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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 03, 2026
Jun. 27, 2025
Cash Flows from Operating Activities:    
Net income $ 270,377 $ 290,998
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense from property, plant and equipment and financing leases 103,334 96,413
Amortization of intangible assets and deferred proceeds, net 11,719 11,725
Fair value adjustment of acquisition related contingent consideration 78,114 55,118
Deferred income taxes (7,119) (15,985)
Loss (gain) on sale of property, plant and equipment 3,702 (1,856)
Amortization of debt costs 2,443 1,663
Change in current assets less current liabilities (39,707) (17,821)
Change in other noncurrent assets 704 4,048
Change in other noncurrent liabilities (2,920) (18,082)
Total adjustments 150,270 115,223
Net cash provided by operating activities 420,647 406,221
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (147,354) (157,383)
Investment in equity method investees (9,927) (10,594)
Proceeds from the sale of property, plant and equipment 334 6,277
Proceeds from the disposal of short-term investments 0 224,485
Purchases of short-term investments 0 (270,144)
Net cash used in investing activities (156,947) (207,359)
Cash Flows from Financing Activities:    
Payments on term loan facility (275,000) 0
Payments of acquisition related contingent consideration (37,126) (35,209)
Cash dividends paid (33,282) (43,589)
Payments related to share repurchases (27,972) (34,410)
Debt issuance fees (276) (233)
Payments on financing lease obligations (275) (1,320)
Net cash used in financing activities (373,931) (114,761)
Net (decrease) increase in cash and cash equivalents during period (110,231) 84,101
Cash and cash equivalents at beginning of period 281,918 1,135,824
Cash and cash equivalents at end of period 171,687 1,219,925
Significant non-cash investing and financing activities:    
Additions to property, plant and equipment accrued and recorded in accounts payable, trade 27,359 34,789
Right-of-use assets obtained in exchange for operating lease obligations $ 837 $ 6,197