$	(57,350	)

The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximate fair value due to the short-term maturities of these assets and liabilities. If measured at fair value, cash and cash equivalents would be classified as Level 1.

As of January 3, 2016, the Company’s senior unsecured revolving credit facility, which provides for $700.0 million of revolving loans, had borrowings outstanding of $482.0 million, which excluded $2.4 million unamortized debt issuance costs and letters of credit. As of December 28, 2014, the senior unsecured revolving credit facility had $516.0 million of borrowings outstanding, which excluded $3.2 million unamortized debt issuance costs and letters of credit. The interest rate on the Company’s senior unsecured revolving credit facility is reset at least monthly to correspond to variable rates that reflect currently available terms and conditions for similar debt. The Company had no change in credit standing during fiscal year 2015. Consequently, the borrowing value of the current year and prior year credit facilities approximate fair value and would be classified as Level 2.

The Company's 2021 Notes, with a face value of $500.0 million, had an aggregate carrying value of $495.1 million, net of $2.0 million of unamortized original issue discount and $2.9 million of unamortized debt issuance costs as of January 3, 2016. The 2021 Notes had an aggregate carrying value of $494.4 million, net of $2.3 million of unamortized original issue discount and $3.3 million of unamortized debt issuance costs as of December 28, 2014. The 2021 Notes had a fair value of $518.9 million and $542.7 million as of January 3, 2016 and December 28, 2014, respectively. The fair value of the 2021 Notes is estimated using market quotes from brokers and is based on current rates offered for similar debt.

The Company's financing lease obligations had an aggregate carrying value of $38.2 million and $39.3 million as of January 3, 2016 and December 28, 2014, respectively. The carrying values of the Company's financing lease obligations approximated their fair value as there has been minimal change in the Company's incremental borrowing rate.

As of January 3, 2016, the 2021 Notes and financing lease obligations were classified as Level 2.

As of January 3, 2016, there has not been any significant impact to the fair value of the Company’s derivative liabilities due to credit risk. Similarly, there has not been any significant adverse impact to the Company’s derivative assets based on the evaluation of its counterparties’ credit risks.

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Leases

12 Months Ended

Jan. 03, 2016

Leases [Abstract]

Leases

Leases

The Company leases certain property and equipment under operating leases. Rental expense charged to continuing operations for fiscal years 2015, 2014 and 2013 amounted to $54.4 million, $54.8 million, and $52.6 million, respectively. Minimum rental commitments under noncancelable operating leases are as follows: $51.0 million in fiscal year 2016, $34.1 million in fiscal year 2017, $25.9 million in fiscal year 2018, $20.2 million in fiscal year 2019, $16.4 million in fiscal year 2020 and $48.7 million in fiscal year 2021 and thereafter.

On August 22, 2013, the Company sold one of its facilities located in Boston, Massachusetts for net proceeds of $47.6 million. Simultaneously with the closing of the sale of the property, the Company entered into a lease agreement to lease back the property for its continued use. The lease has an initial term of 15 years and the Company has the right to extend the term of the lease for two additional periods of ten years each. The lease is accounted for as an operating lease and at the transaction date the Company had deferred $26.5 million of gains which are being amortized in operating expenses over the initial lease term of 15 years. During fiscal years 2015, 2014 and 2013, the Company amortized $1.8 million, $1.8 million and $0.6 million, respectively, of deferred gains related to the lease. The deferred gains remaining to be amortized were $22.3 million at January 3, 2016, of which $1.8 million was recorded in accrued expenses and other current liabilities, and $20.5 million was recorded in long-term liabilities. The deferred gains remaining to be amortized were $24.1 million at December 28, 2014, of which $1.8 million was recorded in accrued expenses and other current liabilities, and $22.3 million was recorded in long-term liabilities.

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Industry Segment and Geographic Area Information

12 Months Ended

Jan. 03, 2016

Segment Reporting [Abstract]

Industry Segment Information

Industry Segment and Geographic Area Information

The Company discloses information about its operating segments based on the way that management organizes the segments within the Company for making operating decisions and assessing financial performance. The Company evaluates the performance of its operating segments based on revenue and operating income. Intersegment revenue and transfers are not significant. The Company’s management reviews the results of the Company’s operations by the Human Health and Environmental Health operating segments. The accounting policies of the operating segments are the same as those described in Note 1.

The Company realigned its organization at the beginning of fiscal year 2015 to enable the Company to both deliver complete solutions targeted towards certain end markets and develop value-added applications and solutions to foster further expansion of those markets. OneSource, the Company's multivendor laboratory service business that serves the life sciences end market, was moved from the Environmental Health segment into the Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of the Company's operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to the Company's operating segments.

The principal products and services of the Company's two operating segments are:

• Human Health.    Develops diagnostics, tools and applications to help detect diseases earlier and more accurately and to accelerate the discovery and development of critical new therapies. The Human Health segment serves both the diagnostics and research markets.

• Environmental Health.    Provides products, services and solutions to facilitate the creation of safer food and consumer products, more secure surroundings and efficient energy resources. The Environmental Health segment serves the environmental, industrial and laboratory services markets.

The Company has included the expenses for its corporate headquarters, such as legal, tax, audit, human resources, information technology, and other management and compliance costs, as well as the activity related to the mark-to-market adjustment on postretirement benefit plans, as “Corporate” below. The Company has a process to allocate and recharge expenses to the reportable segments when these costs are administered or paid by the corporate headquarters based on the extent to which the segment benefited from the expenses. These amounts have been calculated in a consistent manner and are included in the Company’s calculations of segment results to internally plan and assess the performance of each segment for all purposes, including determining the compensation of the business leaders for each of the Company’s operating segments.

Revenue and operating income (loss) from continuing operations by operating segment are shown in the table below for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Human Health
Product revenue	$	976,451		$	996,767		$	957,022
Service revenue	400,193			387,456			368,872
Total revenue	1,376,644			1,384,223			1,325,894
Operating income from continuing operations(1)	251,743			233,689			168,794
Environmental Health
Product revenue	576,187			543,308			541,048
Service revenue	309,528			309,688			290,644
Total revenue	885,715			852,996			831,692
Operating income from continuing operations	89,544			95,605			84,710
Corporate
Operating loss from continuing operations(2)(3)	(55,153		)	(118,552		)	(25,710		)
Continuing Operations
Product revenue	$	1,552,638		$	1,540,075		$	1,498,070
Service revenue	709,721			697,144			659,516
Total revenue	2,262,359			2,237,219			2,157,586
Operating income from continuing operations	286,134			210,742			227,794
Interest and other expense, net (see Note 5)	42,119			41,139			64,110
Income from continuing operations before income taxes	$	244,015		$	169,603		$	163,684

____________________________

⁽¹⁾  Legal costs for a particular case in the Human Health segment were $0.8 million for fiscal year 2015. The Company also recognized a $0.2 million pre-tax impairment charge in the Human Health segment in fiscal year 2013. Both of these items have been included in operating income from continuing operations in the Human Health segment.

⁽²⁾  Activity related to the mark-to-market adjustment on postretirement benefit plans has been included in the Corporate operating loss from continuing operations, and in the aggregate constituted a pre-tax loss of $12.4 million in fiscal year 2015, a pre-tax loss of $75.9 million in fiscal year 2014, and pre-tax income of $17.6 million in fiscal year 2013.

⁽³⁾  Includes expenses related to litigation with Enzo Biochem, Inc. and Enzo Life Sciences, Inc. (collectively, “Enzo”). Enzo filed a complaint in 2002 that alleged that the Company separately and together with other defendants breached distributorship and settlement agreements with Enzo, infringed Enzo's patents, engaged in unfair competition and fraud, and committed torts against Enzo by, among other things, engaging in commercial development and exploitation of Enzo's patented products and technology. The Company entered into a settlement agreement with Enzo dated June 20, 2014 and during fiscal year 2014 paid $7.0 million into a designated escrow account to resolve this matter, of which $3.7 million had been accrued in previous years and $3.3 million was recorded during fiscal year 2014. In addition, $3.4 million of expenses were incurred and recorded in preparation for the trial during fiscal year 2014.

Additional information relating to the Company’s reporting segments is as follows for the three fiscal years ended January 3, 2016:

	Depreciation and Amortization Expense						Capital Expenditures
	January 3, 2016		December 28, 2014		December 29, 2013		January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)						(In thousands)
Human Health	$	81,335	$	92,604	$	100,941	$	16,091	$	16,922	$	22,999
Environmental Health	29,213		22,101		23,556		10,352		10,428		14,433
Corporate	1,459		2,031		2,382		3,189		1,722		1,549
Continuing operations	112,007		116,736		126,879		29,632		29,072		38,981
Discontinued operations	$	—	$	339	$	1,590	$	—	$	213	$	10

	Total Assets
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
Human Health	$	2,778,835	$	2,737,824	$	2,724,254
Environmental Health	1,358,963		1,361,270		1,182,356
Corporate	28,497		28,482		28,441
Net current and long-term assets of discontinued operations	—		—		5,831
Total assets	$	4,166,295	$	4,127,576	$	3,940,882

The following geographic area information for continuing operations includes revenue based on location of external customers for the three fiscal years ended January 3, 2016 and net long-lived assets based on physical location as of January 3, 2016 and December 28, 2014:

	Revenue
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
U.S.	$	916,314	$	849,356	$	826,991
International:
China	312,915		276,230		254,838
United Kingdom	112,763		134,614		133,611
Germany	105,421		107,081		99,153
Italy	74,744		85,433		78,120
France	74,651		84,946		81,719
Japan	72,624		93,811		95,676
Other international	592,927		605,748		587,478
Total international	1,346,045		1,387,863		1,330,595
Total sales	$	2,262,359	$	2,237,219	$	2,157,586

	Net Long-Lived Assets
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
U.S.	$	192,681	$	192,176	$	208,891
International:
China	34,494		36,797		30,682
United Kingdom	14,751		13,033		9,882
Finland	12,203		12,758		13,635
Singapore	7,679		7,041		6,812
Netherlands	3,835		3,614		4,037
Italy	2,958		4,107		2,735
Germany	2,171		2,493		2,591
Other international	10,598		12,664		11,045
Total international	88,689		92,507		81,419
Total net long-lived assets	$	281,370	$	284,683	$	290,310

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Quarterly Financial Information (Unaudited)

12 Months Ended

Jan. 03, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)

Quarterly Financial Information (Unaudited)

Selected quarterly financial information is as follows for the fiscal years ended:

	First Quarter		Second Quarter		Third Quarter			Fourth Quarter(1)			Year
	(In thousands, except per share data)
January 3, 2016
Revenue	$	526,901	$	563,906	$	563,436		$	608,116		$	2,262,359
Gross profit	235,374		252,512		254,603			282,011			1,024,500
Restructuring and contract termination charges, net	—		4,956		(118		)	8,752			13,590
Operating income from continuing operations	57,381		68,131		75,898			84,724			286,134
Income from continuing operations before income taxes	47,960		57,288		63,954			74,813			244,015
Income from continuing operations	40,311		48,996		54,897			68,484			212,688
Net income	40,334		48,974		54,863			68,254			212,425
Basic earnings per share:
Income from continuing operations	$	0.36	$	0.43	$	0.49		$	0.61		$	1.89
Net income	0.36		0.43		0.49			0.61			1.89
Diluted earnings per share:
Income from continuing operations	$	0.36	$	0.43	$	0.48		$	0.61		$	1.88
Net income	0.36		0.43		0.48			0.61			1.87
Cash dividends declared per common share	0.07		0.07		0.07			0.07			0.28
December 28, 2014
Revenue	$	530,610	$	556,170	$	542,049		$	608,390		$	2,237,219
Gross profit	235,713		247,984		243,309			277,602			1,004,608
Restructuring and contract termination charges, net	2,135		742		11,092			(579		)	13,390
Operating income from continuing operations	51,762		69,637		58,776			30,567			210,742
Income from continuing operations before income taxes	40,473		60,673		47,810			20,647			169,603
Income from continuing operations	34,951		52,003		42,898			31,314			161,166
Net income	34,224		50,490		42,277			30,787			157,778
Basic earnings per share:
Income from continuing operations	$	0.31	$	0.46	$	0.38		$	0.28		$	1.43
Net income	0.30		0.45		0.38			0.27			1.40
Diluted earnings per share:
Income continuing operations	$	0.31	$	0.46	$	0.38		$	0.28		$	1.42
Net income	0.30		0.44		0.37			0.27			1.39
Cash dividends declared per common share	0.07		0.07		0.07			0.07			0.28

____________________________

⁽¹⁾ The fourth quarter of fiscal year 2015 includes a pre-tax loss of $12.4 million as a result of the mark-to-market adjustment on postretirement benefit plans. The fourth quarter of fiscal year 2014 includes a pre-tax loss of $75.9 million as a result of the mark-to-market adjustment on postretirement benefit plans. See Note 1 for a discussion of this accounting policy.

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Nature of Operations and Accounting Policies Nature of Operations and Accounting Policies (Policies)

12 Months Ended

Jan. 03, 2016

Accounting Policies [Abstract]

Consolidation [Policy Text Block]

The consolidated financial statements include the accounts of PerkinElmer, Inc. and its subsidiaries (the “Company”). All intercompany balances and transactions have been eliminated in consolidation.

Segment Reporting [Policy Text Block]

The Company has two operating segments; Human Health and Environmental Health. The Company’s Human Health segment concentrates on developing diagnostics, tools and applications to help detect diseases earlier and more accurately and to accelerate the discovery and development of critical new therapies. Within the Human Health segment, the Company serves both the diagnostics and research markets. The Company’s Environmental Health segment provides products, services and solutions to facilitate the creation of safer food and consumer products, more secure surroundings and efficient energy resources. The Environmental Health segment serves the environmental, industrial and laboratory services markets.

The Company realigned its organization at the beginning of fiscal year 2015. OneSource, the Company's multivendor laboratory service business that serves the life sciences end market, was moved from the Environmental Health segment into the Human Health segment. The results reported for fiscal year 2015 reflect this new alignment of the Company's operating segments. Financial information in this report relating to fiscal years 2014 and 2013 has been retrospectively adjusted to reflect this change to the Company's operating segments.

Fiscal Periods [Policy Text Block]

The Company's fiscal year ends on the Sunday nearest December 31. The Company reports fiscal years under a 52/53 week format and as a result, certain fiscal years will contain 53 weeks. The fiscal year ended January 3, 2016 included 53 weeks. The additional week in fiscal year 2015 has been reflected in the Company's third quarter. Each of the fiscal years ended December 28, 2014 and December 29, 2013 included 52 weeks. The fiscal year ending January 1, 2017 will include 52 weeks.

Subsequent Events [Policy Text Block]

The Company has evaluated subsequent events from January 3, 2016 through the date of the issuance of these consolidated financial statements and has determined that other than the events the Company has disclosed within the notes to the consolidated financial statements, no material subsequent events have occurred that would affect the information presented in these consolidated financial statements.

Accounting Policies and Estimates [Policy Text Block]

Accounting Policies and Estimates:    The preparation of consolidated financial statements in accordance with United States (“U.S.”) Generally Accepted Accounting Principles (“GAAP”) requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. On an ongoing basis, the Company evaluates its estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates.

Revenue Recognition [Policy Text Block]

Revenue Recognition:    The Company’s product revenue is recorded when persuasive evidence of an arrangement exists, delivery has occurred, the price to the buyer is fixed or determinable, and collectability is reasonably assured. For products that include installation, and if the installation meets the criteria to be considered a separate element, product revenue is recognized upon delivery, and installation revenue is recognized when the installation is complete. For revenue that includes customer-specified acceptance criteria, revenue is recognized after the acceptance criteria have been met. Certain of the Company’s products require specialized installation. Revenue for these products is deferred until installation is completed. Revenue from services is deferred and recognized over the contractual period, or as services are rendered.

In limited circumstances, the Company has arrangements that include multiple elements that are delivered at different points of time, such as revenue from products and services with a remaining service or storage component, including cord blood processing and storage. For these arrangements, the revenue is allocated to each of the deliverables based upon their relative selling prices as determined by a selling-price hierarchy. A deliverable in an arrangement qualifies as a separate unit of accounting if the delivered item has value to the customer on a stand-alone basis. A delivered item that does not qualify as a separate unit of accounting is combined with the other undelivered items in the arrangement and revenue is recognized for those combined deliverables as a single unit of accounting. The selling price used for each deliverable is based upon vendor-specific objective evidence ("VSOE") if such evidence is available, third-party evidence ("TPE") if VSOE is not available, and management's best estimate of selling price ("BESP") if neither VSOE nor TPE are available. TPE is the price of the Company's or any competitor's largely interchangeable products or services in stand-alone sales to similarly-situated customers. BESP is the price at which the Company would sell the deliverable if it were sold regularly on a stand-alone basis, considering market conditions and entity-specific factors.

Revenue from software licenses and services was 5% of the Company's total revenue for each of fiscal years 2015, 2014 and 2013. The Company sells its software licenses with maintenance services and, in some cases, also with consulting services. For the undelivered elements, the Company determines VSOE of fair value to be the price charged when the undelivered element is sold separately. The Company determines VSOE for maintenance sold in connection with a software license based on the amount that will be separately charged for the maintenance renewal period. The Company determines VSOE for consulting services by reference to the amount charged for similar engagements when a software license sale is not involved.

The Company recognizes revenue from software licenses sold together with maintenance and/or consulting services upon shipment using the residual method, provided that the above criteria have been met. If VSOE of fair value for the undelivered elements cannot be established, the Company defers all revenue from the arrangement until the earlier of the point at which such sufficient VSOE does exist or all elements of the arrangement have been delivered, or if the only undelivered element is maintenance, then the Company recognizes the entire fee ratably over the maintenance period.

The Company recognizes revenue from the grant of certain intellectual property rights for patented technologies it owns. These rights typically include a combination of the following: the grant of a non-exclusive, retroactive and future license to patented technologies, a covenant-not-to-sue, the release of the licensee from certain claims, and the dismissal of any pending litigation. The intellectual property rights granted may be perpetual in nature, extending until the expiration of the related patents, or can be granted for a defined timeframe. For these arrangements, the revenue is allocated to each of the deliverables based upon their relative selling prices as determined by the selling-price hierarchy. In the case where the agreement includes the dismissal of any pending litigation, the Company allocates between revenue and litigation settlement using the residual method. The Company recognizes revenue when the earnings process is complete and upon the execution of the agreement, when collectability is reasonably assured, or upon receipt of the minimum upfront fee for term agreement renewals, and when all other revenue recognition criteria have been met.

Service revenues represent the Company’s service offerings including service contracts, field service including related time and materials, diagnostic testing, cord blood processing and storage, and training. Service revenues are recognized as the service is performed. Revenues for service contracts and storage contracts are recognized over the contract period.

The Company sells products and accessories predominantly through its direct sales force. As a result, the use of distributors is generally limited to geographic regions where the Company has no direct sales force. The Company does not offer product return or exchange rights (other than those relating to defective goods under warranty) or price protection allowances to its customers, including its distributors. Payment terms granted to distributors are the same as those granted to end-user customers and payments are not dependent upon the distributors’ receipt of payment from their end-user customers. Sales incentives related to distributor revenue are also the same as those for end-user customers.

Warranty Costs [Policy Text Block]

Warranty Costs:    The Company provides for estimated warranty costs for products at the time of their sale. Warranty liabilities are estimated using expected future repair costs based on historical labor and material costs incurred during the warranty period.

Shipping and Handling Costs [Policy Text Block]

Shipping and Handling Costs:    The Company reports shipping and handling revenue in revenue, to the extent they are billed to customers, and the associated costs in cost of product revenue.

Inventories [Policy Text Block]

Inventories:    Inventories, which include material, labor and manufacturing overhead, are valued at the lower of cost or market. Inventories are accounted for using the first-in, first-out method of determining inventory costs. Inventory quantities on-hand are regularly reviewed, and where necessary, provisions for excess and obsolete inventory are recorded based primarily on the Company’s estimated forecast of product demand and production requirements.

Income Taxes [Policy Text Block]

Income Taxes:    The Company uses the asset and liability method of accounting for income taxes. Under the asset and liability method, deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of assets and liabilities and their respective tax bases. This method also requires the recognition of future tax benefits such as net operating loss carryforwards, to the extent that realization of such benefits is more likely than not. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the fiscal years in which those temporary differences are expected to be recovered or settled. A valuation allowance is established for any deferred tax asset for which realization is not more likely than not. With respect to earnings expected to be indefinitely reinvested offshore, the Company does not accrue tax for the repatriation of such foreign earnings.

The Company provides reserves for potential payments of tax to various tax authorities related to uncertain tax positions and other issues. These reserves are based on a determination of whether and how much of a tax benefit taken by the Company in its tax filings or positions is more likely than not to be realized following resolution of any potential contingencies present related to the tax benefit. Potential interest and penalties associated with such uncertain tax positions is recorded as a component of income tax expense. See Note 6, below, for additional details.

Property, Plant and Equipment [Policy Text Block]

Property, Plant and Equipment:    The Company depreciates property, plant and equipment using the straight-line method over its estimated useful lives, which generally fall within the following ranges: buildings- 10 to 40 years; leasehold improvements-estimated useful life or remaining term of lease, whichever is shorter; and machinery and equipment- 3 to 7 years. Certain tooling costs are capitalized and amortized over a 3-year life, while repairs and maintenance costs are expensed.

