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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Income Statement    
Net sales $ 231,421 $ 222,524
Cost of sales 153,310 148,583
Gross profit 78,111 73,941
Selling, general, and administrative expenses 52,015 50,065
Restructuring expense 136 710
Operating income 25,960 23,166
Interest expense (2,784) (2,590)
Other income 325 447
Foreign exchange expense (420) (171)
Income before income taxes 23,081 20,852
Income taxes 5,660 5,237
Net income 17,421 15,615
Less: Net income attributable to noncontrolling interests (464) (159)
Net income attributable to Franklin Electric Co., Inc. $ 16,957 $ 15,456
Income per share:    
Basic (in dollars per share) $ 0.35 $ 0.32
Diluted (in dollars per share) $ 0.35 $ 0.32
Dividends per common share (in dollars per share) $ 0.0775 $ 0.0725