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Consolidated Condensed Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Oct. 04, 2015
Sep. 28, 2014
Oct. 04, 2015
Sep. 28, 2014
NET SALES $ 254,686,000 $ 252,191,000 $ 755,227,000 $ 731,807,000
Cost of Sales 156,720,000 168,596,000 470,577,000 483,141,000
GROSS PROFIT ON SALES 97,966,000 83,595,000 284,650,000 248,666,000
Selling, General and Administrative Expenses 66,664,000 63,958,000 198,729,000 192,659,000
Restructuring and Asset Impairment Charge 0 12,386,000 0 12,386,000
OPERATING INCOME 31,302,000 7,251,000 85,921,000 43,621,000
Interest Expense 1,348,000 5,614,000 5,026,000 16,532,000
Other Expense 657,000 931,000 1,483,000 777,000
INCOME BEFORE INCOME TAX EXPENSE 29,297,000 706,000 79,412,000 26,312,000
Income Tax Expense 9,170,000 1,082,000 25,241,000 9,592,000
NET INCOME (LOSS) $ 20,127,000 $ (376,000) $ 54,171,000 $ 16,720,000
Earnings (Loss) Per Share – Basic (in dollars per share) $ 0.31 $ (0.01) $ 0.82 $ 0.25
Earnings (Loss) Per Share – Diluted (in dollars per share) $ 0.31 $ (0.01) $ 0.82 $ 0.25
Common Shares Outstanding – Basic (in shares) 65,854,000 66,465,000 66,091,000 66,470,000
Common Shares Outstanding – Diluted (in shares) 65,907,000 66,465,000 66,139,000 66,554,000