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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2023
Sep. 25, 2022
Oct. 01, 2023
Sep. 25, 2022
Income Statement [Abstract]        
Net revenues $ 746,389 $ 686,788 $ 2,200,580 $ 2,033,045
Cost of goods sold 330,078 312,833 985,066 924,024
Gross profit 416,311 373,955 1,215,514 1,109,021
Selling, general and administrative expenses 213,194 209,616 669,216 630,373
Research and development expenses 37,576 37,770 118,493 111,064
Restructuring and impairment charges 231 628 3,960 2,950
Gains on sale of asset and business 0 (6,504) 0 (6,504)
Income from continuing operations before interest and taxes 165,310 132,445 423,845 371,138
Interest expense 23,192 13,375 59,291 35,212
Interest income (7,487) (126) (9,486) (577)
Income from continuing operations before taxes 149,605 119,196 374,040 336,503
Taxes on income from continuing operations 11,935 17,315 47,651 51,700
Income from continuing operations 137,670 101,881 326,389 284,803
Operating (loss) income from discontinued operations (687) 19 (1,512) (329)
Tax (benefit) expense on operating loss from discontinued operations (157) 5 (346) (76)
(Loss) income from discontinued operations (530) 14 (1,166) (253)
Net income $ 137,140 $ 101,895 $ 325,223 $ 284,550
Basic:        
Income from continuing operations (in dollars per share) $ 2.93 $ 2.17 $ 6.95 $ 6.07
Loss from discontinued operations (in dollars per share) (0.01) 0 (0.03) 0
Net income (in dollars per share) 2.92 2.17 6.92 6.07
Diluted:        
Income from continuing operations (in dollars per share) 2.91 2.16 6.90 6.02
Loss from discontinued operations (in dollars per share) (0.01) 0 (0.02) (0.01)
Net income (in dollars per share) $ 2.90 $ 2.16 $ 6.88 $ 6.01
Weighted average common shares outstanding        
Basic (in shares) 46,992 46,906 46,974 46,894
Diluted (in shares) 47,299 47,263 47,304 47,337