XML 14 R3.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 04, 2021
Mar. 29, 2020
Income Statement [Abstract]    
Revenues $ 536,381 $ 463,526
Cost of sales (345,037) (293,025)
Gross profit 191,344 170,501
Selling, general and administrative expenses (98,449) (98,389)
Research and development expenses (31,500) (26,219)
Amortization of intangibles (9,947) (16,185)
Operating income 51,448 29,708
Interest expense, net (15,511) (13,324)
Non-operating pension benefit 684 699
Income from continuing operations before taxes 36,621 17,083
Income tax expense (7,880) (2,192)
Income from continuing operations 28,741 14,891
Loss from discontinued operations, net of tax 0 (26,110)
Net income (loss) 28,741 (11,219)
Less: Net income (loss) attributable to noncontrolling interest 75 (30)
Net income (loss) attributable to Belden stockholders $ 28,666 $ (11,189)
Weighted average number of common shares and equivalents:    
Basic (in shares) 44,679 45,390
Diluted (in shares) 45,045 45,538
Basic income (loss) per share attributable to Belden stockholders:    
Continuing operations (in dollars per share) $ 0.64 $ 0.33
Discontinued operations (in dollars per share) 0 (0.58)
Net income (loss) (in dollars per share) 0.64 (0.25)
Diluted income (loss) per share attributable to Belden stockholders:    
Continuing operation (in dollars per share) 0.64 0.33
Discontinued operations (in dollars per share) 0 (0.58)
Net income (loss) (in dollars per share) $ 0.64 $ (0.25)
Comprehensive income attributable to Belden $ 82,391 $ 11,134
Common stock dividends declared per share (in dollars per share) $ 0.05 $ 0.05