XML 35 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Income Statement [Abstract]    
Net sales $ 346,096 $ 405,500
Cost of sales 222,384 250,272
Gross profit 123,712 155,228
Selling, general, and administrative expenses 54,386 62,955
Research and development expenses 14,595 21,409
Amortization of intangibles 9,981 10,191
Total operating expenses 78,962 94,555
Operating income 44,750 60,673
Interest expense 5,418 5,686
Foreign exchange loss 2,584 4,243
Other expense, net 1,249 4,305
Income before income taxes 35,499 46,439
Income taxes 10,855 9,450
Net income $ 24,644 $ 36,989
Income per share:    
Basic (in dollars per share) $ 1.01 $ 1.50
Diluted (in dollars per share) $ 1.00 $ 1.48
Weighted-average shares and equivalent shares outstanding:    
Basic (in shares) 24,393 24,717
Diluted (in shares) 24,578 25,009