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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2025
Jun. 30, 2024
Jun. 29, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Net revenues $ 780,889 $ 749,691 $ 1,481,558 $ 1,487,540
Cost of goods sold 349,804 333,233 661,034 654,948
Gross profit 431,085 416,458 820,524 832,592
Selling, general and administrative expenses 215,081 250,631 437,791 493,461
Research and development expenses 38,521 41,094 74,925 78,393
Pension settlement charge 0 0 0 138,139
Restructuring charges, separation costs and impairment charges 22,172 7,855 26,927 10,514
Income from continuing operations before interest and taxes 155,311 116,878 280,881 112,085
Interest expense 21,708 21,168 40,252 43,851
Interest income (1,643) (1,787) (3,560) (3,453)
Income from continuing operations before taxes 135,246 97,497 244,189 71,687
Taxes (benefit) on income from continuing operations 12,662 17,332 26,501 (24,219)
Income from continuing operations 122,584 80,165 217,688 95,906
Operating loss from discontinued operations (4) (164) (137) (751)
Tax benefit on operating loss from discontinued operations 0 (37) (31) (172)
Loss from discontinued operations (4) (127) (106) (579)
Net income $ 122,580 $ 80,038 $ 217,582 $ 95,327
Basic:        
Income from continuing operations (in dollars per share) $ 2.77 $ 1.70 $ 4.84 $ 2.03
Income (loss) from discontinued operations (in dollars per share) 0 0 (0.01) (0.01)
Net income (in dollars per share) 2.77 1.70 4.83 2.02
Diluted:        
Income from continuing operations (in dollars per share) 2.77 1.69 4.82 2.02
Loss from discontinued operations (in dollars per share) 0 0 0 (0.01)
Net income (in dollars per share) $ 2.77 $ 1.69 $ 4.82 $ 2.01
Weighted average common shares outstanding        
Basic (in shares) 44,269 47,151 45,017 47,130
Diluted (in shares) 44,332 47,361 45,120 47,378