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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2021
Jun. 28, 2020
Jul. 04, 2021
Jun. 28, 2020
Income Statement [Abstract]        
Revenues $ 601,974 $ 424,811 $ 1,138,355 $ 888,337
Cost of sales (390,439) (274,871) (735,476) (567,896)
Gross profit 211,535 149,940 402,879 320,441
Selling, general and administrative expenses (105,554) (91,703) (204,003) (190,092)
Research and development expenses (30,922) (25,090) (62,422) (51,309)
Amortization of intangibles (9,102) (16,017) (19,049) (32,202)
Operating income 65,957 17,130 117,405 46,838
Interest expense, net (14,878) (14,257) (30,389) (27,581)
Non-operating pension benefit 1,445 700 2,129 1,399
Income from continuing operations before taxes 52,524 3,573 89,145 20,656
Income tax expense (8,552) (400) (16,432) (2,592)
Income from continuing operations 43,972 3,173 72,713 18,064
Loss from discontinued operations, net of tax 0 (71,054) 0 (97,164)
Net income (loss) 43,972 (67,881) 72,713 (79,100)
Less: Net income (loss) attributable to noncontrolling interest 208 24 283 (6)
Net income (loss) attributable to Belden stockholders $ 43,764 $ (67,905) $ 72,430 $ (79,094)
Weighted average number of common shares and equivalents:        
Basic (in shares) 44,759 44,557 44,717 44,969
Diluted (in shares) 45,262 44,665 45,162 45,097
Basic income (loss) per share attributable to Belden stockholders:        
Continuing operations (in dollars per share) $ 0.98 $ 0.07 $ 1.62 $ 0.40
Discontinued operations (in dollars per share) 0 (1.59) 0 (2.16)
Net income (loss) (in dollars per share) 0.98 (1.52) 1.62 (1.76)
Diluted income (loss) per share attributable to Belden stockholders:        
Continuing operation (in dollars per share) 0.97 0.07 1.60 0.40
Discontinued operations (in dollars per share) 0 (1.59) 0 (2.16)
Net income (loss) (in dollars per share) $ 0.97 $ (1.52) $ 1.60 $ (1.76)
Comprehensive income (loss) attributable to Belden $ 22,499 $ (112,351) $ 104,890 $ (101,217)
Common stock dividends declared per share (in dollars per share) $ 0.05 $ 0.05 $ 0.10 $ 0.10