v3.26.3
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2026
Sep. 27, 2025
Sep. 26, 2026
Sep. 27, 2025
Income Statement [Abstract]        
Net sales $ 1,986,076 $ 1,770,901 $ 5,761,658 $ 5,120,564
Cost of goods sold 728,308 724,414 2,199,580 2,122,521
Gross profit 1,257,768 1,046,487 3,562,078 2,998,043
Research and development expense 312,916 286,464 912,673 831,247
Selling, general and administrative expenses 333,204 303,220 990,584 904,874
Total operating expense 646,120 589,684 1,903,257 1,736,121
Operating income 611,648 456,803 1,658,821 1,261,922
Other income (expense):        
Interest income 36,357 32,085 110,504 94,316
Foreign currency gains 9,788 20,334 10,417 21,582
Other income 3,329 598 4,970 1,329
Total other income (expense) 49,474 53,017 125,891 117,227
Income before income taxes 661,122 509,820 1,784,712 1,379,149
Income tax provision 119,461 108,205 296,052 243,943
Net income $ 541,661 $ 401,615 $ 1,488,660 $ 1,135,206
Net income per share:        
Basic $ 2.81 $ 2.09 $ 7.72 $ 5.9
Diluted $ 2.8 $ 2.08 $ 7.69 $ 5.87
Weighted average common shares outstanding:        
Basic 192,836 192,464 192,782 192,510
Diluted 193,617 193,533 193,556 193,551