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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2013
Jun. 30, 2012
Jun. 29, 2013
Jun. 30, 2012
Income Statement        
Net sales $ 263,443 $ 246,696 $ 485,967 $ 448,619
Cost of sales 168,852 162,358 317,435 298,006
Gross profit 94,591 84,338 168,532 150,613
Selling, general, and administrative expenses 53,188 46,769 103,253 92,121
Restructuring (income)/expense 697 59 1,407 (14)
Operating income 40,706 37,510 63,872 58,506
Interest expense (2,556) (2,362) (5,146) (4,951)
Other income 364 452 811 13,987
Foreign exchange income/(expense) (541) (357) (712) (655)
Income before income taxes 37,973 35,243 58,825 66,887
Income taxes 9,534 10,001 14,771 18,486
Net income 28,439 25,242 44,054 48,401
Less: Net income attributable to noncontrolling interests (304) (435) (463) (550)
Net income attributable to Franklin Electric Co., Inc. $ 28,135 $ 24,807 $ 43,591 $ 47,851
Income per share:        
Basic (in dollars per share) $ 0.59 $ 0.53 $ 0.91 $ 1.02
Diluted (in dollars per share) $ 0.58 $ 0.52 $ 0.90 $ 1.00
Dividends per common share (in dollars per share) $ 0.0775 $ 0.0725 $ 0.1500 $ 0.1400