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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. 03, 2022
Jul. 04, 2021
Jul. 03, 2022
Jul. 04, 2021
Income Statement [Abstract]        
Revenues $ 666,551 $ 575,857 $ 1,276,922 $ 1,084,540
Cost of sales (444,246) (384,503) (845,757) (724,003)
Gross profit 222,305 191,354 431,165 360,537
Selling, general and administrative expenses (105,203) (93,570) (208,269) (174,205)
Research and development expenses (25,989) (22,263) (49,445) (44,875)
Amortization of intangibles (9,177) (7,172) (17,994) (15,165)
Asset impairments 0 0 0 (6,995)
Operating income 81,936 68,349 155,457 119,297
Interest expense, net (11,276) (14,870) (25,687) (30,381)
Loss on debt extinguishment 0 0 (6,392) 0
Non-operating pension benefit 1,070 1,445 2,270 2,129
Income from continuing operations before taxes 71,730 54,924 125,648 91,045
Income tax expense (13,088) (9,578) (22,910) (16,634)
Income from continuing operations 58,642 45,346 102,738 74,411
Loss from discontinued operations, net of tax 0 (1,374) (3,685) (1,698)
Loss on disposal of discontinued operations, net of tax 0 0 (4,567) 0
Net income 58,642 43,972 94,486 72,713
Less: Net income attributable to noncontrolling interest 81 208 84 283
Net income attributable to Belden stockholders $ 58,561 $ 43,764 $ 94,402 $ 72,430
Weighted average number of common shares and equivalents:        
Basic (in shares) 44,252 44,759 44,535 44,717
Diluted (in shares) 44,782 45,262 45,179 45,162
Basic income (loss) per share attributable to Belden stockholders:        
Continuing operations (in dollars per share) $ 1.32 $ 1.01 $ 2.31 $ 1.66
Discontinued operations (in dollars per share) 0 (0.03) (0.08) (0.04)
Disposal of discontinued operations (in dollars per share) 0 0 (0.10) 0
Net income (in dollars per share) 1.32 0.98 2.12 1.62
Diluted income (loss) per share attributable to Belden stockholders:        
Continuing operation (in dollars per share) 1.31 1.00 2.27 1.64
Discontinued operations (in dollars per share) 0 (0.03) (0.08) (0.04)
Disposal of discontinued operations (in dollars per share) 0 0 (0.10) 0
Net income (in dollars per share) $ 1.31 $ 0.97 $ 2.09 $ 1.60
Comprehensive income attributable to Belden $ 110,712 $ 22,499 $ 150,481 $ 104,890
Common stock dividends declared per share (in dollars per share) $ 0.05 $ 0.05 $ 0.10 $ 0.10