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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Jul. 04, 2015
Jun. 28, 2014
Net sales:        
Net sales of tangible products $ 761,935 $ 270,049 $ 1,517,257 $ 531,941
Revenue from services and software 127,839 18,372 265,701 44,748
Total Net sales 889,774 288,421 1,782,958 576,689
Cost of sales:        
Cost of sales of tangible products 407,012 136,962 792,382 267,411
Cost of services and software 89,884 9,290 188,176 19,171
Total Cost of sales 496,896 146,252 980,558 286,582
Gross profit 392,878 142,169 802,400 290,107
Operating expenses:        
Selling and marketing 125,120 35,755 247,226 71,171
Research and development 99,087 23,710 195,504 46,567
General and administrative 69,659 26,321 135,795 54,712
Amortization of intangible assets 63,700 2,667 131,289 5,339
Acquisition and integration costs 31,166 20,364 57,497 25,291
Exit and restructuring costs 17,949 287 29,118 554
Total Operating expenses 406,681 109,104 796,429 203,634
Operating (loss) income (13,803) 33,065 5,971 86,473
Other (expense) income:        
Investment income 1,575 379 1,378 800
Foreign exchange income (loss) 11,252 43 (15,939) (249)
Forward interest rate swaps (loss) gain (1,653) (2,433) 36 (2,433)
Interest expense (49,331) 0 (100,296) 0
Other, net (707) (57) (1,980) (49)
Total Other (expenses) (38,864) (2,068) (116,801) (1,931)
(Loss) income before income taxes (52,667) 30,997 (110,830) 84,542
Income tax expense (benefit) 23,591 3,440 (9,275) 15,379
Net (loss) income $ (76,258) $ 27,557 $ (101,555) $ 69,163
Basic (loss) earnings per share $ (1.50) $ 0.54 $ (2.00) $ 1.37
Diluted (loss) earnings per share $ (1.50) $ 0.54 $ (2.00) $ 1.35
Basic weighted average shares outstanding 50,917 50,606 50,798 50,509
Diluted weighted average and equivalent shares outstanding 50,917 51,278 50,798 51,129