XML 39 R4.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2015
Sep. 27, 2014
Sep. 26, 2015
Sep. 27, 2014
Net sales $ 270,253 $ 273,054 $ 814,335 $ 690,436
Cost of sales 153,943 174,311 453,402 431,673
Gross profit 116,310 98,743 360,933 258,763
Selling, general and administrative expenses 46,730 55,820 147,890 172,954
Engineering, research and development expenses 26,841 24,427 79,183 61,698
Amortization of intangible assets 11,673 13,128 35,908 24,854
Contingent consideration fair value adjustment 0 0 0 (1,282)
Operating income 31,066 5,368 97,952 539
Interest expense 9,291 10,443 28,884 23,009
Interest income (90) (347) (340) (762)
Other (income) expense, net (5,624) 110 (8,466) 1,639
Income (loss) before income tax expense (benefit) and equity in net loss of affiliates 27,489 (4,838) 77,874 (23,347)
Income tax expense (benefit) 4,018 (3,810) 14,933 (22,012)
Equity in net loss of affiliates 68 40 218 90
Net income (loss) $ 23,403 $ (1,068) $ 62,723 $ (1,425)
Basic net income (loss) per common share $ 0.17 $ (0.01) $ 0.45 $ (0.01)
Diluted net income (loss) per common share $ 0.17 $ (0.01) $ 0.44 $ (0.01)
Weighted shares outstanding:        
Basic 140,555 139,480 140,282 139,215
Diluted 141,317 139,480 141,016 139,215