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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS, COMPREHENSIVE EARNINGS AND RETAINED EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Net product sales $ 108,156 $ 104,884 $ 217,919 $ 213,207
Rental and royalty revenue 983 936 2,040 2,008
Total revenue 109,139 105,820 219,959 215,215
Product cost of goods sold 72,858 70,986 147,763 144,510
Rental and royalty cost 250 238 507 508
Total costs 73,108 71,224 148,270 145,018
Product gross margin 35,298 33,898 70,156 68,697
Rental and royalty gross margin 733 698 1,533 1,500
Total gross margin 36,031 34,596 71,689 70,197
Selling, marketing and administrative expenses 25,022 26,171 52,261 52,135
Earnings from operations 11,009 8,425 19,428 18,062
Other income (expense), net (444) 1,001 2,891 3,993
Earnings before income taxes 10,565 9,426 22,319 22,055
Provision for income taxes 3,054 2,940 6,034 7,239
Net earnings 7,511 6,486 16,285 14,816
Net earnings per share (in dollars per share) $ 0.13 $ 0.11 $ 0.28 $ 0.25
Dividends per share (in dollars per share) $ 0.08 [1] $ 0.08 [1] $ 0.16 [1] $ 0.16 [1]
Average number of shares outstanding 58,911 59,725 58,987 59,764
Other comprehensive income (loss), before tax        
Foreign currency translation adjustments (1,510) 448 341 1,450
Unrealized gains for the period on investments 514 1,965 (32) 1,776
Less: reclassification adjustment for gains in net earnings 0   0  
Unrealized gains on investments 514 1,965 (32) 1,776
Unrealized losses for the period on derivatives (699)   (193) (859)
Less: reclassification adjustment for losses in net earnings (115) (1,607) (282) (6,001)
Unrealized losses on derivatives (814) (1,607) (475) (6,860)
Total other comprehensive income (loss), before tax (1,810) 806 (166) (3,634)
Income tax benefit (expense) related to items of other comprehensive income 181 (174) 209 1,747
Comprehensive earnings 5,882 7,118 16,328 12,929
Retained earnings at beginning of period 80,128 92,509 114,269 135,866
Net earnings 7,511 6,486 16,285 14,816
Cash dividends (4,708) (4,629) (9,289) (9,141)
Stock dividends     (38,334) (47,175)
Retained earnings at end of period $ 82,931 $ 94,366 $ 82,931 $ 94,366
[1] Does not include 3% stock dividend to shareholders of record on 3/6/12 and 3/8/11.