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Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 25, 2015
Sep. 26, 2014
Sep. 25, 2015
Sep. 26, 2014
Income Statement [Abstract]        
Net Sales $ 318,986 $ 302,614 $ 960,928 $ 915,125
Cost of products sold 148,790 136,800 447,980 413,149
Gross Profit 170,196 165,814 512,948 501,976
Product development 14,783 13,785 44,980 40,349
Selling, marketing and distribution 48,374 47,466 149,924 143,311
General and administrative 30,112 25,656 91,995 78,856
Operating Earnings 76,927 78,907 226,049 239,460
Interest expense 4,025 4,566 13,453 13,830
Held separate investment (income), net (2,388) (8,520) (190,744) (22,757)
Other expense (income), net 1,389 310 1,661 355
Earnings Before Income Taxes 73,901 82,551 401,679 248,032
Income taxes 23,210 23,000 109,510 71,500
Net Earnings $ 50,691 $ 59,551 $ 292,169 $ 176,532
Basic net earnings (in dollars per share) $ 0.88 $ 0.99 $ 5.02 $ 2.92
Diluted net earnings (in dollars per share) 0.86 0.97 4.90 2.85
Cash dividends declared (in dollars per share) $ 0.30 $ 0.28 $ 0.90 $ 0.83