Asset Retirement Obligations [Policy Text Block]

Asset Retirement Obligations:    The Company records obligations associated with its lease obligations, the retirement of tangible long-lived assets and the associated asset retirement costs in accordance with authoritative guidance on asset retirement obligations. The Company reviews legal obligations associated with the retirement of long-lived assets that result from contractual obligations or the acquisition, construction, development and/or normal use of the assets. If it is determined that a legal obligation exists, regardless of whether the obligation is conditional on a future event, the fair value of the liability for an asset retirement obligation is recognized in the period in which it is incurred, if a reasonable estimate of fair value can be made. The fair value of the liability is added to the carrying amount of the associated asset, and this additional carrying amount is depreciated over the life of the asset. The difference between the gross expected future cash flow and its present value is accreted over the life of the related lease as interest expense. The amounts recorded in the consolidated financial statements are not material to any year presented.

Change in Accounting for Pension and Other Postretirement Benefits [Policy Text Block]

Pension and Other Postretirement Benefits:    The Company sponsors both funded and unfunded U.S. and non-U.S. defined benefit pension plans and other postretirement benefits. The Company immediately recognizes actuarial gains and losses in operating results in the year in which the gains and losses occur. Actuarial gains and losses are measured annually as of the calendar month-end that is closest to the Company's fiscal year end and accordingly will be recorded in the fourth quarter, unless the Company is required to perform an interim remeasurement. The remaining components of pension expense, primarily service and interest costs and assumed return on plan assets, are recorded on a quarterly basis. The Company’s funding policy provides that payments to the U.S. pension trusts shall at least be equal to the minimum funding requirements of the Employee Retirement Income Security Act of 1974. Non-U.S. plans are accrued for, but generally not fully funded, and benefits are paid from operating funds.

Translation of Foreign Currencies [Policy Text Block]

Translation of Foreign Currencies:    For foreign operations, asset and liability accounts are translated at current exchange rates; income and expenses are translated using weighted average exchange rates for the reporting period. Resulting translation adjustments, as well as translation gains and losses from certain intercompany transactions considered permanent in nature, are reported in accumulated other comprehensive (loss) income, a separate component of stockholders’ equity. Gains and losses arising from transactions and translation of period-end balances denominated in currencies other than the functional currency are included in other expense, net

Business Combinations [Policy Text Block]

Business Combinations:    Business combinations are accounted for at fair value. Acquisition costs are expensed as incurred and recorded in selling, general and administrative expenses; previously held equity interests are valued at fair value upon the acquisition of a controlling interest; in-process research and development (“IPR&D”) is recorded at fair value as an intangible asset at the acquisition date; restructuring costs associated with a business combination are expensed subsequent to the acquisition date; and changes in deferred tax asset valuation allowances and income tax uncertainties after the acquisition date affect income tax expense. Measurement period adjustments are made in the period in which the amounts are determined and the current period income effect of such adjustments will be calculated as if the adjustments had been completed as of the acquisition date. All changes that do not qualify as measurement period adjustments are also included in current period earnings. The accounting for business combinations requires estimates and judgment as to expectations for future cash flows of the acquired business, and the allocation of those cash flows to identifiable intangible assets, in determining the estimated fair value for assets acquired and liabilities assumed. The fair values assigned to tangible and intangible assets acquired and liabilities assumed, including contingent consideration, are based on management’s estimates and assumptions, as well as other information compiled by management, including valuations that utilize customary valuation procedures and techniques. If the actual results differ from the estimates and judgments used in these estimates, the amounts recorded in the financial statements could result in a possible impairment of the intangible assets and goodwill, require acceleration of the amortization expense of finite-lived intangible assets, or the recognition of additional consideration which would be expensed.

Goodwill and Other Intangible Assets [Policy Text Block]

Goodwill and Other Intangible Assets:    The Company’s intangible assets consist of (i) goodwill, which is not being amortized; (ii) indefinite lived intangibles, which consist of a trade name that is not subject to amortization; and (iii) amortizing intangibles, which consist of patents, trade names and trademarks, licenses, customer relationships, and purchased technologies, which are being amortized over their estimated useful lives.

The process of testing goodwill for impairment involves the determination of the fair value of the applicable reporting units. The test consists of a two-step process. The first step is the comparison of the fair value to the carrying value of the reporting unit to determine if the carrying value exceeds the fair value. The second step measures the amount of an impairment loss, and is only performed if the carrying value exceeds the fair value of the reporting unit. This annual impairment assessment is performed by the Company on the later of January 1 or the first day of each fiscal year. This same impairment test will be performed at other times during the course of the year, should an event occur which suggests that the recoverability of goodwill should be reconsidered. Non-amortizing intangibles are also subject to an annual impairment test. The impairment test consists of a comparison of the fair value of the non-amortizing intangible asset with its carrying amount. If the carrying amount of a non-amortizing intangible asset exceeds its fair value, an impairment loss in an amount equal to that excess is recognized. In addition, the Company evaluates the remaining useful life of its non-amortizing intangible assets at least annually to determine whether events or circumstances continue to support an indefinite useful life. If events or circumstances indicate that the useful lives of non-amortizing intangible assets are no longer indefinite, the assets will be tested for impairment. These intangible assets will then be amortized prospectively over their estimated remaining useful life and accounted for in the same manner as other intangible assets that are subject to amortization. Recoverability of amortizing intangible assets is assessed only when events have occurred that may give rise to impairment. When a potential impairment has been identified, forecasted undiscounted net cash flows of the operations to which the asset relates are compared to the current carrying value of the long-lived assets present in that operation. If such cash flows are less than such carrying amounts, long-lived assets, including such intangibles, are written down to their respective fair values. See Note 12, below, for additional details.

Stock-Based Compensation [Policy Text Block]

Stock-Based Compensation:    The Company accounts for stock-based compensation expense based on estimated grant date fair value, generally using the Black-Scholes option-pricing model. The fair value is recognized, net of estimated forfeitures, as expense in the consolidated financial statements over the requisite service period. The determination of fair value and the timing of expense using option pricing models such as the Black-Scholes model require the input of highly subjective assumptions, including the expected term and the expected price volatility of the underlying stock. The Company estimates the expected term assumption based on historical experience. In determining the Company’s expected stock price volatility assumption, the Company reviews both the historical and implied volatility of the Company’s common stock, with implied volatility based on the implied volatility of publicly traded options on the Company’s common stock. The Company has one stock-based compensation plan from which it makes grants, which is described more fully in Note 18, below.

Marketable Securities and Investments [Policy Text Block]

Marketable Securities and Investments:    The cost of securities sold is based on the specific identification method. If securities are classified as available for sale, the Company records these investments at their fair values with unrealized gains and losses included in accumulated other comprehensive (loss) income. Under the cost method of accounting, equity investments in private companies are carried at cost and are adjusted for other-than-temporary declines in fair value, additional investments or distributions.

Cash Flows [Policy Text Block]

Cash and Cash Equivalents:    The Company considers all highly liquid unrestricted instruments with a purchased maturity of three months or less to be cash equivalents. The carrying amount of cash equivalents approximates fair value due to the short maturities of these instruments.

Environmental Matters [Policy Text Block]

Environmental Matters:    The Company accrues for costs associated with the remediation of environmental pollution when it is probable that a liability has been incurred and the Company’s proportionate share of the amount can be reasonably estimated. The recorded liabilities have not been discounted.

Research and Development Expense, Policy [Policy Text Block]

Research and Development:    Research and development costs are expensed as incurred. The fair value of acquired IPR&D costs are recorded at fair value as an intangible asset at the acquisition date and amortized once the product is ready for sale or expensed if abandoned.

Restructuring Charges [Policy Text Block]

Restructuring Charges:    In recent fiscal years, the Company has undertaken a series of restructuring actions related to the impact of acquisitions and divestitures, the alignment of its operations with its growth strategy, the integration of its business units and productivity initiatives. In connection with these initiatives, the Company has recorded restructuring charges, as more fully described in Note 4, below. Generally, costs associated with an exit or disposal activity are recognized when the liability is incurred. Prior to recording restructuring charges for employee separation agreements, the Company notifies all employees of termination. Costs related to employee separation arrangements requiring future service beyond a specified minimum retention period are recognized over the service period. Costs related to lease terminations are recorded at the fair value of the liability based on the remaining lease rental payments, reduced by estimated sublease rentals that could be reasonably obtained for the property, at the date the Company ceases use.

New Accounting Pronouncement or Change in Accounting Principle, Description

Comprehensive Income:    Comprehensive income is defined as net income or loss and other changes in stockholders’ equity from transactions and other events from sources other than stockholders. Comprehensive income is reflected in the consolidated statements of comprehensive income.

Derivative Instruments and Hedging [Policy Text Block]

Derivative Instruments and Hedging:    Derivatives are recorded on the consolidated balance sheets at fair value. Accounting for gains or losses resulting from changes in the values of those derivatives depends on the use of the derivative instrument and whether it qualifies for hedge accounting.

For a cash flow hedge, the effective portion of the derivative’s gain or loss is initially reported as a component of other comprehensive income and subsequently amortized into net earnings when the hedged exposure affects net earnings. Cash flow hedges related to anticipated transactions are designated and documented at the inception of each hedge by matching the terms of the contract to the underlying transaction. The Company classifies the cash flows from hedging transactions in the same categories as the cash flows from the respective hedged items. Once established, cash flow hedges are generally recorded in other comprehensive income, unless an anticipated transaction is no longer likely to occur, and subsequently amortized into net earnings when the hedged exposure affects net earnings. Discontinued or dedesignated cash flow hedges are immediately settled with counterparties, and the related accumulated derivative gains or losses are recognized into net earnings on the consolidated financial statements. Settled cash flow hedges related to forecasted transactions that remain probable are recorded as a component of other comprehensive (loss) income and are subsequently amortized into net earnings when the hedged exposure affects net earnings. Forward contract effectiveness for cash flow hedges is calculated by comparing the fair value of the contract to the change in value of the anticipated transaction using forward rates on a monthly basis. The Company also has entered into other foreign currency forward contracts that are not designated as hedging instruments for accounting purposes. These contracts are recorded at fair value, with the changes in fair value recognized into interest and other expense, net on the consolidated financial statements.

Description of New Accounting Pronouncements Not yet Adopted [Text Block]

Recently Issued Accounting Pronouncements:    From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (the "FASB") and are adopted by the Company as of the specified effective dates. Unless otherwise discussed, such pronouncements did not have or will not have a significant impact on the Company’s consolidated financial position, results of operations and cash flows or do not apply to the Company’s operations.

In February 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases. The provisions of this guidance are effective for annual periods beginning after December 15, 2018, and interim periods within those years, with early adoption permitted. The Company is evaluating the requirements of this guidance and has not yet determined the impact of the adoption on its consolidated financial position, results of operations and cash flows.

In November 2015, the FASB issued Accounting Standards Update No. 2015-17, Balance Sheet Classification of Deferred Taxes ("ASU No. 2015-17"). Under this new guidance, companies are required to present deferred tax assets and deferred tax liabilities, and any related valuation allowances, as noncurrent on the company's consolidated balance sheet. The provisions of this guidance can be applied prospectively or retrospectively and are effective for interim and annual periods beginning after December 15, 2016, with early adoption permitted. During fiscal year 2015, the Company early adopted the new guidance on a prospective basis and has presented all deferred tax assets and deferred tax liabilities as noncurrent in the consolidated balance sheet at January 3, 2016. If the Company elected to adopt the standard on a retrospective basis, current deferred tax assets of $62.0 million would have been classified as noncurrent at December 28, 2014.

In September 2015, the FASB issued Accounting Standards Update No. 2015-16, Simplifying the Accounting for Measurement-Period Adjustments ("ASU No. 2015-16"). Under this new guidance, an acquirer should recognize adjustments to provisional amounts for items in a business combination that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The acquirer should record, in the same period’s financial statements, the effect on earnings of changes in depreciation, amortization, or other income effects, if any, as a result of the change to the provisional amounts, calculated as if the accounting had been completed at the acquisition date. The provisions of this guidance are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. During the third quarter of fiscal year 2015, the Company early adopted the new guidance and adjusted the provisional amounts recorded for acquisitions in which the purchase accounting allocations were preliminary. During fiscal year 2015, there was an immaterial impact on the current period net income as a result of the change to the provisional amounts for items that would have been recognized in previous periods if the adjustments to provisional amounts had been recognized as of the acquisition date. See Note 2, below, for additional details.

In July 2015, the FASB issued Accounting Standards Update No. 2015-11, Simplifying the Measurement of Inventory. Under this new guidance, companies that use inventory measurement methods other than last-in, first-out or the retail inventory method should measure inventory at the lower of cost and net realizable value. The provisions of this guidance are to be applied prospectively and are effective for interim and annual periods beginning after December 15, 2016, with early adoption permitted. The Company is evaluating the requirements of this guidance. The adoption is not expected to have a material impact on the Company’s consolidated financial position, results of operations and cash flows.

In April 2015, the FASB issued Accounting Standards Update No. 2015-04, Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets. Under this new guidance, an entity with a fiscal year-end that does not coincide with a calendar month-end (for example an entity that has a 52/53 week fiscal year) has the ability, as a practical expedient, to measure its defined benefit retirement obligations and related plan assets as of the month-end that is closest to its fiscal year end. The provisions of this guidance should be applied prospectively. During fiscal year 2015, the Company early adopted the new guidance. The adoption did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.

In April 2015, the FASB issued Accounting Standards Update No. 2015-03, Interest - Imputation of Interest - Simplifying the Presentation of Debt Issuance Costs. Under this new guidance, debt issuance costs related to a recognized debt liability should be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The provisions of this guidance are to be applied retrospectively and are effective for interim and annual periods beginning after December 15, 2015, with early adoption permitted. The Company early adopted this guidance in the fourth quarter of fiscal year 2015. The consolidated balance sheet as of December 28, 2014, included in these consolidated financial statements, reflects a restatement to reclassify unamortized debt issuance costs of $6.5 million from other long-term assets to long-term debt. For debt issuance costs paid to secure revolving credit facilities, the Company made a policy election to present such costs as a direct deduction from the debt liability on the consolidated balance sheet.

In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers. Under this new guidance, an entity should use a five-step process to recognize revenue, depicting the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard also requires new disclosures regarding the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. Subsequent to the issuance of the standard, the FASB decided to defer the effective date for one year to annual periods beginning after December 15, 2017, with early adoption permitted for annual periods beginning after December 15, 2016. The standard may be adopted either using a full retrospective approach or a modified retrospective approach. The Company is evaluating the requirements of this guidance and has not yet determined the transition method to use or the impact of its adoption on the Company’s consolidated financial position, results of operations and cash flows. The Company does not intend to early adopt this standard.

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Business Combinations and Asset Purchases (Tables)

12 Months Ended

Jan. 03, 2016

Business Acquisition [Line Items]

Fair Values of the Business Combinations and Allocations for the Acquisitions Completed

The total purchase price for the acquisitions in fiscal year 2015 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	2015 Acquisitions
	(Preliminary)
	(In thousands)
Fair value of business combination:
Cash payments	$	75,285
Contingent consideration	56,878
Working capital and other adjustments	1,832
Less: cash acquired	(3,864		)
Total	$	130,131
Identifiable assets acquired and liabilities assumed:
Current assets	$	2,551
Property, plant and equipment	998
Identifiable intangible assets:
Core technology	15,759
Trade names	200
Licenses	116
Customer relationships	3,073
IPR&D	75,700
Goodwill	51,356
Deferred taxes	(16,772		)
Liabilities assumed	(2,850		)
Total	$	130,131

The total purchase price for the acquisitions in fiscal year 2014 has been allocated to the estimated fair values of assets acquired and liabilities assumed as follows:

	Perten			2014 Other Acquisitions
	(In thousands)
Fair value of business combination:
Cash payments	$	269,937		$	17,898
Working capital and other adjustments	—			(294		)
Less: cash acquired	(16,732		)	(124		)
Total	$	253,205		$	17,480
Identifiable assets acquired and liabilities assumed:
Current assets	$	32,578		$	1,935
Property, plant and equipment	1,485			125
Other assets	—			364
Identifiable intangible assets:
Core technology	17,000			1,705
Trade names	8,000			—
Customer relationships	87,000			6,800
IPR&D	—			1,266
Goodwill	160,776			15,518
Deferred taxes	(28,612		)	(3,072		)
Deferred revenue	—			(589		)
Liabilities assumed	(17,422		)	(2,285		)
Debt assumed	(7,600		)	(4,287		)
Total	$	253,205		$	17,480

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Discontinued Operations (Tables)

12 Months Ended

Jan. 03, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Summary pre-tax operating results of the discontinued operations, which include the periods prior to disposition and a $1.0 million pre-tax restructuring charge related to workforce reductions in the microarray-based diagnostic testing laboratory in the United States during fiscal year 2014, were as follows during the three fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Revenue	$	98		$	348		$	8,646
Costs and expenses	101			5,307			18,998
Loss from discontinued operations before income taxes	$	(3	)	$	(4,959	)	$	(10,352	)

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Restructuring and Contract Terminaiton Charges, Net (Tables)

12 Months Ended

Jan. 03, 2016

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs [Table Text Block]

The following table summarizes the number of employees reduced, the initial restructuring or contract termination charges by operating segment, and the dates by which payments were substantially completed, or the expected dates by which payments will be substantially completed, for restructuring actions implemented during fiscal years 2015, 2014 and 2013:

	Workforce Reductions					Closure of Excess Facility				Total		(Expected) Date Payments Substantially Completed by
	Headcount Reduction	Human Health		Environmental Health		Human Health		Environmental Health				Severance	Excess Facility
	(In thousands, except headcount data)
Q4 2015 Plan	174	$	2,230	$	9,065	$	285	$	—	$	11,580	Q1 FY2017	Q4 FY2017
Q2 2015 Plan	97	1,850		4,160		—		—		6,010		Q2 FY2016	—
Q3 2014 Plan	152	7,126		5,925		—		—		13,051		Q4 FY2015	—
Q2 2014 Plan	22	545		190		—		—		735		Q2 FY2015	—
Q1 2014 Plan	17	370		197		—		—		567		Q4 FY2014	—
Q4 2013 Plan	73	955		2,953		7,271		—		11,179		Q4 FY2014	Q1 FY2019
Q3 2013 Plan	29	394		—		138		—		532		Q1 FY2014	Q4 FY2013
Q2 2013 Plan(1)	264	9,523		8,609		522		50		18,704		Q4 FY2014	Q3 FY2014
Q1 2013 Plan	62	2,340		245		—		—		2,585		Q3 FY2013	—

____________________________

⁽¹⁾  Subsequent to the initial charge, during fiscal year 2013, the Company recorded an additional $0.6 million pre-tax restructuring charge in the Human Health segment for the Q2 2013 Plan for services that were provided for one-time termination benefits in which the employee was required to render service beyond the legal notification period.

Schedule of Restructuring Reserve by Type of Cost [Table Text Block]

The following table summarizes the Company's restructuring accrual balances and related activity by restructuring plan, as well as contract termination accrual balances and related activity, during fiscal years 2015, 2014 and 2013:

	Balance at December 30, 2012		2013 Charges and Changes in Estimates, Net		2013 Amounts Paid			Balance at December 29, 2013		2014 Charges and Changes in Estimates, Net			2014 Amounts Paid			Balance at December 28, 2014		2015 Charges and Changes in Estimates, Net			2015 Amounts Paid			Balance at January 3, 2016
	(In thousands)
Severance:
Q4 2015 Plan	$	—	$	—	$	—		$	—	$	—		$	—		$	—	$	11,295		$	(925	)	$	10,370
Q2 2015 Plan(1)	—		—		—			—		—			—			—		5,471			(4,322		)	1,149
Q3 2014 Plan(2)	—		—		—			—		13,051			(2,992		)	10,059		(3,064		)	(5,460		)	1,535
Q2 2014 Plan(3)	—		—		—			—		735			(484		)	251		(179		)	(13		)	59
Q1 2014 Plan(4)	—		—		—			—		567			(475		)	92		(92		)	—			—
Facility:
Q4 2015 Plan	—		—		—			—		—			—			—		285			(26		)	259
Previous Plans including 2013 plans(5)	27,151		33,196		(25,112		)	35,235		(2,508		)	(19,603		)	13,124		(209		)	(4,222		)	8,693
Restructuring	27,151		33,196		(25,112		)	35,235		11,845			(23,554		)	23,526		13,507			(14,968		)	22,065
Contract Termination	596		696		(992		)	300		1,545			(1,541		)	304		83			(255		)	132
Total Restructuring and Contract Termination	$	27,747	$	33,892	$	(26,104	)	$	35,535	$	13,390		$	(25,095	)	$	23,830	$	13,590		$	(15,223	)	$	22,197

____________________________

⁽¹⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $0.2 million in the Human Health segment and $0.3 million in the Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q2 2015 Plan.

⁽²⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $1.2 million in the Human Health segment and $1.9 million in the Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q3 2014 Plan.

⁽³⁾  During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $0.1 million in each of the Human Health and Environmental Health segments related to lower than expected costs associated with workforce reductions for the Q2 2014 Plan.

⁽⁴⁾  During fiscal year 2015, the Company recognized a pre-tax restructuring reversal of $0.1 million in the Human Health segment related to lower than expected costs associated with workforce reductions for the Q1 2014 Plan.

⁽⁵⁾  During fiscal year 2015, the Company recognized a pre-tax restructuring charge of $1.4 million in the Human Health segment primarily related to higher than expected costs associated with the closure of the excess facility space, which was offset by a pre-tax restructuring reversal of $1.6 million in the Environmental Health segment primarily related to lower than expected costs associated with workforce reductions for the previous restructuring plans. During fiscal year 2014, the Company recognized pre-tax restructuring reversals of $0.8 million in the Human Health segment and $1.7 million in the Environmental Health segment primarily related to lower than expected costs associated with workforce reductions, which was partially offset by higher than expected costs associated with the closure of the excess facility space for the previous restructuring plans.

