Industry Segment and Geographic Area Information (Tables)
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12 Months Ended |
Jan. 01, 2023 |
Segment Reporting [Abstract] |
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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 1, 2023 | | January 2, 2022 | | January 3, 2021 | | (In thousands) | Revenues | | | | | | Discovery & Analytical Solutions | $ | 1,292,909 | | | $ | 897,718 | | | $ | 596,585 | | Diagnostics | 2,019,727 | | | 2,932,738 | | | 2,067,728 | | Revenue purchase accounting adjustments | (814) | | | (2,648) | | | (1,083) | | Total revenues | $ | 3,311,822 | | | $ | 3,827,808 | | | $ | 2,663,230 | | | | | | | | Segment Operating Income | | | | | | Discovery & Analytical Solutions | $ | 503,243 | | | $ | 281,602 | | | $ | 129,174 | | Diagnostics | 781,985 | | | 1,432,769 | | | 1,010,361 | | Corporate | (73,431) | | | (77,364) | | | (73,854) | | Subtotal reportable segments | 1,211,797 | | | 1,637,007 | | | 1,065,681 | | Amortization of intangible assets | (370,638) | | | (256,569) | | | (160,991) | | Purchase accounting adjustments | (45,681) | | | (40,993) | | | (6,382) | | Acquisition and divestiture-related costs | (39,826) | | | (62,760) | | | (4,335) | | Restructuring and other | (12,953) | | | (18,228) | | | (26,700) | | Operating income from continuing operations | 742,699 | | | 1,258,457 | | | 867,273 | | Interest and other expense, net | 90,862 | | | 54,875 | | | 67,201 | | Income from continuing operations before income taxes | $ | 651,837 | | | $ | 1,203,582 | | | $ | 800,072 | |
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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 1, 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Depreciation and Amortization Expense | | Capital Expenditures | | January 1, 2023 | | January 2, 2022 | | January 3, 2021 | | January 1, 2023 | | January 2, 2022 | | January 3, 2021 | | (In thousands) | | (In thousands) | Discovery & Analytical Solutions | $ | 263,698 | | | $ | 94,700 | | | $ | 48,657 | | | $ | 41,532 | | | $ | 27,818 | | | $ | 6,345 | | Diagnostics | 161,394 | | | 214,178 | | | 149,738 | | | 40,671 | | | 57,206 | | | 55,236 | | Corporate | 1,908 | | | 2,565 | | | 3,253 | | | 3,429 | | | 996 | | | 2,053 | | Continuing operations | $ | 427,000 | | | $ | 311,443 | | | $ | 201,648 | | | $ | 85,632 | | | $ | 86,020 | | | $ | 63,634 | | | | | | | | | | | | | |
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Schedule of Total Assets by Segment |
| | | | | | | | | | | | | Total Assets | | January 1, 2023 | | January 2, 2022 | | (In thousands) | Discovery & Analytical Solutions | $ | 8,330,045 | | | $ | 8,478,292 | | Diagnostics | 3,991,659 | | | 4,692,816 | | Corporate | 114,447 | | | 129,904 | | Current and long-term assets of discontinued operations | 1,693,704 | | | 1,699,542 | | Total assets | $ | 14,129,855 | | | $ | 15,000,554 | |
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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 1, 2023 and net long-lived assets based on physical location as of January 1, 2023 and January 2, 2022: | | | | | | | | | | | | | | | | | | | Revenue | | January 1, 2023 | | January 2, 2022 | | January 3, 2021 | | (In thousands) | U.S. | $ | 1,546,520 | | | $ | 1,682,294 | | | $ | 921,574 | | International: | | | | | | China | 476,366 | | | 449,588 | | | 305,660 | | United Kingdom | 136,017 | | | 357,911 | | | 323,837 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other international | 1,152,919 | | | 1,338,015 | | | 1,112,159 | | Total international | 1,765,302 | | | 2,145,514 | | | 1,741,656 | | Total revenue | $ | 3,311,822 | | | $ | 3,827,808 | | | $ | 2,663,230 | |
| | | | | | | | | | | | | | | Net Long-Lived Assets(1) | | January 1, 2023 | | January 2, 2022 | | | | (In thousands) | U.S. | $ | 311,661 | | | $ | 295,397 | | | | International: | | | | | | Germany | 147,766 | | | 146,633 | | | | China | 68,072 | | | 59,851 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other international | 216,235 | | | 222,190 | | | | Total international | 432,073 | | | 428,674 | | | | Total net long-lived assets | $ | 743,734 | | | $ | 724,071 | | | |
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