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Consolidated Statements of Earnings - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 26, 2015
Jun. 27, 2014
Jun. 26, 2015
Jun. 27, 2014
Consolidated Statements of Earnings        
Net Sales $ 335,489 $ 322,549 $ 641,942 $ 612,511
Cost of products sold 154,866 145,699 299,190 276,349
Gross Profit 180,623 176,850 342,752 336,162
Product development 14,907 13,405 30,197 26,564
Selling, marketing and distribution 50,126 49,503 101,550 95,845
General and administrative 31,699 28,094 61,883 53,200
Operating Earnings 83,891 85,848 149,122 160,553
Interest expense 4,125 4,676 9,428 9,264
Held separate investment (income), net (158,833) (10,562) (188,356) (14,237)
Other expense (income), net (438) (202) 272 45
Earnings Before Income Taxes 239,037 91,936 327,778 165,481
Income taxes 66,400 25,700 86,300 48,500
Net Earnings $ 172,637 $ 66,236 $ 241,478 $ 116,981
Basic Net Earnings per Common Share $ 2.96 $ 1.10 $ 4.12 $ 1.93
Diluted Net Earnings per Common Share 2.90 1.07 4.02 1.88
Cash Dividends Declared per Common Share $ 0.30 $ 0.28 $ 0.60 $ 0.55