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CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2022
Jun. 26, 2021
Jul. 02, 2022
Jun. 26, 2021
Income Statement [Abstract]        
Net sales $ 618,436 $ 523,488 $ 1,241,766 $ 987,282
Cost of sales 355,465 326,092 720,199 629,420
Gross profit 262,971 197,396 521,567 357,862
Selling, general, and administrative expenses 93,093 73,315 168,601 131,603
Research and development expenses 23,488 16,394 43,044 31,133
Amortization of intangibles 11,592 10,641 24,316 21,162
Restructuring, impairment, and other charges 634 789 852 1,226
Total operating expenses 128,807 101,139 236,813 185,124
Operating income 134,164 96,257 284,754 172,738
Interest expense 4,368 4,626 8,670 9,299
Foreign exchange loss (gain) 14,124 (1,676) 21,860 5,161
Other expense (income), net 6,060 (1,890) 10,487 (9,627)
Income before income taxes 109,612 95,197 243,737 167,905
Income taxes 22,596 13,102 39,203 28,097
Net income $ 87,016 $ 82,095 $ 204,534 $ 139,808
Earnings per share:        
Basic (in dollars per share) $ 3.52 $ 3.34 $ 8.28 $ 5.69
Diluted (in dollars per share) $ 3.48 $ 3.30 $ 8.19 $ 5.62
Weighted-average shares and equivalent shares outstanding:        
Basic (in shares) 24,734 24,592 24,712 24,562
Diluted (in shares) 24,985 24,900 24,986 24,894