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Interest and Other Expense (Income), Net (Tables)

12 Months Ended

Jan. 03, 2016

Other Income and Expenses [Abstract]

Interest and Other Expense (Income), Net

Interest and other expense, net, consisted of the following for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Interest income	$	(673	)	$	(667	)	$	(650	)
Interest expense	37,997			36,270			49,924
Other expense, net	4,795			5,536			14,836
Total interest and other expense, net	$	42,119		$	41,139		$	64,110

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Income Taxes (Tables)

12 Months Ended

Jan. 03, 2016

Income Tax Disclosure [Abstract]

Summary of Income Tax Contingencies [Table Text Block]

The tabular reconciliation of the total amounts of unrecognized tax benefits is as follows for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Unrecognized tax benefits, beginning of year	$	32,342		$	39,410		$	58,110
Gross increases—tax positions in prior periods	325			—			325
Gross decreases—tax positions in prior periods	(2,305		)	(1,809		)	(10,539		)
Gross increases—current-period tax positions	—			239			2,222
Settlements	(441		)	(1,400		)	(3,643		)
Lapse of statute of limitations	(1,077		)	(4,129		)	(6,495		)
Foreign currency translation adjustments	(701		)	31			(570		)
Unrecognized tax benefits, end of year	$	28,143		$	32,342		$	39,410

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

The components of income (loss) from continuing operations before income taxes were as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014			December 29, 2013
	(In thousands)
U.S.	$	3,160	$	(37,758	)	$	(71,901	)
Non-U.S.	240,855		207,361			235,585
Total	$	244,015	$	169,603		$	163,684

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the provision for (benefit from) income taxes for continuing operations were as follows:

	Current Expense (Benefit)			Deferred Expense (Benefit)			Total
	(In thousands)
Fiscal year ended January 3, 2016
Federal	$	(5,532	)	$	(1,799	)	$	(7,331	)
State	3,112			(2,492		)	620
Non-U.S.	40,318			(2,280		)	38,038
Total	$	37,898		$	(6,571	)	$	31,327
Fiscal year ended December 28, 2014
Federal	$	(262	)	$	(19,169	)	$	(19,431	)
State	2,416			(3,842		)	(1,426		)
Non-U.S.	39,634			(10,340		)	29,294
Total	$	41,788		$	(33,351	)	$	8,437
Fiscal year ended December 29, 2013
Federal	$	2,331		$	(29,961	)	$	(27,630	)
State	1,968			(2,147		)	(179		)
Non-U.S.	15,025			2,201			17,226
Total	$	19,324		$	(29,907	)	$	(10,583	)

Schedule of Income Tax Expense (Benefit), Continuing Operations and Discontinued Operations [Table Text Block]

The total provision for (benefit from) income taxes included in the consolidated financial statements is as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014			December 29, 2013
	(In thousands)
Continuing operations	$	31,327	$	8,437		$	(10,583	)
Discontinued operations	232		(1,831		)	(5,107		)
Total	$	31,559	$	6,606		$	(15,690	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of income tax expense at the U.S. federal statutory income tax rate to the recorded tax provision is as follows for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Tax at statutory rate	$	85,405		$	59,361		$	57,289
Non-U.S. rate differential, net	(51,814		)	(36,616		)	(36,377		)
U.S. taxation of multinational operations	1,732			2,367			3,658
State income taxes, net	649			1,970			(1,762		)
Prior year tax matters	(7,202		)	(7,009		)	(23,534		)
Federal tax credits	(2,295		)	(3,399		)	(5,452		)
Change in valuation allowance	2,593			(7,679		)	(4,675		)
Other, net	2,259			(558		)	270
Total	$	31,327		$	8,437		$	(10,583	)

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

The tax effects of temporary differences and attributes that gave rise to deferred income tax assets and liabilities as of January 3, 2016 and December 28, 2014 were as follows:

	January 3, 2016			December 28, 2014
	(In thousands)
Deferred tax assets:
Inventory	$	9,887		$	9,041
Reserves and accruals	29,137			30,641
Accrued compensation	23,620			22,915
Net operating loss and credit carryforwards	100,336			106,020
Accrued pension	34,736			44,342
Restructuring reserve	6,362			7,522
Deferred revenue	40,065			46,413
All other, net	—			824
Total deferred tax assets	244,143			267,718
Deferred tax liabilities:
Postretirement health benefits	(4,202		)	(4,472		)
Depreciation and amortization	(140,091		)	(176,043		)
Total deferred tax liabilities	(144,293		)	(180,515		)
Valuation allowance	(67,400		)	(55,460		)
Net deferred tax assets	$	32,450		$	31,743

Schedule of Deferred Income Taxes, Domestic and Foreign [Table Text Block]

The components of net deferred tax assets (liabilities) as of January 3, 2016 and December 28, 2014 were as follows:

	January 3, 2016			December 28, 2014
	(In thousands)
U.S.	$	54,411		$	44,073
Non-U.S.	(21,961		)	(12,330		)
Total	$	32,450		$	31,743

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Earnings Per Share (Tables)

12 Months Ended

Jan. 03, 2016

Earnings Per Share [Abstract]

Schedule of Reconciliation of Number of Shares Utilized in Earnings Per Share Calculations

The following table reconciles the number of shares utilized in the earnings per share calculations for the fiscal years ended:

	January 3, 2016	December 28, 2014	December 29, 2013
	(In thousands)
Number of common shares—basic	112,507	112,593	112,254
Effect of dilutive securities:
Stock options	621	922	982
Restricted stock awards	187	224	267
Number of common shares—diluted	113,315	113,739	113,503
Number of potentially dilutive securities excluded from calculation due to antidilutive impact	607	475	485

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Inventories, Net (Tables)

12 Months Ended

Jan. 03, 2016

Inventory Disclosure [Abstract]

Schedule of Net Inventories

Inventories as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Raw materials	$	98,984	$	96,169
Work in progress	17,858		18,783
Finished goods	171,186		170,505
Total inventories	$	288,028	$	285,457

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Property, Plant and Equipment, Net (Tables)

12 Months Ended

Jan. 03, 2016

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment [Table Text Block]

Property, plant and equipment, at cost, as of January 3, 2016 and December 28, 2014, consisted of the following:

	January 3, 2016			December 28, 2014
	(In thousands)
Land	$	802		$	906
Building and leasehold improvements	177,587			175,040
Machinery and equipment	316,567			316,868
Total property, plant and equipment	494,956			492,814
Accumulated depreciation	(327,927		)	(316,620		)
Total property, plant and equipment, net	$	167,029		$	176,194

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Marketable Securities and Investments (Tables)

12 Months Ended

Jan. 03, 2016

Marketable Securities [Abstract]

Schedule of Investments, Noncurrent [Table Text Block]

Investments as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Marketable securities	$	1,586	$	1,568

Available-for-sale Securities [Table Text Block]

Marketable securities classified as available for sale as of January 3, 2016 and December 28, 2014 consisted of the following:

	Market		Gross Unrealized Holding
	Value		Cost		Gains		(Losses)
			(In thousands)
January 3, 2016
Equity securities	$	908	$	1,299	$	—	$	(391	)
Fixed-income securities	57		57		—		—
Other	621		822		—		(201		)
	$	1,586	$	2,178	$	—	$	(592	)
December 28, 2014
Equity securities	$	1,002	$	1,110	$	7	$	(115	)
Fixed-income securities	88		88		—		—
Other	478		541		—		(63		)
	$	1,568	$	1,739	$	7	$	(178	)

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Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Jan. 03, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for fiscal years 2015 and 2014 are as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Balance at December 29, 2013	$	1,689,492		$	453,628		$	2,143,120
Foreign currency translation	(29,145		)	(8,741		)	(37,886		)
Acquisitions, earnouts and other	2,408			176,435			178,843
Balance at December 28, 2014	1,662,755			621,322			2,284,077
Foreign currency translation	(28,368		)	(27,066		)	(55,434		)
Acquisitions, earnouts and other	38,104			9,402			47,506
Balance at January 3, 2016	$	1,672,491		$	603,658		$	2,276,149

Identifiable Intangible Asset Balances

Identifiable intangible asset balances at January 3, 2016 by category and by business segment were as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Patents	$	37,111		$	2,800		$	39,911
Less: Accumulated amortization	(27,466		)	(2,322		)	(29,788		)
Net patents	9,645			478			10,123
Trade names and trademarks	32,887			7,362			40,249
Less: Accumulated amortization	(19,810		)	(876		)	(20,686		)
Net trade names and trademarks	13,077			6,486			19,563
Licenses	58,969			—			58,969
Less: Accumulated amortization	(45,286		)	—			(45,286		)
Net licenses	13,683			—			13,683
Core technology	181,807			125,435			307,242
Less: Accumulated amortization	(121,262		)	(90,567		)	(211,829		)
Net core technology	60,545			34,868			95,413
Customer relationships	298,978			92,588			391,566
Less: Accumulated amortization	(177,730		)	(13,925		)	(191,655		)
Net customer relationships	121,248			78,663			199,911
IPR&D	80,748			4,931			85,679
Less: Accumulated amortization	(1,378		)	(2,767		)	(4,145		)
Net IPR&D	79,370			2,164			81,534
Net amortizable intangible assets	297,568			122,659			420,227
Non-amortizable intangible assets:
Trade name	—			70,584			70,584
Total	$	297,568		$	193,243		$	490,811

Identifiable intangible asset balances at December 28, 2014 by category and business segment were as follows:

	Human Health			Environmental Health			Consolidated
	(In thousands)
Patents	$	37,153		$	2,800		$	39,953
Less: Accumulated amortization	(25,018		)	(2,182		)	(27,200		)
Net patents	12,135			618			12,753
Trade names and trademarks	33,069			7,000			40,069
Less: Accumulated amortization	(16,878		)	(58		)	(16,936		)
Net trade names and trademarks	16,191			6,942			23,133
Licenses	59,631			—			59,631
Less: Accumulated amortization	(41,792		)	—			(41,792		)
Net licenses	17,839			—			17,839
Core technology	171,163			127,328			298,491
Less: Accumulated amortization	(100,050		)	(84,647		)	(184,697		)
Net core technology	71,113			42,681			113,794
Customer relationships	301,371			100,814			402,185
Less: Accumulated amortization	(149,917		)	(7,077		)	(156,994		)
Net customer relationships	151,454			93,737			245,191
IPR&D	5,079			5,024			10,103
Less: Accumulated amortization	(998		)	(2,134		)	(3,132		)
Net IPR&D	4,081			2,890			6,971
Net amortizable intangible assets	272,813			146,868			419,681
Non-amortizable intangible assets:
Trade name	—			70,584			70,584
Total	$	272,813		$	217,452		$	490,265

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Debt (Tables)

12 Months Ended

Jan. 03, 2016

Debt Disclosure [Abstract]

Schedule of Maturities of Long-term Debt [Table Text Block]

The following table summarizes the maturities of the Company’s indebtedness as of January 3, 2016:

	Sr. Unsecured Revolving Credit Facility Maturing 2019			5.0% Sr. Notes Maturing 2021			Financing Lease Obligations		Total
	(In thousands)
2016	$	—		$	—		$	1,123	$	1,123
2017	—			—			1,169		1,169
2018	—			—			1,367		1,367
2019	482,000			—			1,532		483,532
2020	—			—			1,597		1,597
2021 and thereafter	—			500,000			31,409		531,409
Total before unamortized discount	482,000			500,000			38,197		1,020,197
Unamortized discount and debt issuance costs	(2,384		)	(4,928		)	—		(7,312		)
Total	$	479,616		$	495,072		$	38,197	$	1,012,885

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Accrued Expenses and Other Current Liabilities (Tables)

12 Months Ended

Jan. 03, 2016

Accounts Payable and Accrued Liabilities, Current [Abstract]

Schedule of Accrued Liabilities [Table Text Block]

Accrued expenses and other current liabilities as of January 3, 2016 and December 28, 2014 consisted of the following:

	January 3, 2016		December 28, 2014
	(In thousands)
Payroll and incentives	$	62,813	$	61,018
Employee benefits	33,446		40,318
Deferred revenue	163,167		168,928
Federal, non-U.S. and state income taxes	2,882		9,801
Other accrued operating expenses	126,138		122,956
Total accrued expenses and other current liabilities	$	388,446	$	403,021

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Employee Benefit Plans (Tables)

12 Months Ended

Jan. 03, 2016

Pension Plans, Defined Benefit

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Components of Net Periodic Benefit Cost (Credit)

Net periodic pension cost (credit) for U.S. and non-U.S. plans included the following components for fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Service cost	$	4,332		$	4,070		$	3,664
Interest cost	20,696			23,475			21,334
Expected return on plan assets	(26,021		)	(25,007		)	(25,106		)
Curtailment gain	(907		)	—			—
Actuarial loss (gain)	12,953			71,700			(16,464		)
Amortization of prior service cost	(238		)	(281		)	(267		)
Net periodic pension cost (credit)	$	10,815		$	73,957		$	(16,839	)

Schedule of Net Funded Status

The following table sets forth the changes in the funded status of the principal U.S. pension plan and the principal non-U.S. pension plans and the amounts recognized in the Company’s consolidated balance sheets as of January 3, 2016 and December 28, 2014.

	January 3, 2016						December 28, 2014
	Non-U.S.			U.S.			Non-U.S.			U.S.
	(In thousands)
Actuarial present value of benefit obligations:
Accumulated benefit obligations	$	267,862		$	301,416		$	291,640		$	327,632
Change in benefit obligations:
Projected benefit obligations at beginning of year	$	303,809		$	327,632		$	288,216		$	279,299
Service cost	2,532			1,800			2,670			1,400
Interest cost	7,695			13,001			10,575			12,900
Benefits paid and plan expenses	(11,100		)	(24,127		)	(12,280		)	(19,282		)
Participants’ contributions	343			—			394			—
Plan curtailments	(759		)	—			—			—
Plan settlements	(1,401		)	—			—			—
Actuarial loss (gain)	131			(16,890		)	42,095			53,315
Effect of exchange rate changes	(24,290		)	—			(27,861		)	—
Projected benefit obligations at end of year	$	276,960		$	301,416		$	303,809		$	327,632
Change in plan assets:
Fair value of plan assets at beginning of year	$	156,767		$	256,254		$	143,704		$	249,756
Actual return on plan assets	3,745			(7,434		)	22,939			25,780
Benefits paid and plan expenses	(11,100		)	(24,127		)	(12,280		)	(19,282		)
Employer’s contributions	10,908			20,000			11,195			—
Participants’ contributions	343			—			394			—
Plan settlements	(1,401		)	—			—			—
Effect of exchange rate changes	(8,368		)	—			(9,185		)	—
Fair value of plan assets at end of year	150,894			244,693			156,767			256,254
Net liabilities recognized in the consolidated balance sheets	$	(126,066	)	$	(56,723	)	$	(147,042	)	$	(71,378	)
Net amounts recognized in the consolidated balance sheets consist of:
Noncurrent assets	$	12,135		$	—		$	9,825		$	—
Current liabilities	(6,261		)	—			(6,786		)	—
Noncurrent liabilities	(131,940		)	(56,723		)	(150,081		)	(71,378		)
Net liabilities recognized in the consolidated balance sheets	$	(126,066	)	$	(56,723	)	$	(147,042	)	$	(71,378	)
Net amounts recognized in accumulated other comprehensive income consist of:
Prior service cost	$	(932	)	$	—		$	(1,371	)	$	—
Net amounts recognized in accumulated other comprehensive income	$	(932	)	$	—		$	(1,371	)	$	—
Actuarial assumptions as of the year-end measurement date:
Discount rate	2.88		%	4.25		%	2.75		%	4.08		%
Rate of compensation increase	3.26		%	None			3.07		%	None

Actuarial assumptions used to determine net periodic pension cost during the year were as follows:

	January 3, 2016				December 28, 2014				December 29, 2013
	Non-U.S.		U.S.		Non-U.S.		U.S.		Non-U.S.		U.S.
Discount rate	2.75	%	4.08	%	3.77	%	4.77	%	3.62	%	3.92	%
Rate of compensation increase	3.28	%	None		3.23	%	None		2.88	%	None
Expected rate of return on assets	4.60	%	7.25	%	5.30	%	7.25	%	5.50	%	7.50	%

Schedule of Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]

The following table provides a breakdown of the non-U.S. benefit obligations and fair value of assets for pension plans that have benefit obligations in excess of plan assets:

	January 3, 2016		December 28, 2014
	(In thousands)
Pension Plans with Projected Benefit Obligations in Excess of Plan Assets
Projected benefit obligations	$	138,201	$	156,867
Fair value of plan assets	—		—
Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets
Accumulated benefit obligations	$	134,858	$	153,239
Fair value of plan assets	—		—

Schedule of Allocation of Plan Assets

Assets of the defined benefit pension plans are primarily equity and debt securities. Asset allocations as of January 3, 2016 and December 28, 2014, and target asset allocations for fiscal year 2016 are as follows:

	Target Allocation				Percentage of Plan Assets at
	January 1, 2017				January 3, 2016				December 28, 2014
Asset Category	Non-U.S.		U.S.		Non-U.S.		U.S.		Non-U.S.		U.S.
Equity securities	45-55%		40-50%		49	%	42	%	49	%	39	%
Debt securities	45-55%		50-60%		50	%	58	%	50	%	61	%
Other	0-5%		0-5%		1	%	—	%	1	%	—	%
Total	100	%	100	%	100	%	100	%	100	%	100	%

Schedule of Changes in Fair Value of Plan Assets

The fair values of the Company’s pension plan assets as of January 3, 2016 and December 28, 2014 by asset category, classified in the three levels of inputs described in Note 21 to the consolidated financial statements are as follows:

			Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	2,890	$	2,890	$	—	$	—
Equity Securities:
U.S. large-cap	30,357		30,357		—		—
International large-cap value	26,686		26,686		—		—
Emerging markets growth	10,600		10,600		—		—
Equity index funds	74,974		—		74,974		—
Domestic real estate funds	2,735		2,735		—		—
Commodity funds	8,128		8,128		—		—
Fixed income securities:
Non-U.S. Treasury Securities	21,531		—		21,531		—
Corporate and U.S. debt instruments	137,117		28,746		108,371		—
Corporate bonds	23,871		—		23,871		—
High yield bond funds	3,324		3,324		—		—
Other types of investments:
Multi-strategy hedge funds	23,415		—		—		23,415
Venture capital funds	1		—		—		1
Non-U.S. government index linked bonds	29,958		—		29,958		—
Total assets measured at fair value	$	395,587	$	113,466	$	258,705	$	23,416

			Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	4,971	$	4,971	$	—	$	—
Equity Securities:
U.S. large-cap	28,602		28,602		—		—
International large-cap value	25,202		25,202		—		—
Emerging markets growth	13,010		13,010		—		—
Equity index funds	77,432		—		77,432		—
Domestic real estate funds	2,860		2,860		—		—
Commodity funds	7,423		7,423		—		—
Fixed income securities:
Non-U.S. Treasury Securities	22,025		—		22,025		—
Corporate and U.S. debt instruments	147,834		53,813		94,021		—
Corporate bonds	25,164		—		25,164		—
High yield bond funds	3,614		3,614		—		—
Other types of investments:
Multi-strategy hedge funds	23,332		—		—		23,332
Venture capital funds	1		—		—		1
Non-U.S. government index linked bonds	31,551		—		31,551		—
Total assets measured at fair value	$	413,021	$	139,495	$	250,193	$	23,333

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets

A reconciliation of the beginning and ending Level 3 assets for fiscal years 2015, 2014 and 2013 is as follows:

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3):
	Common Collective Trusts/Private Funds			Venture Capital Funds			Multi-strategy Hedge Funds		Total
	(In thousands)
Balance at December 30, 2012	$	162		$	7		$	20,262	$	20,431
Realized losses	7			—			—		7
Unrealized (losses) gains	(19		)	1			2,427		2,409
Issuances, sales and settlements	(150		)	—			—		(150		)
Balance at December 29, 2013	—			8			22,689		22,697
Unrealized (losses) gains	—			(7		)	643		636
Balance at December 28, 2014	—			1			23,332		23,333
Unrealized gains	—			—			83		83
Balance at January 3, 2016	$	—		$	1		$	23,415	$	23,416

Schedule of Expected Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as follows:

	Non-U.S.		U.S.
	(In thousands)
2016	$	10,490	$	17,950
2017	11,051		18,018
2018	11,466		18,289
2019	11,855		18,469
2020	12,473		18,683
2021-2025	67,253		95,733

Other Postretirement Benefit Plans, Defined Benefit [Member]

Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]

Components of Net Periodic Benefit Cost (Credit)

Net periodic postretirement medical benefit cost (credit) included the following components for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Service cost	$	108		$	95		$	106
Interest cost	143			155			135
Expected return on plan assets	(1,062		)	(964		)	(965		)
Actuarial loss (gain)	971			(384		)	(182		)
Net periodic postretirement medical benefit cost (credit)	$	160		$	(1,098	)	$	(906	)

Schedule of Net Funded Status

The following table sets forth the changes in the postretirement medical plan’s funded status and the amounts recognized in the Company’s consolidated balance sheets as of January 3, 2016 and December 28, 2014.

