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Consolidated Statements of (Loss) Earnings - Unaudited - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 27, 2015 | Sep. 28, 2014 | Sep. 27, 2015 | Sep. 28, 2014
CONDENSED CONSOLIDATED STATEMENTS OF (LOSS) EARNINGS UNAUDITED |  |  |  |
Net sales | $ 90,646 | $ 99,957 | $ 289,028 | $ 303,643
Costs and expenses: |  |  |  |
Cost of goods sold | 59,200 | 67,458 | 192,073 | 206,706
Selling, general and administrative expenses | 12,690 | 13,899 | 43,625 | 43,353
Research and development expenses | 5,692 | 5,807 | 16,378 | 16,765
Environmental charge | 14,541 |  | 14,541 |
Restructuring and impairment charges | 2,373 | 1,570 | 5,229 | 4,806
Operating (loss) earnings | (3,850) | 11,223 | 17,182 | 32,013
Other (expense) income: |  |  |  |
Interest expense | (714) | (568) | (1,955) | (1,763)
Interest income | 713 | 707 | 2,354 | 1,959
Other | (3,072) | 562 | (4,641) | (1,618)
Total other (expense) income | (3,073) | 701 | (4,242) | (1,422)
(Loss) earnings before income taxes | (6,923) | 11,924 | 12,940 | 30,591
Income tax (benefit) expense | (2,163) | 3,807 | (7,667) | 11,033
Net (loss) earnings | $ (4,760) | $ 8,117 | $ 20,607 | $ 19,558
(Loss) earnings per share: |  |  |  |
Basic (in dollars per share) | $ (0.15) | $ 0.24 | $ 0.62 | $ 0.58
Diluted (in dollars per share) | $ (0.15) | $ 0.24 | $ 0.61 | $ 0.57
Basic weighted - average common shares outstanding (in shares): | 32,770 | 33,599 | 33,083 | 33,683
Effect of dilutive securities (in shares) |  | 508 | 485 | 515
Diluted weighted - average common shares outstanding (in shares) | 32,770 | 34,107 | 33,568 | 34,198
Cash dividends declared per share (in dollars per share) | $ 0.040 | $ 0.040 | $ 0.120 | $ 0.120

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