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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Revenues:    
Total revenues $ 685,680 $ 599,819
Cost of revenues:    
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below) 270,344 260,537
Gross profit 415,336 339,282
Operating expenses:    
Selling and administrative 157,257 149,188
Engineering and development 118,188 103,199
Acquired intangible assets amortization 4,573 4,697
Restructuring and other 14,515 4,427
Total operating expenses 294,533 261,511
Income from operations 120,803 77,771
Non-operating (income) expense:    
Interest income (5,076) (7,867)
Interest expense 795 661
Other (income) expense, net 6,060 12,075
Income before income taxes and equity in net earnings of affiliate 119,024 72,902
Income tax provision 14,544 8,705
Income before equity in net earnings of affiliate 104,480 64,197
Equity in net earnings of affiliate (5,584) 0
Net income $ 98,896 $ 64,197
Net income per common share:    
Basic $ 0.61 $ 0.42
Diluted $ 0.61 $ 0.4
Weighted average common shares—basic 161,501 153,047
Weighted average common shares—diluted 161,996 162,348
Product [Member]    
Revenues:    
Total revenues $ 561,958 $ 458,433
Cost of revenues:    
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below) 224,142 200,763
Service [Member]    
Revenues:    
Total revenues 123,722 141,386
Cost of revenues:    
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below) $ 46,202 $ 59,774