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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2016
Jun. 27, 2015
Jul. 02, 2016
Jun. 27, 2015
Net sales $ 303,052 $ 280,709 $ 570,076 $ 544,082
Cost of sales 163,847 152,622 316,165 299,459
Gross profit 139,205 128,087 253,911 244,623
Selling, general and administrative expenses 53,597 50,270 101,553 101,160
Engineering, research and development expenses 28,146 26,542 54,048 52,342
Amortization of intangible assets 11,062 11,928 22,351 24,235
Operating income 46,400 39,347 75,959 66,886
Interest expense 9,092 9,752 18,310 19,593
Interest income (41) (37) (110) (250)
Other income, net (1,054) (1,109) (1,729) (2,842)
Income before income tax expense and equity in net loss of affiliates 38,403 30,741 59,488 50,385
Income tax expense 5,513 6,245 10,386 10,915
Equity in net loss of affiliates 0 48 0 150
Net income $ 32,890 $ 24,448 $ 49,102 $ 39,320
Basic net income per common share $ 0.23 $ 0.17 $ 0.35 $ 0.28
Diluted net income per common share $ 0.23 $ 0.17 $ 0.35 $ 0.28
Weighted shares outstanding:        
Basic 140,953 140,307 140,867 140,146
Diluted 141,723 140,993 141,547 140,866