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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2018
Sep. 29, 2017
Sep. 28, 2018
Sep. 29, 2017
Sales $ 175,798 $ 127,399 $ 462,415 $ 354,540
Cost of sales 115,312 84,802 307,872 239,172
Gross profit 60,486 42,597 154,543 115,368
Operating expenses:        
Sales and marketing 9,606 6,914 28,142 20,574
Research and development 6,765 5,547 19,019 15,011
General and administrative 11,164 9,061 31,137 25,263
Amortization of purchased intangibles 1,499 697 4,567 2,089
Fair value adjustment of contingent consideration and acquisition-related compensation 0 0 0 1,447
Total operating expenses 29,034 22,219 82,865 64,384
Income from operations 31,452 20,378 71,678 50,984
Other expense, net:        
Interest expense 748 602 2,379 1,696
Other expense (income) 180 (181) 380 285
Other expense, net 928 421 2,759 1,981
Income before income taxes 30,524 19,957 68,919 49,003
Provision for income taxes 5,788 3,885 3,919 8,677
Net income 24,736 16,072 65,000 40,326
Less: net income attributable to non-controlling interest 424 0 1,094 0
Net income attributable to FOX stockholders $ 24,312 $ 16,072 $ 63,906 $ 40,326
Earnings per share:        
Basic (in dollars per share) $ 0.64 $ 0.43 $ 1.69 $ 1.08
Diluted (in dollars per share) $ 0.62 $ 0.41 $ 1.64 $ 1.04
Weighted average shares used to compute earnings per share:        
Basic (in shares) 37,886 37,474 37,743 37,312
Diluted (in shares) 39,052 38,817 38,913 38,700