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Condensed 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
Net Sales $ 993,828 $ 579,493 $ 2,335,963 $ 1,663,689
Cost of sales 622,157 315,289 1,344,075 899,115
Gross profit 371,671 264,204 991,888 764,574
Selling, general and administrative expenses 226,446 71,032 404,239 215,042
Engineering, research and development expenses 64,990 41,972 160,953 121,692
Amortization of intangible assets 65,346 11,843 90,491 35,616
Operating income 14,889 139,357 336,205 392,224
Interest expense 84,150 9,395 129,027 31,744
Interest income (1,395) (56) (2,065) (181)
Other expense, net 12,852 1,917 27,373 29,807
(Loss) income before income tax expense (80,718) 128,101 181,870 330,854
Income tax (benefit) expense (7,015) 10,640 30,377 39,947
Net (loss) income $ (73,703) $ 117,461 $ 151,493 $ 290,907
Basic (loss) earnings per common share $ (0.50) $ 0.87 $ 1.08 $ 2.15
Diluted (loss) earnings per common share $ (0.50) $ 0.86 $ 1.08 $ 2.13
Weighted shares outstanding:        
Basic 148,570 135,583 140,045 135,383
Diluted 148,570 136,631 140,892 136,556