XML 52 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Apr. 01, 2012
Mar. 27, 2011
Condensed Consolidated Statements Of Income [Abstract]    
Net revenues $ 387,757 $ 354,004
Cost of goods sold 201,922 189,500
Gross profit 185,835 164,504
Selling, general and administrative expenses 113,378 103,206
Research and development expenses 11,562 11,038
Goodwill impairment 332,128  
Restructuring and other impairment charges (838) 595
Income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes (270,395) 49,665
Interest expense 18,211 16,146
Interest income (478) (105)
Loss on extinguishments of debt   14,597
Income (loss) from continuing operations before taxes (288,128) 19,027
Taxes (benefit) on income from continuing operations (4,019) 4,915
Income (loss) from continuing operations (284,109) 14,112
Operating income from discontinued operations (including gain on disposal of $56,773 in 2011) 946 63,756
Taxes (benefit) on income from discontinued operations 345 (326)
Income from discontinued operations 601 64,082
Net income (loss) (283,508) 78,194
Less: Income from continuing operations attributable to noncontrolling interest 227 223
Income from discontinued operations attributable to noncontrolling interest   159
Net income (loss) attributable to common shareholders (283,735) 77,812
Basic:    
Income (loss) from continuing operations $ (6.97) $ 0.35
Income from discontinued operations $ 0.01 $ 1.59
Net income (loss) $ (6.96) $ 1.94
Diluted:    
Income (loss) from continuing operations $ (6.97) $ 0.34
Income from discontinued operations $ 0.01 $ 1.58
Net income (loss) $ (6.96) $ 1.92
Dividends per share $ 0.34 $ 0.34
Weighted average common shares outstanding:    
Basic 40,769 40,057
Diluted 40,769 40,424
Amounts attributable to common shareholders:    
Income (loss) from continuing operations, net of tax (284,336) 13,889
Income from discontinued operations, net of tax 601 63,923
Net income (loss) $ (283,735) $ 77,812