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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2023
Oct. 02, 2022
Oct. 01, 2023
Oct. 02, 2022
Income Statement [Abstract]        
Revenues $ 626,807 $ 670,491 $ 1,960,841 $ 1,947,413
Cost of sales (385,639) (431,845) (1,212,240) (1,277,602)
Gross profit 241,168 238,646 748,601 669,811
Selling, general and administrative expenses (118,079) (110,478) (366,288) (318,747)
Research and development expenses (30,190) (26,306) (90,544) (75,751)
Amortization of intangibles (9,526) (10,105) (30,262) (28,099)
Gain on sale of assets 12,056 37,891 12,056 37,891
Operating income 95,429 129,648 273,563 285,105
Interest expense, net (8,580) (9,883) (25,593) (35,570)
Non-operating pension benefit 328 26 1,462 2,296
Loss on debt extinguishment 0 0 0 (6,392)
Income from continuing operations before taxes 87,177 119,791 249,432 245,439
Income tax expense (14,850) (16,104) (45,385) (39,014)
Income from continuing operations 72,327 103,687 204,047 206,425
Loss from discontinued operations, net of tax 0 0 0 (3,685)
Loss on disposal of discontinued operations, net of tax 0 (5,366) 0 (9,933)
Net income 72,327 98,321 204,047 192,807
Less: Net income (loss) attributable to noncontrolling interest (20) 27 (245) 111
Net income attributable to Belden stockholders $ 72,347 $ 98,294 $ 204,292 $ 192,696
Weighted average number of common shares and equivalents:        
Basic (in shares) 42,053 43,466 42,460 44,181
Diluted (in shares) 42,625 44,063 43,129 44,810
Basic income (loss) per share attributable to Belden stockholders:        
Continuing operations (in dollars per share) $ 1.72 $ 2.38 $ 4.81 $ 4.67
Discontinued operations (in dollars per share) 0 0 0 (0.08)
Disposal of discontinued operations (in dollars per share) 0 (0.12) 0 (0.22)
Net income (in dollars per share) 1.72 2.26 4.81 4.36
Diluted income (loss) per share attributable to Belden stockholders:        
Continuing operation (in dollars per share) 1.70 2.35 4.74 4.60
Discontinued operations (in dollars per share) 0 0 0 (0.08)
Disposal of discontinued operations (in dollars per share) 0 (0.12) 0 (0.22)
Net income (in dollars per share) $ 1.70 $ 2.23 $ 4.74 $ 4.30
Comprehensive income attributable to Belden $ 93,915 $ 149,907 $ 203,697 $ 300,388
Common stock dividends declared per share (in usd per share) $ 0.05 $ 0.05 $ 0.15 $ 0.15