XML 20 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Net Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Revenue, Net [1] $ 219,398 $ 210,313
Cost of sales 132,243 133,983
Gross profit 87,155 76,330
Selling, general and administrative expenses 42,366 36,345
Research and development expenses 8,565 7,384
Amortization of intangibles 3,796 3,053
54,727 46,782
Operating income 32,428 29,548
Interest expense 2,045 1,151
Foreign exchange loss 3,823 3,117
Other (income) expense, net (517) (1,126)
Income before income taxes 27,077 26,406
Income taxes 7,788 6,411
Net income $ 19,289 $ 19,995
Net income per share (see note 8):    
Basic (in dollars per share) $ 0.86 $ 0.88
Diluted (in dollars per share) $ 0.85 $ 0.88
Weighted average shares and equivalent shares outstanding:    
Basic (in shares) 22,438 22,600
Diluted (in shares) 22,621 22,781
Cash dividends paid per common share (in dollars per share) $ 0.29 $ 0.25
[1] Sales by country represent sale to customer or distributor locations.