v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 29, 2025
Cash flows from operating activities:    
Net income $ 33,750 $ 64,095
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of intangibles 19,700 8,445
Accretion (Amortization) of Discounts and Premiums, Investments 234 1,537
Depreciation 5,784 4,395
Share-based compensation 7,011 6,814
Provision for inventory valuation 1,191 1,534
Deferred income taxes 14 (3,774)
Other, net 679 1,171
Changes in operating assets and liabilities, net of effects of business acquired (41,573) 10,837
Net cash and cash equivalents provided by operating activities 26,322 91,980
Cash flows from investing activities:    
Purchases of marketable securities (179,508) (208,526)
Proceeds from maturities and sales of marketable securities 70,487 203,012
Purchases of property, plant and equipment (3,585) (8,233)
PaymentsToAquireNonMarketableSecurities 0 8,000
Payments to Acquire Businesses, Net of Cash Acquired, Total 0 57
Net cash and cash equivalents used in investing activities (112,606) (21,804)
Cash flows from financing activities:    
Purchases and retirement of common stock 0 (75,015)
Tax payments related to shares withheld for share-based compensation plans (6,701) (8,684)
Issuance of shares through share-based compensation plans 0 4,179
Net cash and cash equivalents used in financing activities (6,701) (79,520)
Effect of exchange rate changes on cash and cash equivalents (887) 126
Net increase (decrease) in cash and cash equivalents (93,872) (9,218)
Cash and cash equivalents at beginning of period 346,119 212,945
Cash and cash equivalents at end of period 252,247 203,727
Supplemental disclosure of cash flow information:    
Income taxes paid (net of refunds) $ 1,569 $ 770