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Consolidated Statements of Earnings (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Mar. 29, 2014
Mar. 30, 2013
Mar. 29, 2014
Mar. 30, 2013
Net Sales $ 205,321 $ 201,326 $ 408,844 $ 392,734
Cost of goods sold(1) 144,208 [1] 143,175 [1] 287,825 [1] 280,448
Gross Profit 61,113 58,151 121,019 112,286
Operating expenses        
Marketing (2) 17,519 [2] 16,809 [2] 35,551 [2] 33,945
Distribution (3) 16,382 [3] 15,713 [3] 32,502 [3] 31,113
Administrative (4) 6,781 [4] 6,460 [4] 13,765 [4] 13,059
Other general expense (income) 99 10 898 (51)
40,781 38,992 82,716 78,066
Operating Income 20,332 19,159 38,303 34,220
Investment income 976 896 2,114 1,672
Interest expense & other (27) (28) (63) (53)
Earnings before income taxes 21,281 20,027 40,354 35,839
Income taxes 7,760 7,367 14,407 12,953
NET EARNINGS $ 13,521 $ 12,660 $ 25,947 $ 22,886
Earnings per diluted share (in Dollars per share) $ 0.72 $ 0.67 $ 1.38 $ 1.21
Weighted average number of diluted shares (in Shares) 18,819 18,886 18,806 18,878
Earnings per basic share (in Dollars per share) $ 0.72 $ 0.67 $ 1.39 $ 1.22
Weighted average number of basic shares (in Shares) 18,693 18,800 18,686 18,803
[1] Includes share-based compensation expense of $117 and $235 for the three months and six months ended March 29, 2014, respectively and $102 and $227 for the three months and six months ended March 30, 2013.
[2] Includes share-based compensation expense of $170 and $340 for the three months and six months ended March 29,2014, respectively and $137 and $310 for the three months and six months ended March 30, 2013.
[3] Includes share-based compensation expense of $11 and $21 for the three months and six months ended March 29, 2014, respectively and $7 and $15 for the three months and six months ended March 30, 2013.
[4] Includes share-based compensation expense of $227 and $453 for the three months and six months ended March 29, 2014, respectively and $163 and $364 for the three months and six months ended March 30, 2013.