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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Jun. 27, 2015
Jun. 28, 2014
Revenue $ 268,721 $ 247,365 $ 481,555 $ 444,735
Less excise taxes 16,517 15,754 29,848 29,279
Net revenue 252,204 231,611 451,707 415,456
Cost of goods sold 115,979 108,515 215,866 201,841
Gross profit 136,225 123,096 235,841 213,615
Operating expenses:        
Advertising, promotional and selling expenses 71,370 65,922 131,618 127,179
General and administrative expenses 18,036 16,681 35,265 32,552
Total operating expenses 89,406 82,603 166,883 159,731
Operating income 46,819 40,493 68,958 53,884
Other income (expense), net:        
Interest income (expense), net 11 (5) 7 (9)
Other income (expense), net 54 201 (271) 65
Total other income (expense), net 65 196 (264) 56
Income before income tax provision 46,884 40,689 68,694 53,940
Provision for income taxes 16,952 15,261 25,019 20,197
Net income $ 29,932 $ 25,428 $ 43,675 $ 33,743
Net income per common share - basic $ 2.24 $ 1.95 $ 3.28 $ 2.59
Net income per common share - diluted $ 2.18 $ 1.88 $ 3.18 $ 2.49
Weighted-average number of common shares - diluted 13,667 13,486 13,650 13,461
Other comprehensive income, net of tax:        
Foreign currency translation adjustment $ (5)   $ 1  
Comprehensive income $ 29,927 $ 25,428 $ 43,676 $ 33,743
Common Class A        
Other income (expense), net:        
Net income per common share - basic $ 2.24 $ 1.95 $ 3.28 $ 2.59
Net income per common share - diluted $ 2.18 $ 1.88 $ 3.18 $ 2.49
Weighted-average number of common shares - basic 9,748 9,196 9,673 9,097
Weighted-average number of common shares - diluted 13,667 13,486 13,650 13,461
Common Class B        
Other income (expense), net:        
Net income per common share - basic $ 2.24 $ 1.95 $ 3.28 $ 2.59
Weighted-average number of common shares - basic [1] 3,532 3,770 3,575 3,837
[1] Change in Class B Common Stock resulted from the conversion of 150,000 shares to Class A Common Stock on May 6, 2015, with the 26-week number of shares reflecting the weighted average for the period.