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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 201,670 $ 121,159 $ 223,334
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:      
Depreciation 12,872 12,390 9,378
Amortization of intangibles 49,437 54,822 55,284
Share-based compensation 28,577 25,513 24,426
Research and Development Asset Acquired in Transaction Other than Business Combination or Joint Venture Formation, Writeoff 4,168 0 5,652
Provision for inventory valuation 19,187 10,015 9,313
Deferred income taxes (26,476) (22,429) (33,601)
Other, net 722 2,991 563
Change in operating assets and liabilities net of assets acquired and liabilities assumed in merger and acquisition:      
Accounts receivable (83,685) 12,151 (65,140)
Income taxes 3,109 1,798 5,006
Inventories 19,943 (16,462) (93,905)
Prepaid expenses and other assets 2,093 (14,013) (4,954)
Accounts payable 6,225 (4,681) 1,181
Accrued and other liabilities 7,834 11,281 11,304
Net cash and cash equivalents provided by operating activities 245,676 171,973 136,703
Cash flows from investing activities:      
Purchases of marketable securities (708,707) (480,458) (371,287)
Proceeds from maturities and sales of marketable securities 540,824 396,844 338,645
Purchases of property, plant and equipment (31,903) (22,573) (18,405)
Proceeds from sale of property, plant and equipment 0 2,800 0
Purchase of business, net of cash acquired (26,761) 0 (4,644)
Net cash and cash equivalents provided by (used in) investing activities (226,547) (103,387) (55,691)
Cash flows from financing activities:      
Purchases of common stock (25,069) (3,197) (65,257)
Tax payments related to shares withheld for share-based compensation plans (19,045) (10,762) (8,874)
Payment of contingent consideration for acquired business (737) (801) (2,287)
Issuance of shares through share-based compensation plans 9,178 5,285 8,068
Net cash and cash equivalents provided by (used in) financing activities (35,673) (9,475) (68,350)
Effect of exchange rate changes on cash and cash equivalents (4,019) (1,476) (6,391)
Net increase in cash and cash equivalents (20,563) 57,635 6,270
Cash and cash equivalents at beginning of year 233,508 175,872 169,602
Cash and cash equivalents at end of year 212,945 233,508 175,872
Supplemental disclosure of cash flow information:      
Income taxes paid (received), net $ 35,505 $ 34,104 $ 58,687