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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Oct. 01, 2021
Sep. 30, 2022
Oct. 01, 2021
Income Statement [Abstract]        
Net sales $ 428,191 $ 388,028 $ 1,322,531 $ 1,113,413
Cost of sales 345,448 313,715 1,077,070 902,723
Gross margin 82,743 74,313 245,461 210,690
Selling, general, and administrative expense 38,958 43,195 122,666 118,031
Research and development expense 7,430 6,354 22,096 19,164
Restructuring expense (income) 484 0 1,560 (378)
Other—net 6,774 3,604 18,575 12,272
Operating profit 29,097 21,160 80,564 61,601
Other non-operating (income)—net (1,175) (1,279) (3,512) (3,832)
Interest expense—net 5,888 861 14,325 2,480
Income before income taxes 24,384 21,578 69,751 62,953
Income tax expense 4,432 3,422 12,525 10,162
Net income $ 19,952 $ 18,156 $ 57,226 $ 52,791
Basic earnings per share:        
Net income per share of common stock (in dollars per share) $ 0.97 $ 0.89 $ 2.79 $ 2.59
Diluted earnings per share:        
Net income per share of common stock (in dollars per share) $ 0.96 $ 0.88 $ 2.76 $ 2.56
Weighted-average number of shares of common stock outstanding:        
Basic (in shares) 20,526 20,439 20,502 20,414
Diluted (in shares) 20,780 20,657 20,756 20,659