v3.26.1
Revenue (Notes) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 05, 2026
Jun. 29, 2025
Jul. 05, 2026
Jun. 29, 2025
Disaggregation of Revenue [Line Items]        
Revenue from Contract with Customer [Text Block]     Revenue
Disaggregation of revenue
Disaggregated revenue by primary geographical markets and major goods and service lines are as follows:
Reportable Segments
Three Months Ended
July 5, 2026June 29, 2025
Life SciencesDiagnosticsTotalLife SciencesDiagnosticsTotal
(In thousands)
Primary geographical markets
Americas$183,575 $142,008 $325,583 $197,071 $126,509 $323,580 
Europe89,478 139,563 229,041 84,298 119,334 203,632 
Asia85,646 89,418 175,064 84,529 108,543 193,072 
$358,699 $370,989 $729,688 $365,898 $354,386 $720,284 
Major goods/service lines
Life Sciences Solutions$301,028 $— $301,028 $298,052 $— $298,052 
Software57,671 — 57,671 67,846 — 67,846 
Immunodiagnostics— 214,758 214,758 — 218,818 218,818 
Reproductive Health— 156,231 156,231 — 135,568 135,568 
$358,699 $370,989 $729,688 $365,898 $354,386 $720,284 
Reportable Segments
Six Months Ended
July 5, 2026June 29, 2025
Life SciencesDiagnosticsTotalLife SciencesDiagnosticsTotal
(In thousands)
Primary geographical markets
Americas$369,126 $272,449 $641,575 $381,350 $246,859 $628,209 
Europe181,173 270,914 452,087 160,320 225,104 385,424 
Asia170,245 176,899 347,144 164,623 206,790 371,413 
$720,544 $720,262 $1,440,806 $706,293 $678,753 $1,385,046 
Major goods/service lines
Life Sciences Solutions$601,024 $— $601,024 $584,505 $— $584,505 
Software119,520 — 119,520 121,788 — 121,788 
Immunodiagnostics— 416,589 416,589 — 416,380 416,380 
Reproductive Health— 303,673 303,673 — 262,373 262,373 
$720,544 $720,262 $1,440,806 $706,293 $678,753 $1,385,046 
Contract Balances
Unbilled receivable and Contract assets: The timing of revenue recognition may differ from the timing of customer billing. When revenue is recognized prior to billing and the right to the amount due from customers is conditioned only on the passage of time, the Company records an unbilled receivable on its consolidated balance sheets. Unbilled receivables totaled $100.4 million at July 5, 2026, of which $68.2 million was included in Accounts receivable, net and $32.2 million was included in Other assets, net in the condensed consolidated balance sheet. Unbilled receivables totaled $105.6 million at December 28, 2025, of which $72.4 million was included in Accounts receivable, net and $33.2 million was included in Other assets, net in the condensed consolidated balance sheet. Unbilled receivables primarily related to software revenue. The Company had no material contract assets as of July 5, 2026 and December 28, 2025.
Deferred revenue and Customer deposits: Deferred revenue is recorded when revenue is recognized subsequent to customer invoicing. Deferred revenue is classified as either current in “Accrued expenses and other current liabilities” or as long-term in “Deferred taxes and other long-term liabilities” in the condensed consolidated balance sheets based on the timing of when the Company expects to recognize revenue. The deferred revenue balance is primarily related to the Company’s software as a service offerings, maintenance contracts and prepaid storage arrangements. Deferred revenue totaled $239.8 million at July 5, 2026, of which $174.3 million was included in “Accrued expenses and other current liabilities” and $65.5 million was included in “Deferred taxes and other long-term liabilities” in the condensed consolidated balance sheet. Deferred revenue totaled $224.8 million at December 28, 2025, of which $159.3 million was included in “Accrued expenses and other current liabilities” and $65.5 million was included in “Deferred taxes and other long-term liabilities” in the condensed consolidated balance sheet. The Company also had customer deposits received in advance of the transfer of control totaling $16.0 million and $19.3 million at July 5, 2026 and December 28, 2025, respectively, which was included in “Accrued expenses and other current liabilities” in the condensed consolidated balance sheet. The Company expects that these customer deposits will be recognized in revenue within three months of the balance sheet date.
Transaction price allocated to the remaining performance obligations
The Company applies the practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. The estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the period are not material to the Company. The remaining performance obligations primarily include noncancelable purchase orders, noncancelable software subscriptions and cloud service contracts and long-term prepaid storage contracts.
 
Segment revenue $ 729,688 $ 720,284 $ 1,440,806 $ 1,385,046
Americas [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 325,583 323,580 641,575 628,209
Europe [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 229,041 203,632 452,087 385,424
Asia [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 175,064 193,072 347,144 371,413
Life Sciences Solutions [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 301,028 298,052 601,024 584,505
Software [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 57,671 67,846 119,520 121,788
Reproductive health [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 156,231 135,568 303,673 262,373
Applied genomics [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue   720,284   1,385,046
Immunodiagnostics [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 214,758 218,818 416,589 416,380
Diagnostics [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 370,989 354,386 720,262 678,753
Diagnostics [Member] | Americas [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 142,008 126,509 272,449 246,859
Diagnostics [Member] | Europe [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 139,563 119,334 270,914 225,104
Diagnostics [Member] | Asia [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 89,418 108,543 176,899 206,790
Diagnostics [Member] | Life Sciences Solutions [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 0 0 0 0
Diagnostics [Member] | Software [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 0 0 0 0
Diagnostics [Member] | Reproductive health [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 156,231 135,568 303,673 262,373
Diagnostics [Member] | Immunodiagnostics [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 214,758 218,818 416,589 416,380
Life Sciences [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 358,699 365,898 720,544 706,293
Life Sciences [Member] | Americas [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 183,575 197,071 369,126 381,350
Life Sciences [Member] | Europe [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 89,478 84,298 181,173 160,320
Life Sciences [Member] | Asia [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 85,646 84,529 170,245 164,623
Life Sciences [Member] | Life Sciences Solutions [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 301,028 298,052 601,024 584,505
Life Sciences [Member] | Software [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 57,671 67,846 119,520 121,788
Life Sciences [Member] | Reproductive health [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue 0 0 0 0
Life Sciences [Member] | Immunodiagnostics [Member]        
Disaggregation of Revenue [Line Items]        
Segment revenue $ 0 $ 0 $ 0 $ 0