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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 27, 2020
Sep. 29, 2019
Sep. 27, 2020
Sep. 29, 2019
Income Statement [Abstract]        
Net revenues $ 628,301 $ 648,319 $ 1,825,977 $ 1,914,410
Cost of goods sold 298,977 293,244 884,657 883,127
Gross profit 329,324 355,075 941,320 1,031,283
Selling, general and administrative expenses 171,673 209,291 510,662 631,712
Research and development expenses 29,218 27,984 85,978 82,729
Restructuring and impairment (credits) charges (3,659) 1,268 16,692 20,348
Gain on sale of assets 0 (1,089) 0 (3,828)
Income from continuing operations before interest and taxes 132,092 117,621 327,988 300,322
Interest expense 16,652 19,545 47,773 62,995
Interest income (214) (470) (956) (1,281)
Income from continuing operations before taxes 115,654 98,546 281,171 238,608
(Benefit) taxes on income from continuing operations (951) (130,383) 21,971 (115,567)
Income from continuing operations 116,605 228,929 259,200 354,175
Operating loss from discontinued operations (29) (9) (11) (1,291)
Tax benefit on operating loss from discontinued operations (11) (9) (4) (317)
Loss from discontinued operations (18) 0 (7) (974)
Net income $ 116,587 $ 228,929 $ 259,193 $ 353,201
Basic:        
Income from continuing operations (in dollars per share) $ 2.51 $ 4.95 $ 5.58 $ 7.67
Income (loss) from discontinued operations (in dollars per share) 0 0 0 (0.02)
Net income (in dollars per share) 2.51 4.95 5.58 7.65
Diluted:        
Income from continuing operations (in dollars per share) 2.46 4.85 5.48 7.53
Loss from discontinued operations (in dollars per share) 0 0 0 (0.02)
Net income (in dollars per share) $ 2.46 $ 4.85 $ 5.48 $ 7.51
Weighted average common shares outstanding        
Basic (in shares) 46,530 46,248 46,451 46,156
Diluted (in shares) 47,333 47,176 47,269 47,051