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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2021
Sep. 27, 2020
Oct. 03, 2021
Sep. 27, 2020
Income Statement [Abstract]        
Revenues $ 630,835 $ 475,839 $ 1,769,190 $ 1,364,176
Cost of sales (407,559) (308,247) (1,143,035) (876,143)
Gross profit 223,276 167,592 626,155 488,033
Selling, general and administrative expenses (109,963) (85,037) (313,966) (275,129)
Research and development expenses (32,451) (30,324) (94,873) (81,633)
Amortization of intangibles (9,696) (16,104) (28,745) (48,306)
Operating income 71,166 36,127 188,571 82,965
Interest expense, net (16,251) (15,607) (46,640) (43,188)
Loss on debt extinguishment (5,715) 0 (5,715) 0
Non-operating pension benefit 992 680 3,121 2,079
Income from continuing operations before taxes 50,192 21,200 139,337 41,856
Income tax expense (8,875) (631) (25,307) (3,223)
Income from continuing operations 41,317 20,569 114,030 38,633
Loss from discontinued operations, net of tax 0 (6,231) 0 (103,395)
Gain on disposal of discontinued operations, net of tax 0 2,743 0 2,743
Net income (loss) 41,317 17,081 114,030 (62,019)
Less: Net income attributable to noncontrolling interest 53 85 336 79
Net income (loss) attributable to Belden stockholders $ 41,264 $ 16,996 $ 113,694 $ (62,098)
Weighted average number of common shares and equivalents:        
Basic (in shares) 44,851 44,567 44,762 44,834
Diluted (in shares) 45,425 44,709 45,242 44,968
Basic income (loss) per share attributable to Belden stockholders:        
Continuing operations (in dollars per share) $ 0.92 $ 0.46 $ 2.54 $ 0.86
Discontinued operations (in dollars per share) 0 (0.14) 0 (2.31)
Disposal of discontinued operations (in dollars per share) 0 0.06 0 0.06
Net income (loss) (in dollars per share) 0.92 0.38 2.54 (1.39)
Diluted income (loss) per share attributable to Belden stockholders:        
Continuing operation (in dollars per share) 0.91 0.46 2.51 0.86
Discontinued operations (in dollars per share) 0 (0.14) 0 (2.31)
Disposal of discontinued operations (in dollars per share) 0 0.06 0 0.06
Net income (loss) (in dollars per share) $ 0.91 $ 0.38 $ 2.51 $ (1.39)
Comprehensive income (loss) attributable to Belden $ 69,390 $ (34,921) $ 174,280 $ (136,138)
Common stock dividends declared per share (in dollars per share) $ 0.05 $ 0.05 $ 0.15 $ 0.15