v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2026
Jun. 28, 2025
Jun. 27, 2026
Jun. 28, 2025
Income Statement [Abstract]        
Net sales $ 738,781 $ 613,413 $ 1,395,750 $ 1,167,720
Cost of sales 432,717 381,359 835,537 728,410
Gross profit 306,064 232,054 560,213 439,310
Selling, general, and administrative expenses 120,578 95,517 219,903 183,225
Research and development expenses 31,037 26,401 60,774 52,449
Amortization of intangibles 14,704 14,852 31,204 29,183
Restructuring, impairment, and other charges 20,021 2,506 27,443 11,525
Total operating expenses 186,340 139,276 339,324 276,382
Operating income 119,724 92,778 220,889 162,928
Interest expense 5,739 8,568 12,716 17,443
Foreign exchange (gain) loss (160) 10,448 (2,573) 15,291
Other income, net (2,919) (4,452) (3,049) (7,967)
Income before income taxes 117,064 78,214 213,795 138,161
Income taxes 27,659 20,872 49,243 37,248
Net income $ 89,405 $ 57,342 $ 164,552 $ 100,913
Earnings per share:        
Basic (in dollars per share) $ 3.53 $ 2.32 $ 6.53 $ 4.08
Diluted (in dollars per share) $ 3.49 $ 2.30 $ 6.44 $ 4.05
Weighted-average shares and equivalent shares outstanding:        
Basic (in shares) 25,305 24,755 25,190 24,760
Diluted (in shares) 25,620 24,905 25,534 24,938