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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Revenues:        
Total net sales $ 740,305 $ 711,692 $ 2,085,673 $ 2,136,942
Costs and operating expenses:        
Selling and administrative expenses 169,097 186,748 516,880 555,657
Research and development expenses 45,336 41,995 136,113 130,559
Purchased intangibles amortization 11,759 12,116 35,337 20,410
Litigation provision 1,326 0 11,568 0
Total costs and operating expenses 529,173 532,266 1,551,583 1,583,489
Operating income 211,132 179,426 534,090 553,453
Other (expense) income, net (338) 328 1,619 1,364
Interest expense (21,435) (30,442) (70,681) (68,158)
Interest income 4,258 3,883 12,857 11,984
Income before income taxes 193,617 153,195 477,885 498,643
Provision for income taxes 32,114 18,643 71,449 72,614
Net income $ 161,503 $ 134,552 $ 406,436 $ 426,029
Net income per basic common share $ 2.72 $ 2.28 $ 6.85 $ 7.21
Weighted-average number of basic common shares 59,367 59,093 59,314 59,061
Net income per diluted common share $ 2.71 $ 2.27 $ 6.83 $ 7.19
Weighted-average number of diluted common shares and equivalents 59,504 59,255 59,471 59,262
Product [Member]        
Revenues:        
Total net sales $ 462,011 $ 448,081 $ 1,273,306 $ 1,362,464
Costs and operating expenses:        
Costs and operating expenses 193,378 184,332 522,396 559,040
Service [Member]        
Revenues:        
Total net sales 278,294 263,611 812,367 774,478
Costs and operating expenses:        
Costs and operating expenses $ 108,277 $ 107,075 $ 329,289 $ 317,823