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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Revenue from Contract with Customer, Excluding Assessed Tax $ 677,459 $ 686,802
Cost of sales 427,269 429,490
Gross profit 250,190 257,312
Selling, General and Administrative Expense 143,942 155,909
Restructuring Charges 834 342
Income from operations [1],[2] 105,414 101,061
Net interest expense and deferred financing amortization, net 15,713 20,520
Net Periodic Benefit Cost, Other Components (10,089) (7,761)
Other (income) expense, net 3,326 (1,413)
Earnings before income taxes 96,464 89,715
Provision for income taxes 22,685 20,702
Net earnings $ 73,779 $ 69,013
Net earnings per share:    
Earnings Per Share, Basic $ 1.33 $ 1.24
Earnings Per Share, Diluted $ 1.33 $ 1.24
Weighted average number of shares    
Basic (in shares) 55,396,000 55,601,000
Dilutive common stock equivalents (in shares) [3] 2,000 0
Diluted (in shares) 55,398,000 55,601,000
Comprehensive income $ 14,452 $ 65,066
[1] Non-operating expenses are not allocated to the operating segments. Non-operating expenses consist of interest expense and deferred financing amortization, foreign exchange gains and losses and other income and expense items outside of income from operations.
[2] Restructuring expenses are allocated in operating income by segment. See note 16 for further details.
[3]
1There were no anti-dilutive equity awards excluded from common stock equivalents for any period presented.