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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Net Sales $ 378,874 $ 383,059 $ 769,921 $ 750,258
Cost of sales 212,600 200,681 426,254 391,883
Gross profit 166,274 182,378 343,667 358,375
Selling, general and administrative expenses 64,150 65,200 146,404 123,469
Engineering, research and development expenses 30,624 30,231 59,615 57,817
Amortization of intangible assets 16,591 12,014 35,248 23,683
Operating income 54,909 74,933 102,400 153,406
Interest expense 11,315 8,296 22,199 16,455
Interest income (1,623) (1,371) (2,848) (2,304)
Other (income) expense, net (122,015) 3,877 (122,263) 4,016
Income before income tax expense 167,232 64,131 205,312 135,239
Income tax expense 43,235 9,782 48,657 23,328
Net income $ 123,997 $ 54,349 $ 156,655 $ 111,911
Basic net income per common share $ 0.92 $ 0.38 $ 1.16 $ 0.79
Diluted net income per common share $ 0.91 $ 0.38 $ 1.15 $ 0.78
Weighted shares outstanding:        
Basic 135,378 141,701 135,338 141,641
Diluted 136,581 143,238 136,637 143,445