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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jul. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Net Sales $ 692,489 $ 571,352 $ 1,342,135 $ 1,084,196
Cost of sales 382,092 305,968 721,918 583,826
Gross profit 310,397 265,384 620,217 500,370
Selling, general and administrative expenses 90,685 72,621 177,793 144,010
Engineering, research and development expenses 49,248 41,972 95,963 79,720
Amortization of intangible assets 12,494 11,902 25,145 23,773
Operating income 157,970 138,889 321,316 252,867
Interest expense 32,001 10,697 44,877 22,349
Interest income (658) (54) (670) (125)
Other expense, net 9,619 23,560 14,521 27,890
Income before income tax expense 117,008 104,686 262,588 202,753
Income tax expense 17,517 15,916 37,392 29,307
Net income $ 99,491 $ 88,770 $ 225,196 $ 173,446
Basic earnings per common share $ 0.73 $ 0.66 $ 1.66 $ 1.28
Diluted earnings per common share $ 0.73 $ 0.65 $ 1.65 $ 1.27
Weighted shares outstanding:        
Basic 135,895 135,498 135,783 135,283
Diluted 136,454 136,533 136,503 136,518