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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2023
Jun. 26, 2022
Jul. 02, 2023
Jun. 26, 2022
Income Statement [Abstract]        
Net revenues $ 743,259 $ 704,542 $ 1,454,191 $ 1,346,257
Cost of goods sold 335,436 315,709 654,988 611,191
Gross profit 407,823 388,833 799,203 735,066
Selling, general and administrative expenses 223,306 216,825 456,022 420,757
Research and development expenses 39,448 36,934 80,917 73,294
Restructuring and impairment charges (credits) 1,508 (83) 3,729 2,322
Income from continuing operations before interest and taxes 143,561 135,157 258,535 238,693
Interest expense 17,762 11,419 36,099 21,837
Interest income (1,156) (229) (1,999) (451)
Income from continuing operations before taxes 126,955 123,967 224,435 217,307
Taxes on income from continuing operations 15,532 18,412 35,716 34,385
Income from continuing operations 111,423 105,555 188,719 182,922
Operating loss from discontinued operations (114) (54) (825) (348)
Tax benefit on operating loss from discontinued operations (26) (13) (189) (81)
Loss from discontinued operations (88) (41) (636) (267)
Net income $ 111,335 $ 105,514 $ 188,083 $ 182,655
Basic:        
Income from continuing operations (in dollars per share) $ 2.37 $ 2.25 $ 4.02 $ 3.90
Loss from discontinued operations (in dollars per share) 0 0 (0.02) 0
Net income (in dollars per share) 2.37 2.25 4.00 3.90
Diluted:        
Income from continuing operations (in dollars per share) 2.35 2.23 3.99 3.86
Loss from discontinued operations (in dollars per share) 0 0 (0.01) 0
Net income (in dollars per share) $ 2.35 $ 2.23 $ 3.98 $ 3.86
Weighted average common shares outstanding        
Basic (in shares) 46,981 46,901 46,965 46,889
Diluted (in shares) 47,329 47,347 47,307 47,374