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Consolidated Statements of Net Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 28, 2013
Dec. 29, 2012
Dec. 31, 2011
Net sales $ 757,853 $ 667,913 $ 664,955
Cost of sales 461,621 409,446 408,261
Gross profit 296,232 258,467 256,694
Selling, general and administrative expenses 132,657 124,277 116,740
Research and development expenses 24,415 21,231 19,439
Amortization of intangibles 9,279 6,089 6,611
Total operating expenses 166,351 151,597 142,790
Operating income 129,881 106,870 113,904
Interest expense 2,917 1,701 1,691
Impairment and equity in net loss of unconsolidated affiliate 10,678 7,334    [1]
Foreign exchange (gain) loss (3,303) 3,179 1,238
Other expense (income), net (4,646) (5,396) (4,126)
Income before income taxes 124,235 100,052 115,101
Income taxes 35,451 24,720 28,077
Net income $ 88,784 $ 75,332 $ 87,024
Income per share:      
Basic (in Dollars per share) $ 3.98 $ 3.45 $ 3.96
Diluted (in Dollars per share) $ 3.94 $ 3.40 $ 3.90
Weighted-average shares and equivalent shares outstanding:      
Basic (in Shares) 22,315 21,822 21,901
Diluted (in Shares) 22,537 22,098 22,255
[1] During the first quarter of 2013, the company recorded approximately $10.7 million related to the impairment of Shocking Technologies. During the fourth quarter of 2012, the company recorded approximately $7.3 million related to the impairment and equity in net loss of its investment in Shocking Technologies (See Note 6).