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Condensed consolidated statements of income (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Jul. 02, 2011
Jul. 03, 2010
Net sales $ 196,376 $ 150,118 $ 382,050 $ 295,457
Cost of goods sold 108,862 88,980 215,070 175,980
Gross profit 87,514 61,138 166,980 119,477
Selling, general and administrative expenses 34,493 28,729 65,043 55,996
Business restructuring   (1,332)   (877)
Operating income 53,021 33,741 101,937 64,358
Other (income) expense:        
Interest expense, net 8,463 11,037 17,362 23,314
Gain on sale of Italian subsidiary       (3,327)
Foreign currency and other (894) (382) 704 (834)
Other (income) expense total 7,569 10,655 18,066 19,153
Income before income taxes 45,452 23,086 83,871 45,205
Income taxes 15,945 7,144 28,683 11,715
Net income $ 29,507 $ 15,942 $ 55,188 $ 33,490
Net income per share:        
Basic (in dollars per share) $ 0.64 $ 0.36 $ 1.20 $ 0.75
Diluted (in dollars per share) $ 0.63 $ 0.34 $ 1.18 $ 0.73
Weighted average shares outstanding:        
Basic (in shares) 46,118,266 44,510,737 45,901,893 44,478,009
Diluted (in shares) 47,067,552 46,243,097 46,951,121 46,004,799