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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2021
Sep. 27, 2020
Sep. 26, 2021
Sep. 27, 2020
Income Statement [Abstract]        
Net revenues $ 700,251 $ 628,301 $ 2,047,649 $ 1,825,977
Cost of goods sold 312,464 298,977 917,779 884,657
Gross profit 387,787 329,324 1,129,870 941,320
Selling, general and administrative expenses 205,194 171,673 632,501 510,662
Research and development expenses 31,816 29,218 95,046 85,978
Restructuring and impairment charges (credits) 959 (3,659) 20,451 16,692
Gain on sale of business (91,157) 0 (91,157) 0
Income from continuing operations before interest and taxes 240,975 132,092 473,029 327,988
Interest expense 11,989 16,652 44,958 47,773
Interest income (215) (214) (1,106) (956)
Loss on extinguishment of debt 0 0 12,986 0
Income from continuing operations before taxes 229,201 115,654 416,191 281,171
Taxes (benefits) on income from continuing operations 29,695 (951) 58,535 21,971
Income from continuing operations 199,506 116,605 357,656 259,200
Operating loss from discontinued operations (423) (29) (470) (11)
Tax benefit on operating loss from discontinued operations (98) (11) (109) (4)
Loss from discontinued operations (325) (18) (361) (7)
Net income $ 199,181 $ 116,587 $ 357,295 $ 259,193
Basic:        
Income from continuing operations (in dollars per share) $ 4.26 $ 2.51 $ 7.66 $ 5.58
Loss from discontinued operations (in dollars per share) 0 0 (0.02) 0
Net income (in dollars per share) 4.26 2.51 7.64 5.58
Diluted:        
Income from continuing operations (in dollars per share) 4.20 2.46 7.54 5.48
Loss from discontinued operations (in dollars per share) 0 0 (0.01) 0
Net income (in dollars per share) $ 4.20 $ 2.46 $ 7.53 $ 5.48
Weighted average common shares outstanding        
Basic (in shares) 46,810 46,530 46,749 46,451
Diluted (in shares) 47,452 47,333 47,431 47,269