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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. 28, 2014
Jun. 29, 2013
Jun. 28, 2014
Jun. 29, 2013
Income Statement        
Net sales $ 284,466 $ 263,443 $ 515,887 $ 485,967
Cost of sales 185,072 168,852 338,382 317,435
Gross profit 99,394 94,591 177,505 168,532
Selling, general, and administrative expenses 59,971 53,188 111,986 103,253
Restructuring expense 295 697 431 1,407
Operating income 39,128 40,706 65,088 63,872
Interest expense (2,510) (2,556) (5,294) (5,146)
Other income 871 364 1,196 811
Foreign exchange income/(expense) 328 (541) (92) (712)
Income before income taxes 37,817 37,973 60,898 58,825
Income taxes 10,359 9,534 16,019 14,771
Net income 27,458 28,439 44,879 44,054
Less: Net income attributable to noncontrolling interests (384) (304) (848) (463)
Net income attributable to Franklin Electric Co., Inc. $ 27,074 $ 28,135 $ 44,031 $ 43,591
Income per share:        
Basic (in dollars per share) $ 0.56 $ 0.59 $ 0.91 $ 0.91
Diluted (in dollars per share) $ 0.55 $ 0.58 $ 0.90 $ 0.90
Dividends per common share $ 0.0900 $ 0.0775 $ 0.1675 $ 0.1500