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Condensed Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jul. 03, 2011
Jul. 04, 2010
Jul. 03, 2011
Jul. 04, 2010
Net revenues:        
Products $ 341,316 $ 386,734 $ 657,035 $ 650,220
Services 69,203 58,537 130,645 114,389
Total net revenues 410,519 445,271 787,680 764,609
Cost of revenues:        
Cost of products 159,995 164,421 313,358 285,294
Cost of services 35,438 29,948 66,827 58,537
Total cost of revenues 195,433 194,369 380,185 343,831
Gross profit 215,086 250,902 407,495 420,778
Operating expenses:        
Engineering and development 47,393 49,341 95,370 97,278
Selling and administrative 57,481 57,730 115,710 112,417
Acquired intangible asset amortization 7,291 7,313 14,582 14,668
Restructuring and other, net 1,279 371 1,692 1,274
Total operating expenses 113,444 114,755 227,354 225,637
Income from operations 101,642 136,147 180,141 195,141
Interest income 1,403 3,681 2,690 4,523
Interest expense and other (5,316) (7,755) (11,492) (13,662)
Income from continuing operations before income taxes 97,729 [1],[2] 132,073 [1],[2] 171,339 [1],[2] 186,002 [1],[2]
Income tax provision 7,839 9,543 13,325 14,373
Income from continuing operations 89,890 122,530 158,014 171,629
(Loss) Income from discontinued operations before income taxes   (381) 1,278 620
Income tax benefit     (267)  
(Loss) Income from discontinued operations   (381) 1,545 620
(Loss) Gain on disposal of discontinued operations (net of income tax of $0, $0, $4,578, $0, respectively) (832)   24,371  
Net income $ 89,058 $ 122,149 $ 183,930 $ 172,249
Income per common share from continuing operations:        
Basic $ 0.48 $ 0.68 $ 0.85 $ 0.97
Diluted $ 0.39 $ 0.55 $ 0.68 $ 0.79
Net income per common share:        
Basic $ 0.48 $ 0.68 $ 0.99 $ 0.97
Diluted $ 0.39 $ 0.55 $ 0.80 $ 0.79
Weighted average common share-basic 185,367 179,990 185,044 178,429
Weighted average common share-diluted 230,452 231,541 231,266 228,909
[1] Included in the income (loss) from continuing operations before income taxes for each of the segments are charges for the three months and six months ended July 3, 2011 and July 4, 2010 that include restructuring and other, net, and provision for excess and obsolete inventory, as follows:
[2] Interest income and interest expense and other are included in Corporate and Eliminations.