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UNAUDITED QUARTERLY FINANCIAL DATA (Tables)
12 Months Ended
Jan. 03, 2015
Quarterly Financial Information Disclosure [Abstract]  
Unaudited summarized financial data
The unaudited summarized financial data by quarter for the fiscal years ended January 3, 2015 and December 28, 2013 is presented in the table below:

(dollars in thousands, except per share data)
Quarter 1
 
Quarter 2
 
Quarter 3
 
Quarter 4
Fiscal 2014:
 
 
 
 
 
 
 
Net sales
$
651,643

 
$
574,065

 
$
798,936

 
$
869,224

Gross profit
261,725

 
245,477

 
321,206

 
356,032

Selling, general, and administrative expenses
210,095

 
206,315

 
221,939

 
251,902

Royalty income
(9,901
)
 
(8,185
)
 
(11,190
)
 
(9,880
)
Operating income
61,531

 
47,347

 
110,457

 
114,010

Net income
34,297

 
25,897

 
65,886

 
68,590

Basic net income per common share
0.64

 
0.48

 
1.24

 
1.30

Diluted net income per common share
0.63

 
0.48

 
1.23

 
1.29

 
 
 
 
 
 
 
 
Fiscal 2013:
 
 
 
 
 
 
 
Net sales
$
591,009

 
$
517,874

 
$
760,173

 
$
769,655

Gross profit
243,062

 
220,245

 
309,649

 
322,423

Selling, general, and administrative expenses
185,361

 
195,014

 
229,264

 
258,841

Royalty income
(9,242
)
 
(7,507
)
 
(10,691
)
 
(9,812
)
Operating income
66,943

 
32,738

 
91,076

 
73,394

Net income
41,415

 
19,673

 
56,571

 
42,748

Basic net income per common share
0.70

 
0.33

 
0.98

 
0.78

Diluted net income per common share
0.69

 
0.33

 
0.97

 
0.78