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SEGMENT AND GEOGRAPHIC INFORMATION (Tables)
 3 Months Ended
Mar. 30, 2024
Segment Reporting [Abstract]  
Schedule of Revenue and Other Financial Information by Business Segment The following table presents the results of operations by reportable segment:
Three Months Ended
March 30, 2024April 1, 2023
(in thousands)
RMS
Revenue$220,907 $199,766 
Cost of revenue (excluding amortization of intangible assets)140,925 126,804 
Selling, general and administrative30,893 27,058 
Amortization of intangible assets5,940 5,495 
Operating income$43,149 $40,409 
DSA
Revenue$605,452 $662,353 
Cost of revenue (excluding amortization of intangible assets)417,912 411,523 
Selling, general and administrative56,859 61,998 
Amortization of intangible assets15,842 17,401 
Operating income$114,839 $171,431 
Manufacturing
Revenue$185,201 $167,254 
Cost of revenue (excluding amortization of intangible assets)107,880 113,392 
Selling, general and administrative32,847 39,736 
Amortization of intangible assets10,793 12,020 
Operating income$33,681 $2,106 
Unallocated Corporate
Selling, general and administrative$(65,692)$(46,054)
Operating income (1)
$(65,692)$(46,054)
Consolidated
Revenue$1,011,560 $1,029,373 
Cost of revenue (excluding amortization of intangible assets)666,717 651,719 
Selling, general and administrative186,291 174,846 
Amortization of intangible assets32,575 34,916 
Operating income$125,977 $167,892 
(1) Operating income for unallocated corporate consists of costs associated with departments such as senior executives, corporate accounting, legal, tax, human resources, treasury, and investor relations.
Capital expenditures and depreciation and amortization (related to both intangible assets and certain assets acquired in business combinations) by reportable segment are as follows:
RMSDSAManufacturingUnallocated CorporateConsolidated
(in thousands)
Capital Expenditures
Three Months Ended:
March 30, 2024$20,044 $48,959 $8,862 $1,279 $79,144 
April 1, 202319,084 65,184 21,738 869 106,875 
Depreciation and amortization
Three Months Ended:
March 30, 2024$18,123 $45,789 $19,805 $1,640 $85,357 
April 1, 202313,489 42,450 20,084 1,046 77,069 
Revenue by Geographic Area
The following table disaggregates the Company’s revenue by major business line and timing of transfer of products or services:
Three Months Ended
March 30, 2024April 1, 2023
(in thousands)
Timing of Revenue Recognition:
RMS
Services and products transferred over time$97,049 $93,639 
Services and products transferred at a point in time123,858 106,127 
Total RMS revenue220,907 199,766 
DSA
Services and products transferred over time604,125 661,836 
Services and products transferred at a point in time1,327 517 
Total DSA revenue605,452 662,353 
Manufacturing
Services and products transferred over time100,058 86,086 
Services and products transferred at a point in time85,143 81,168 
Total Manufacturing revenue185,201 167,254 
Total revenue$1,011,560 $1,029,373 
Revenue by geographic area is as follows:
U.S.EuropeCanadaAsia PacificOtherConsolidated
(in thousands)
Three Months Ended:
March 30, 2024$562,317 $276,319 $110,401 $45,772 $16,751 $1,011,560 
April 1, 2023605,441 267,703 110,606 42,813 2,810 1,029,373 
Long-Lived Assets by Geographic Area
Long-lived assets by geographic area are as follows:
U.S.EuropeCanadaAsia PacificOtherConsolidated
(in thousands)
Long-lived assets
March 30, 2024$954,225 $404,657 $153,443 $71,076 $35,307 $1,618,708 
December 30, 2023964,176 407,375 157,483 74,605 36,102 1,639,741