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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Net Sales $ 448,405 $ 378,874 $ 860,732 $ 769,921
Cost of sales 241,033 212,600 467,882 426,254
Gross profit 207,372 166,274 392,850 343,667
Selling, general and administrative expenses 66,872 64,150 125,763 146,404
Engineering, research and development expenses 32,572 30,624 62,204 59,615
Amortization of intangible assets 13,216 16,591 29,427 35,248
Operating income 94,712 54,909 175,456 102,400
Interest expense 13,005 11,315 23,564 22,199
Interest income (213) (1,623) (534) (2,848)
Other (income) expense, net (477) (122,015) 401 (122,263)
Income before income tax expense 82,397 167,232 152,025 205,312
Income tax expense 14,361 43,235 22,983 48,657
Net income $ 68,036 $ 123,997 $ 129,042 $ 156,655
Basic earnings per common share $ 0.51 $ 0.92 $ 0.96 $ 1.16
Diluted earnings per common share $ 0.50 $ 0.91 $ 0.95 $ 1.15
Weighted shares outstanding:        
Basic 134,700 135,378 134,722 135,338
Diluted 136,007 136,581 136,188 136,637