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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 03, 2015
Jun. 27, 2014
Jul. 03, 2015
Jun. 27, 2014
Income Statement [Abstract]        
Revenue $ 96,494 $ 96,905 $ 191,108 $ 176,038
Cost of revenue 55,149 58,254 109,757 105,282
Gross profit 41,345 38,651 81,351 70,756
Operating expenses:        
Research and development and engineering 7,840 7,525 16,055 13,382
Selling, general and administrative 20,922 21,410 42,990 41,028
Amortization of purchased intangible assets 1,852 2,876 3,741 4,620
Restructuring, acquisition and divestiture related costs 416 360 2,853 1,178
Total operating expenses 31,030 32,171 65,639 60,208
Operating income from continuing operations 10,315 6,480 15,712 10,548
Interest income (expense), net (1,375) (1,375) (2,772) (2,212)
Foreign exchange transaction gains (losses), net (3,153) (61) (2,636) (80)
Other income (expense), net 20,034 419 20,763 1,000
Income from continuing operations before income taxes 25,821 5,463 31,067 9,256
Income tax provision 6,310 2,057 8,110 2,994
Income from continuing operations 19,511 3,406 22,957 6,262
Loss from discontinued operations, net of tax (13) (2,678) (13) (4,544)
Consolidated net income 19,498 728 22,944 1,718
Less: Net income attributable to noncontrolling interest   (3)   (10)
Net income attributable to GSI Group Inc. $ 19,498 $ 725 $ 22,944 $ 1,708
Earnings per common share from continuing operations:        
Basic $ 0.56 $ 0.10 $ 0.66 $ 0.18
Diluted 0.56 0.10 0.66 0.18
Loss per common share from discontinued operations:        
Basic 0.00 (0.08) 0.00 (0.13)
Diluted 0.00 (0.08) 0.00 (0.13)
Earnings per common share attributable to GSI Group Inc.:        
Basic 0.56 0.02 0.66 0.05
Diluted $ 0.56 $ 0.02 $ 0.66 $ 0.05
Weighted average common shares outstanding—basic 34,630 34,378 34,567 34,304
Weighted average common shares outstanding—diluted 35,029 34,707 35,014 34,690