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Condensed Consolidated Statement of Income Statement - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2017
Jul. 02, 2016
Jul. 01, 2017
Jul. 02, 2016
Sales Revenue, Goods, Net $ 182,802 $ 164,607 $ 360,899 $ 327,897
Royalty 10,131 8,029 18,336 15,906
Total revenue 192,933 172,636 379,235 343,803
Cost of goods sold 64,496 57,501 126,664 114,455
Gross profit 128,437 115,135 252,571 229,348
Selling, general and administrative 66,377 63,888 131,949 126,399
Research and Development Expense 15,192 14,818 30,559 29,183
Operating Expenses 81,569 78,706 162,508 155,582
Operating Income (Loss) 46,868 36,429 90,063 73,766
Nonoperating Income (Expense) 158 471 1,032 969
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 47,026 36,900 91,095 74,735
Provision for income taxes 346 6,877 (919) 17,135
Net income including noncontrolling interest 46,680 30,023 92,014 57,600
Net income attributable to Masimo Corporation stockholders 46,680 30,023 92,014 57,600
Foreign currency translation adjustments 2,300 (1,209) 2,866 190
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ 48,980 $ 28,814 $ 94,880 $ 57,790
Basic (in usd per share) $ 0.90 $ 0.61 $ 1.80 $ 1.17
Diluted (in usd per share) $ 0.83 $ 0.57 $ 1.65 $ 1.10
Basic (in shares) 51,677 49,256 51,164 49,340
Diluted (in shares) 56,173 52,703 55,867 52,404