XML 20 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2020
Jun. 28, 2019
Jun. 26, 2020
Jun. 28, 2019
Income Statement [Abstract]        
Net sales $ 271,468 $ 297,843 $ 549,414 $ 599,284
Cost of sales 223,378 228,249 455,749 460,378
Gross margin 48,090 69,594 93,665 138,906
Selling, general, and administrative expense 32,852 39,891 63,596 79,955
Research and development expense 4,502 4,062 8,687 7,802
Goodwill impairment charges 0 0 9,053 0
Held for sale impairment charges 0 0 1,713 0
Restructuring charges 2,387 0 4,551 0
Other - net (357) 2,891 1,922 7,012
Operating profit 8,706 22,750 4,143 44,137
Other non-operating (income) expense - net (851) 3,112 (1,795) 3,357
Interest Expense-net 1,259 500 1,505 966
Income before income taxes 8,298 19,138 4,433 39,814
Income tax expense 1,620 3,598 858 7,368
Net income $ 6,678 $ 15,540 $ 3,575 $ 32,446
Basic earnings per share:        
Net income per share of common stock (in dollars per share) $ 0.33 $ 0.76 $ 0.18 $ 1.60
Diluted earnings per share:        
Net income per share of common stock (in dollars per share) $ 0.32 $ 0.75 $ 0.17 $ 1.57
Weighted-average number of shares of common stock outstanding:        
Basic (in shares) 20,317 20,383 20,350 20,326
Diluted (in shares) 20,554 20,666 20,587 20,635