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Condensed Consolidated Statement of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Jul. 04, 2015
Jun. 28, 2014
Product $ 147,612 $ 133,493 $ 294,969 $ 265,725
Royalty 8,114 7,430 15,294 15,012
Total revenue 155,726 140,923 310,263 280,737
Cost of goods sold 52,825 47,828 104,257 95,341
Gross profit 102,901 93,095 206,006 185,396
Selling, general and administrative 61,666 61,347 122,465 117,469
Research and Development Expense 13,394 13,343 28,323 27,339
Litigation award and defense costs 0 0 0 (8,010)
Operating Expenses 75,060 74,690 150,788 136,798
Operating income 27,841 18,405 55,218 48,598
Nonoperating Income (Expense) (1,125) 323 (972) 523
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 26,716 18,728 54,246 49,121
Provision for income taxes 8,020 4,776 15,728 12,678
Net income including noncontrolling interest 18,696 13,952 38,518 36,443
Net loss attributable to noncontrolling interest 655 (150) 1,356 (9)
Net income attributable to Masimo Corporation stockholders 19,351 13,802 39,874 36,434
Foreign currency translation adjustments 584 (1,729) (2,358) (1,710)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ 19,935 $ 12,073 $ 37,516 $ 34,724
Diluted (in usd per share) $ 0.36 $ 0.24 $ 0.74 $ 0.63
Basic (in usd per share) $ 0.38 $ 0.25 $ 0.77 $ 0.65
Basic (in shares) 51,300 55,876 51,993 56,290
Diluted (in shares) 53,675 56,818 53,908 57,403