XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2018
Jun. 30, 2017
Jun. 29, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 309,085 $ 295,842 $ 612,552 $ 536,511
Cost of sales 247,247 241,064 492,434 438,577
Gross margin 61,838 54,778 120,118 97,934
Selling, general, and administrative expense 38,473 37,928 76,935 71,449
Research and development expense 3,860 3,544 7,503 6,674
Other net 4,313 3,204 7,237 6,022
Operating profit 15,192 10,102 28,443 13,789
Interest expense—net 667 695 1,397 1,188
Other non-operating expense - net 437 368 879 635
Income before income taxes 14,088 9,039 26,167 11,966
Income tax expense 2,944 1,726 4,459 1,603
Net income $ 11,144 $ 7,313 $ 21,708 $ 10,363
Basic earnings per share:        
Net income per share of common stock (in dollars per share) $ 0.55 $ 0.37 $ 1.08 $ 0.52
Diluted earnings per share:        
Net income per share of common stock (in dollars per share) 0.54 0.36 1.05 0.51
Cash dividends per share (in dollars per share) $ 0.105 $ 0.1 $ 0.205 $ 0.195
Weighted-average number of shares of common stock outstanding:        
Basic (in shares) 20,221 20,012 20,178 19,991
Diluted (in shares) 20,593 20,347 20,583 20,348