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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 29, 2014
Jun. 30, 2013
Jun. 29, 2014
Jun. 30, 2013
Net revenues $ 468,105 $ 420,059 $ 906,651 $ 831,936
Cost of goods sold 224,017 210,569 441,404 421,926
Gross profit 244,088 209,490 465,247 410,010
Selling, general and administrative expenses 146,843 116,253 287,140 243,203
Research and development expenses 14,870 16,524 28,932 31,531
Restructuring and other impairment charges 7,623 12,962 15,403 22,121
Income from continuing operations before interest and taxes 74,752 63,751 133,772 113,155
Interest expense 16,062 14,425 31,466 28,618
Interest income (146) (157) (333) (314)
Income from continuing operations before taxes 58,836 49,483 102,639 84,851
Taxes on income from continuing operations 10,006 6,082 18,540 13,749
Income from continuing operations 48,830 43,401 84,099 71,102
Operating loss from discontinued operations (1,594) (1,026) (1,619) (1,784)
Tax benefit on loss from discontinued operations (469) (260) (369) (556)
Loss from discontinued operations (1,125) (766) (1,250) (1,228)
Net income 47,705 42,635 82,849 69,874
Less: Income from continuing operations attributable to noncontrolling interest 453 194 639 395
Net income attributable to common shareholders 47,252 42,441 82,210 69,479
Basic:        
Income from continuing operations $ 1.17 $ 1.05 $ 2.02 $ 1.72
Loss from discontinued operations $ (0.03) $ (0.02) $ (0.03) $ (0.03)
Net income $ 1.14 $ 1.03 $ 1.99 $ 1.69
Diluted:        
Income from continuing operations $ 1.04 $ 0.99 $ 1.81 $ 1.64
Loss from discontinued operations $ (0.02) $ (0.01) $ (0.03) $ (0.03)
Net income $ 1.02 $ 0.98 $ 1.78 $ 1.61
Dividends per share $ 0.34 $ 0.34 $ 0.68 $ 0.68
Weighted average common shares outstanding        
Basic 41,380 41,115 41,321 41,064
Diluted 46,392 43,429 46,071 43,238
Amounts attributable to common shareholders:        
Income from continuing operations, net of tax 48,377 43,207 83,460 70,707
Loss from discontinued operations, net of tax (1,125) (766) (1,250) (1,228)
Net income $ 47,252 $ 42,441 $ 82,210 $ 69,479