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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net revenues $ 2,809,563 $ 2,537,156 $ 2,595,362
Cost of goods sold 1,259,961 1,212,282 1,186,357
Gross profit 1,549,602 1,324,874 1,409,005
Selling, general and administrative expenses 860,085 743,568 851,766
Research and development expenses 130,841 119,747 113,857
Restructuring and impairment charges 21,738 38,491 22,205
Gain on sale of business and assets (91,157) 0 (6,077)
Income from continuing operations before interest, loss on extinguishment of debt and taxes 628,095 423,068 427,254
Interest expense 56,969 66,494 80,270
Interest income (1,328) (1,158) (1,741)
Loss on extinguishment of debt 12,986 0 8,822
Income from continuing operations before taxes 559,468 357,732 339,903
Taxes (benefit) on income from continuing operations 74,349 21,931 (122,078)
Income from continuing operations 485,119 335,801 461,981
Income (loss) from discontinued operations 331 (621) (828)
Taxes (benefit) on operating loss from discontinued operations 76 (144) (313)
Income (loss) from discontinued operations 255 (477) (515)
Net income $ 485,374 $ 335,324 $ 461,466
Basic:      
Income from continuing operations (in dollars per share) $ 10.37 $ 7.22 $ 10.00
Income (loss) from discontinued operations (in dollars per share) 0.01 (0.01) (0.01)
Net income (in dollars per share) 10.38 7.21 9.99
Diluted:      
Income from continuing operations (in dollars per share) 10.23 7.10 9.81
Income (loss) from discontinued operations (in dollars per share) 0 (0.01) (0.01)
Net income (loss), diluted (in dollar per share) $ 10.23 $ 7.09 $ 9.80
Weighted average shares outstanding:      
Basic (in shares) 46,774 46,488 46,200
Diluted (in shares) 47,427 47,287 47,090