XML 11 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2023
Apr. 01, 2022
Mar. 31, 2023
Apr. 01, 2022
Net sales $ 202,115 $ 189,623 $ 380,452 $ 343,147
Cost of sales 126,780 121,038 242,338 213,931
Gross profit 75,335 68,585 138,114 129,216
Operating expenses:        
Marketing and selling 40,583 35,691 74,081 63,923
Administrative management, finance and information systems 15,022 10,249 31,306 22,479
Research and development 8,340 7,216 15,865 13,625
Total operating expenses 63,945 53,156 121,252 100,027
Operating profit 11,390 15,429 16,862 29,189
Interest income (735) (102) (1,562) (195)
Interest expense 38 49 75 87
Other (income) expense, net (7,861) 2,272 (9,765) 1,498
Profit before income taxes 19,948 13,210 28,114 27,799
Income tax expense 5,087 3,310 7,374 7,043
Net income $ 14,861 $ 9,900 $ 20,740 $ 20,756
Weighted average common shares - Basic:        
Participating securities (in shares) 20 28 17 32
Weighted average common shares - Dilutive (in shares) 10,198 10,150 10,179 10,142
Class A        
Weighted average common shares - Basic:        
Weighted average common shares - Basic (in shares) 8,970 8,914 8,954 8,902
Net income per common share - Basic:        
Net income per common share - Basic (in USD per share) $ 1.47 $ 0.99 $ 2.05 $ 2.07
Net income per common share - Diluted:        
Net income per common share - Diluted (in USD per share) $ 1.45 $ 0.97 $ 2.02 $ 2.04
Class B        
Weighted average common shares - Basic:        
Weighted average common shares - Basic (in shares) 1,208 1,208 1,208 1,208
Net income per common share - Basic:        
Net income per common share - Basic (in USD per share) $ 1.33 $ 0.90 $ 1.86 $ 1.88
Net income per common share - Diluted:        
Net income per common share - Diluted (in USD per share) $ 1.45 $ 0.97 $ 2.02 $ 2.04