	January 3, 2016			December 28, 2014
	(In thousands)
Actuarial present value of benefit obligations:
Retirees	$	1,033		$	1,159
Active employees eligible to retire	424			388
Other active employees	2,119			1,795
Accumulated benefit obligations at beginning of year	3,576			3,342
Service cost	108			95
Interest cost	143			155
Benefits paid	(158		)	(157		)
Actuarial (gain) loss	(308		)	141
Change in accumulated benefit obligations during the year	(215		)	234
Retirees	907			1,033
Active employees eligible to retire	423			424
Other active employees	2,031			2,119
Accumulated benefit obligations at end of year	3,361			3,576
Change in plan assets:
Fair value of plan assets at beginning of year	14,728			13,396
Actual return on plan assets	(375		)	1,332
Fair value of plan assets at end of year	14,353			14,728
Net assets recognized in the consolidated balance sheets	$	10,992		$	11,152
Net amounts recognized in the consolidated balance sheets consist of:
Noncurrent assets	$	10,992		$	11,152
Net assets recognized in the consolidated balance sheets	$	10,992		$	11,152
Net amounts recognized in accumulated other comprehensive income consist of:
Prior service cost	$	—		$	—
Net amounts recognized in accumulated other comprehensive income	$	—		$	—
Actuarial assumptions as of the year-end measurement date:
Discount rate	4.34		%	4.10		%

Actuarial assumptions used to determine net cost during the year are as follows:

	January 3, 2016		December 28, 2014		December 29, 2013
Discount rate	4.10	%	4.77	%	3.86	%
Expected rate of return on assets	7.25	%	7.25	%	7.50	%

Schedule of Changes in Fair Value of Plan Assets

The fair values of the Company’s plan assets at January 3, 2016 and December 28, 2014 by asset category, classified in the three levels of inputs described in Note 21, are as follows:

			Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	133	$	133	$	—	$	—
Equity Securities:
U.S. large-cap	1,781		1,781		—		—
International large-cap value	1,566		1,566		—		—
Emerging markets growth	622		622		—		—
Domestic real estate funds	160		160		—		—
Commodity funds	477		477		—		—
Fixed income securities:
Corporate debt instruments	8,045		1,687		6,358		—
High yield bond funds	195		195		—		—
Other types of investments:
Multi-strategy hedge funds	1,374		—		—		1,374
Total assets measured at fair value	$	14,353	$	6,621	$	6,358	$	1,374

			Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable  Inputs (Level 3)
	(In thousands)
Cash	$	248	$	248	$	—	$	—
Equity Securities:
U.S. large-cap	1,644		1,644		—		—
International large-cap value	1,449		1,449		—		—
Emerging markets growth	748		748		—		—
Domestic real estate funds	164		164		—		—
Commodity funds	427		427		—		—
Fixed income securities:
Corporate debt instruments	8,499		3,094		5,405		—
High yield bond funds	208		208		—		—
Other types of investments:
Multi-strategy hedge funds	1,341		—		—		1,341
Total assets measured at fair value	$	14,728	$	7,982	$	5,405	$	1,341

Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets

A reconciliation of the beginning and ending Level 3 assets for fiscal years 2015, 2014 and 2013 is as follows:

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3):
	Common Collective Trusts/Private Funds			Venture Capital Funds			Multi-strategy Hedge Funds		Total
	(In thousands)
Balance at December 30, 2012	$	9		$	1		$	1,184	$	1,194
Unrealized (losses) gains	(1		)	(1		)	33		31
Issuances, sales and settlements	(8		)	—			—		(8		)
Balance at December 29, 2013	—			—			1,217		1,217
Unrealized gains	—			—			124		124
Balance at December 28, 2014	—			—			1,341		1,341
Unrealized gains	—			—			33		33
Balance at January 3, 2016	$	—		$	—		$	1,374	$	1,374

Schedule of Expected Benefit Payments

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid as follows:

Postretirement Medical Plan
	(In thousands)
2016	$	162
2017	171
2018	179
2019	189
2020	197
2021-2025	1,154

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Warranty Reserves (Tables)

12 Months Ended

Jan. 03, 2016

Product Warranties Disclosures [Abstract]

Warranty Reserve Activity

A summary of warranty reserve activity for the fiscal years ended January 3, 2016, December 28, 2014 and December 29, 2013 is as follows:

	(In thousands)
Balance at December 30, 2012	$	11,003
Provision charged to income	17,291
Payments	(17,116		)
Adjustments to previously provided warranties, net	(693		)
Foreign currency translation and acquisitions	49
Balance at December 29, 2013	10,534
Provision charged to income	17,447
Payments	(16,750		)
Adjustments to previously provided warranties, net	73
Foreign currency translation and acquisitions	(521		)
Balance at December 28, 2014	10,783
Provision charged to income	16,904
Payments	(16,204		)
Adjustments to previously provided warranties, net	(60		)
Foreign currency translation and acquisitions	(501		)
Balance at January 3, 2016	$	10,922

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Stock Plans (Tables)

12 Months Ended

Jan. 03, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of Total Compensation Recognized Related to Outstanding Equity Awards

The following table summarizes total pre-tax compensation expense recognized related to the Company’s stock options, restricted stock, restricted stock units, performance units and stock grants, net of estimated forfeitures, included in the Company’s consolidated statements of operations for fiscal years 2015, 2014 and 2013:

	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
Cost of product and service revenue	$	1,339	$	1,456	$	1,304
Research and development expenses	600		546		853
Selling, general and administrative expenses	15,780		12,462		11,896
Total stock-based compensation expense	$	17,719	$	14,464	$	14,053

Weighted-Average Assumptions Used in the Black-Scholes Option Pricing Model

The Company’s weighted-average assumptions used in the Black-Scholes option pricing model were as follows for the fiscal years ended:

	January 3, 2016		December 28, 2014		December 29, 2013
Risk-free interest rate	1.3	%	1.5	%	0.9	%
Expected dividend yield	0.6	%	0.7	%	0.8	%
Expected lives	5 years		5 years		5 years
Expected stock volatility	26.5	%	30.9	%	38.5	%

Summary of Stock Option Activity

The following table summarizes stock option activity for the three fiscal years ended January 3, 2016:

	January 3, 2016				December 28, 2014				December 29, 2013
	Number of Shares		Weighted- Average Exercise Price		Number of Shares		Weighted- Average Exercise Price		Number of Shares		Weighted- Average Exercise Price
	(Shares in thousands)
Outstanding at beginning of year	2,828		$	26.11	3,494		$	23.34	4,266		$	21.64
Granted	502		46.36		520		43.12		518		33.62
Exercised	(849	)	17.56		(1,024	)	23.89		(947	)	21.45
Canceled	(4	)	20.20		(4	)	20.97		(8	)	22.88
Forfeited	(105	)	33.90		(158	)	35.33		(335	)	23.04
Outstanding at end of year	2,372		$	33.12	2,828		$	26.11	3,494		$	23.34
Exercisable at end of year	1,500		$	27.01	1,900		$	21.13	2,392		$	20.66

Summary of Restricted Stock Award Activity

The following table summarizes restricted stock award activity for the three fiscal years ended January 3, 2016:

	January 3, 2016				December 28, 2014				December 29, 2013
	Number of Shares		Weighted- Average Grant- Date Fair Value		Number of Shares		Weighted- Average Grant- Date Fair Value		Number of Shares		Weighted- Average Grant- Date Fair Value
	(Shares in thousands)
Nonvested at beginning of year	558		$	35.51	649		$	29.24	781		$	24.71
Granted	245		46.86		261		42.61		289		33.87
Vested	(249	)	31.11		(258	)	27.64		(346	)	22.98
Forfeited	(52	)	40.71		(94	)	33.58		(75	)	28.76
Nonvested at end of year	502		$	42.61	558		$	35.51	649		$	29.24

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Stockholders' Equity (Tables)

12 Months Ended

Jan. 03, 2016

Stockholders' Equity Note [Abstract]

Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive (loss) income consisted of the following:

	Foreign Currency Translation Adjustment, net of tax			Unrecognized Prior Service Costs, net of tax			Unrealized (Losses) Gains on Securities, net of tax			Unrealized and Realized (Losses) Gains on Derivatives, net of tax			Accumulated Other Comprehensive Income (Loss)
	(In thousands)
Balance, December 30, 2012	$	67,527		$	2,087		$	(129	)	$	(2,892	)	$	66,593
Current year change	8,756			(658		)	8			2,892			10,998
Balance, December 29, 2013	76,283			1,429			(121		)	—			77,591
Current year change	(52,951		)	146			14			—			(52,791		)
Balance, December 28, 2014	23,332			1,575			(107		)	—			24,800
Current year change	(70,178		)	(316		)	(262		)	—			(70,756		)
Balance, January 3, 2016	$	(46,846	)	$	1,259		$	(369	)	$	—		$	(45,956	)

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Fair Value Measurements (Tables)

12 Months Ended

Jan. 03, 2016

Fair Value Disclosures [Abstract]

Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis

The following tables show the assets and liabilities carried at fair value measured on a recurring basis as of January 3, 2016 and December 28, 2014 classified in one of the three classifications described above:

				Fair Value Measurements at January 3, 2016 Using:
	Total Carrying Value at January 3, 2016			Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(In thousands)
Marketable securities	$	1,586		$	1,586	$	—		$	—
Foreign exchange derivative assets	2,659			—		2,659			—
Foreign exchange derivative liabilities	(442		)	—		(442		)	—
Contingent consideration	(57,350		)	—		—			(57,350		)

				Fair Value Measurements at December 28, 2014 Using:
	Total Carrying Value at December 28, 2014			Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	(In thousands)
Marketable securities	$	1,568		$	1,568	$	—		$	—
Foreign exchange derivative assets	3,205			—		3,205			—
Foreign exchange derivative liabilities, net	(302		)	—		(302		)	—
Contingent consideration	(91		)	—		—			(91		)

Reconciliation of Beginning and Ending Level 3 Net Liabilities

A reconciliation of the beginning and ending Level 3 net liabilities for contingent consideration is as follows:

	(In thousands)
Balance at December 30, 2012	$	(3,017	)
Additions	(1,100		)
Amounts paid and foreign currency translation	135
Change in fair value (included within selling, general and administrative expenses)	(944		)
Balance at December 29, 2013	(4,926		)
Additions	—
Amounts paid and foreign currency translation	2,074
Change in fair value (included within selling, general and administrative expenses)	2,761
Balance at December 28, 2014	(91		)
Additions	(57,353		)
Amounts paid and foreign currency translation	113
Change in fair value (included within selling, general and administrative expenses)	(19		)
Balance at January 3, 2016	$	(57,350	)

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Industry Segment and Geographic Area Information (Tables)

12 Months Ended

Jan. 03, 2016

Segment Reporting [Abstract]

Schedule of Sales and Operating Income by Operating Segment, Excluding Discontinued Operations

Revenue and operating income (loss) from continuing operations by operating segment are shown in the table below for the fiscal years ended:

	January 3, 2016			December 28, 2014			December 29, 2013
	(In thousands)
Human Health
Product revenue	$	976,451		$	996,767		$	957,022
Service revenue	400,193			387,456			368,872
Total revenue	1,376,644			1,384,223			1,325,894
Operating income from continuing operations(1)	251,743			233,689			168,794
Environmental Health
Product revenue	576,187			543,308			541,048
Service revenue	309,528			309,688			290,644
Total revenue	885,715			852,996			831,692
Operating income from continuing operations	89,544			95,605			84,710
Corporate
Operating loss from continuing operations(2)(3)	(55,153		)	(118,552		)	(25,710		)
Continuing Operations
Product revenue	$	1,552,638		$	1,540,075		$	1,498,070
Service revenue	709,721			697,144			659,516
Total revenue	2,262,359			2,237,219			2,157,586
Operating income from continuing operations	286,134			210,742			227,794
Interest and other expense, net (see Note 5)	42,119			41,139			64,110
Income from continuing operations before income taxes	$	244,015		$	169,603		$	163,684

____________________________

⁽¹⁾  Legal costs for a particular case in the Human Health segment were $0.8 million for fiscal year 2015. The Company also recognized a $0.2 million pre-tax impairment charge in the Human Health segment in fiscal year 2013. Both of these items have been included in operating income from continuing operations in the Human Health segment.

⁽²⁾  Activity related to the mark-to-market adjustment on postretirement benefit plans has been included in the Corporate operating loss from continuing operations, and in the aggregate constituted a pre-tax loss of $12.4 million in fiscal year 2015, a pre-tax loss of $75.9 million in fiscal year 2014, and pre-tax income of $17.6 million in fiscal year 2013.

⁽³⁾  Includes expenses related to litigation with Enzo Biochem, Inc. and Enzo Life Sciences, Inc. (collectively, “Enzo”). Enzo filed a complaint in 2002 that alleged that the Company separately and together with other defendants breached distributorship and settlement agreements with Enzo, infringed Enzo's patents, engaged in unfair competition and fraud, and committed torts against Enzo by, among other things, engaging in commercial development and exploitation of Enzo's patented products and technology. The Company entered into a settlement agreement with Enzo dated June 20, 2014 and during fiscal year 2014 paid $7.0 million into a designated escrow account to resolve this matter, of which $3.7 million had been accrued in previous years and $3.3 million was recorded during fiscal year 2014. In addition, $3.4 million of expenses were incurred and recorded in preparation for the trial during fiscal year 2014.

Schedule of Depreciation, Amortization and Capital Expenditures

Additional information relating to the Company’s reporting segments is as follows for the three fiscal years ended January 3, 2016:

	Depreciation and Amortization Expense						Capital Expenditures
	January 3, 2016		December 28, 2014		December 29, 2013		January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)						(In thousands)
Human Health	$	81,335	$	92,604	$	100,941	$	16,091	$	16,922	$	22,999
Environmental Health	29,213		22,101		23,556		10,352		10,428		14,433
Corporate	1,459		2,031		2,382		3,189		1,722		1,549
Continuing operations	112,007		116,736		126,879		29,632		29,072		38,981
Discontinued operations	$	—	$	339	$	1,590	$	—	$	213	$	10

Schedule of Total Assets by Segment

	Total Assets
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
Human Health	$	2,778,835	$	2,737,824	$	2,724,254
Environmental Health	1,358,963		1,361,270		1,182,356
Corporate	28,497		28,482		28,441
Net current and long-term assets of discontinued operations	—		—		5,831
Total assets	$	4,166,295	$	4,127,576	$	3,940,882

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following geographic area information for continuing operations includes revenue based on location of external customers for the three fiscal years ended January 3, 2016 and net long-lived assets based on physical location as of January 3, 2016 and December 28, 2014:

	Revenue
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
U.S.	$	916,314	$	849,356	$	826,991
International:
China	312,915		276,230		254,838
United Kingdom	112,763		134,614		133,611
Germany	105,421		107,081		99,153
Italy	74,744		85,433		78,120
France	74,651		84,946		81,719
Japan	72,624		93,811		95,676
Other international	592,927		605,748		587,478
Total international	1,346,045		1,387,863		1,330,595
Total sales	$	2,262,359	$	2,237,219	$	2,157,586

	Net Long-Lived Assets
	January 3, 2016		December 28, 2014		December 29, 2013
	(In thousands)
U.S.	$	192,681	$	192,176	$	208,891
International:
China	34,494		36,797		30,682
United Kingdom	14,751		13,033		9,882
Finland	12,203		12,758		13,635
Singapore	7,679		7,041		6,812
Netherlands	3,835		3,614		4,037
Italy	2,958		4,107		2,735
Germany	2,171		2,493		2,591
Other international	10,598		12,664		11,045
Total international	88,689		92,507		81,419
Total net long-lived assets	$	281,370	$	284,683	$	290,310

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Quarterly Financial Information (Unaudited) Quarterly Financial Information (Unaudited) (Tables)

12 Months Ended

Jan. 03, 2016

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

Selected quarterly financial information is as follows for the fiscal years ended:

	First Quarter		Second Quarter		Third Quarter			Fourth Quarter(1)			Year
	(In thousands, except per share data)
January 3, 2016
Revenue	$	526,901	$	563,906	$	563,436		$	608,116		$	2,262,359
Gross profit	235,374		252,512		254,603			282,011			1,024,500
Restructuring and contract termination charges, net	—		4,956		(118		)	8,752			13,590
Operating income from continuing operations	57,381		68,131		75,898			84,724			286,134
Income from continuing operations before income taxes	47,960		57,288		63,954			74,813			244,015
Income from continuing operations	40,311		48,996		54,897			68,484			212,688
Net income	40,334		48,974		54,863			68,254			212,425
Basic earnings per share:
Income from continuing operations	$	0.36	$	0.43	$	0.49		$	0.61		$	1.89
Net income	0.36		0.43		0.49			0.61			1.89
Diluted earnings per share:
Income from continuing operations	$	0.36	$	0.43	$	0.48		$	0.61		$	1.88
Net income	0.36		0.43		0.48			0.61			1.87
Cash dividends declared per common share	0.07		0.07		0.07			0.07			0.28
December 28, 2014
Revenue	$	530,610	$	556,170	$	542,049		$	608,390		$	2,237,219
Gross profit	235,713		247,984		243,309			277,602			1,004,608
Restructuring and contract termination charges, net	2,135		742		11,092			(579		)	13,390
Operating income from continuing operations	51,762		69,637		58,776			30,567			210,742
Income from continuing operations before income taxes	40,473		60,673		47,810			20,647			169,603
Income from continuing operations	34,951		52,003		42,898			31,314			161,166
Net income	34,224		50,490		42,277			30,787			157,778
Basic earnings per share:
Income from continuing operations	$	0.31	$	0.46	$	0.38		$	0.28		$	1.43
Net income	0.30		0.45		0.38			0.27			1.40
Diluted earnings per share:
Income continuing operations	$	0.31	$	0.46	$	0.38		$	0.28		$	1.42
Net income	0.30		0.44		0.37			0.27			1.39
Cash dividends declared per common share	0.07		0.07		0.07			0.07			0.28

____________________________

⁽¹⁾ The fourth quarter of fiscal year 2015 includes a pre-tax loss of $12.4 million as a result of the mark-to-market adjustment on postretirement benefit plans. The fourth quarter of fiscal year 2014 includes a pre-tax loss of $75.9 million as a result of the mark-to-market adjustment on postretirement benefit plans. See Note 1 for a discussion of this accounting policy.

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Nature of Operations and Accounting Policies Nature of Operations and Accounting Policies (Narrative) (Details) (Details) $ in Millions	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016 plan segments	Dec. 28, 2014 USD ($)	Dec. 29, 2013
Current deferred tax assets			$ 62.0
Number of Stock-based Compensation Plans | plan		1
Number of Operating Segments | segments		2
Operating Cycle		53	52	52
License and services revenue as a percentage of total revenue		5.00%	5.00%	5.00%
Unamortized Debt Issuance Expense			$ 6.5
Minimum [Member] | Building [Member]
Property, Plant and Equipment, Useful Life, Maximum		10 years
Maximum [Member] | Building [Member]
Property, Plant and Equipment, Useful Life, Maximum		40 years
Maximum [Member] | Tools, Dies and Molds [Member]
Property, Plant and Equipment, Useful Life, Maximum		3 years
Maximum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment, Useful Life, Maximum		7 years
Scenario, Forecast [Member]
Operating Cycle	52

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Business Combinations and Asset Purchases (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended								12 Months Ended
	Dec. 28, 2014	Jan. 03, 2016	Oct. 04, 2015	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 05, 2014	Oct. 21, 2014	Dec. 30, 2012
Business Acquisition [Line Items]
Revenue		$ 608,116	$ 563,436	$ 563,906	$ 526,901	$ 608,390	$ 542,049	$ 556,170	$ 530,610	$ 2,262,359	$ 2,237,219
Business Acquisition, Goodwill, Expected Tax Deductible Amount		9,200								9,200
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	$ 91	57,350				91				57,350	91	$ 4,926			$ 3,017
Business Combination, Contingent Consideration, Liability, Current	(100)	(9,400)				$ (100)				(9,400)	(100)
Business Combination, Contingent Consideration, Liability, Noncurrent		48,000								$ 48,000
Business Combination, Contingent Consideration Arrangements, Maximum Period										6 years
Business Combination, Contingent Consideration Arrangements, Description										Contingent consideration is measured at fair value at the acquisition date, based on the probability that revenue thresholds or product development milestones will be achieved during the earnout period. The earnout periods for each of these acquisitions does not exceed 6 years from the acquisition date, and the remaining weighted average earnout period at January 3, 2016 was 2 years.
Number of Years in Measurement Period from Acquisition Date to Change Underlying Assumptions										1 year
Business Combination, Contingent Consideration Arrangements, Weighted Average Period										2 years
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High		95,400								$ 95,400
Business Acquisition, Transaction Costs										700	3,100	100
Fiscal Year 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid										75,285
Contingent consideration										56,878
Business Acquisition, Cost of Acquired Entity, Cash Paid Including Working Capital And Other Adjustments										77,117
Working capital and other adjustments										(1,832)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Deferred Taxes										(500)
Cash Acquired										(3,864)
Vanadis Diagnostics AB [Member]
Business Acquisition [Line Items]
Contingent consideration										56,878
Business Acquisition, Cost of Acquired Entity, Cash Paid Including Working Capital And Other Adjustments										35,141
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High		$ 93,000								93,000
2015 Acquisitions (excluding Vanadis) [Domain]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid Including Working Capital And Other Adjustments										42,000
Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Revenue										65,730
Business Acquisition, Goodwill, Expected Tax Deductible Amount													$ 0
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Deferred Taxes										(2,800)
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles										2,000
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Financial Liabilities										1,200
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Current Assets										(200)
Goodwill, Purchase Accounting Adjustments										(3,400)
Goodwill, Other Changes										21,400	8,200
Fiscal Year 2014 Acquisitions (excluding Perten) [Member]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid											17,898
Business Acquisition, Goodwill, Expected Tax Deductible Amount														$ 0
Business Acquisition, Cost of Acquired Entity, Cash Paid Including Working Capital And Other Adjustments											17,600
Working capital and other adjustments											294
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt														$ 4,287
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Consideration Transferred										$ (500)
Cash Acquired											(124)
Fiscal Year 2013 Acquisitions [Member]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid											$ 400	11,400
Contingent consideration												1,100
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High												$ 2,200
Core Technology [Member] | Fiscal Year 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Weighted average amortization period (in years)										9 years
Environmental Health [Member] | Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid	269,937
Working capital and other adjustments	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt													$ 7,600
Cash Acquired	$ (16,732)
Environmental Health [Member] | Minimum [Member] | Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Weighted average amortization period (in years)	5 years
Environmental Health [Member] | Maximum [Member] | Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Weighted average amortization period (in years)	10 years

