v3.25.3
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Revenues:        
Total net sales $ 799,887 $ 740,305 $ 2,232,924 $ 2,085,673
Costs and operating expenses:        
Selling and administrative expenses 214,229 169,097 590,367 516,880
Research and development expenses 53,643 45,336 148,813 136,113
Purchased intangibles amortization 12,095 11,759 35,714 35,337
Litigation provision 0 1,326 0 11,568
Total costs and operating expenses 607,773 529,173 1,700,852 1,551,583
Operating income 192,114 211,132 532,072 534,090
Other expense, net (70) (338) 778 1,619
Interest expense (26,637) (21,435) (55,261) (70,681)
Interest income 4,712 4,258 13,108 12,857
Income before income taxes 170,119 193,617 490,697 477,885
Provision for income taxes 21,196 32,114 73,282 71,449
Net income $ 148,923 $ 161,503 $ 417,415 $ 406,436
Net income per basic common share $ 2.5 $ 2.72 $ 7.02 $ 6.85
Weighted-average number of basic common shares 59,528 59,367 59,496 59,314
Net income per diluted common share $ 2.5 $ 2.71 $ 7 $ 6.83
Weighted-average number of diluted common shares and equivalents 59,622 59,504 59,656 59,471
Product [Member]        
Revenues:        
Total net sales $ 499,964 $ 462,011 $ 1,373,894 $ 1,273,306
Costs and operating expenses:        
Costs and operating expenses 210,634 193,378 579,686 522,396
Service [Member]        
Revenues:        
Total net sales 299,923 278,294 859,030 812,367
Costs and operating expenses:        
Costs and operating expenses $ 117,172 $ 108,277 $ 346,272 $ 329,289