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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2017
Sep. 25, 2016
Oct. 01, 2017
Sep. 25, 2016
Income Statement [Abstract]        
Net revenues $ 534,703 $ 455,648 $ 1,551,197 $ 1,354,094
Cost of goods sold 239,476 214,046 710,126 630,946
Gross profit 295,227 241,602 841,071 723,148
Selling, general and administrative expenses 163,771 139,797 486,674 419,128
Research and development expenses 21,194 15,067 59,299 42,892
Restructuring (credits) charges (92) 3,027 13,723 12,876
Gain on sale of assets 0 (2,776) 0 (4,173)
Income from continuing operations before interest, loss on extinguishment of debt and taxes 110,354 86,487 281,375 252,425
Interest expense 21,264 12,888 58,884 38,579
Interest income (286) (115) (616) (324)
Loss on extinguishment of debt 0 0 5,593 19,261
Income from continuing operations before taxes 89,376 73,714 217,514 194,909
Taxes on income from continuing operations 9,978 7,514 19,404 18,134
Income from continuing operations 79,398 66,200 198,110 176,775
Operating (loss) income from discontinued operations (3,749) 260 (4,597) (116)
(Benefit) taxes on income (loss) from discontinued operations (1,366) 138 (1,675) (119)
(Loss) income from discontinued operations (2,383) 122 (2,922) 3
Net income 77,015 66,322 195,188 176,778
Less: Income from continuing operations attributable to noncontrolling interest 0 0 0 464
Net income attributable to common shareholders $ 77,015 $ 66,322 $ 195,188 $ 176,314
Basic:        
Income from continuing operations (in dollars per share) $ 1.76 $ 1.50 $ 4.40 $ 4.09
Income (loss) from discontinued operations (in dollars per share) (0.05) 0.01 (0.06) 0.00
Net income (in dollars per share) 1.71 1.51 4.34 4.09
Diluted:        
Income from continuing operations (in dollars per share) 1.70 1.40 4.24 3.69
Loss from discontinued operations (in dollars per share) (0.05) 0.00 (0.06) 0.00
Net income (in dollars per share) 1.65 1.40 4.18 3.69
Dividends per share (in dollars per share) $ 0.34 $ 0.34 $ 1.02 $ 1.02
Weighted average common shares outstanding        
Basic (in shares) 45,035 44,045 44,975 43,081
Diluted (in shares) 46,587 47,446 46,673 47,824
Amounts attributable to common shareholders:        
Income from continuing operations, net of tax $ 79,398 $ 66,200 $ 198,110 $ 176,311
(Loss) income from discontinued operations, net of tax (2,383) 122 (2,922) 3
Net income attributable to common shareholders $ 77,015 $ 66,322 $ 195,188 $ 176,314