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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2023
Sep. 30, 2022
Sep. 29, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net Sales $ 539,672 $ 545,644 $ 1,628,962 $ 1,588,476
Cost of products sold 255,148 284,556 767,883 803,853
Gross Profit 284,524 261,088 861,079 784,623
Product development 19,817 19,704 61,582 58,749
Selling, marketing and distribution 60,495 61,386 194,258 186,457
General and administrative 41,823 36,849 129,130 119,225
Contingent consideration (8,600) 0 (8,600) 0
Impairment 7,800 0 7,800 0
Operating Earnings 163,189 143,149 476,909 420,192
Interest expense 1,391 1,542 4,536 8,555
Other (income) expense, net (2,483) (866) (8,877) (106)
Earnings Before Income Taxes 164,281 142,473 481,250 411,743
Income taxes 31,158 26,241 84,693 77,290
Net Earnings $ 133,123 $ 116,232 $ 396,557 $ 334,453
Basic earnings per share $ 0.79 $ 0.69 $ 2.35 $ 1.97
Diluted earnings per share $ 0.77 $ 0.67 $ 2.30 $ 1.93