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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jul. 02, 2023
Jun. 30, 2024
Jul. 02, 2023
Income Statement [Abstract]        
Revenues $ 604,336 $ 692,245 $ 1,140,011 $ 1,334,034
Cost of sales (377,530) (430,917) (711,609) (826,601)
Gross profit 226,806 261,328 428,402 507,433
Selling, general and administrative expenses (119,497) (126,635) (230,265) (248,209)
Research and development expenses (28,457) (30,970) (55,456) (60,354)
Amortization of intangibles (9,940) (11,126) (20,749) (20,736)
Operating income 68,912 92,597 121,932 178,134
Interest expense, net (9,017) (8,812) (16,599) (17,013)
Non-operating pension benefit 230 646 461 1,134
Income before taxes 60,125 84,431 105,794 162,255
Income tax expense (11,091) (15,656) (19,451) (30,535)
Net income 49,034 68,775 86,343 131,720
Less: Net income (loss) attributable to noncontrolling interest (10) 22 (14) (225)
Net income attributable to Belden stockholders $ 49,044 $ 68,753 $ 86,357 $ 131,945
Weighted average number of common shares and equivalents:        
Basic (in shares) 40,690 42,497 40,838 42,663
Diluted (in shares) 41,204 43,088 41,348 43,380
Basic income per share attributable to Belden stockholders (in dollars per share) $ 1.21 $ 1.62 $ 2.11 $ 3.09
Diluted income per share attributable to Belden stockholders (in dollars per share) $ 1.19 $ 1.60 $ 2.09 $ 3.04
Comprehensive income attributable to Belden $ 55,956 $ 63,890 $ 102,417 $ 109,782
Common stock dividends declared per share (in usd per share) $ 0.05 $ 0.05 $ 0.10 $ 0.10