XML 40 R22.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Note 13 - Selected Quarterly Financial Data (Unaudited) | 12 Months Ended
--- | ---
Dec. 30, 2017
Notes to Financial Statements |
Quarterly Financial Information [Text Block] | 1 3 . Selected Quarterly Financial Data (Unaudited) The quarterly periods for 201 7 are for the 13 -weeks ended December 30, 2017, September 30, 2017, July 1, 2017, and April 1, 2017, respectively. The quarterly periods for 2016 are for the 13 -weeks ended December 31, 2016, October 1, 2016, July 2, 2016, and April 2, 2016, respectively.
(in thousands, except per share data ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | 2017 |  |  | 2016 |
|  | 4Q (a) |  |  | 3 Q (b ) |  |  | 2 Q (c ) |  |  | 1 Q (d ) |  |  | 4Q (e ) |  |  | 3 Q (f ) |  |  | 2 Q (g ) |  |  | 1 Q (h ) |
Net sales |  | $ | 304,849 |  |  | $ | 317,889 |  |  | $ | 313,355 |  |  | $ | 285,441 |  |  | $ | 284,518 |  |  | $ | 280,331 |  |  | $ | 271,912 |  |  | $ | 219,398 |
Gross profit |  |  | 126,624 |  |  |  | 133,651 |  |  |  | 132,608 |  |  |  | 113,650 |  |  |  | 114,337 |  |  |  | 113,759 |  |  |  | 97,866 |  |  |  | 87,155 |
Operating income |  |  | 50,780 |  |  |  | 58,609 |  |  |  | 60,270 |  |  |  | 48,852 |  |  |  | 40,988 |  |  |  | 27,526 |  |  |  | 29,702 |  |  |  | 32,428 |
Net income/(loss) |  |  | (10,819 | ) |  |  | 42,808 |  |  |  | 48,638 |  |  |  | 38,891 |  |  |  | 27,245 |  |  |  | 30,802 |  |  |  | 27,152 |  |  |  | 19,289 |
Net income/(loss per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.48 | ) |  | $ | 1.88 |  |  | $ | 2.13 |  |  | $ | 1.71 |  |  | $ | 1.20 |  |  | $ | 1.36 |  |  | $ | 1.21 |  |  | $ | 0.86 |
Diluted |  | $ | (0.48 | ) |  | $ | 1.87 |  |  | $ | 2.11 |  |  | $ | 1.69 |  |  | $ | 1.19 |  |  | $ | 1.35 |  |  | $ | 1.20 |  |  | $ | 0.85 |
( a) | In the fourth quarter of 2017, the Company recorded an estimated one -time tax charge of $49 million for the enactment of the Tax Cuts and Jobs Act for deemed repatriation of unremitted earnings of foreign subsidiaries, $1.4 million in acquisition and integration costs and $0.7 million in restructuring and production costs related to the transfer of Asian operations.
( b) | In the third quarter of 2017, the Company recorded $4.8 million in acquisition and integration costs and $1.5 million in restructuring and production costs related to the transfer of Asian operations.
( c) | In the second quarter of 2017, the Company recorded $0.3 million in acquisition and integration costs.
( d) | In the first quarter of 2017, the Company $1.5 million in acquisition and integration costs
( e) | In the fourth quarter of 2016, the Company recorded ( $0.1 ) million gain related to the Company’s transfer of its reed sensor manufacturing operations from the U.S. and China to the Philippines, $1.2 million of restructuring costs, $3.2 million in acquisition and integration costs and $0.3 million in non-cash inventory charges related to the 2016 acquisitions.
( f) | In the third quarter of 2016, the Company recorded $0.9 million of restructuring costs, $5.9 million in acquisition and integration costs, $14.8 million of charges related to the impairment of the Custom Products reporting unit and $0.5 million in non-cash inventory charges as noted above.
( g) | In the second quarter of 2016, the Company recorded $0.7 million related to the reed sensor manufacturing transfer as noted above, $0.1 million of restructuring costs, $6.1 million in acquisition and integration costs, $0.3 million in charges related to the closure of the manufacturing facility in Denmark and $6.9 million in non-cash inventory charges as noted above.
( h) | In the first quarter of 2016, the Company recorded $1.0 million related to the reed sensor manufacturing transfer as noted above, $0.4 million of restructuring costs, $6.2 million in acquisition and integration costs, and $1.6 million in charges related to the closure of the manufacturing facility in Denmark.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration