XML 13 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND RETAINED EARNINGS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Sep. 28, 2013
Sep. 29, 2012
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND RETAINED EARNINGS        
Net product sales $ 191,807 $ 200,274 $ 404,074 $ 418,193
Rental and royalty revenue 902 908 2,807 2,948
Total revenue 192,709 201,182 406,881 421,141
Product cost of goods sold 125,833 135,852 264,974 283,615
Rental and royalty cost 223 232 698 739
Total costs 126,056 136,084 265,672 284,354
Product gross margin 65,974 64,422 139,100 134,578
Rental and royalty gross margin 679 676 2,109 2,209
Total gross margin 66,653 65,098 141,209 136,787
Selling, marketing and administrative expenses 33,166 32,685 87,620 84,946
Earnings from operations 33,487 32,413 53,589 51,841
Other income, net 3,105 1,537 7,401 4,428
Earnings before income taxes 36,592 33,950 60,990 56,269
Provision for income taxes 10,549 11,027 17,509 17,061
Net earnings 26,043 22,923 43,481 39,208
Net earnings per share (in dollars per share) $ 0.44 $ 0.38 $ 0.73 $ 0.65
Dividends per share (in dollars per share) $ 0.08 [1] $ 0.08 [1] $ 0.24 [1] $ 0.24 [1]
Average number of shares outstanding (in shares) 59,579 60,456 59,723 60,634
Retained earnings at beginning of period 39,199 82,931 80,210 114,269
Net earnings 26,043 22,923 43,481 39,208
Cash dividends (4,764) (4,683) (14,185) (13,972)
Stock dividends     49,028 38,334
Retained earnings at end of period $ 60,478 $ 101,171 $ 60,478 $ 101,171
[1] Does not include 3% stock dividend to shareholders of record on 3/5/13 and 3/6/12.