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Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2022
Jul. 04, 2021
Jul. 03, 2022
Jul. 04, 2021
Revenue from Contract with Customer, Excluding Assessed Tax $ 1,229,569 $ 1,228,471 $ 2,489,011 $ 2,536,160
Cost of Goods and Services Sold 563,406 543,277 1,143,617 1,065,820
Selling, general and administrative expenses 330,025 281,819 664,418 533,229
Research and development expenses 73,352 65,824 149,961 126,040
Restructuring and other costs, net 11,928 5,063 25,312 10,807
Operating income from continuing operations 250,858 332,488 505,703 800,264
Interest And Other Expense Net 26,386 6,431 63,631 (6,275)
Income from continuing operations before income taxes 224,472 326,057 442,072 806,539
Provision for income taxes 45,220 80,089 85,817 181,228
Income from continuing operations 179,252 245,968 356,255 625,311
Loss on disposition of discontinued operations before income taxes 0 0 0 0
Provision for income taxes on discontinued operations and dispositions 40 38 81 76
Loss from discontinued operations and dispositions (40) (38) (81) (76)
Net income $ 179,212 $ 245,930 $ 356,174 $ 625,235
Basic earnings (loss) per share:        
Income (loss) from continuing operations (per share) $ 1.42 $ 2.20 $ 2.82 $ 5.58
Gain (loss) on discontinued operations and dispositions (per share) (0.00) (0.00) (0.00) (0.00)
Net income (per share) 1.42 2.20 2.82 5.58
Diluted earnings (loss) per share:        
Income (loss) from continuing operations (per share) 1.42 2.19 2.81 5.56
Gain (loss) on discontinued operations and dispositions (per share) (0.00) (0.00) (0.00) (0.00)
Net income (per share) $ 1.42 $ 2.19 $ 2.81 $ 5.56
Weighted average shares of common stock outstanding:        
Basic (in shares) 126,126 111,973 126,132 112,000
Diluted (in shares) 126,509 112,417 126,581 112,456
Cash dividends per common share $ 0.07 $ 0.07 $ 0.14 $ 0.14
Product [Member]        
Revenue from Contract with Customer, Excluding Assessed Tax $ 816,064 $ 767,759 $ 1,683,009 $ 1,579,311
Cost of Goods and Services Sold 403,607 365,823 807,258 705,135
Service [Member]        
Revenue from Contract with Customer, Excluding Assessed Tax 413,505 460,712 806,002 956,849
Cost of Goods and Services Sold $ 159,799 $ 177,454 $ 336,359 $ 360,685