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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE EARNINGS AND RETAINED EARNINGS (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Apr. 02, 2011
Net product sales $ 109,763,000 $ 108,323,000
Rental and royalty revenue 1,057,000 1,072,000
Total revenue 110,820,000 109,395,000
Product cost of goods sold 74,905,000 73,524,000
Rental and royalty cost 257,000 270,000
Total costs 75,162,000 73,794,000
Product gross margin 34,858,000 34,799,000
Rental and royalty gross margin 800,000 802,000
Total gross margin 35,658,000 35,601,000
Selling, marketing and administrative expenses 27,239,000 25,964,000
Earnings from operations 8,419,000 9,637,000
Other income, net 3,335,000 2,992,000
Earnings before income taxes 11,754,000 12,629,000
Provision for income taxes 2,980,000 4,299,000
Net earnings 8,774,000 8,330,000
Net earnings per share (in dollars per share) $ 0.15 $ 0.14
Dividends per share (in dollars per share) $ 0.08 [1] $ 0.08 [1]
Average number of shares outstanding (in shares) 59,058 59,806
Other comprehensive income (loss), before tax    
Foreign currency translation adjustments 1,851,000 1,002,000
Unrealized losses for the period on investments (546,000) (189,000)
Less: reclassification adjustment for losses in net income 0 0
Unrealized losses on investments (546,000) (189,000)
Unrealized gains (losses) for the period on derivatives 506,000 (859,000)
Less: reclassification adjustment for losses in net income (167,000) (4,394,000)
Unrealized gains (losses) on derivatives 339,000 (5,253,000)
Total other comprehensive income (loss), before tax 1,644,000 (4,440,000)
Income tax benefit related to items of other comprehensive income 28,000 1,921,000
Comprehensive earnings 10,446,000 5,811,000
Retained earnings at beginning of period 114,269,000 135,866,000
Net earnings 8,774,000 8,330,000
Cash dividends (4,581,000) (4,512,000)
Stock dividends (38,334,000) (47,175,000)
Retained earnings at end of period $ 80,128,000 $ 92,509,000
[1] Does not include 3% stock dividend to shareholders of record on 3/6/12 and 3/8/11.