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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 28, 2014
Sep. 29, 2013
Sep. 28, 2014
Sep. 29, 2013
Net revenues:        
Products $ 402,987 $ 365,825 $ 1,110,861 $ 943,212
Services 75,023 67,551 213,726 199,420
Total net revenues 478,010 433,376 1,324,587 1,142,632
Cost of revenues:        
Cost of products 182,591 150,365 509,450 405,569
Cost of services 34,298 28,717 96,556 88,119
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below) 216,889 179,082 606,006 493,688
Gross profit 261,121 254,294 718,581 648,944
Operating expenses:        
Engineering and development 71,953 68,918 212,452 199,442
Selling and administrative 73,064 72,917 228,556 210,037
Acquired intangible assets amortization 18,271 18,064 54,813 54,163
Restructuring and other (405) 889 167 1,480
Total operating expenses 162,883 160,788 495,988 465,122
Income from operations 98,238 93,506 222,593 183,822
Interest income 1,922 948 4,224 2,923
Interest expense and other (income) expense (510) 6,902 6,628 20,262
Income before income taxes 100,670 [1],[2] 87,552 [1],[2] 220,189 [1],[2] 166,483 [1],[2]
Income tax provision 17,721 18,093 35,106 23,879
Net income $ 82,949 $ 69,459 $ 185,083 $ 142,604
Net income per common share:        
Basic $ 0.40 $ 0.36 $ 0.93 $ 0.75
Diluted $ 0.38 $ 0.29 $ 0.83 $ 0.61
Weighted average common shares-basic 207,381 191,307 198,367 190,521
Weighted average common shares-diluted 218,333 235,828 223,795 235,165
Cash dividend declared per common share $ 0.06   $ 0.12  
[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 nine months ended September 28, 2014 and September 29, 2013 that include restructuring and other, and provision for excess and obsolete inventory, as follows: