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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2023
Jul. 03, 2022
Jul. 02, 2023
Jul. 03, 2022
Net income $ 120,050 $ 197,787 $ 203,581 $ 359,715
Other comprehensive income, net of tax:        
Foreign currency translation adjustment, net of tax of $0, $0, $0, $0, respectively 2,943 (29,230) 12,250 (37,307)
Available-for-sale marketable securities:        
Unrealized (losses) gains on marketable securities arising during period, net of tax of $(180), $(1,240), $323, and $(2,573), respectively (568) (4,522) 1,726 (9,910)
Less: Reclassification adjustment for losses included in net income, net of tax of $8, $77, $10, $59, respectively 28 274 33 209
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax, Total (540) (4,248) 1,759 (9,701)
Cash flow hedges:        
Unrealized gains arising during period, net tax of $920, $0, $1,088, $0 respectively 3,270 0 3,866 0
Less: Reclassification adjustment for losses included in net income, net of tax of $91, $0, $428, $0 respectively 323 0 1,524 0
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax, Parent 3,593 0 5,390 0
Defined benefit post-retirement plan:        
Amortization of prior service credit, net of tax of $0, $0, $(1), $(1), respectively (2) (2) (3) (3)
Other comprehensive income (loss) 5,994 (33,480) 19,396 (47,011)
Comprehensive income $ 126,044 $ 164,307 $ 222,977 $ 312,704