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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Revenues:        
Total net sales $ 708,529 $ 740,576 $ 1,345,368 $ 1,425,250
Costs and operating expenses:        
Selling and administrative expenses 173,247 186,953 347,783 368,909
Research and development expenses 46,182 45,873 90,777 88,564
Purchased intangibles amortization 11,744 6,815 23,578 8,294
Litigation provision     10,242 0
Total costs and operating expenses 519,417 540,717 1,022,410 1,051,223
Operating income 189,112 199,859 322,958 374,027
Other income (expense), net (302) (352) 1,957 1,036
Interest expense (23,726) (23,272) (49,246) (37,716)
Interest income 4,328 4,040 8,599 8,101
Income before income taxes 169,412 180,275 284,268 345,448
Provision for income taxes 26,675 29,721 39,335 53,971
Net income $ 142,737 $ 150,554 $ 244,933 $ 291,477
Net income per basic common share $ 2.41 $ 2.56 $ 4.13 $ 4.97
Weighted-average number of basic common shares 59,339 58,857 59,287 58,703
Net income per diluted common share $ 2.4 $ 2.55 $ 4.12 $ 4.95
Weighted-average number of diluted common shares and equivalents 59,451 59,010 59,445 58,909
Product [Member]        
Revenues:        
Total net sales $ 435,144 $ 477,926 $ 811,295 $ 914,383
Costs and operating expenses:        
Costs and operating expenses 175,836 194,354 329,018 374,708
Service [Member]        
Revenues:        
Total net sales 273,385 262,650 534,073 510,867
Costs and operating expenses:        
Costs and operating expenses $ 112,408 $ 106,722 $ 221,012 $ 210,748