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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Sep. 29, 2012
Oct. 01, 2011
Income Statement        
Net sales $ 237,557 $ 224,391 $ 686,177 $ 633,841
Cost of sales 154,976 150,674 452,986 422,381
Gross profit 82,581 73,717 233,191 211,460
Selling, general, and administrative expenses 49,001 44,840 141,117 132,915
Restructuring (income)/expense 88 553 74 1,473
Operating income 33,492 28,324 92,000 77,072
Interest expense (2,367) (2,917) (7,317) (7,529)
Other income/(expense) 430 1,542 14,416 4,110
Foreign exchange income/(expense) (896) (554) (1,551) (1,911)
Income before income taxes 30,659 26,395 97,548 71,742
Income taxes 8,653 7,098 27,139 19,531
Net income 22,006 19,297 70,409 52,211
Less: Net income attributable to noncontrolling interests (140) (77) (690) (657)
Net income attributable to Franklin Electric Co., Inc. $ 21,866 $ 19,220 $ 69,719 $ 51,554
Per share data:        
Basic (in dollars per share) $ 0.93 $ 0.82 $ 2.98 $ 2.20
Diluted (in dollars per share) $ 0.91 $ 0.80 $ 2.91 $ 2.16
Dividends per common share (in dollars per share) $ 0.15 $ 0.14 $ 0.43 $ 0.40