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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. 28, 2013
Sep. 29, 2012
Sep. 28, 2013
Sep. 29, 2012
Income Statement        
Net sales $ 249,844 $ 237,557 $ 735,811 $ 686,177
Cost of sales 162,873 154,976 480,308 452,986
Gross profit 86,971 82,581 255,503 233,191
Selling, general, and administrative expenses 48,415 49,001 151,668 141,117
Restructuring (income)/expense 828 88 2,235 74
Operating income 37,728 33,492 101,600 92,000
Interest expense (2,665) (2,367) (7,811) (7,317)
Other income 296 430 1,107 14,416
Foreign exchange income/(expense) (466) (896) (1,178) (1,551)
Income before income taxes 34,893 30,659 93,718 97,548
Income taxes 9,596 8,653 24,367 27,139
Net income 25,297 22,006 69,351 70,409
Less: Net income attributable to noncontrolling interests (236) (140) (699) (690)
Net income attributable to Franklin Electric Co., Inc. $ 25,061 $ 21,866 $ 68,652 $ 69,719
Income per share:        
Basic (in dollars per share) $ 0.52 $ 0.47 $ 1.43 $ 1.49
Diluted (in dollars per share) $ 0.51 $ 0.46 $ 1.41 $ 1.46
Dividends per common share (in dollars per share) $ 0.0775 $ 0.0725 $ 0.2275 $ 0.2125