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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Net sales $ 260,040 [1] $ 210,855 [1] $ 488,863 [1] $ 393,427 [1]
Cost of sales 158,224 125,518 299,564 236,260
Gross profit 101,816 85,337 189,299 157,167
Selling and distribution expenses 28,274 21,569 53,449 42,137
General and administrative expenses 28,204 28,520 53,852 48,418
Income from operations 45,338 [1] 35,248 [1] 81,998 [1] 66,612 [1]
Net interest expense and deferred financing amortization, net 1,967 2,119 4,058 4,179
Other (income) expense, net (380) 1,608 887 1,446
Earnings before income taxes 43,751 31,521 77,053 60,987
Provision for income taxes 12,706 11,893 23,913 23,534
Net earnings 31,045 19,628 53,140 37,453
Net earnings per share:        
Basic (in usd per share) $ 1.70 $ 1.09 $ 2.92 $ 2.08
Diluted (in usd per share) $ 1.67 $ 1.06 $ 2.87 $ 2.02
Weighted average number of shares        
Basic (in shares) 18,267 18,052 18,207 17,976
Dilutive common stock equivalents (in shares) 307 [2] 527 [2] 312 [2] 536 [2]
Diluted (in shares) 18,574 18,579 18,519 18,512
Comprehensive income $ 23,592 $ 20,641 $ 51,686 $ 39,099
[1] Non-operating expenses are not allocated to the operating segments. Non-operating expenses consist of interest expense and deferred financing amortization, foreign exchange gains and losses and other income and expense items outside of income from operations.
[2] There were no anti-dilutive equity awards excluded from common stock equivalents for any period presented.