v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 28, 2025
Cash flows from operating activities:    
Net income $ 93,852 $ 98,006
Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities:    
Amortization of intangibles 39,399 16,891
Accretion (Amortization) of Discounts and Premiums, Investments (1,199) (3,030)
Depreciation 11,611 10,237
Share-based compensation 17,026 13,492
Provision for inventory valuation 2,689 18,060
Deferred income taxes 1,257 (7,272)
Other, net 382 (4,733)
Changes in operating assets and liabilities, net of effects of business acquired 76,424 1,194
Net cash and cash equivalents provided by operating activities 87,829 149,923
Cash flows from investing activities:    
Purchases of marketable securities (652,144) (419,312)
Proceeds from maturities and sales of marketable securities 316,622 384,554
Purchases of property, plant and equipment (7,242) (22,005)
PaymentsToAquireNonMarketableSecurities (8,000)
Payments to Acquire Businesses, Net of Cash Acquired, Total (57)
Net cash and cash equivalents used in investing activities (342,764) (64,820)
Cash flows from financing activities:    
Purchases and retirement of common stock (204,979) (75,015)
Tax payments related to shares withheld for share-based compensation plans (15,062) (12,390)
Payment for Contingent Consideration Liability, Financing Activities 3,750
Proceeds from Convertible Debt 1,469,779
Payments for Derivative Instrument, Financing Activities (88,950)
Issuance of shares through share-based compensation plans 5,927 4,179
Net cash and cash equivalents used in financing activities 1,162,965 (83,226)
Effect of exchange rate changes on cash and cash equivalents (944) 2,648
Net increase (decrease) in cash and cash equivalents 907,086 4,525
Cash and cash equivalents at beginning of period   212,945
Cash and cash equivalents at end of period 1,253,205 217,470
Supplemental disclosure of cash flow information:    
Income taxes paid (net of refunds) 5,117 32,641
Supplemental noncash disclosure of cash flow information    
Unpaid excise tax on repurchases of common stock $ 2,050
Debt Issuance Costs Incurred During Noncash or Partial Noncash Transaction