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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Revenues:        
Total net sales $ 740,576 $ 714,319 $ 1,425,250 $ 1,404,891
Costs and operating expenses:        
Selling and administrative expenses 186,953 161,877 368,909 319,352
Research and development expenses 45,873 44,006 88,564 84,478
Purchased intangibles amortization 6,815 1,598 8,294 3,271
Acquired in-process research and development     0 9,797
Total costs and operating expenses 540,717 514,687 1,051,223 1,009,789
Operating income 199,859 199,632 374,027 395,102
Other (expense) income, net (352) 1,535 1,036 1,705
Interest expense (23,272) (11,419) (37,716) (22,478)
Interest income 4,040 2,526 8,101 4,640
Income before income taxes 180,275 192,274 345,448 378,969
Provision for income taxes 29,721 27,410 53,971 54,274
Net income $ 150,554 $ 164,864 $ 291,477 $ 324,695
Net income per basic common share $ 2.56 $ 2.74 $ 4.97 $ 5.38
Weighted-average number of basic common shares 58,857 60,206 58,703 60,399
Net income per diluted common share $ 2.55 $ 2.72 $ 4.95 $ 5.35
Weighted-average number of diluted common shares and equivalents 59,010 60,510 58,909 60,744
Product [Member]        
Revenues:        
Total net sales $ 477,926 $ 469,630 $ 914,383 $ 920,470
Costs and operating expenses:        
Costs and operating expenses 194,354 202,356 374,708 393,966
Service [Member]        
Revenues:        
Total net sales 262,650 244,689 510,867 484,421
Costs and operating expenses:        
Costs and operating expenses $ 106,722 $ 104,850 $ 210,748 $ 198,925