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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Oct. 01, 2011
Oct. 02, 2010
Income Statement    
Net sales$ 224,391$ 188,409$ 633,841$ 538,820
Cost of sales150,674128,970422,381364,139
Gross profit73,71759,439211,460174,681
Selling, general and administrative expenses44,84039,596132,915118,599
Restructuring expense5532421,4735,343
Operating income28,32419,60177,07250,739
Interest expense(2,917)(2,254)(7,529)(6,745)
Other income/(expense)1,5427634,110(1,066)
Foreign exchange income/(expense)(554)(510)(1,911)(200)
Income before income taxes26,39517,60071,74242,728
Income taxes7,0985,01519,53111,138
Net income19,29712,58552,21131,590
Less: Net income attributable to noncontrolling interests(77)(253)(657)(793)
Net income attributable to Franklin Electric Co., Inc.$ 19,220$ 12,332$ 51,554$ 30,797
Per share data:    
Basic$ 0.82$ 0.53$ 2.20$ 1.33
Diluted$ 0.80$ 0.52$ 2.16$ 1.31
Dividends per common share$ 0.14$ 0.13$ 0.40$ 0.39