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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 9 Months Ended
Sep. 29, 2012
Oct. 01, 2011
Sep. 29, 2012
Oct. 01, 2011
Net product sales $ 200,274 $ 186,784 $ 418,193 $ 399,991
Rental and royalty revenue 908 1,072 2,948 3,080
Total revenue 201,182 187,856 421,141 403,071
Product cost of goods sold 135,852 132,230 283,615 276,740
Rental and royalty cost 232 264 739 772
Total costs 136,084 132,494 284,354 277,512
Product gross margin 64,422 54,554 134,578 123,251
Rental and royalty gross margin 676 808 2,209 2,308
Total gross margin 65,098 55,362 136,787 125,559
Selling, marketing and administrative expenses 32,685 25,425 84,946 77,560
Earnings from operations 32,413 29,937 51,841 47,999
Other income (expense), net 1,537 (3,777) 4,428 216
Earnings before income taxes 33,950 26,160 56,269 48,215
Provision for income taxes 11,027 7,305 17,061 14,544
Net earnings 22,923 18,855 39,208 33,671
Net earnings per share (in dollars per share) $ 0.39 $ 0.32 $ 0.67 $ 0.56
Dividends per share (in dollars per share) $ 0.08 [1] $ 0.08 [1] $ 0.24 [1] $ 0.24 [1]
Average number of shares outstanding 58,714 59,535 58,893 59,692
Other comprehensive income (loss), before tax        
Foreign currency translation adjustments 1,303 (3,554) 1,644 (2,104)
Unrealized gains (losses) for the period on investments 869 (68) 837 1,708
Unrealized gains (losses) on investments 869 (68) 837 1,708
Unrealized gains (losses) for the period on derivatives 73 314 (120) (545)
Less: reclassification adjustment for (gains) losses in net income 41 (1,551) (241) (7,552)
Unrealized gains (losses) on derivatives 114 (1,237) (361) (8,097)
Total other comprehensive income (loss), before tax 2,286 (4,859) 2,120 (8,493)
Income tax benefit (expense) related to items of other comprehensive income (378) 599 (169) 2,346
Comprehensive earnings 24,831 14,595 41,159 27,524
Retained earnings at beginning of period 82,931 94,366 114,269 135,866
Net earnings 22,923 18,855 39,208 33,671
Cash dividends (4,683) (4,622) (13,972) (13,763)
Stock dividends     (38,334) (47,175)
Retained earnings at end of period $ 101,171 $ 108,599 $ 101,171 $ 108,599
[1] Does not include 3% stock dividend to shareholders of record on 3/6/12 and 3/8/11.