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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Oct. 01, 2022
Jul. 02, 2022
Apr. 02, 2022
Jan. 01, 2022
Oct. 02, 2021
Jul. 03, 2021
Apr. 03, 2021
Jan. 02, 2021
Apr. 02, 2022
Apr. 03, 2021
Jul. 02, 2022
Jul. 03, 2021
Oct. 01, 2022
Oct. 02, 2021
Oct. 03, 2020
CONSOLIDATED STATEMENTS OF INCOME                              
Net sales $ 2,224,865 $ 2,023,361 $ 1,915,070 $ 1,756,326 $ 1,650,609 $ 1,653,266 $ 1,678,497 $ 1,755,984 $ 3,671,396   $ 5,694,757   $ 7,919,622 $ 6,738,356 $ 6,950,208
Cost of sales   1,861,176 1,768,575 1,615,029         3,383,604   5,244,780   7,297,416 6,211,915 6,433,044
Gross profit 172,229 162,185 146,495 141,297 130,039 135,066 120,985 140,351 287,792   449,977   622,206 526,441 517,164
Operating expenses:                              
Selling, general and administrative   61,506 61,817 61,475         123,292   184,798   244,569 234,537 240,931
Research and development   5,071 5,472 4,777         10,249   15,320   21,343 20,911 22,564
Restructuring and other   3,994 2,932 1,414         4,346   8,340   11,425 15,057 27,916
Goodwill impairment                             6,609
Gain on sale of long-lived assets       (4,610)         (4,610)   (4,610)   (4,610)    
Total operating expenses   70,571 70,221 63,056         133,277   203,848   272,727 270,505 298,020
Operating income 103,350 91,614 76,274 78,241 65,910 72,741 42,610 74,675 154,515   246,129   349,479 255,936 219,144
Interest income   540 349 309         658   1,198   1,628 925 2,322
Interest expense   (5,615) (4,870) (4,877)         (9,747)   (15,362)   (22,473) (19,551) (28,903)
Other income (expense), net   (7,774) (1,408) 2,072         664   (7,110)   (26,314) 44,331 (348)
Interest and other, net   (12,849) (5,929) (2,496)         (8,425)   (21,274)   (47,159) 25,705 (26,929)
Income before income taxes   78,765 70,345 75,745         146,090   224,855   302,320 281,641 192,215
Provision for income taxes   1,543 21,724 19,568         41,292   42,835   61,936 32,095 59,046
Net income $ 58,364 $ 77,222 $ 48,621 $ 56,177 $ 55,925 $ 116,195 $ 27,868 $ 49,558 $ 104,798 $ 77,426 $ 182,020 $ 193,621 $ 240,384 $ 249,546 $ 133,169
Net income per share:                              
Basic $ 1.01 $ 1.29 $ 0.77 $ 0.87 $ 0.86 $ 1.78 $ 0.43 $ 0.76 $ 1.65   $ 2.92   $ 3.92 $ 3.82 $ 1.93
Diluted $ 0.98 $ 1.25 $ 0.76 $ 0.85 $ 0.83 $ 1.73 $ 0.42 $ 0.74 $ 1.60   $ 2.83   $ 3.81 $ 3.72 $ 1.88
Weighted-average shares used in computing per share amounts:                              
Basic                         61,310 65,318 69,041
Diluted                         63,117 67,084 70,793