v3.26.3
Acquisitions (Tables)
 9 Months Ended
Sep. 27, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the estimated, preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date (in thousands):
Receivables$146,457 
Inventory153,555 
Other current assets14,563 
Property, plant and equipment18,452 
Intangible assets1,040,000 
Goodwill1,000,819 
Operating lease right-of-use assets26,699 
Other long-lived assets4,299 
   Total assets acquired$2,404,844 
Accounts payable$34,479 
Accrued liabilities191,683 
Deferred income taxes175,882 
Long-term operating lease liabilities22,495 
Other long-term liabilities110,673 
   Total liabilities assumed$535,212 
Net assets $1,869,632 
Schedule of Acquired Intangible Assets
The intangible assets related to the acquisition consisted of the following:
Fair ValueAmortization Period
(In thousands)(In years)
Intangible assets subject to amortization:
Developed technologies$800,000 5.0
Customer relationships160,000 15.0
Trademarks80,000 20.0
Total intangible assets subject to amortization$1,040,000 
Intangible assets not subject to amortization:
Goodwill$1,000,819 n/a
Total intangible assets not subject to amortization$1,000,819 
Total intangible assets$2,040,819 
Weighted average amortization period7.7
Schedule of Pro Forma Information
The following table illustrates the unaudited pro forma effect on operating results as if the Ruckus acquisition had been completed as of January 1, 2025.
Three Months EndedNine Months Ended
September 27, 2026September 28, 2025September 27, 2026September 28, 2025
(In thousands, except per share data)
(Unaudited)
Revenues$965,954 $876,734 $2,763,529 $2,514,730 
Net income 39,339 24,486 93,152 25,809 
Diluted income per share$1.00 $0.61 $2.37 $0.64