XML 14 R3.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenues $ 624,861 $ 535,675
Cost of sales (379,021) (334,079)
Gross profit 245,840 201,596
Selling, general and administrative expenses (131,522) (110,768)
Research and development expenses (28,417) (26,999)
Amortization of intangibles (13,275) (10,809)
Operating income 72,626 53,020
Interest expense, net (10,104) (7,582)
Non-operating pension benefit (cost) (441) 231
Income before taxes 62,081 45,669
Income tax expense (10,144) (8,360)
Net income 51,937 37,309
Less: Net loss attributable to noncontrolling interest 0 (4)
Net income attributable to Belden stockholders $ 51,937 $ 37,313
Weighted average number of common shares and equivalents:    
Basic (in shares) 40,166 40,986
Diluted (in shares) 40,844 41,491
Basic income per share attributable to Belden stockholders (in usd per share) $ 1.29 $ 0.91
Diluted income per share attributable to Belden stockholders (in usd per share) $ 1.27 $ 0.90
Comprehensive income attributable to Belden $ 14,787 $ 46,461
Common stock dividends declared per share (in usd per share) $ 0.05 $ 0.05