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Consolidated Statements of Net Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Dec. 27, 2014
Revenue, Net $ 1,056,159 $ 867,864 $ 851,995
Cost of sales 643,042 537,365 527,567
Gross profit 413,117 330,499 324,428
Selling, general, and administrative expenses 206,129 153,714 146,975
Research and development expenses 42,198 30,802 31,122
Pension settlement expenses 29,928
Amortization of intangibles 19,337 11,898 12,501
Impairment of goodwill and intangible assets 14,809
Total operating expenses 282,473 226,342 190,598
Operating income 130,644 104,157 133,830
Interest expense 8,628 4,091 4,903
Foreign exchange (gain) loss 472 (1,465) 3,925
Other expense (income), net (1,730) (5,417) (6,644)
Income before income taxes 123,274 106,948 131,646
Income taxes 18,786 26,082 33,546
Net income $ 104,488 $ 80,866 $ 98,100
Income per share:      
Basic (in dollars per share) $ 4.63 $ 3.58 $ 4.35
Diluted (in dollars per share) $ 4.60 $ 3.56 $ 4.32
Weighted-average shares and equivalent shares outstanding:      
Basic (in shares) 22,559 22,565 22,543
Diluted (in shares) 22,727 22,719 22,727