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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Net Sales $ 571,352 $ 448,405 $ 1,084,196 $ 860,732
Cost of sales 305,968 241,033 583,826 467,882
Gross profit 265,384 207,372 500,370 392,850
Selling, general and administrative expenses 72,621 66,872 144,010 125,763
Engineering, research and development expenses 41,972 32,572 79,720 62,204
Amortization of intangible assets 11,902 13,216 23,773 29,427
Operating income 138,889 94,712 252,867 175,456
Interest expense 10,697 13,005 22,349 23,564
Interest income (54) (213) (125) (534)
Other expense (income), net 23,560 (477) 27,890 401
Income before income tax expense 104,686 82,397 202,753 152,025
Income tax expense 15,916 14,361 29,307 22,983
Net income $ 88,770 $ 68,036 $ 173,446 $ 129,042
Basic earnings per common share $ 0.66 $ 0.51 $ 1.28 $ 0.96
Diluted earnings per common share $ 0.65 $ 0.50 $ 1.27 $ 0.95
Weighted shares outstanding:        
Basic 135,498 134,700 135,283 134,722
Diluted 136,533 136,007 136,518 136,188