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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 29, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net revenues $ 630,642 $ 613,584
Cost of goods sold 297,018 289,614
Gross profit 333,624 323,970
Selling, general and administrative expenses 147,796 206,921
Research and development expenses 27,396 27,150
Restructuring and impairment charges 1,346 17,395
Gain on sale of assets 0 (2,739)
Income from continuing operations before interest and taxes 157,086 75,243
Interest expense 15,439 22,692
Interest income (579) (339)
Income from continuing operations before taxes 142,226 52,890
Taxes on income from continuing operations 11,074 10,972
Income from continuing operations 131,152 41,918
Operating loss from discontinued operations (4) (1,343)
Tax benefit on operating loss from discontinued operations (2) (322)
Loss from discontinued operations (2) (1,021)
Net income $ 131,150 $ 40,897
Basic:    
Income from continuing operations (in dollars per share) $ 2.83 $ 0.91
Income (loss) from discontinued operations (in dollars per share) 0 (0.02)
Net income (in dollars per share) 2.83 0.89
Diluted:    
Income from continuing operations (in dollars per share) 2.78 0.89
Loss from discontinued operations (in dollars per share) 0 (0.02)
Net income (in dollars per share) $ 2.78 $ 0.87
Weighted average common shares outstanding    
Basic (in shares) 46,382 46,050
Diluted (in shares) 47,231 46,942