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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2024
Oct. 01, 2023
Sep. 29, 2024
Oct. 01, 2023
Income Statement [Abstract]        
Net revenues $ 764,375 $ 746,389 $ 2,251,915 $ 2,200,580
Cost of goods sold 334,203 330,078 989,151 985,066
Gross profit 430,172 416,311 1,262,764 1,215,514
Selling, general and administrative expenses 247,257 213,194 740,718 669,216
Research and development expenses 38,726 37,576 117,119 118,493
Pension settlement charge (5,407) 0 132,732 0
Restructuring and impairment charges 285 231 10,799 3,960
Income from continuing operations before interest and taxes 149,311 165,310 261,396 423,845
Interest expense 21,058 23,192 64,909 59,291
Interest income (2,298) (7,487) (5,751) (9,486)
Income from continuing operations before taxes 130,551 149,605 202,238 374,040
Taxes (benefit) on income from continuing operations 19,633 11,935 (4,586) 47,651
Income from continuing operations 110,918 137,670 206,824 326,389
Operating income (loss) from discontinued operations 112 (687) (639) (1,512)
Taxes (benefit) on operating loss from discontinued operations 26 (157) (146) (346)
Income (loss) from discontinued operations 86 (530) (493) (1,166)
Net income $ 111,004 $ 137,140 $ 206,331 $ 325,223
Basic:        
Income from continuing operations (in dollars per share) $ 2.37 $ 2.93 $ 4.40 $ 6.95
Loss from discontinued operations (in dollars per share) 0.01 (0.01) (0.01) (0.03)
Net income (in dollars per share) 2.38 2.92 4.39 6.92
Diluted:        
Income from continuing operations (in dollars per share) 2.36 2.91 4.38 6.90
Loss from discontinued operations (in dollars per share) 0 (0.01) (0.01) (0.02)
Net income (in dollars per share) $ 2.36 $ 2.90 $ 4.37 $ 6.88
Weighted average common shares outstanding        
Basic (in shares) 46,724 46,992 46,995 46,974
Diluted (in shares) 47,012 47,299 47,256 47,304