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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Net Sales $ 579,493 $ 480,987 $ 1,663,689 $ 1,341,719
Cost of sales 315,289 254,987 899,115 722,869
Gross profit 264,204 226,000 764,574 618,850
Selling, general and administrative expenses 71,032 71,195 215,042 196,958
Engineering, research and development expenses 41,972 36,295 121,692 98,499
Amortization of intangible assets 11,843 11,749 35,616 41,176
Operating income 139,357 106,761 392,224 282,217
Interest expense 9,395 12,781 31,744 36,345
Interest income (56) (130) (181) (664)
Other expense (income), net 1,917 (1,752) 29,807 (1,351)
Income before income tax expense 128,101 95,862 330,854 247,887
Income tax expense 10,640 16,559 39,947 39,542
Net income $ 117,461 $ 79,303 $ 290,907 $ 208,345
Basic earnings per common share $ 0.87 $ 0.59 $ 2.15 $ 1.55
Diluted earnings per common share $ 0.86 $ 0.58 $ 2.13 $ 1.53
Weighted shares outstanding:        
Basic 135,583 134,957 135,383 134,801
Diluted 136,631 136,252 136,556 136,209