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Condensed Consolidated Statements of Operations- Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 03, 2020
Mar. 29, 2019
Income Statement [Abstract]    
Sales $ 328,426 $ 314,676
Cost of sales 231,724 226,066
Gross profit 96,702 88,610
Operating expenses:    
Selling, general and administrative expenses 36,457 34,956
Research, development and engineering costs 13,241 11,595
Other operating expenses 2,928 2,890
Total operating expenses 52,626 49,441
Operating income 44,076 39,169
Interest expense 10,361 13,830
(Gain) loss on equity investments, net (1,925) 41
Other (income) loss, net (999) 166
Income from continuing operations before taxes 36,639 25,132
Provision for income taxes 5,539 3,766
Income from continuing operations 31,100 21,366
Discontinued operations:    
Income from discontinued operations before taxes 0 386
Provision for income taxes 0 83
Income from discontinued operations 0 303
Net income $ 31,100 $ 21,669
Basic earnings per share:    
Income from continuing operations (in dollars per share) $ 0.95 $ 0.66
Loss from discontinued operations (in dollars per share) 0 0.01
Basic (in dollars per share) 0.95 0.67
Diluted earnings per share:    
Income from continuing operations (in dollars per share) 0.94 0.65
Loss from discontinued operations (in dollars per share) 0 0.01
Diluted (in dollars per share) $ 0.94 $ 0.66
Weighted average shares outstanding:    
Basic (in shares) 32,807 32,536
Diluted (in shares) 33,117 32,980