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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. 02, 2022
Oct. 03, 2021
Oct. 02, 2022
Oct. 03, 2021
Income Statement [Abstract]        
Revenues $ 670,491 $ 604,761 $ 1,947,413 $ 1,689,301
Cost of sales (431,845) (401,384) (1,277,602) (1,125,387)
Gross profit 238,646 203,377 669,811 563,914
Selling, general and administrative expenses (110,478) (95,337) (318,747) (269,542)
Research and development expenses (26,306) (23,235) (75,751) (68,110)
Amortization of intangibles (10,105) (7,780) (28,099) (22,945)
Asset impairments 0 (2,288) 0 (9,283)
Gain on sale of asset 37,891 0 37,891 0
Operating income 129,648 74,737 285,105 194,034
Interest expense, net (9,883) (16,251) (35,570) (46,632)
Loss on debt extinguishment 0 (5,715) (6,392) (5,715)
Non-operating pension benefit 26 992 2,296 3,121
Income from continuing operations before taxes 119,791 53,763 245,439 144,808
Income tax expense (16,104) (9,799) (39,014) (26,433)
Income from continuing operations 103,687 43,964 206,425 118,375
Loss from discontinued operations, net of tax 0 (2,647) (3,685) (4,345)
Loss on disposal of discontinued operations, net of tax (5,366) 0 (9,933) 0
Net income 98,321 41,317 192,807 114,030
Less: Net income attributable to noncontrolling interest 27 53 111 336
Net income attributable to Belden stockholders $ 98,294 $ 41,264 $ 192,696 $ 113,694
Weighted average number of common shares and equivalents:        
Basic (in shares) 43,466 44,851 44,181 44,762
Diluted (in shares) 44,063 45,425 44,810 45,242
Basic income (loss) per share attributable to Belden stockholders:        
Continuing operations (in dollars per share) $ 2.38 $ 0.98 $ 4.67 $ 2.64
Discontinued operations (in dollars per share) 0 (0.06) (0.08) (0.10)
Disposal of discontinued operations (in dollars per share) (0.12) 0 (0.22) 0
Net income (in dollars per share) 2.26 0.92 4.36 2.54
Diluted income (loss) per share attributable to Belden stockholders:        
Continuing operation (in dollars per share) 2.35 0.97 4.60 2.61
Discontinued operations (in dollars per share) 0 (0.06) (0.08) (0.10)
Disposal of discontinued operations (in dollars per share) (0.12) 0 (0.22) 0
Net income (in dollars per share) $ 2.23 $ 0.91 $ 4.30 $ 2.51
Comprehensive income attributable to Belden $ 149,907 $ 69,390 $ 300,388 $ 174,280
Common stock dividends declared per share (in dollars per share) $ 0.05 $ 0.05 $ 0.15 $ 0.15