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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 04, 2015
Sep. 28, 2014
Oct. 04, 2015
Sep. 28, 2014
Revenues:        
Products $ 386,488 $ 402,987 $ 1,096,056 $ 1,110,861
Services 79,506 75,023 225,077 213,726
Total revenues 465,994 478,010 1,321,133 1,324,587
Cost of revenues:        
Cost of products 170,963 182,591 471,450 509,450
Cost of services 36,405 34,298 100,067 96,556
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below) 207,368 216,889 571,517 606,006
Gross profit 258,626 261,121 749,616 718,581
Operating expenses:        
Engineering and development 74,027 71,953 221,309 212,452
Selling and administrative 77,481 73,064 226,595 228,556
Acquired intangible assets amortization 20,053 18,271 49,119 54,813
Restructuring and other 261 (405) (124) 167
Total operating expenses 171,822 162,883 496,899 495,988
Income from operations 86,804 98,238 252,717 222,593
Non-operating (income) expense:        
Interest income (1,708) (1,922) (5,198) (4,224)
Interest expense 508 144 1,114 6,720
Other (income) expense, net 596 (654) (5,180) (92)
Income before income taxes [1],[2] 87,408 100,670 261,981 220,189
Income tax provision 15,955 17,721 54,863 35,106
Net income $ 71,453 $ 82,949 $ 207,118 $ 185,083
Net income per common share:        
Basic $ 0.34 $ 0.40 $ 0.97 $ 0.93
Diluted $ 0.34 $ 0.38 $ 0.96 $ 0.83
Weighted average common shares-basic 210,032 207,381 213,688 198,367
Weighted average common shares-diluted 211,736 218,333 215,348 223,795
Cash dividend declared per common share $ 0.06 $ 0.06 $ 0.18 $ 0.12
[1] Included in the income (loss) before income taxes for each of the segments are charges related to inventory and other.
[2] Interest income, interest expense, and other (income) expense, net are included in Corporate and Eliminations.