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Business Combinations and Asset Purchases (Fair Values of the Business Combinations and Allocations for the Acquisitions Completed) (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 28, 2014	Jan. 03, 2016	Dec. 28, 2014	Dec. 05, 2014	Oct. 21, 2014	Dec. 29, 2013
Business Acquisition [Line Items]
Goodwill	$ 2,284,077	$ 2,276,149	$ 2,284,077			$ 2,143,120
Fiscal Year 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid		75,285
Contingent consideration		56,878
Working capital and other adjustments		1,832
Less: cash acquired		3,864
Total		130,131
Current assets		2,551
Property, plant and equipment		998
Goodwill		51,356
Deferred taxes		(16,772)
Liabilities assumed		(2,850)
Total		130,131
Fiscal Year 2014 Acquisitions (excluding Perten) [Member]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid			17,898
Working capital and other adjustments			(294)
Less: cash acquired			124
Total			17,480
Current assets					$ 1,935
Property, plant and equipment					125
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets					364
Goodwill					15,518
Deferred taxes					(3,072)
Business Acquisition, Purchase Price Allocation, Current and Non-current Liabilities, Deferred Revenue					(589)
Liabilities assumed					(2,285)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt					(4,287)
Total					17,480
Core Technology [Member] | Fiscal Year 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		15,759
Core Technology [Member] | Fiscal Year 2014 Acquisitions (excluding Perten) [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles					1,705
Trade Names [Member] | Fiscal Year 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		200
Trade Names [Member] | Fiscal Year 2014 Acquisitions (excluding Perten) [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles					0
Customer Relationships [Member] | Fiscal Year 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		3,073
Customer Relationships [Member] | Fiscal Year 2014 Acquisitions (excluding Perten) [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles					6,800
Licenses [Member] | Fiscal Year 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		116
In Process Research and Development [Member] | Fiscal Year 2015 Acquisitions [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		75,700
In Process Research and Development [Member] | Fiscal Year 2014 Acquisitions (excluding Perten) [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles					$ 1,266
Human Health [Member]
Business Acquisition [Line Items]
Goodwill	1,662,755	1,672,491	1,662,755			1,689,492
Environmental Health [Member]
Business Acquisition [Line Items]
Goodwill	621,322	$ 603,658	$ 621,322			$ 453,628
Environmental Health [Member] | Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Business Acquisition, Cost of Acquired Entity, Cash Paid	269,937
Working capital and other adjustments	0
Less: cash acquired	16,732
Total	$ 253,205
Current assets				$ 32,578
Property, plant and equipment				1,485
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets				0
Goodwill				160,776
Deferred taxes				(28,612)
Business Acquisition, Purchase Price Allocation, Current and Non-current Liabilities, Deferred Revenue				0
Liabilities assumed				(17,422)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt				(7,600)
Total				253,205
Environmental Health [Member] | Core Technology [Member] | Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				17,000
Environmental Health [Member] | Trade Names [Member] | Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				8,000
Environmental Health [Member] | Customer Relationships [Member] | Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				87,000
Environmental Health [Member] | In Process Research and Development [Member] | Perten Instruments Group AB [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles				$ 0

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Discontinued Operations Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on disposition of discontinued operations before income taxes	$ (28)	$ (260)	$ (1,810)
(Benefit from) provision for income taxes on discontinued operations and dispositions	232	(1,831)	(5,107)
Microarray-based diagnostic testing laboratory in the United States [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operations, Severance Costs		1,000
Loss on disposition of discontinued operations before income taxes		(90)
Technical Services Business [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on disposition of discontinued operations before income taxes	$ (30)	$ (156)	(2,100)
Other Discontinued Operations [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on disposition of discontinued operations before income taxes			$ 290

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Summary Operating Results of Discontinued Operations for the Periods Prior to Disposition (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Operating Results of Discontinued Operations Prior to Disposition [Abstract]
Disposal Group, Including Discontinued Operation, Revenue	$ 98	$ 348	$ 8,646
Disposal Group, Including Discontinued Operations, Costs and Expenses	101	5,307	18,998
Loss from discontinued operations before income taxes	$ (3)	$ (4,959)	$ (10,352)

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Restructuring and Contract Termination Charges, Net (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 03, 2016	Oct. 04, 2015	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net	$ 8,752	$ (118)	$ 4,956	$ 0	$ (579)	$ 11,092	$ 742	$ 2,135	$ 13,590	$ 13,390	$ 33,892
Accrued restructuring and contract termination costs	22,197				23,830				22,197	23,830	35,535	$ 27,747
Accrued restructuring and contract termination costs	17,090				17,124				17,090	17,124
Restructuring Reserve, Noncurrent	5,100				6,700				5,100	6,700
Contract Termination [Member]
Restructuring Cost and Reserve [Line Items]
Accrued restructuring and contract termination costs	$ 132				$ 304				132	304	300	$ 596
Environmental Health [Member] | Contract Termination [Member] | 2015 Contract Termination Charges [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net									$ 83
Environmental Health [Member] | Contract Termination [Member] | 2014 Contract Termination Charges [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net										$ 1,545
Environmental Health [Member] | Contract Termination [Member] | 2013 Contract Termination Charges [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net											$ 696

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Restructuring and Contract Termination Charges, Net Restructuring and Contract Termination Charges, Net (Schedule of Initial Charges) (Details) $ in Thousands	3 Months Ended													12 Months Ended
	Jan. 03, 2016 USD ($) employees	Oct. 04, 2015 USD ($)	Jun. 28, 2015 USD ($) employees	Mar. 29, 2015 USD ($)	Dec. 28, 2014 USD ($)	Sep. 28, 2014 USD ($) employees	Jun. 29, 2014 USD ($) employees	Mar. 30, 2014 USD ($) employees	Dec. 29, 2013 USD ($) employees	Sep. 29, 2013 USD ($) employees	Jun. 30, 2013 USD ($) employees		Mar. 31, 2013 USD ($) employees	Jan. 03, 2016 USD ($)	Dec. 28, 2014 USD ($)	Dec. 29, 2013 USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net	$ 8,752	$ (118)	$ 4,956	$ 0	$ (579)	$ 11,092	$ 742	$ 2,135						$ 13,590	$ 13,390	$ 33,892
Q4 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees	174
Restructuring and contract termination charges, net	$ 11,580
Q2 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees			97
Restructuring and contract termination charges, net			$ 6,010
Q3 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees						152
Restructuring and contract termination charges, net						$ 13,051
Q2 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees							22
Restructuring and contract termination charges, net							$ 735
Q1 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees								17
Restructuring and contract termination charges, net								$ 567
Q4 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees									73
Restructuring and contract termination charges, net									$ 11,179
Q3 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees										29
Restructuring and contract termination charges, net										$ 532
Q2 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees											264
Restructuring and contract termination charges, net											$ 18,704
Q1 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Number of Positions Eliminated | employees													62
Restructuring and contract termination charges, net													$ 2,585
Human Health [Member] | Severance [Member] | Q4 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net	2,230
Human Health [Member] | Severance [Member] | Q2 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net			1,850
Human Health [Member] | Severance [Member] | Q3 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net						7,126
Human Health [Member] | Severance [Member] | Q2 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net							545
Human Health [Member] | Severance [Member] | Q1 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net								370
Human Health [Member] | Severance [Member] | Q4 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net									955
Human Health [Member] | Severance [Member] | Q3 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net										394
Human Health [Member] | Severance [Member] | Q2 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net										600	9,523	[1]
Human Health [Member] | Severance [Member] | Q1 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net													2,340
Human Health [Member] | Facility Closing [Member] | Q4 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net	285
Human Health [Member] | Facility Closing [Member] | Q2 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net			0
Human Health [Member] | Facility Closing [Member] | Q3 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net						0
Human Health [Member] | Facility Closing [Member] | Q2 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net							0
Human Health [Member] | Facility Closing [Member] | Q1 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net								0
Human Health [Member] | Facility Closing [Member] | Q4 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net									7,271
Human Health [Member] | Facility Closing [Member] | Q3 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net										138
Human Health [Member] | Facility Closing [Member] | Q2 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net											522
Human Health [Member] | Facility Closing [Member] | Q1 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net													0
Environmental Health [Member] | Severance [Member] | Q4 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net	9,065
Environmental Health [Member] | Severance [Member] | Q2 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net			4,160
Environmental Health [Member] | Severance [Member] | Q3 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net						5,925
Environmental Health [Member] | Severance [Member] | Q2 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net							190
Environmental Health [Member] | Severance [Member] | Q1 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net								197
Environmental Health [Member] | Severance [Member] | Q4 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net									2,953
Environmental Health [Member] | Severance [Member] | Q3 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net										0
Environmental Health [Member] | Severance [Member] | Q2 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net											8,609
Environmental Health [Member] | Severance [Member] | Q1 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net													245
Environmental Health [Member] | Facility Closing [Member] | Q4 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net	$ 0
Environmental Health [Member] | Facility Closing [Member] | Q2 2015 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net			$ 0
Environmental Health [Member] | Facility Closing [Member] | Q3 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net						$ 0
Environmental Health [Member] | Facility Closing [Member] | Q2 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net							$ 0
Environmental Health [Member] | Facility Closing [Member] | Q1 2014 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net								$ 0
Environmental Health [Member] | Facility Closing [Member] | Q4 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net									$ 0
Environmental Health [Member] | Facility Closing [Member] | Q3 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net										$ 0
Environmental Health [Member] | Facility Closing [Member] | Q2 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net											$ 50
Environmental Health [Member] | Facility Closing [Member] | Q1 2013 Restructuring Plan [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and contract termination charges, net													$ 0

[1] Subsequent to the initial charge, during fiscal year 2013, the Company recorded an additional $0.6 million pre-tax restructuring charge in the Human Health segment for the Q2 2013 Plan for services that were provided for one-time termination benefits in which the employee was required to render service beyond the legal notification period.

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Restructuring and Contract Termination Charges, Net (Schedule of Restructuring Plan Activity) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 03, 2016	Oct. 04, 2015	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Jan. 03, 2016		Dec. 28, 2014		Dec. 29, 2013
Restructuring Reserve [Roll Forward]
Beginning balance				$ 23,830				$ 35,535	$ 23,830		$ 35,535		$ 27,747
Restructuring Charges and Changes in Estimates									13,590		13,390		33,892
Amounts paid and foreign currency translation									(15,223)		(25,095)		(26,104)
Ending balance	$ 22,197				$ 23,830				22,197		23,830		35,535
Restructuring and contract termination charges, net	8,752	$ (118)	$ 4,956	0	(579)	$ 11,092	$ 742	2,135	13,590		13,390		33,892
Employee Severance and Facility Closing [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				23,526				35,235	23,526		35,235		27,151
Restructuring Charges and Changes in Estimates									13,507		11,845		33,196
Amounts paid and foreign currency translation									(14,968)		(23,554)		(25,112)
Ending balance	22,065				23,526				22,065		23,526		35,235
Contract Termination [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				304				300	304		300		596
Restructuring Charges and Changes in Estimates									83		1,545		696
Amounts paid and foreign currency translation									(255)		(1,541)		(992)
Ending balance	132				304				132		304		300
Q4 2015 Restructuring Plan [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net	11,580
Q4 2015 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				0				0	0		0		0
Restructuring Charges and Changes in Estimates									11,295		0		0
Amounts paid and foreign currency translation									(925)		0		0
Ending balance	10,370				0				10,370		0		0
Q4 2015 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				0				0	0		0		0
Restructuring Charges and Changes in Estimates									285		0		0
Amounts paid and foreign currency translation									(26)		0		0
Ending balance	259				0				259		0		0
Q2 2015 Restructuring Plan [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net			6,010
Q2 2015 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				0				0	0		0		0
Restructuring Charges and Changes in Estimates									5,471	[1]	0		0
Amounts paid and foreign currency translation									(4,322)		0		0
Ending balance	1,149				0				1,149		0		0
Q3 2014 Restructuring Plan [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net						13,051
Q3 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				10,059				0	10,059		0		0
Restructuring Charges and Changes in Estimates									(3,064)	[2]	13,051		0
Amounts paid and foreign currency translation									(5,460)		(2,992)		0
Ending balance	1,535				10,059				1,535		10,059		0
Q2 2014 Restructuring Plan [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net							735
Q2 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				251				0	251		0		0
Restructuring Charges and Changes in Estimates									(179)	[3]	735		0
Amounts paid and foreign currency translation									(13)		(484)		0
Ending balance	59				251				59		251		0
Q1 2014 Restructuring Plan [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net								567
Q1 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				92				0	92		0		0
Restructuring Charges and Changes in Estimates									(92)	[4]	567		0
Amounts paid and foreign currency translation									0		(475)		0
Ending balance	0				92				0		92		0
Previous restructuring and integration plans [Member]
Restructuring Reserve [Roll Forward]
Beginning balance				$ 13,124				35,235	13,124		35,235		27,151
Restructuring Charges and Changes in Estimates									(209)	[5]	(2,508)	[5]	33,196
Amounts paid and foreign currency translation									4,222		19,603		25,112
Ending balance	8,693				$ 13,124				8,693		13,124		$ 35,235
Environmental Health [Member] | Q4 2015 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net	9,065
Environmental Health [Member] | Q4 2015 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net	0
Environmental Health [Member] | Q2 2015 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									(302)
Restructuring and contract termination charges, net			4,160
Environmental Health [Member] | Q2 2015 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net			0
Environmental Health [Member] | Q3 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									(1,861)
Restructuring and contract termination charges, net						5,925
Environmental Health [Member] | Q3 2014 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net						0
Environmental Health [Member] | Q2 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									(100)
Restructuring and contract termination charges, net							190
Environmental Health [Member] | Q2 2014 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net							0
Environmental Health [Member] | Q1 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net								197
Environmental Health [Member] | Q1 2014 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net								0
Environmental Health [Member] | Previous restructuring and integration plans [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									(1,600)		(1,700)
Human Health [Member] | Q4 2015 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net	2,230
Human Health [Member] | Q4 2015 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net	$ 285
Human Health [Member] | Q2 2015 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									(237)
Restructuring and contract termination charges, net			1,850
Human Health [Member] | Q2 2015 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net			$ 0
Human Health [Member] | Q3 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									(1,203)
Restructuring and contract termination charges, net						7,126
Human Health [Member] | Q3 2014 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net						$ 0
Human Health [Member] | Q2 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									(100)
Restructuring and contract termination charges, net							545
Human Health [Member] | Q2 2014 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net							$ 0
Human Health [Member] | Q1 2014 Restructuring Plan [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									(100)
Restructuring and contract termination charges, net								370
Human Health [Member] | Q1 2014 Restructuring Plan [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Restructuring and contract termination charges, net								$ 0
Human Health [Member] | Previous restructuring and integration plans [Member] | Severance [Member]
Restructuring Reserve [Roll Forward]
Change in estimates											$ (800)
Human Health [Member] | Previous restructuring and integration plans [Member] | Closure Of Excess Facility Space [Member]
Restructuring Reserve [Roll Forward]
Change in estimates									$ 1,400

[1] During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $0.2 million in the Human Health segment and $0.3 million in the Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q2 2015 Plan.

[2] During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $1.2 million in the Human Health segment and $1.9 million in the Environmental Health segment related to lower than expected costs associated with workforce reductions for the Q3 2014 Plan.

[3] During fiscal year 2015, the Company recognized pre-tax restructuring reversals of $0.1 million in each of the Human Health and Environmental Health segments related to lower than expected costs associated with workforce reductions for the Q2 2014 Plan.

[4] During fiscal year 2015, the Company recognized a pre-tax restructuring reversal of $0.1 million in the Human Health segment related to lower than expected costs associated with workforce reductions for the Q1 2014 Plan.

[5] During fiscal year 2015, the Company recognized a pre-tax restructuring charge of $1.4 million in the Human Health segment primarily related to higher than expected costs associated with the closure of the excess facility space, which was offset by a pre-tax restructuring reversal of $1.6 million in the Environmental Health segment primarily related to lower than expected costs associated with workforce reductions for the previous restructuring plans. During fiscal year 2014, the Company recognized pre-tax restructuring reversals of $0.8 million in the Human Health segment and $1.7 million in the Environmental Health segment primarily related to lower than expected costs associated with workforce reductions, which was partially offset by higher than expected costs associated with the closure of the excess facility space for the previous restructuring plans.

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Interest and Other Expense (Income), Net (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 29, 2013	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	May. 30, 2008
Early Repayment of Senior Debt		$ 0	$ 0	$ 150,000
Payments of Debt Extinguishment Costs	$ 11,100	0	0	11,119
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax				4,800
Write off of Deferred Debt Issuance Cost	200
Foreign Currency Transaction Gain (Loss), before Tax		25,500	5,500	4,700
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments		20,800	200	1,400
Interest income		(673)	(667)	(650)
Interest expense		37,997	36,270	49,924
Other expense, net		4,795	5,536	14,836
Total interest and other expense, net		$ 42,119	$ 41,139	64,110
2015 Notes [Member]
Unsecured senior notes, interest rate percent					6.00%
Early Repayment of Senior Debt	150,000
Interest Rate Contract [Member] | Interest Expense [Member]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax	$ (2,800)			$ (2,000)

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Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Income Tax Contingency [Line Items]
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost	$ 15,000
Income Tax Holiday, Aggregate Dollar Amount	(8,300)	$ (7,100)	$ (7,400)
Valuation Allowance, Amount	67,400	55,460
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefits, beginning of period	32,342	39,410	58,110
Gross increases - tax positions in prior period	325	0	325
Gross decreases - tax positions in prior period	(2,305)	(1,809)	(10,539)
Gross increases - current-period tax positions	0	239	2,222
Settlements	(441)	(1,400)	(3,643)
Lapse of statute of limitations	(1,077)	(4,129)	(6,495)
Foreign currency translation adjustments	(701)	31	(570)
Unrecognized tax benefits, end of period	28,143	32,342	39,410
Interest on income taxes accrued	2,100	3,400
Interest on income taxes expense	(1,500)	(700)	(3,900)
Income tax penalties expense	(100)	(200)	(3,700)
Income tax penalties accrued	100	200
Uncertain tax benefits if recognized that could affect the continuing operations effective tax rate	24,300
Unrecognized Tax Benefits Expected To Be Resolved With In A Year	5,700
Foreign earnings invested outside U.S.	$ 859,000
Open Tax Years by Major Tax Jurisdiction, Begin Date	2009
Tax Adjustments, Settlements, and Unusual Provisions	$ (7,200)	(7,000)	(24,000)
Current deferred tax assets		62,000
Excess tax benefit from exercise of common stock options	2,435	$ 0	$ 0
General Business [Member]
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Tax Credit Carryforward, Amount	32,100
State and Local Jurisdiction [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards	226,400
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Tax Credit Carryforward, Amount	10,700
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards	199,500
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Tax Credit Carryforward, Amount	13,000
Internal Revenue Service (IRS) [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards	$ 36,300
Minimum [Member]
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Income Tax Holiday, Termination Date	12/31/2017
Maximum [Member]
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Income Tax Holiday, Termination Date	12/31/2018

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Income Taxes Income Before Income taxes (Details) - USD ($) $ in Thousands	3 Months Ended									12 Months Ended
	Jan. 03, 2016	[1]	Oct. 04, 2015	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Income Tax Contingency [Line Items]
U.S.										$ 3,160	$ (37,758)	$ (71,901)
Non-U.S.										240,855	207,361	235,585
Income from continuing operations before income taxes	$ 74,813		$ 63,954	$ 57,288	$ 47,960	$ 20,647	$ 47,810	$ 60,673	$ 40,473	$ 244,015	$ 169,603	$ 163,684

[1] The fourth quarter of fiscal year 2015 includes a pre-tax loss of $12.4 million as a result of the mark-to-market adjustment on postretirement benefit plans. The fourth quarter of fiscal year 2014 includes a pre-tax loss of $75.9 million as a result of the mark-to-market adjustment on postretirement benefit plans. See Note 1 for a discussion of this accounting policy.

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Income Taxes Components of the Provision (Benefits from) Income Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Income Tax Contingency [Line Items]
Federal current	$ (5,532)	$ (262)	$ 2,331
Federal deferred expense (benefit)	(1,799)	(19,169)	(29,961)
Federal total	(7,331)	(19,431)	(27,630)
State current	3,112	2,416	1,968
State deferred expense (benefit)	(2,492)	(3,842)	(2,147)
State total	620	(1,426)	(179)
Non-U.S. current	40,318	39,634	15,025
Non-U.S.deferred expense benefit	(2,280)	(10,340)	2,201
Non-U.S. total	38,038	29,294	17,226
Total current	37,898	41,788	19,324
Total deferred expense (benefit)	(6,571)	(33,351)	(29,907)
Total	31,327	8,437	(10,583)
Discontinued operations	232	(1,831)	(5,107)
Total provision for income taxes	$ 31,559	$ 6,606	$ (15,690)

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Income Taxes Reconciliation of Income Tax Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Income Tax Contingency [Line Items]
Tax at statutory rate	$ 85,405	$ 59,361	$ 57,289
Non-U.S. rate differential, net	(51,814)	(36,616)	(36,377)
U.S. taxation of multinational operations	1,732	2,367	3,658
State income taxes, net	649	1,970	(1,762)
Prior year tax matters	(7,202)	(7,009)	(23,534)
Federal tax credits	(2,295)	(3,399)	(5,452)
Change in valuation allowance	2,593	(7,679)	(4,675)
Other, net	2,259	(558)	270
Total	$ 31,327	$ 8,437	$ (10,583)

XML

Income Taxes Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014
Income Tax Contingency [Line Items]
Inventory	$ 9,887	$ 9,041
Reserves and accruals	29,137	30,641
Accrued compensation	23,620	22,915
Net operating loss and credit carryforwards	100,336	106,020
Accrued pension	34,736	44,342
Restructuring reserve	6,362	7,522
Deferred revenue	40,065	46,413
All other, net	0	824
Total deferred tax assets	244,143	267,718
Postretirement health benefits	(4,202)	(4,472)
Depreciation and amortization	(140,091)	(176,043)
Total deferred tax liabilities	(144,293)	(180,515)
Valuation allowance	(67,400)	(55,460)
Net deferred tax liabilities	32,450	31,743
Domestic Country [Member]
Income Tax Contingency [Line Items]
Net deferred tax liabilities	54,411	44,073
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Total deferred tax liabilities	$ (21,961)	$ (12,330)

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Income Taxes Summary of Loss and Tax Credit Carryforwards (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014
Income Tax Contingency [Line Items]
Valuation Allowance, Amount	$ 67,400	$ 55,460
State and Local Jurisdiction [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards	226,400
Tax Credit Carryforward, Amount	10,700
Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards	199,500
Tax Credit Carryforward, Amount	13,000
Internal Revenue Service (IRS) [Member]
Income Tax Contingency [Line Items]
Operating Loss Carryforwards	36,300
General Business [Member]
Income Tax Contingency [Line Items]
Tax Credit Carryforward, Amount	$ 32,100
Minimum [Member] | Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Tax Credit Carryforward, Expiration Date	Jan. 01, 2016
Maximum [Member] | Foreign Tax Authority [Member]
Income Tax Contingency [Line Items]
Tax Credit Carryforward, Expiration Date	Dec. 31, 2034

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Earnings Per Share (Schedule of Reconciliation of Number of Shares Utilized in Earnings Per Share Calculations) (Details) - shares shares in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Earnings Per Share [Abstract]
Number of common shares-basic	112,507	112,593	112,254
Effect of dilutive securities, Stock options	621	922	982
Effect of dilutive securities, Restricted stock	187	224	267
Number of common shares-diluted	113,315	113,739	113,503
Number of potentially dilutive securities excluded from calculation due to antidilutive impact	607	475	485

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Accounts Receivable, Net (Details) - USD ($) $ in Millions	Jan. 03, 2016	Dec. 28, 2014
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Reserves for doubtful accounts	$ 29.9	$ 32.9

XML

Inventories, Net (Details) - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014
Inventory Disclosure [Abstract]
Raw materials	$ 98,984	$ 96,169
Work in progress	17,858	18,783
Finished goods	171,186	170,505
Total inventories	$ 288,028	$ 285,457

XML

Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 494,956	$ 492,814
Accumulated depreciation	(327,927)	(316,620)
Total property, plant and equipment, net	167,029	176,194
Depreciation expense	33,400	33,300	$ 37,600
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	802	906
Building and leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	177,587	175,040
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 316,567	$ 316,868

XML

Marketable Securities and Investments (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Schedule of Available-for-sale Securities [Line Items]
Unrealized (losses) gains on securities, net of tax	$ (262)	$ 14	$ 8
Marketable securities	1,586	1,568
Marketable securities and investments	1,586	1,568
Equity Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	1,299	1,110
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	0	7
Market value	908	1,002
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	(391)	(115)
Fixed Income Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	57	88
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	0	0
Market value	57	88
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	0	0
Available-for-sale Securities, Other [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	822	541
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	0	0
Market value	621	478
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	(201)	(63)
Available-for-sale Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	2,178	1,739
Available-for-sale Securities, Accumulated Gross Unrealized Gain, before Tax	0	7
Market value	1,586	1,568
Available-for-sale Securities, Accumulated Gross Unrealized Loss, before Tax	$ (592)	$ (178)

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Goodwill and Intangible Assets, Net (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012
Goodwill and Intangible Assets Net [Line Items]
Reallocation of Goodwill Resulting from Realignment Within Operating Segments		$ 41,200
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	20.00%
Long-term terminal growth rates for reporting units	3.00%
Change in any one of the input assumptions for the various reporting units	10.00%
Total amortization expense related to finite-lived intangible assets	$ 78,600	83,400	$ 89,300
Future Amortization Expense, Year One	71,800
Future Amortization Expense, Year Two	62,500
Future Amortization Expense, Year Three	60,700
Future Amortization Expense, Year Four	48,700
Future Amortization Expense, Year Five	40,100
Finite-Lived Intangible Assets, Net	420,227	419,681
Asset impairment	$ 0	0	158
Minimum [Member]
Goodwill and Intangible Assets Net [Line Items]
Discount rates for reporting units	9.50%
Maximum [Member]
Goodwill and Intangible Assets Net [Line Items]
Discount rates for reporting units	12.50%
Trade Names And Trademarks [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net	$ 19,563	23,133
Licenses [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net	13,683	17,839
Human Health [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net	297,568	272,813
Human Health [Member] | Trade Names And Trademarks [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net	13,077	16,191
Human Health [Member] | Customer Lists [Member]
Goodwill and Intangible Assets Net [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)			200
Asset impairment			200
Human Health [Member] | Licenses [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net	13,683	17,839
Environmental Health [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net	122,659	146,868
Environmental Health [Member] | Trade Names And Trademarks [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net	6,486	6,942
Environmental Health [Member] | Licenses [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net	0	$ 0
Other Asset Acquisitions [Member]
Goodwill and Intangible Assets Net [Line Items]
Finite-Lived Intangible Assets, Net			7,000	$ 6,800
Prepaid Royalties	9,800		$ 40,300	$ 25,000
Prepaid Royalties To Be Paid Within One Year	$ 10,000

XML

Goodwill and Intangible Assets, Net (Changes in the Carrying Amount of Goodwill) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014
Changes in the carrying amount of goodwill
Foreign currency translation	$ (55,434)	$ (37,886)
Acquisitions, earn outs and other	47,506	178,843
Ending balance	2,276,149	2,284,077
Human Health [Member]
Changes in the carrying amount of goodwill
Foreign currency translation	(28,368)	(29,145)
Acquisitions, earn outs and other	38,104	2,408
Ending balance	1,672,491	1,662,755
Environmental Health [Member]
Changes in the carrying amount of goodwill
Foreign currency translation	(27,066)	(8,741)
Acquisitions, earn outs and other	9,402	176,435
Ending balance	$ 603,658	$ 621,322

XML

Goodwill and Intangible Assets, Net (Identifiable Intangible Asset Balances) (Details) - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Net amortizable intangible assets	$ 420,227	$ 419,681
Totals	490,811	490,265
Patents [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	39,911	39,953
Less: Accumulated amortization	(29,788)	(27,200)
Net amortizable intangible assets	10,123	12,753
Trade Names And Trademarks [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	40,249	40,069
Less: Accumulated amortization	(20,686)	(16,936)
Net amortizable intangible assets	19,563	23,133
Non-amortizing intangible assets	70,584	70,584
Licenses [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	58,969	59,631
Less: Accumulated amortization	(45,286)	(41,792)
Net amortizable intangible assets	13,683	17,839
Core Technology [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	307,242	298,491
Less: Accumulated amortization	(211,829)	(184,697)
Net amortizable intangible assets	95,413	113,794
Customer Relationships [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	391,566	402,185
Less: Accumulated amortization	(191,655)	(156,994)
Net amortizable intangible assets	199,911	245,191
In Process Research and Development [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	85,679	10,103
Less: Accumulated amortization	(4,145)	(3,132)
Net amortizable intangible assets	81,534	6,971
Human Health [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Net amortizable intangible assets	297,568	272,813
Totals	297,568	272,813
Human Health [Member] | Patents [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	37,111	37,153
Less: Accumulated amortization	(27,466)	(25,018)
Net amortizable intangible assets	9,645	12,135
Human Health [Member] | Trade Names And Trademarks [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	32,887	33,069
Less: Accumulated amortization	(19,810)	(16,878)
Net amortizable intangible assets	13,077	16,191
Non-amortizing intangible assets	0	0
Human Health [Member] | Licenses [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	58,969	59,631
Less: Accumulated amortization	(45,286)	(41,792)
Net amortizable intangible assets	13,683	17,839
Human Health [Member] | Core Technology [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	181,807	171,163
Less: Accumulated amortization	(121,262)	(100,050)
Net amortizable intangible assets	60,545	71,113
Human Health [Member] | Customer Relationships [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	298,978	301,371
Less: Accumulated amortization	(177,730)	(149,917)
Net amortizable intangible assets	121,248	151,454
Human Health [Member] | In Process Research and Development [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	80,748	5,079
Less: Accumulated amortization	(1,378)	(998)
Net amortizable intangible assets	79,370	4,081
Environmental Health [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Net amortizable intangible assets	122,659	146,868
Totals	193,243	217,452
Environmental Health [Member] | Patents [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	2,800	2,800
Less: Accumulated amortization	(2,322)	(2,182)
Net amortizable intangible assets	478	618
Environmental Health [Member] | Trade Names And Trademarks [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	7,362	7,000
Less: Accumulated amortization	(876)	(58)
Net amortizable intangible assets	6,486	6,942
Non-amortizing intangible assets	70,584	70,584
Environmental Health [Member] | Licenses [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	0	0
Less: Accumulated amortization	0	0
Net amortizable intangible assets	0	0
Environmental Health [Member] | Core Technology [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	125,435	127,328
Less: Accumulated amortization	(90,567)	(84,647)
Net amortizable intangible assets	34,868	42,681
Environmental Health [Member] | Customer Relationships [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	92,588	100,814
Less: Accumulated amortization	(13,925)	(7,077)
Net amortizable intangible assets	78,663	93,737
Environmental Health [Member] | In Process Research and Development [Member]
Finite and Indefinite Lived Intangible Assets by Major Class [Line Items]
Gross amortizable intangible assets	4,931	5,024
Less: Accumulated amortization	(2,767)	(2,134)
Net amortizable intangible assets	$ 2,164	$ 2,890

XML

Debt (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 25, 2011	Jan. 03, 2016	Dec. 30, 2012	Dec. 28, 2014	Sep. 30, 2012
Unamortized discount and debt issuance costs		$ (7,312)
Unamortized Debt Issuance Expense				$ 6,500
Maturities of Long-term Debt [Abstract]
2016		1,123
2017		1,169
2018		1,367
2019		483,532
2020		1,597
Thereafter		531,409
Long-term Debt Before Unamortized Discount		1,020,197
Total		1,012,885
Other Long-term Debt, Current		1,123		1,075
Line of Credit, Maturing January 8, 2019 [Member]
Long-term Debt		479,600		512,800
Unsecured revolving credit facility, amount		$ 700,000
Unsecured revolving credit facility, expiry date		Jan. 08, 2019
Line of Credit Facility, Remaining Borrowing Capacity		$ 206,500
Letters of credit issued and outstanding		$ 11,500
Interest rate terms under amended senior unsecured revolving credit facility		The interest rates under the senior unsecured revolving credit facility are based on the Eurocurrency rate or the base rate at the time of borrowing plus a margin. The base rate is the higher of (i) the rate of interest in effect for such day as publicly announced from time to time by JP Morgan Chase Bank, N.A. as its "prime rate," (ii) the Federal Funds rate plus 50 basis points or (iii) one-month Libor plus 1.00%.
Weighted average interest rates under amended senior unsecured revolving credit facility		The Eurocurrency margin as of January 3, 2016 was 108 basis points. The weighted average Eurocurrency interest rate as of January 3, 2016 was 0.36%, resulting in a weighted average effective Eurocurrency rate, including the margin, of 1.44%.
Aggregate borrowings under the amended facility		$ 482,000		516,000
Unamortized discount and debt issuance costs		(2,384)
Unamortized Debt Issuance Expense		2,400		3,200
Maturities of Long-term Debt [Abstract]
2016		0
2017		0
2018		0
2019		482,000
2020		0
Thereafter		0
Long-term Debt Before Unamortized Discount		482,000
Total		$ 479,616
Line of Credit, Maturing January 8, 2019 [Member] | Base Rate Option Three [Member]
Basis spread on variable rate		1.00%
Line of Credit, Maturing January 8, 2019 [Member] | Eurocurrency Rate [Member]
Basis spread on variable rate		1.08%
Weighted average Eurocurrency interest rate		0.36%
Weighted average effective Eurocurrency rate, including the margin		1.44%
Line of Credit, Maturing January 8, 2019 [Member] | Base Rate Option Two [Member]
Basis spread on variable rate		0.50%
Line of Credit, Maturing December 16, 2016 [Member] | Eurocurrency Rate [Member]
Description of variable rate basis		Eurocurrency
Line of Credit, Maturing December 16, 2016 [Member] | Base Rate Option Two [Member]
Description of variable rate basis		Federal Funds
2021 Notes [Member]
Long-term Debt		$ 495,100		494,400
Unsecured senior notes, interest rate percent	5.00%
Unsecured senior notes, face value	$ 500,000	500,000
Gross proceeds from the issuance of debt instrument	$ 496,900
Senior unsecured notes issuance as percentage of principal amount	99.372%
Debt Instrument, Unamortized Discount	$ 3,100	2,017		2,300
Unamortized discount and debt issuance costs		(4,928)
Unamortized Debt Issuance Expense		2,900		3,300
Debt instrument maturity date	Nov. 25, 2021
Percentage of redemption of senior notes on or after August 15, 2021	100.00%
Percentage of redemption upon a change of control and a contemporaneous downgrade of the Notes	101.00%
Maturities of Long-term Debt [Abstract]
2016		0
2017		0
2018		0
2019		0
2020		0
Thereafter		500,000
Long-term Debt Before Unamortized Discount		500,000
Total		$ 495,072
2021 Notes [Member] | Treasury Rate [Member]
Basis spread on variable rate		0.45%
Financing Lease Obligations [Member]
Additional Financing Lease Obligations			$ 11,500
Unamortized discount and debt issuance costs		$ 0
Maturities of Long-term Debt [Abstract]
2016		1,123
2017		1,169
2018		1,367
2019		1,532
2020		1,597
Thereafter		31,409
Long-term Debt Before Unamortized Discount		38,197
Total		38,197
Other Long-term Debt		38,200		39,300	$ 29,300
Other Long-term Debt, Current		1,100		1,100
Other Long-term Debt, Noncurrent		$ 37,100		$ 38,200

XML

Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014
Accounts Payable and Accrued Liabilities, Current [Abstract]
Payroll and incentives	$ 62,813	$ 61,018
Employee benefits	33,446	40,318
Deferred revenue	163,167	168,928
Federal, non-U.S. and state income taxes	2,882	9,801
Other accrued operating expenses	126,138	122,956
Total accrued expenses and other current liabilities	$ 388,446	$ 403,021

XML

Employee Benefit Plans (Schedule of Net Benefit Costs, Pension Plans) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 28, 2015	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost		$ 10,815	$ 73,957	$ (16,839)
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Curtailments	$ (816)
Service cost		4,332	4,070	3,664
Interest cost		20,696	23,475	21,334
Expected return on plan assets		(26,021)	(25,007)	(25,106)
Actuarial loss (gain)	$ 821	12,953	71,700	(16,464)
Amortization of prior service cost		$ (238)	$ (281)	$ (267)

XML

Employee Benefit Plans (Schedule of Net Funded Status, Pension Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets, Aggregate Benefit Obligation	$ 138,201	$ 156,867
Change in benefit obligations:
Defined Benefit Plan, Other Changes	6,800	32,100
Change in plan assets:
Employer's contributions	14,900
Actuarial assumptions as of the year-end measurement date:
Defined Benefit Plan, Plans with Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets	0	0
Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation	134,858	153,239
Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Fair Value of Plan Assets	0	0
Foreign Pension Plans, Defined Benefit [Member]
Actuarial present value of benefit obligations: [Abstract]
Accumulated benefit obligations	267,862	291,640
Change in benefit obligations:
Projected benefit obligations at beginning of year	303,809	288,216
Service cost	2,532	2,670
Interest cost	7,695	10,575
Benefits paid and plan expenses	(11,100)	(12,280)
Participant's contributions	343	394
Defined Benefit Plan, Curtailments	(759)	0
Defined Benefit Plan, Other Changes	(1,401)	0
Actuarial loss (gain)	131	42,095
Effect of exchange rate changes	(24,290)	(27,861)
Projected benefit obligations at end of year	276,960	303,809	$ 288,216
Change in plan assets:
Fair value of plan assets at beginning of year	156,767	143,704
Actual return on plan assets	3,745	22,939
Benefits paid and plan expenses	(11,100)	(12,280)
Employer's contributions	10,908	11,195	20,200
Defined Benefit Plan, Settlements, Plan Assets	(1,401)	0
Participant's contributions	343	394
Effect of exchange rate changes	(8,368)	(9,185)
Fair value of plan assets at end of year	150,894	156,767	$ 143,704
Net amounts recognized in the consolidated balance sheets consist of:
Net amounts recognized in the consolidated balance sheets	(126,066)	(147,042)
Defined Benefit Plan, Assets for Plan Benefits, Noncurrent	12,135	9,825
Current liabilities	(6,261)	(6,786)
Noncurrent liabilities	(131,940)	(150,081)
Net amounts recognized in accumulated other comprehensive income consist of:
Prior service cost	(932)	(1,371)
Net amounts recognized in accumulated other comprehensive income	$ (932)	$ (1,371)
Actuarial assumptions as of the year-end measurement date:
Discount rate	2.88%	2.75%	3.77%	3.62%
Rate of compensation increase	3.26%	3.28%	3.23%	2.88%
Expected rate of return on assets	4.60%	5.30%	5.50%
United States Pension Plans of US Entity, Defined Benefit [Member]
Actuarial present value of benefit obligations: [Abstract]
Accumulated benefit obligations	$ 301,416	$ 327,632
Change in benefit obligations:
Projected benefit obligations at beginning of year	327,632	279,299
Service cost	1,800	1,400
Interest cost	13,001	12,900
Benefits paid and plan expenses	(24,127)	(19,282)
Participant's contributions	0	0
Defined Benefit Plan, Curtailments	0	0
Defined Benefit Plan, Other Changes	0	0
Actuarial loss (gain)	(16,890)	53,315
Effect of exchange rate changes	0	0
Projected benefit obligations at end of year	301,416	327,632	$ 279,299
Change in plan assets:
Fair value of plan assets at beginning of year	256,254	249,756
Actual return on plan assets	(7,434)	25,780
Benefits paid and plan expenses	(24,127)	(19,282)
Employer's contributions	20,000	0	37,000
Defined Benefit Plan, Settlements, Plan Assets	0	0
Participant's contributions	0	0
Effect of exchange rate changes	0	0
Fair value of plan assets at end of year	244,693	256,254	$ 249,756
Net amounts recognized in the consolidated balance sheets consist of:
Net amounts recognized in the consolidated balance sheets	(56,723)	(71,378)
Defined Benefit Plan, Assets for Plan Benefits, Noncurrent	0	0
Current liabilities	0	0
Noncurrent liabilities	(56,723)	(71,378)
Net amounts recognized in accumulated other comprehensive income consist of:
Prior service cost	0	0
Net amounts recognized in accumulated other comprehensive income	$ 0	$ 0
Actuarial assumptions as of the year-end measurement date:
Discount rate	4.25%	4.08%	4.77%	3.92%
Rate of compensation increase	0.00%	0.00%	0.00%	0.00%
Expected rate of return on assets	7.25%	7.25%	7.50%
Other Pension Plan [Member]
Actuarial assumptions as of the year-end measurement date:
Rate of compensation increase		3.07%

XML

Employee Benefit Plans (Schedule of Allocation of Plan Assets, Pension Plans) (Details)	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		100.00%	100.00%
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		100.00%	100.00%
Minimum [Member] | Equity Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		45.00%
Minimum [Member] | Equity Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		40.00%
Minimum [Member] | Debt Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		45.00%
Minimum [Member] | Debt Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		50.00%
Minimum [Member] | Trading Assets, Excluding Debt and Equity Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		0.00%
Minimum [Member] | Trading Assets, Excluding Debt and Equity Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		0.00%
Maximum [Member] | Equity Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		55.00%
Maximum [Member] | Equity Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		50.00%
Maximum [Member] | Debt Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		55.00%
Maximum [Member] | Debt Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		60.00%
Maximum [Member] | Trading Assets, Excluding Debt and Equity Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		5.00%
Maximum [Member] | Trading Assets, Excluding Debt and Equity Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit, Target Asset Allocation Percentage		5.00%
Other Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		1.00%	1.00%
Other Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		0.00%	0.00%
Debt Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		50.00%	50.00%
Debt Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		58.00%	61.00%
Equity Securities [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		49.00%	49.00%
Equity Securities [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Equity Securities		42.00%	39.00%
Scenario, Forecast [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage	1
Scenario, Forecast [Member] | United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Allocation Percentage	1

XML

Employee Benefit Plans (Schedule of Changes in Fair Value of Plan Assets, Pension Plans) (Details) - Pension Plans, Defined Benefit - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 395,587	$ 413,021
Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,890	4,971
Equity Securities, U.S. Large-cap [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	30,357	28,602
Equity Securities, International large-cap value[Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	26,686	25,202
Equity Securities, Emerging Markets Growth [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	10,600	13,010
Equity Securities, Equity Index Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	74,974	77,432
Equity Securities, Domestic Real Estate Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,735	2,860
Equity Securities, Commodity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8,128	7,423
Foreign Government Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	21,531	22,025
Fixed Income Funds, Corporate Debt Instruments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	137,117	147,834
Fixed Income Funds, Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,871	25,164
Fixed Income Funds, High Yield Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,324	3,614
Other Types of Investments, Multi-strategy hedge funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,415	23,332
Other Types of Investments, Venture Capital Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1
Other Types of Investments, Non U.S. Government Index Linked Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	29,958	31,551
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	113,466	139,495
Fair Value, Inputs, Level 1 [Member] | Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,890	4,971
Fair Value, Inputs, Level 1 [Member] | Equity Securities, U.S. Large-cap [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	30,357	28,602
Fair Value, Inputs, Level 1 [Member] | Equity Securities, International large-cap value[Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	26,686	25,202
Fair Value, Inputs, Level 1 [Member] | Equity Securities, Emerging Markets Growth [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	10,600	13,010
Fair Value, Inputs, Level 1 [Member] | Equity Securities, Equity Index Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 1 [Member] | Equity Securities, Domestic Real Estate Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	2,735	2,860
Fair Value, Inputs, Level 1 [Member] | Equity Securities, Commodity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8,128	7,423
Fair Value, Inputs, Level 1 [Member] | Foreign Government Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 1 [Member] | Fixed Income Funds, Corporate Debt Instruments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	28,746	53,813
Fair Value, Inputs, Level 1 [Member] | Fixed Income Funds, Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 1 [Member] | Fixed Income Funds, High Yield Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3,324	3,614
Fair Value, Inputs, Level 1 [Member] | Other Types of Investments, Multi-strategy hedge funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 1 [Member] | Other Types of Investments, Venture Capital Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 1 [Member] | Other Types of Investments, Non U.S. Government Index Linked Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	258,705	250,193
Fair Value, Inputs, Level 2 [Member] | Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Equity Securities, U.S. Large-cap [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Equity Securities, International large-cap value[Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Equity Securities, Emerging Markets Growth [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Equity Securities, Equity Index Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	74,974	77,432
Fair Value, Inputs, Level 2 [Member] | Equity Securities, Domestic Real Estate Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Equity Securities, Commodity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Foreign Government Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	21,531	22,025
Fair Value, Inputs, Level 2 [Member] | Fixed Income Funds, Corporate Debt Instruments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	108,371	94,021
Fair Value, Inputs, Level 2 [Member] | Fixed Income Funds, Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,871	25,164
Fair Value, Inputs, Level 2 [Member] | Fixed Income Funds, High Yield Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Other Types of Investments, Multi-strategy hedge funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Other Types of Investments, Venture Capital Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 2 [Member] | Other Types of Investments, Non U.S. Government Index Linked Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	29,958	31,551
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,416	23,333	$ 22,697	$ 20,431
Fair Value, Inputs, Level 3 [Member] | Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities, U.S. Large-cap [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities, International large-cap value[Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities, Emerging Markets Growth [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities, Equity Index Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities, Domestic Real Estate Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Equity Securities, Commodity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Foreign Government Debt Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Fixed Income Funds, Corporate Debt Instruments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Fixed Income Funds, Corporate Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Fixed Income Funds, High Yield Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fair Value, Inputs, Level 3 [Member] | Other Types of Investments, Multi-strategy hedge funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	23,415	23,332	22,689	20,262
Fair Value, Inputs, Level 3 [Member] | Other Types of Investments, Venture Capital Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	1	$ 8	$ 7
Fair Value, Inputs, Level 3 [Member] | Other Types of Investments, Non U.S. Government Index Linked Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0

XML

Employee Benefit Plans (Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets, Pension Plans) (Details) - Pension Plans, Defined Benefit - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	$ 413,021
Fair value of plan assets at end of year	395,587	$ 413,021
Venture Capital Funds [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	1
Fair value of plan assets at end of year	1	1
Multi-strategy hedge funds [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	23,332
Fair value of plan assets at end of year	23,415	23,332
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	23,333	22,697	$ 20,431
Realized gains (losses)			7
Unrealized gains (losses)	83	636	2,409
Fair value of plan assets at end of year	23,416	23,333	22,697
Fair Value, Inputs, Level 3 [Member] | Common Collective Trusts [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	0	0	162
Realized gains (losses)			7
Unrealized gains (losses)	0	0	(19)
Fair value of plan assets at end of year	0	0	0
Fair Value, Inputs, Level 3 [Member] | Venture Capital Funds [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	1	8	7
Realized gains (losses)			0
Unrealized gains (losses)	0	(7)	1
Fair value of plan assets at end of year	1	1	8
Fair Value, Inputs, Level 3 [Member] | Multi-strategy hedge funds [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	23,332	22,689	20,262
Realized gains (losses)			0
Unrealized gains (losses)	83	643	2,427
Fair value of plan assets at end of year	$ 23,415	$ 23,332	22,689
Defined Benefit Plans, Sales and Settlements [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Purchases, issuances, and settlements			(150)
Defined Benefit Plans, Sales and Settlements [Member] | Fair Value, Inputs, Level 3 [Member] | Common Collective Trusts [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Purchases, issuances, and settlements			150
Defined Benefit Plans, Sales and Settlements [Member] | Fair Value, Inputs, Level 3 [Member] | Venture Capital Funds [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Purchases, issuances, and settlements			0
Defined Benefit Plans, Sales and Settlements [Member] | Fair Value, Inputs, Level 3 [Member] | Multi-strategy hedge funds [Member]
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Purchases, issuances, and settlements			$ 0

XML

Employee Benefit Plans (Schedule of Expected Benefit Payments, Pension Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Contributions by Employer		$ 14,900
United States Pension Plans of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
2016		17,950
2017		18,018
2018		18,289
2019		18,469
2020		18,683
2021-2025		95,733
Defined Benefit Plan, Contributions by Employer		20,000	$ 0	$ 37,000
Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
2016		10,490
2017		11,051
2018		11,466
2019		11,855
2020		12,473
2021-2025		67,253
Defined Benefit Plan, Contributions by Employer		$ 10,908	$ 11,195	20,200
UNITED KINGDOM | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Contributions by Employer				$ 10,000
Scenario, Forecast [Member] | Foreign Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contributions in next fiscal year	$ 9,300

XML

Employee Benefit Plans (Schedule of Net Benefit Costs, Other Postretirement Benefits) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 28, 2015	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Defined Benefit Plan Disclosure [Line Items]
Net periodic benefit cost		$ 10,815	$ 73,957	$ (16,839)
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Service cost		4,332	4,070	3,664
Interest cost		20,696	23,475	21,334
Expected return on plan assets		(26,021)	(25,007)	(25,106)
Defined Benefit Plan, Recognized Net Gain (Loss) Due to Curtailments		907	0	0
Actuarial loss (gain)	$ (821)	(12,953)	(71,700)	16,464
Amortization of prior service cost		238	281	267
Other Postretirement Benefit Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Service cost		108	95	106
Interest cost		143	155	135
Expected return on plan assets		(1,062)	(964)	(965)
Defined Benefit Plan, Amortization of Gains (Losses)		971	(384)	(182)
Actuarial loss (gain)		(308)	141
Net periodic benefit cost		$ 160	$ (1,098)	$ (906)

XML

Employee Benefit Plans (Schedule of Net Funded Status, Other Postretirement Benefit Plans) (Details) - Other Postretirement Benefit Plans, Defined Benefit [Member] - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate	4.10%	4.77%	3.86%
Change in benefit obligations:
Projected benefit obligations at beginning of year	$ 3,576	$ 3,342
Service cost	108	95	$ 106
Interest cost	143	155	135
Benefits Paid	(158)	(157)
Actuarial loss (gain)	(308)	141
Change in accumulated benefit obligations during the year	(215)	234
Projected benefit obligations at end of year	3,361	3,576	3,342
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	14,728	13,396
Actual return on plan assets	(375)	1,332
Benefits Paid	(158)	(157)
Fair value of plan assets at end of year	14,353	14,728	$ 13,396
Net amounts recognized in the consolidated balance sheets	10,992	11,152
Defined Benefit Plan, Assets for Plan Benefits, Noncurrent	10,992	11,152
Prior service cost	0	0
Net amounts recognized in accumulated other comprehensive income	$ 0	$ 0
Discount rate	4.34%	4.10%
Expected rate of return on assets	7.25%	7.25%	7.50%
Retirees [Member]
Change in benefit obligations:
Projected benefit obligations at beginning of year	$ 1,033	$ 1,159
Projected benefit obligations at end of year	907	1,033	$ 1,159
Active Employees Eligible to Retire [Member]
Change in benefit obligations:
Projected benefit obligations at beginning of year	424	388
Projected benefit obligations at end of year	423	424	388
Other Active Employees [Member]
Change in benefit obligations:
Projected benefit obligations at beginning of year	2,119	1,795
Projected benefit obligations at end of year	$ 2,031	$ 2,119	$ 1,795

XML

Employee Benefit Plans (Schedule of Changes in Fair Value of Plan Assets, Other Postretirement Benefit Plans) (Details) - Other Postretirement Benefit Plans, Defined Benefit [Member] - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 14,353	$ 14,728	$ 13,396
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6,621	7,982
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6,358	5,405
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,374	1,341	1,217	$ 1,194
Cash [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	133	248
Cash [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	133	248
Cash [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, U.S. Large-cap [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,781	1,644
Equity Securities, U.S. Large-cap [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,781	1,644
Equity Securities, U.S. Large-cap [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, U.S. Large-cap [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, International large-cap value[Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,566	1,449
Equity Securities, International large-cap value[Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,566	1,449
Equity Securities, International large-cap value[Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, International large-cap value[Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, Equity Index Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	622	748
Equity Securities, Equity Index Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	622	748
Equity Securities, Equity Index Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, Equity Index Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, Domestic Real Estate Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	160	164
Equity Securities, Domestic Real Estate Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	160	164
Equity Securities, Domestic Real Estate Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, Domestic Real Estate Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, Commodity Funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	477	427
Equity Securities, Commodity Funds [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	477	427
Equity Securities, Commodity Funds [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity Securities, Commodity Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income Funds, Corporate Debt Instruments [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	8,045	8,499
Fixed Income Funds, Corporate Debt Instruments [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,687	3,094
Fixed Income Funds, Corporate Debt Instruments [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6,358	5,405
Fixed Income Funds, Corporate Debt Instruments [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income Funds, High Yield Bonds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	195	208
Fixed Income Funds, High Yield Bonds [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	195	208
Fixed Income Funds, High Yield Bonds [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Fixed Income Funds, High Yield Bonds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Other Types of Investments, Multi-strategy hedge funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,374	1,341
Other Types of Investments, Multi-strategy hedge funds [Member] | Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Other Types of Investments, Multi-strategy hedge funds [Member] | Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Other Types of Investments, Multi-strategy hedge funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,374	1,341	1,217	1,184
Other Types of Investments, Venture Capital Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0	$ 0	$ 0	$ 1

XML

Employee Benefit Plans (Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets, Other Postretirement Benefit Plans) (Details) - Other Postretirement Benefit Plan [Member] - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	$ 14,728	$ 13,396
Realized gains (losses)	(971)	384	$ 182
Fair value of plan assets at end of year	14,353	14,728	13,396
Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	1,341	1,217	1,194
Unrealized gains (losses)	33	124	31
Fair value of plan assets at end of year	1,374	1,341	1,217
Common Collective Trusts [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	0	0	9
Unrealized gains (losses)	0	0	(1)
Fair value of plan assets at end of year	0	0	0
Venture Capital Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	0	0	1
Unrealized gains (losses)	0	0	(1)
Fair value of plan assets at end of year	0	0	0
Multi-strategy hedge funds [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	1,341
Fair value of plan assets at end of year	1,374	1,341
Multi-strategy hedge funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets at beginning of year	1,341	1,217	1,184
Unrealized gains (losses)	33	124	33
Fair value of plan assets at end of year	$ 1,374	$ 1,341	1,217
Defined Benefit Plans, Sales and Settlements [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Purchases, issuances, and settlements			(8)
Defined Benefit Plans, Sales and Settlements [Member] | Common Collective Trusts [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Purchases, issuances, and settlements			(8)
Defined Benefit Plans, Sales and Settlements [Member] | Venture Capital Funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Purchases, issuances, and settlements			0
Defined Benefit Plans, Sales and Settlements [Member] | Multi-strategy hedge funds [Member] | Fair Value, Inputs, Level 3 [Member]
Defined Benefit Plan Disclosure [Line Items]
Purchases, issuances, and settlements			$ 0

XML

Employee Benefit Plans (Schedule of Expected Benefit Payments, Other Postretirement Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 01, 2017	Jan. 03, 2016
United States Pension Plan of US Entity, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
2016		$ 17,950
2017		18,018
2018		18,289
2019		18,469
2020		18,683
2021-2025		95,733
Other Postretirement Benefit Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
2016		162
2017		171
2018		179
2019		189
2020		197
2021-2025		1,154
Foreign Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
2016		10,490
2017		11,051
2018		11,466
2019		11,855
2020		12,473
2021-2025		$ 67,253
Scenario, Forecast [Member] | Foreign Pension Plan, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year	$ 9,300

XML

Employee Benefit Plans (Savings Plan) (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, 401(k) Savings Plan, Employer Contribution Match of Employees Eligible Compensation	100.00%
Defined Benefit Plan, 401(k) Savings Plan, Maximum Employee Match Percent for Employer Match	5.00%
Defined Benefit, 401(k) Savings Plan Expense	$ 12.8	$ 12.2	$ 12.8

XML

Employee Benefit Plans (Supplemental Executive Retirement Plan) (Details) - Supplemental Employee Retirement Plans, Defined Benefit [Member] - USD ($) $ in Millions	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 21.5	$ 24.5
Fair value of plan assets	0.6	0.5
Pension expense	$ (1.6)	$ 4.8	$ (0.4)

XML

Employee Benefit Plans (Nonqualified Deferred Compensation Plans) (Details) - USD ($) $ in Millions	Jan. 03, 2016	Dec. 28, 2014
Management [Member]
Defined Benefit Plan Disclosure [Line Items]
Deferred Compensation Arrangement with Individual, Recorded Liability	$ 1.2	$ 1.0

XML

Contingencies (Details) $ in Millions	12 Months Ended
	Jan. 03, 2016 USD ($) years	Dec. 28, 2014 USD ($)	Dec. 29, 2013 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Accrual for Environmental Loss Contingencies, Component Amount		$ (2.3)	$ 5.7
Management's estimate of total cost of ultimate disposition of known environmental matters	$ 11.8	$ 12.3
Number of years over which estimated environmental cost will be paid | years	10

XML

Warranty Reserves (Details) $ in Thousands	12 Months Ended
	Jan. 03, 2016 USD ($) years	Dec. 28, 2014 USD ($)	Dec. 29, 2013 USD ($)
Warranty reserve activity
Period of warranty protection beyond date of sale (in years) | years	1
Balance beginning of period	$ 10,783	$ 10,534	$ 11,003
Provision charged to income	16,904	17,447	17,291
Payments	(16,204)	(16,750)	(17,116)
Adjustments to previously provided warranties, net	(60)	73	(693)
Foreign currency and acquisitions	(501)	(521)	49
Balance end of period	$ 10,922	$ 10,783	$ 10,534

XML

Stock Plans (Narrative) (Details)	3 Months Ended	12 Months Ended
	Mar. 29, 2015 shares	Jan. 03, 2016 USD ($) plan $ / shares shares	Dec. 28, 2014 USD ($) $ / shares shares	Dec. 29, 2013 USD ($) $ / shares shares	Dec. 30, 2012 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Stock-based Compensation Plans | plan		1
Total income tax benefit recognized for stock-based compensation		$ 5,800,000	$ 5,400,000	$ 4,400,000
Stock-based compensation costs capitalized as part of inventory		200,000	300,000
Options related excess tax benefit, classified as a financing cash activity		2,435,000	0	0
Aggregate intrinsic value for stock options outstanding		$ 42,700,000
Weighted average remaining contractual term of options (in years)		3 years 7 months
Aggregate intrinsic value for stock options exercisable		$ 36,200,000
Weighted average remaining contractual term of options exercisable (in years)		2 years 6 months
Number of shares vested and expected to vest in the future | shares		2,300,000
Aggregate intrinsic value of vested and expected to vest stock options		$ 42,100,000
Weighted average remaining contractual term for options vested and expected to vest		3 years 7 months
Total pre-tax stock-based compensation expense		$ 17,719,000	$ 14,464,000	$ 14,053,000
Deferred compensation liability		$ 5,900,000
Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant-date fair value of stock granted (per share) | $ / shares		$ 46.83	$ 42.84	$ 34.06
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | shares		8,860	35,954	28,515
Total pre-tax stock-based compensation expense		$ 4,000,000	$ 1,600,000	$ 1,400,000
Shares/units granted | shares		66,509	79,463	98,056
Awards/units outstanding | shares		201,415
Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant-date fair value of stock granted (per share) | $ / shares		$ 51.01	$ 42.14	$ 30.65
Total pre-tax stock-based compensation expense		$ 700,000	$ 700,000	$ 700,000
Shares/units granted | shares	544	1,953	2,373	3,263
Stock award program for non-employees Directors, fair market value		$ 100,000	$ 100,000	$ 100,000
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant-date fair value of stock granted (per share) | $ / shares		$ 46.86	$ 42.61	$ 33.87
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | shares		52,000	94,000	75,000
Fair value of restricted stock awards vested		$ 7,800,000	$ 7,100,000	$ 8,000,000
Total pre-tax stock-based compensation expense		8,700,000	$ 7,100,000	$ 7,500,000
Total unrecognized compensation cost, net of estimated forfeitures, related to nonvested stock, granted		$ 10,800,000
Shares/units granted | shares		245,000	261,000	289,000
Awards/units outstanding | shares		502,000	558,000	649,000	781,000
Weighted-average period for recognition of unrecognized compensation cost, years		1 year 3 months
Option vesting period (in years)		3 years
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under plan | shares		5,000,000
Weighted-average grant-date fair value of stock granted (per share) | $ / shares		$ 47.08	$ 41.71	$ 30.51
Share-based Compensation Arrangement by Share-based Payment Award, Discount from Market Price, Purchase Date		95.00%
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate		10.00%
Shares/units granted | shares		78,294	60,870	89,521
Shares available for grant under employee stock purchase plan | shares		1,000,000
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average grant-date fair value of options | $ / shares		$ 11.02	$ 11.86	$ 10.82
Total intrinsic value of options exercised		$ 25,900,000	$ 22,000,000	$ 13,800,000
Cash received from option exercises		14,900,000	24,500,000	20,300,000
Total pre-tax stock-based compensation expense		4,200,000	$ 5,000,000	$ 4,400,000
Total unrecognized compensation cost, net of estimated forfeitures, related to nonvested stock, granted		$ 5,700,000
Weighted-average period for recognition of unrecognized compensation cost, years		1 year 9 months
Option vesting period (in years)		3 years
Stock Options Expiration Period After Date of Grant		7 years
Two Thousand Nine Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under plan | shares		10,700,000

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Stock Plans (Summary of Total Compensation Recognized Related to Outstanding Stock Options) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 17,719	$ 14,464	$ 14,053
Cost of sales [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	1,339	1,456	1,304
Research and development expenses [Member ]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	600	546	853
Selling, general and administrative and other expenses [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense	$ 15,780	$ 12,462	$ 11,896

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Stock Plans (Weighted-Average Assumptions Used in the Black-Scholes Option Pricing Model) (Details)	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rate	1.30%	1.50%	0.90%
Expected dividend yield	0.60%	0.70%	0.80%
Expected lives, years	5 years	5 years	5 years
Expected stock volatility	26.50%	30.90%	38.50%

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Stock Plans (Summary of Stock Option Activity) (Details) - $ / shares shares in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Stock option activity
Shares outstanding at beginning of the year	2,828	3,494	4,266
Shares granted	502	520	518
Shares exercised	(849)	(1,024)	(947)
Shares canceled	(4)	(4)	(8)
Shares forfeited	(105)	(158)	(335)
Shares outstanding at end of year	2,372	2,828	3,494
Shares exercisable at end of year	1,500	1,900	2,392
Number of shares vested and expected to vest in the future	2,300
Weighted-average price, outstanding at beginning of year (per share)	$ 26.11	$ 23.34	$ 21.64
Weighted-average price, granted (per share)	46.36	43.12	33.62
Weighted-average price, exercised (per share)	17.56	23.89	21.45
Weighted-average price, canceled (per share)	20.20	20.97	22.88
Weighted-average price, forfeited (per share)	33.90	35.33	23.04
Weighted-average price, outstanding at end of year (per share)	33.12	26.11	23.34
Weighted-average price, exercisable at end of year (per share)	$ 27.01	$ 21.13	$ 20.66

