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Consolidated Statements Of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
SALES        
Product $ 55,432 $ 49,692 $ 109,856 $ 92,650
Service 11,330 10,019 22,135 19,627
Total Sales 66,762 59,711 131,991 112,277
COST OF SALES        
Product 22,320 19,349 42,826 34,922
Service 7,382 6,846 14,919 13,567
Total Cost of Sales (exclusive of depreciation and amortization, shown separately below) 29,702 26,195 57,745 48,489
GROSS PROFIT 37,060 33,516 74,246 63,788
OPERATING EXPENSES:        
Selling 15,841 15,309 31,879 29,461
General and administrative 8,134 6,917 14,762 13,507
Depreciation and amortization 1,689 1,722 3,368 3,336
Research and development 4,525 3,814 8,933 7,446
Total operating expenses 30,189 27,762 58,942 53,750
INCOME FROM OPERATIONS 6,871 5,754 15,304 10,038
OTHER (INCOME) EXPENSE        
Interest income (20) (39) (121) (65)
Other (income) expense, net 401 124 261 (5)
Interest expense 7 2 20 31
INCOME BEFORE INCOME TAX EXPENSE 6,483 5,667 15,144 10,077
INCOME TAX EXPENSE 1,749 1,434 3,660 2,601
NET INCOME $ 4,734 $ 4,233 $ 11,484 $ 7,476
NET INCOME PER SHARE - BASIC $ 0.28 $ 0.26 $ 0.68 $ 0.46
NET INCOME PER SHARE - DILUTED $ 0.28 $ 0.25 $ 0.67 $ 0.45
Weighted average shares - Basic 16,921,012 16,448,229 16,861,221 16,349,190
Weighted average shares - Diluted 17,140,115 16,845,877 17,157,185 16,724,019