XML 17 R2.htm IDEA: XBRL DOCUMENT v3.24.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 1,586,022 $ 1,277,531 $ 4,474,342 $ 3,745,751
Cost of goods sold 634,423 548,962 1,857,712 1,604,945
Gross profit 951,599 728,569 2,616,630 2,140,806
Research and development expense 249,162 221,572 734,848 667,451
Selling, general and administrative expenses 264,962 236,628 803,869 721,649
Total operating expense 514,124 458,200 1,538,717 1,389,100
Operating income 437,475 270,369 1,077,913 751,706
Other income (expense):        
Interest income 28,830 19,803 83,143 54,461
Foreign currency gains (losses) 18,131 (11,539) 15,584 6,946
Other income 1,814 938 2,623 4,206
Total other income (expense) 48,775 9,202 101,350 65,613
Income before income taxes 486,250 279,571 1,179,263 817,319
Income tax provision 87,139 22,328 203,560 69,810
Net income $ 399,111 $ 257,243 $ 975,703 $ 747,509
Net income per share:        
Basic $ 2.08 $ 1.34 $ 5.08 $ 3.91
Diluted $ 2.07 $ 1.34 $ 5.06 $ 3.9
Weighted average common shares outstanding:        
Basic 192,201 191,435 192,055 191,409
Diluted 193,171 191,868 192,940 191,772