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CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Income Statement [Abstract]      
Net sales $ 2,362,657 $ 2,513,897 $ 2,079,928
Cost of sales 1,462,416 1,506,984 1,308,002
Gross profit 900,241 1,006,913 771,926
Selling, general, and administrative expenses 354,655 344,813 275,457
Research and development expenses 102,429 95,602 65,940
Amortization of intangibles 65,794 55,695 42,729
Restructuring, impairment, and other charges 16,501 9,977 2,158
Total operating expenses 539,379 506,087 386,284
Operating income 360,862 500,826 385,642
Interest expense 39,866 26,216 18,527
Foreign exchange loss 12,299 24,359 17,158
Other (income) expense, net (19,901) 7,207 8,932
Income before income taxes 328,598 443,044 341,025
Income taxes 69,113 69,738 57,219
Net income $ 259,485 $ 373,306 $ 283,806
Income per share:      
Basic (in dollars per share) $ 10.44 $ 15.09 $ 11.54
Diluted (in dollars per share) $ 10.34 $ 14.94 $ 11.38
Weighted average shares and equivalent shares outstanding:      
Basic (in shares) 24,854 24,734 24,603
Diluted (in shares) 25,102 24,986 24,932