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Stock Plans (Summary of Restricted Stock Award Activity) (Details) - $ / shares shares in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Restricted Stock Units (RSUs) [Member]
Restricted stock award activity
Performance factor percentage minimum	0.00%
Performance factor percentage maximum	200.00%
Restricted Stock Awards [Member]
Restricted stock award activity
Nonvested at beginning of year	558	649	781
Shares, granted	245	261	289
Shares, vested	(249)	(258)	(346)
Shares, forfeited	(52)	(94)	(75)
Nonvested at end of year	502	558	649
Weighted-average grant-date fair value, nonvested at beginning of year (per share)	$ 35.51	$ 29.24	$ 24.71
Weighted-average grant-date fair value of stock granted (per share)	46.86	42.61	33.87
Weighted-average grant-date fair value, vested (per share)	31.11	27.64	22.98
Weighted-average grant-date fair value, forfeited (per share)	40.71	33.58	28.76
Weighted-average grant-date fair value, nonvested at end of year (per share)	$ 42.61	$ 35.51	$ 29.24

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Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended										12 Months Ended
	Apr. 03, 2016	Jan. 03, 2016	Oct. 04, 2015	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Dec. 29, 2013	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Oct. 23, 2014	Oct. 24, 2012
Schedule of Stockholders' Equity [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax													$ 4,800
Stock repurchase program, number of shares authorized to be repurchased														8,000,000	6,000,000
Cash dividends (per share)		$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07		$ 0.28	$ 0.28
Aggregate cost of repurchased common stock to satisfy statutory tax withholding obligation requirements											$ 4,400	$ 4,300	$ 4,400
Number of common stock repurchased in open market											1,500,000	1,400,000	3,600,000
Stock repurchase program, number of shares remained available for repurchase		5,900,000									5,900,000
Repurchases of common stock											$ 72,000	$ 61,300	$ 123,000
Repurchased shares of common stock to satisfy statutory tax withholding obligation requirements											95,129	98,269	127,544
Dividends accrued		$ 7,800									$ 7,800
Other Comprehensive Loss (Income), Reclassification Adjustment from AOCI on Derivatives, Tax													$ 1,900
Unrecognized prior service costs, net of tax											$ (316)	$ 146	(658)
Interest Rate Contract [Member] | Interest Expense [Member]
Schedule of Stockholders' Equity [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax										$ (2,800)			$ (2,000)
Subsequent Event [Member]
Schedule of Stockholders' Equity [Line Items]
Cash dividends (per share)	$ 0.07
Number of common stock repurchased in open market	2,400,000
Repurchases of common stock	$ 109,700

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Stockholders' Equity (Components Of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012
Cumulative Translation Adjustment Summary [Roll Forward]
Foreign currency translation adjustment, net of tax, beginning of year	$ 23,332	$ 76,283	$ 67,527
Current year change	(70,178)	(52,951)	8,756
Foreign currency translation adjustment, net of tax, end of year	(46,846)	23,332	76,283
Unrecognized prior service costs, net of tax	1,259	1,575	1,429	$ 2,087
Unrecognized prior service costs, net of tax, current year change	(316)	146	(658)
Unrealized (losses) gains on securities, net of tax	(369)	(107)	(121)	(129)
Unrealized (losses) gains on securities, net of tax, current year change	(262)	14	8
Reclassification adjustments for losses on derivatives included in net income, net of tax	0	0	2,892
Unrealized and realized (losses) gains on derivatives, net of income tax	0	0	0	(2,892)
Other comprehensive (loss) income	(70,756)	(52,791)	10,998
Accumulated other comprehensive income (loss)	$ (45,956)	$ 24,800	$ 77,591	$ 66,593

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Derivatives And Hedging Activities (Details) $ in Thousands, € in Millions	1 Months Ended	3 Months Ended	12 Months Ended
	May. 31, 2008 USD ($)	Dec. 29, 2013 USD ($)	Jan. 03, 2016 USD ($)	Dec. 28, 2014 USD ($)	Dec. 29, 2013 USD ($)	Jan. 03, 2016 EUR (€)	Mar. 29, 2015 USD ($)	Dec. 28, 2014 EUR (€)	Dec. 30, 2012 USD ($)
Derivative [Line Items]
Company's business conducted outside United States			60.00%
Payments for (Proceeds from) Hedge, Financing Activities			$ (18,706)	$ 0	$ (1,363)
Settlement of forward interest rate contracts with notional amounts	$ 150,000
Accumulated derivative losses in other comprehensive (loss) income, net of taxes	8,400
Accumulated derivative losses in other comprehensive (loss) income, tax	$ 5,400
Accumulated derivative losses related to effective cash flow hedges in accumulated other comprehensive loss, net of taxes		$ 0	$ 0	$ 0	0				$ (2,892)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax					$ 4,800
Foreign Currency Cash Flow Hedge Gain (Loss) to be Reclassified During Next 12 Months							$ 0
European And Asian Currencies [Member]
Derivative [Line Items]
Maximum maturity period for foreign exchange contracts, in months			12 months
Duration of foreign currency derivative contract, days			30 days	30 days	30 days
Fair Value Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount		138,400	$ 127,300	$ 95,000	$ 138,400
Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative, Number of Instruments Held				5				5
Derivative, Notional Amount | €						€ 107.4		€ 238.2
Interest Rate Contract [Member] | Interest Expense [Member]
Derivative [Line Items]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, before Tax		$ (2,800)			$ (2,000)
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Derivative [Line Items]
Foreign Currency Contract, Asset, Fair Value Disclosure			$ (2,659)	$ (3,205)

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Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012	Oct. 25, 2011
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 95,400
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	57,350	$ 91	$ 4,926	$ 3,017
Asset impairment	$ 0	0	$ 158
Unamortized Debt Issuance Expense		6,500
Business Combination, Contingent Consideration Arrangements, Maximum Period	6 years
Business Combination, Contingent Consideration Arrangements, Weighted Average Period	2 years
Line of Credit, Maturing January 8, 2019 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Unsecured revolving credit facility, amount	$ 700,000
Revolving credit facility outstanding balance	482,000	516,000
Unsecured senior notes, carrying value	479,600	512,800
Long-term Debt	479,600	512,800
Unamortized Debt Issuance Expense	2,400	3,200
2021 Notes [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Unsecured senior notes, face value	500,000				$ 500,000
Unsecured senior notes, carrying value	495,100	494,400
Long-term Debt	495,100	494,400
Discount on senior unsecured notes	(2,017)	(2,300)			$ (3,100)
Unamortized Debt Issuance Expense	2,900	3,300
Unsecured senior notes, fair value	518,900	542,700
Financing Lease Obligations [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Unsecured senior notes, fair value	38,200	$ 39,300
Vanadis Diagnostics AB [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 93,000
Vanadis Diagnostics AB [Member] | Minimum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Projected milestone date	2016
Fair Value Inputs, Discount Rate	3.10%
Conditional probability of success	85.00%
Cumulative probability of success	53.00%
Vanadis Diagnostics AB [Member] | Maximum [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Projected milestone date	2019
Fair Value Inputs, Discount Rate	11.30%
Conditional probability of success	95.00%
Cumulative probability of success	90.00%

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Fair Value Measurements (Assets and Liabilities Carried at Fair Value Measured on a Recurring Basis) (Details) - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Dec. 30, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	$ 57,350	$ 91	$ 4,926	$ 3,017
Fair Value, Measurements, Recurring [Member] | Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	(1,586)	(1,568)
Foreign Currency Contract, Asset, Fair Value Disclosure	2,659	3,205
Foreign exchange derivative liabilities, net	(442)	(302)
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	57,350	91
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	(1,586)	(1,568)
Foreign Currency Contract, Asset, Fair Value Disclosure	0	0
Foreign exchange derivative liabilities, net	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	0	0
Fair Value, Measurements, Recurring [Member] | Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Foreign Currency Contract, Asset, Fair Value Disclosure	2,659	3,205
Foreign exchange derivative liabilities, net	(442)	(302)
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	0	0
Fair Value, Measurements, Recurring [Member] | Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable securities	0	0
Foreign Currency Contract, Asset, Fair Value Disclosure	0	0
Foreign exchange derivative liabilities, net	0	0
Fair Value, Measurement with Unobservable Inputs Reconciliations, Recurring Basis, Liability Value	$ 57,350	$ 91

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Fair Value Measurements (Reconciliation of Beginning and Ending Level 3 Net Liabilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance beginning of period	$ (91)	$ (4,926)	$ (3,017)
Additions	(57,353)	0	(1,100)
Payments	(113)	(2,074)	(135)
Change in fair value (included within selling, general and administrative expenses)	(19)	2,761	(944)
Balance end of period	$ (57,350)	$ (91)	$ (4,926)

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Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013	Aug. 22, 2013
Sale Leaseback Transaction [Line Items]
Sale Leaseback Transaction, Description of Accounting for Leaseback	The lease is accounted for as an operating lease and the excess of the net proceeds over the net carrying amount of the property are being amortized on a straight-line basis over the initial lease term of 15 years.
Sale Leaseback Transaction, Date			8/22/2013
Sale Leaseback Transaction, Gross Proceeds			$ 47.6
Sale Leaseback Transaction, Lease Terms			15 years
Sale Leaseback Transaction, Current Period Gain Recognized	$ 1.8	$ 1.8	$ 0.6
Sale Leaseback Transaction, Deferred Gain, Gross				$ 26.5
Sale Leaseback Transaction, Deferred Gain, Net	22.3	24.1
Sales Leaseback Transaction, Short-Term Deferred Gain	1.8	1.8
Sales Leaseback Transaction, Long-Term Deferred Gain	20.5	22.3
Rental expense charged to continiuing operations	54.4	$ 54.8	$ 52.6
Minimum rental commitments in next fiscal year	51.0
Minimum rental commitments due in two years	34.1
Minimum rental commitments due in three year	25.9
Minimum rental commitments due in four years	20.2
Minimum rental commitments due in five years	16.4
Minimum rental commitments due in six years and thereafter	$ 48.7

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Schedule of Sales and Operating Income from Continuing Operations by Operating Segment (Details) $ in Thousands		3 Months Ended									12 Months Ended
		Jan. 03, 2016 USD ($)	[1]	Oct. 04, 2015 USD ($)	Jun. 28, 2015 USD ($)	Mar. 29, 2015 USD ($)	Dec. 28, 2014 USD ($)	Sep. 28, 2014 USD ($)	Jun. 29, 2014 USD ($)	Mar. 30, 2014 USD ($)	Jan. 03, 2016 USD ($) segments	Dec. 28, 2014 USD ($)	Dec. 29, 2013 USD ($)
Schedule of Segment Reporting Information, by Segment [Line Items]
Number of Operating Segments | segments											2
Sales Revenue, Goods, Net											$ 1,552,638	$ 1,540,075	$ 1,498,070
Service revenue											709,721	697,144	659,516
Total revenue											2,262,359	2,237,219	2,157,586
Operating income from continuing operations		$ 84,724		$ 75,898	$ 68,131	$ 57,381	$ 30,567	$ 58,776	$ 69,637	$ 51,762	286,134	210,742	227,794
Interest and other expense (income), net											42,119	41,139	64,110
Income from continuing operations before income taxes		$ 74,813		$ 63,954	$ 57,288	$ 47,960	$ 20,647	$ 47,810	$ 60,673	$ 40,473	244,015	169,603	163,684
Defined Benefit Plan, Recognized Net Gain (Loss) on Mark-to-Market											12,400	75,900	(17,600)
Payments for Legal Settlements												7,000
Loss Contingency Accrual													3,700
Human Health [Member]
Schedule of Segment Reporting Information, by Segment [Line Items]
Sales Revenue, Goods, Net											976,451	996,767	957,022
Service revenue											400,193	387,456	368,872
Total revenue											1,376,644	1,384,223	1,325,894
Operating income from continuing operations	[2]										251,743	233,689	168,794
Human Health [Member] | Customer Lists [Member]
Schedule of Segment Reporting Information, by Segment [Line Items]
Impairment of Intangible Assets (Excluding Goodwill)													200
Environmental Health [Member]
Schedule of Segment Reporting Information, by Segment [Line Items]
Sales Revenue, Goods, Net											576,187	543,308	541,048
Service revenue											309,528	309,688	290,644
Total revenue											885,715	852,996	831,692
Operating income from continuing operations											89,544	95,605	84,710
Corporate [Member]
Schedule of Segment Reporting Information, by Segment [Line Items]
Operating income from continuing operations	[3],[4]										(55,153)	(118,552)	$ (25,710)
Particular Human Health Case [Member]
Schedule of Segment Reporting Information, by Segment [Line Items]
Legal Fees											$ 800
Enzo Biochem, Inc. Complaint [Member]
Schedule of Segment Reporting Information, by Segment [Line Items]
Loss Contingency Accrual, Period Increase (Decrease)												3,300
Litigation Settlement, Expense												$ 3,400

[1] The fourth quarter of fiscal year 2015 includes a pre-tax loss of $12.4 million as a result of the mark-to-market adjustment on postretirement benefit plans. The fourth quarter of fiscal year 2014 includes a pre-tax loss of $75.9 million as a result of the mark-to-market adjustment on postretirement benefit plans. See Note 1 for a discussion of this accounting policy.

[2] Legal costs for a particular case in the Human Health segment were $0.8 million for fiscal year 2015. The Company also recognized a $0.2 million pre-tax impairment charge in the Human Health segment in fiscal year 2013. Both of these items have been included in operating income from continuing operations in the Human Health segment.

[3] Activity related to the mark-to-market adjustment on postretirement benefit plans has been included in the Corporate operating loss from continuing operations, and in the aggregate constituted a pre-tax loss of $12.4 million in fiscal year 2015, a pre-tax loss of $75.9 million in fiscal year 2014, and pre-tax income of $17.6 million in fiscal year 2013.

[4] Includes expenses related to litigation with Enzo Biochem, Inc. and Enzo Life Sciences, Inc. (collectively, “Enzo”). Enzo filed a complaint in 2002 that alleged that the Company separately and together with other defendants breached distributorship and settlement agreements with Enzo, infringed Enzo's patents, engaged in unfair competition and fraud, and committed torts against Enzo by, among other things, engaging in commercial development and exploitation of Enzo's patented products and technology. The Company entered into a settlement agreement with Enzo dated June 20, 2014 and during fiscal year 2014 paid $7.0 million into a designated escrow account to resolve this matter, of which $3.7 million had been accrued in previous years and $3.3 million was recorded during fiscal year 2014. In addition, $3.4 million of expenses were incurred and recorded in preparation for the trial during fiscal year 2014.

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Industry Segment and Geographic Area Information Schedule of Depreciation, Amortization and Capital Expenditures (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Segment Reporting Information [Line Items]
Depreciation and amortization expense	$ 112,007	$ 116,736	$ 126,879
Human Health [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization expense	81,335	92,604	100,941
Capital expenditures	16,091	16,922	22,999
Environmental Health [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization expense	29,213	22,101	23,556
Capital expenditures	10,352	10,428	14,433
Corporate [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization expense	1,459	2,031	2,382
Capital expenditures	3,189	1,722	1,549
Continuing Operations [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization expense	112,007	116,736	126,879
Capital expenditures	29,632	29,072	38,981
Discontinued Operations [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization expense	0	339	1,590
Capital expenditures	$ 0	$ 213	$ 10

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Industry Segment and Geographic Area Information Schedule of Total Assets by Segment (Details) - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Schedule of Total Assets, by segment [Line Items]
Assets	$ 4,166,295	$ 4,127,576
Human Health [Member]
Schedule of Total Assets, by segment [Line Items]
Assets	2,778,835	2,737,824	$ 2,724,254
Environmental Health [Member]
Schedule of Total Assets, by segment [Line Items]
Assets	1,358,963	1,361,270	1,182,356
Corporate [Member]
Schedule of Total Assets, by segment [Line Items]
Assets	28,497	28,482	28,441
Net current and long-term assets of discontinued operations [Member]
Schedule of Total Assets, by segment [Line Items]
Assets	0	0	5,831
Total assets [Member]
Schedule of Total Assets, by segment [Line Items]
Assets	$ 4,166,295	$ 4,127,576	$ 3,940,882

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Industry Segment and Geographic Area Information Schedule of Revenue by Geographic Area (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Sales by Geographic Area [Line Items]
Total sales	$ 2,262,359	$ 2,237,219	$ 2,157,586
UNITED STATES
Sales by Geographic Area [Line Items]
Total sales	916,314	849,356	826,991
CHINA
Sales by Geographic Area [Line Items]
Total sales	312,915	276,230	254,838
UNITED KINGDOM
Sales by Geographic Area [Line Items]
Total sales	112,763	134,614	133,611
GERMANY
Sales by Geographic Area [Line Items]
Total sales	105,421	107,081	99,153
ITALY
Sales by Geographic Area [Line Items]
Total sales	74,744	85,433	78,120
FRANCE
Sales by Geographic Area [Line Items]
Total sales	74,651	84,946	81,719
JAPAN
Sales by Geographic Area [Line Items]
Total sales	72,624	93,811	95,676
Other International [Member]
Sales by Geographic Area [Line Items]
Total sales	592,927	605,748	587,478
Total international [Member]
Sales by Geographic Area [Line Items]
Total sales	$ 1,346,045	$ 1,387,863	$ 1,330,595

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Industry Segment and Geographic Area Information Schedule of Long-Lived Assets by Geographic Location (Details) - USD ($) $ in Thousands	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	$ 281,370	$ 284,683	$ 290,310
UNITED STATES
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	192,681	192,176	208,891
CHINA
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	34,494	36,797	30,682
UNITED KINGDOM
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	14,751	13,033	9,882
FINLAND
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	12,203	12,758	13,635
SINGAPORE
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	7,679	7,041	6,812
NETHERLANDS
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	3,835	3,614	4,037
ITALY
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	2,958	4,107	2,735
GERMANY
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	2,171	2,493	2,591
Other International [Member]
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	10,598	12,664	11,045
Total international [Member]
Long-lived assets by Geographic Area [Line Items]
Total net long-lived assets	$ 88,689	$ 92,507	$ 81,419

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Quarterly Financial Information (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended									12 Months Ended
		Jan. 03, 2016		Oct. 04, 2015	Jun. 28, 2015	Mar. 29, 2015	Dec. 28, 2014	Sep. 28, 2014	Jun. 29, 2014	Mar. 30, 2014	Jan. 03, 2016	Dec. 28, 2014	Dec. 29, 2013
Quarterly Financial Data [Abstract]
Revenue		$ 608,116		$ 563,436	$ 563,906	$ 526,901	$ 608,390	$ 542,049	$ 556,170	$ 530,610	$ 2,262,359	$ 2,237,219
Gross profit		282,011		254,603	252,512	235,374	277,602	243,309	247,984	235,713	1,024,500	1,004,608
Restructuring and contract termination charges, net		8,752		(118)	4,956	0	(579)	11,092	742	2,135	13,590	13,390	$ 33,892
Operating income from continuing operations		84,724	[1]	75,898	68,131	57,381	30,567	58,776	69,637	51,762	286,134	210,742	227,794
Income from continuing operations before income taxes		74,813	[1]	63,954	57,288	47,960	20,647	47,810	60,673	40,473	244,015	169,603	163,684
Operating income from continuing operations		68,484	[1]	54,897	48,996	40,311	31,314	42,898	52,003	34,951	212,688	161,166	174,267
Net income		$ 68,254	[1]	$ 54,863	$ 48,974	$ 40,334	$ 30,787	$ 42,277	$ 50,490	$ 34,224	$ 212,425	$ 157,778	$ 167,212
Basic earnings per share:
Income from continuing operations		$ 0.61	[1]	$ 0.49	$ 0.43	$ 0.36	$ 0.28	$ 0.38	$ 0.46	$ 0.31	$ 1.89	$ 1.43	$ 1.55
Net income		0.61	[1]	0.49	0.43	0.36	0.27	0.38	0.45	0.30	1.89	1.40	1.49
Diluted earnings per share:
Income from continuing operations		0.61	[1]	0.48	0.43	0.36	0.28	0.38	0.46	0.31	1.88	1.42	1.54
Net income		0.61	[1]	0.48	0.43	0.36	0.27	0.37	0.44	0.30	1.87	1.39	$ 1.47
Cash dividends per common share		$ 0.07		$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.07	$ 0.28	$ 0.28
Defined Benefit Plan, Recognized Net Gain (Loss) on Mark-to-Market											$ 12,400	$ 75,900	$ (17,600)
Tax Adjustments, Settlements, and Unusual Provisions											(7,200)	(7,000)	(24,000)
Human Health [Member]
Quarterly Financial Data [Abstract]
Operating income from continuing operations	[2]										$ 251,743	$ 233,689	$ 168,794

[1] The fourth quarter of fiscal year 2015 includes a pre-tax loss of $12.4 million as a result of the mark-to-market adjustment on postretirement benefit plans. The fourth quarter of fiscal year 2014 includes a pre-tax loss of $75.9 million as a result of the mark-to-market adjustment on postretirement benefit plans. See Note 1 for a discussion of this accounting policy.

[2] Legal costs for a particular case in the Human Health segment were $0.8 million for fiscal year 2015. The Company also recognized a $0.2 million pre-tax impairment charge in the Human Health segment in fiscal year 2013. Both of these items have been included in operating income from continuing operations in the Human Health segment.