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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ 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 $ 383,814 $ 359,923 $ 1,154,388 $ 1,027,130
Cost of sales 167,990 162,047 516,758 457,379
Gross profit 215,824 197,876 637,630 569,751
Selling, general and administrative expense 182,187 168,270 564,324 487,220
Research and development expense 15,599 12,458 46,102 33,860
Amortization of acquired intangibles 31,993 31,025 94,603 88,067
Insurance settlement (gain) loss 975 0 (32,059) 0
Restructuring and other charges 2,989 2,230 7,653 5,193
Operating loss (GAAP) (17,919) (16,107) (42,993) (44,589)
Interest expense, net 6,334 4,122 17,944 22,751
Debt extinguishment charges 0 0 20,104 29,870
Unrealized (gain) loss on investment in ESAB Corporation 63,125 0 (72,412) 0
Realized gain on cost basis investment (8,800) 0 (8,800) 0
Other income (300) 0 (300) 0
Income (loss) from continuing operations before income taxes (78,278) (20,229) 471 (97,210)
Income tax benefit (12,329) (6,651) (16,176) (9,651)
Net income (loss) from continuing operations (65,949) (13,578) 16,647 (87,559)
Income (loss) from discontinued operations, net of taxes (527) 40,435 10,163 164,358
Net income (loss) (66,476) 26,857 26,810 76,799
Less: net income attributable to noncontrolling interest from continuing operations - net of taxes 136 191 533 836
Less: net income attributable to noncontrolling interest from discontinued operations - net of taxes 0 818 966 2,399
Net income (loss) attributable to Enovis Corporation $ (66,612) $ 25,848 $ 25,311 $ 73,564
Net income (loss) per share - basic        
Net income per share, continuing operations, basic (in usd per share) $ (1.22) $ (0.26) $ 0.30 $ (1.76)
Net income (loss) per share, discontinued operations, basic (in usd per share) (0.01) 0.75 0.17 3.22
Net income (loss) per share, consolidated, basic (in usd per share) (1.23) 0.49 0.47 1.46
Net income (loss) per share - diluted        
Net income (loss) per share, continuing operations, diluted (in usd per share) (1.22) (0.26) 0.30 (1.76)
Net income (loss) per share, discontinued operations, diluted (in usd per share) (0.01) 0.75 0.17 3.22
Net income (loss) per share, consolidated operations, (in usd per share) $ (1.23) $ 0.49 $ 0.46 $ 1.46