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Condensed Consolidated Statements of Net Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Net sales $ 417,813 $ 285,441
Cost of sales 268,190 171,791
Gross profit 149,623 113,650
Selling, general, and administrative expenses 77,514 46,703
Research and development expenses 22,540 12,151
Amortization of intangibles 11,998 5,944
Total operating expenses 112,052 64,798
Operating income 37,571 48,852
Interest expense 5,423 3,120
Foreign exchange gain (10,555) (1,557)
Other (income) expense, net (1,943) (139)
Income before income taxes 44,646 47,428
Income taxes 8,617 8,537
Net income $ 36,029 $ 38,891
Income per share:    
Basic (in dollars per share) $ 1.48 $ 1.71
Diluted (in dollars per share) $ 1.45 $ 1.69
Weighted-average shares and equivalent shares outstanding:    
Basic (in shares) 24,339 22,748
Diluted (in shares) 24,775 22,989
Cash dividends declared per common share (in dollars per share) $ 0.37 $ 0.33