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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 29, 2012
Dec. 31, 2011
Jan. 01, 2011
Net sales $ 667,913 $ 664,955 $ 608,021
Cost of sales 409,446 408,261 374,149
Gross profit 258,467 256,694 233,872
Selling, general and administrative expenses 124,277 116,740 103,671
Research and development expenses 21,231 19,439 17,602
Amortization of intangibles 6,089 6,611 5,025
Total operating expenses 151,597 142,790 126,298
Operating income 106,870 113,904 107,574
Interest expense, net 1,701 1,691 1,437
Impairment and equity in net loss of unconsolidated affiliate 7,334 [1]    [1]    [1]
Other expense (income), net (2,217) (2,888) (1,542)
Income before income taxes 100,052 115,101 107,679
Income taxes 24,720 28,077 29,016
Net income $ 75,332 $ 87,024 $ 78,663
Basic (in Dollars per share) $ 3.45 $ 3.96 $ 3.58
Diluted (in Dollars per share) $ 3.40 $ 3.90 $ 3.52
Basic (in Shares) 21,822 21,901 21,875
Diluted (in Shares) 22,098 22,255 22,214
[1] During the fourth quarter of 2012, the company recorded approximatetly $7.3 million related to the impairment and equity in net loss of its investment in Shocking Technology. (See Note 6).