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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jul. 03, 2011
Jul. 04, 2010
Jul. 03, 2011
Jul. 04, 2010
Net sales $ 375.7 $ 324.0 $ 705.6 $ 643.3
Cost of goods sold 245.4 203.4 454.3 405.1
GROSS PROFIT 130.3 120.6 251.3 238.2
Selling, general & administrative expenses 98.2 84.8 195.2 173.1
Restructuring and other charges 5.5 2.5 6.6 5.8
OPERATING INCOME 26.6 33.3 49.5 59.3
Other (income) expense:        
Interest income (0.2) (0.3) (0.5) (0.5)
Interest expense 6.7 5.4 12.6 10.6
Other expense (income), net 0.6 (0.6) 0.7 (0.8)
Total other expense 7.1 4.5 12.8 9.3
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 19.5 28.8 36.7 50.0
Provision for income taxes 6.6 6.6 12.7 15.6
NET INCOME FROM CONTINUING OPERATIONS 12.9 22.2 24.0 34.4
Income (loss) from discontinued operations, net of taxes 1.7 (0.1) 1.7 (4.2)
NET INCOME $ 14.6 $ 22.1 $ 25.7 $ 30.2
Net income per share:        
Continuing operations (in dollars per share) $ 0.34 $ 0.60 $ 0.64 $ 0.93
Discontinued operations (in dollars per share) $ 0.05   $ 0.05 $ (0.11)
NET INCOME (in dollars per share) $ 0.39 $ 0.59 $ 0.69 $ 0.82
Weighted average number of shares (in shares) 37.6 37.2 37.6 37.2
Net income per share:        
Continuing operations (in dollars per share) $ 0.34 $ 0.59 $ 0.64 $ 0.92
Discontinued operations (in dollars per share) $ 0.05   $ 0.05 $ (0.11)
NET INCOME (in dollars per share) $ 0.39 $ 0.59 $ 0.68 $ 0.81
Weighted average number of shares (in shares) 37.8 37.4 37.7 37.3
Dividends per share (in dollars per share) $ 0.11 $ 0.11 $ 0.22 $ 0.22