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Consolidated Statements of Net Income (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Net sales $ 206,859 [1] $ 170,918 [1]
Cost of sales 128,365 106,312
Gross profit 78,494 64,606
Selling, general and administrative expenses 34,171 29,202
Research and development expenses 7,574 5,715
Amortization of intangibles 3,159 1,572
44,904 36,489
Operating income 33,590 28,117
Interest expense 1,216 376
Impairment and equity in net loss of unconsolidated affiliate    [2] 10,678 [2]
Foreign exchange (gain) loss (252) 319
Other (income) expense, net (1,186) (1,228)
Income before income taxes 33,812 17,972
Income taxes 8,423 6,484
Net income $ 25,389 $ 11,488
Net income per share (see note 8):    
Basic (in Dollars per share) $ 1.13 $ 0.52
Diluted (in Dollars per share) $ 1.12 $ 0.51
Weighted average shares and equivalent shares outstanding:    
Basic (in Shares) 22,492 22,095
Diluted (in Shares) 22,717 22,366
Cash dividends paid per common share (in Dollars per share) $ 0.22 $ 0.20
[1] Sales by country represent sales to customer or distributor locations.
[2] During the first quarter of 2013, the company recorded approximately $10.7 million related to the impairment of its investment in Shocking Technologies. (See note 5).