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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2016
Apr. 04, 2015
Income Statement    
Net sales $ 218,430 $ 225,728
Cost of sales 144,194 154,238
Gross profit 74,236 71,490
Selling, general, and administrative expenses 52,345 55,160
Restructuring expense 820 463
Operating income 21,071 15,867
Interest expense (2,427) (2,708)
Other income/(expense), net (32) 3,019
Foreign exchange income/(expense) (77) 416
Income before income taxes 18,535 16,594
Income tax (benefit)/expense 4,955 (3,382)
Net income 13,580 19,976
Less: Net income attributable to noncontrolling interests (123) (181)
Net income attributable to Franklin Electric Co., Inc. $ 13,457 $ 19,795
Income per share:    
Basic (in dollars per share) $ 0.28 $ 0.41
Diluted (in dollars per share) 0.28 0.41
Dividends per common share $ 0.0975 $ 0.0900