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CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]        
Net sales $ 611,997 $ 618,436 $ 1,221,779 $ 1,241,766
Cost of sales 377,165 355,465 741,990 720,199
Gross profit 234,832 262,971 479,789 521,567
Selling, general, and administrative expenses 94,543 93,093 182,853 168,601
Research and development expenses 24,496 23,488 51,786 43,044
Amortization of intangibles 16,885 11,592 33,751 24,316
Restructuring, impairment, and other charges 6,855 634 8,705 852
Total operating expenses 142,779 128,807 277,095 236,813
Operating income 92,053 134,164 202,694 284,754
Interest expense 10,056 4,368 19,702 8,670
Foreign exchange (gain) loss (1,404) 14,124 (3,079) 21,860
Other (income) expense, net (2,050) 6,060 (8,283) 10,487
Income before income taxes 85,451 109,612 194,354 243,737
Income taxes 15,380 22,596 35,538 39,203
Net income $ 70,071 $ 87,016 $ 158,816 $ 204,534
Earnings per share:        
Basic (in dollars per share) $ 2.82 $ 3.52 $ 6.40 $ 8.28
Diluted (in dollars per share) $ 2.79 $ 3.48 $ 6.33 $ 8.19
Weighted-average shares and equivalent shares outstanding:        
Basic (in shares) 24,839 24,734 24,810 24,712
Diluted (in shares) 25,095 24,985 25,078 24,986