XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Revenues:        
Total net sales $ 708,555 $ 659,233 $ 2,113,446 $ 1,949,425
Costs and operating expenses:        
Selling and administrative expenses 164,417 152,545 483,769 453,954
Research and development expenses 43,435 41,986 127,913 125,027
Purchased intangibles amortization 1,592 1,759 4,863 5,408
Acquired in-process research and development     9,797 0
Total costs and operating expenses 516,545 467,418 1,526,334 1,389,918
Operating income 192,010 191,815 587,112 559,507
Other income (expense), net 895 (607) 2,600 18,073
Interest expense (12,420) (11,081) (34,898) (34,054)
Interest income 2,896 2,548 7,536 10,347
Income before income taxes 183,381 182,675 562,350 553,873
Provision for income taxes 27,383 21,490 81,657 77,269
Net income $ 155,998 $ 161,185 $ 480,693 $ 476,604
Net income per basic common share $ 2.61 $ 2.63 $ 7.98 $ 7.72
Weighted-average number of basic common shares 59,801 61,359 60,200 61,771
Net income per diluted common share $ 2.6 $ 2.6 $ 7.94 $ 7.66
Weighted-average number of diluted common shares and equivalents 60,081 61,888 60,521 62,244
Product [Member]        
Revenues:        
Total net sales $ 464,923 $ 419,133 $ 1,385,393 $ 1,242,110
Costs and operating expenses:        
Costs and operating expenses 199,918 171,364 593,884 506,985
Service [Member]        
Revenues:        
Total net sales 243,632 240,100 728,053 707,315
Costs and operating expenses:        
Costs and operating expenses $ 107,183 $ 99,764 $ 306,108 $ 298,544