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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2020
Jun. 30, 2019
Jun. 28, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net revenues $ 567,034 $ 652,507 $ 1,197,676 $ 1,266,091
Cost of goods sold 288,662 300,269 585,680 589,883
Gross profit 278,372 352,238 611,996 676,208
Selling, general and administrative expenses 191,193 215,500 338,989 422,421
Research and development expenses 29,364 27,595 56,760 54,745
Restructuring and impairment charges 19,005 1,685 20,351 19,080
Gain on sale of assets 0 0 0 (2,739)
Income from continuing operations before interest and taxes 38,810 107,458 195,896 182,701
Interest expense 15,682 20,758 31,121 43,450
Interest income (163) (472) (742) (811)
Income from continuing operations before taxes 23,291 87,172 165,517 140,062
Taxes on income from continuing operations 11,848 3,844 22,922 14,816
Income from continuing operations 11,443 83,328 142,595 125,246
Operating income (loss) from discontinued operations 22 61 18 (1,282)
Tax benefit (expense) on operating loss from discontinued operations 9 14 7 (308)
Income (loss) from discontinued operations 13 47 11 (974)
Net income $ 11,456 $ 83,375 $ 142,606 $ 124,272
Basic:        
Income from continuing operations (in dollars per share) $ 0.25 $ 1.80 $ 3.07 $ 2.72
Income (loss) from discontinued operations (in dollars per share) 0 0.01 0 (0.02)
Net income (in dollars per share) 0.25 1.81 3.07 2.70
Diluted:        
Income from continuing operations (in dollars per share) 0.24 1.77 3.02 2.67
Loss from discontinued operations (in dollars per share) 0 0 0 (0.03)
Net income (in dollars per share) $ 0.24 $ 1.77 $ 3.02 $ 2.64
Weighted average common shares outstanding        
Basic (in shares) 46,442 46,172 46,412 46,111
Diluted (in shares) 47,242 47,036 47,237 46,989