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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2014
Jun. 30, 2013
Jun. 29, 2014
Jun. 30, 2013
Net revenues:        
Products $ 452,488 $ 363,087 $ 707,874 $ 577,387
Services 73,079 65,802 138,703 131,869
Total net revenues 525,567 428,889 846,577 709,256
Cost of revenues:        
Cost of products 202,411 158,411 326,859 255,204
Cost of services 32,743 29,245 62,258 59,402
Total cost of revenues 235,154 187,656 389,117 314,606
Gross profit 290,413 241,233 457,460 394,650
Operating expenses:        
Engineering and development 73,414 67,773 140,499 130,524
Selling and administrative 77,489 69,230 155,492 137,120
Acquired intangible assets amortization 18,271 18,063 36,542 36,099
Restructuring and other 572 259 572 591
Total operating expenses 169,746 155,325 333,105 304,334
Income from operations 120,667 85,908 124,355 90,316
Interest income 1,266 903 2,302 1,975
Interest expense and other 541 6,454 7,138 13,360
Income before income taxes 121,392 [1],[2] 80,357 [1],[2] 119,519 [1],[2] 78,931 [1],[2]
Income tax provision 20,187 13,801 17,385 5,786
Net income $ 101,205 $ 66,556 $ 102,134 $ 73,145
Net income per common share:        
Basic $ 0.52 $ 0.35 $ 0.53 $ 0.38
Diluted $ 0.47 $ 0.28 $ 0.45 $ 0.31
Weighted average common shares-basic 194,408 190,569 193,860 190,128
Weighted average common shares-diluted 216,568 234,909 226,526 234,833
Cash dividend declared per common share     $ 0.06  
[1] Pension and postretirement actuarial gains and losses, interest income, and interest expense and other are included in Corporate and Eliminations.
[2] Included in the income (loss) before income taxes for each of the segments are charges and credits for the three and six months ended June 29, 2014 and June 30, 2013 that include restructuring and other, and provision for excess and obsolete inventory, as follows: