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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. 27, 2014
Sep. 28, 2013
Sep. 27, 2014
Sep. 28, 2013
Income Statement        
Net sales $ 278,053 $ 249,844 $ 793,940 $ 735,811
Cost of sales 188,902 162,873 527,284 480,308
Gross profit 89,151 86,971 266,656 255,503
Selling, general, and administrative expenses 55,635 48,415 167,621 151,668
Restructuring expense 1,086 828 1,517 2,235
Operating income 32,430 37,728 97,518 101,600
Interest expense (2,744) (2,665) (8,038) (7,811)
Other income, net 355 296 1,551 1,107
Foreign exchange income/(expense) (510) (466) (602) (1,178)
Income before income taxes 29,531 34,893 90,429 93,718
Income taxes 6,726 9,596 22,745 24,367
Net income 22,805 25,297 67,684 69,351
Less: Net income attributable to noncontrolling interests (132) (236) (980) (699)
Net income attributable to Franklin Electric Co., Inc. $ 22,673 $ 25,061 $ 66,704 $ 68,652
Income per share:        
Basic (in dollars per share) $ 0.46 $ 0.52 $ 1.37 $ 1.43
Diluted (in dollars per share) $ 0.46 $ 0.51 $ 1.36 $ 1.41
Dividends per common share $ 0.0900 $ 0.0775 $ 0.2575 $ 0.2275