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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Net Sales $ 480,987 $ 394,147 $ 1,341,719 $ 1,164,068
Cost of sales 254,987 223,797 722,869 650,051
Gross profit 226,000 170,350 618,850 514,017
Selling, general and administrative expenses 71,195 71,232 196,958 217,636
Engineering, research and development expenses 36,295 31,173 98,499 90,788
Amortization of intangible assets 11,749 15,152 41,176 50,400
Operating income 106,761 52,793 282,217 155,193
Interest expense 12,781 11,388 36,345 33,587
Interest income (130) (1,172) (664) (4,020)
Other (income) expense, net (1,752) 934 (1,351) (121,329)
Income before income tax expense 95,862 41,643 247,887 246,955
Income tax expense 16,559 876 39,542 49,533
Net income $ 79,303 $ 40,767 $ 208,345 $ 197,422
Basic earnings per common share $ 0.59 $ 0.30 $ 1.55 $ 1.46
Diluted earnings per common share $ 0.58 $ 0.30 $ 1.53 $ 1.45
Weighted shares outstanding:        
Basic 134,957 135,092 134,801 135,256
Diluted 136,252 136,530 136,209 136,601