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Consolidated Statements of Net Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 27, 2014
Dec. 28, 2013
Dec. 29, 2012
Net sales $ 851,995us-gaap_SalesRevenueNet $ 757,853us-gaap_SalesRevenueNet $ 667,913us-gaap_SalesRevenueNet
Cost of sales 527,567us-gaap_CostOfRevenue 461,621us-gaap_CostOfRevenue 409,446us-gaap_CostOfRevenue
Gross profit 324,428us-gaap_GrossProfit 296,232us-gaap_GrossProfit 258,467us-gaap_GrossProfit
Selling, general and administrative expenses 146,975us-gaap_SellingGeneralAndAdministrativeExpense 132,657us-gaap_SellingGeneralAndAdministrativeExpense 124,277us-gaap_SellingGeneralAndAdministrativeExpense
Research and development expenses 31,122us-gaap_ResearchAndDevelopmentExpense 24,415us-gaap_ResearchAndDevelopmentExpense 21,231us-gaap_ResearchAndDevelopmentExpense
Amortization of intangibles 12,501us-gaap_AmortizationOfIntangibleAssets 9,279us-gaap_AmortizationOfIntangibleAssets 6,089us-gaap_AmortizationOfIntangibleAssets
Total operating expenses 190,598us-gaap_OperatingExpenses 166,351us-gaap_OperatingExpenses 151,597us-gaap_OperatingExpenses
Operating income 133,830us-gaap_OperatingIncomeLoss 129,881us-gaap_OperatingIncomeLoss 106,870us-gaap_OperatingIncomeLoss
Interest expense 4,903us-gaap_InterestExpense 2,917us-gaap_InterestExpense 1,701us-gaap_InterestExpense
Impairment and equity in net loss of unconsolidated affiliate    [1] 10,678lfus_ImpairmentAndEquityInNetLossOfUnconsolidatedAffiliate [1] 7,334lfus_ImpairmentAndEquityInNetLossOfUnconsolidatedAffiliate [1]
Foreign exchange loss (gain) 3,925us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (3,303)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 3,179us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Other expense (income), net (6,644)us-gaap_OtherNonoperatingIncomeExpense (4,646)us-gaap_OtherNonoperatingIncomeExpense (5,396)us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 131,646us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 124,235us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 100,052us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income taxes 32,228us-gaap_IncomeTaxExpenseBenefit 35,451us-gaap_IncomeTaxExpenseBenefit 24,720us-gaap_IncomeTaxExpenseBenefit
Net income $ 99,418us-gaap_NetIncomeLoss $ 88,784us-gaap_NetIncomeLoss $ 75,332us-gaap_NetIncomeLoss
Basic (in Dollars per share) $ 4.41us-gaap_EarningsPerShareBasic $ 3.98us-gaap_EarningsPerShareBasic $ 3.45us-gaap_EarningsPerShareBasic
Diluted (in Dollars per share) $ 4.37us-gaap_EarningsPerShareDiluted $ 3.94us-gaap_EarningsPerShareDiluted $ 3.40us-gaap_EarningsPerShareDiluted
Basic (in Shares) 22,543us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 22,315us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 21,822us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in Shares) 22,727us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 22,537us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 22,098us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] During the first quarter of 2013, the company recorded approximately $10.7 million related to the impairment of Shocking Technologies. During the fourth quarter of 2012, the company recorded approximately $7.3 million related to the impairment and equity in net loss of its investment in Shocking Technologies (See Note 6).