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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 05, 2015
Jun. 29, 2014
Jul. 05, 2015
Jun. 29, 2014
Revenues:        
Products $ 437,243 $ 452,488 $ 709,568 $ 707,874
Services 75,496 73,079 145,572 138,703
Total revenues 512,739 525,567 855,140 846,577
Cost of revenues:        
Cost of products 181,491 202,411 300,487 326,859
Cost of services 32,680 32,743 63,662 62,258
Total cost of revenues (exclusive of acquired intangible assets amortization shown separately below) 214,171 235,154 364,149 389,117
Gross profit 298,568 290,413 490,991 457,460
Operating expenses:        
Engineering and development 75,832 73,414 147,282 140,499
Selling and administrative 77,073 77,489 149,114 155,492
Acquired intangible assets amortization 15,258 18,271 29,066 36,542
Restructuring and other (385) 572 (385) 572
Total operating expenses 167,778 169,746 325,077 333,105
Income from operations 130,790 120,667 165,914 124,355
Non-operating (income) expense:        
Interest income (1,674) (1,266) (3,490) (2,302)
Interest expense 444 159 606 6,576
Other (income) expense, net (116) 382 (5,776) 562
Income before income taxes [1],[2] 132,136 121,392 174,574 119,519
Income tax provision 29,257 20,187 38,908 17,385
Net income $ 102,879 $ 101,205 $ 135,666 $ 102,134
Net income per common share:        
Basic $ 0.48 $ 0.52 $ 0.63 $ 0.53
Diluted $ 0.48 $ 0.47 $ 0.62 $ 0.45
Weighted average common shares-basic 213,845 194,408 215,516 193,860
Weighted average common shares-diluted 215,496 216,568 217,154 226,526
Cash dividend declared per common share $ 0.06   $ 0.12 $ 0.06
[1] Included in the income (loss) before income taxes for each of the segments are charges related to inventory and other.
[2] Interest income, interest expense, and other (income) expense, net are included in Corporate and Eliminations.