|
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
|
3 Months Ended |
|
Mar. 29, 2015
|
Mar. 30, 2014
|
| Income Statement [Abstract] |
|
|
| Net sales |
$ 665,281 |
$ 644,039 |
| Cost of products sold |
493,564 |
477,378 |
| Gross profit |
171,717 |
166,661 |
| Operating expenses |
|
|
| Marketing and selling expenses |
47,009 |
44,128 |
| Administrative expenses |
27,786 |
25,977 |
| Research and development expenses |
3,052 |
2,482 |
| Other expense (income), net |
5,401 |
3,983 |
| Total operating (income) expenses |
83,248 |
76,570 |
| Earnings before interest and taxes |
88,469 |
90,091 |
| Interest expense |
21,628 |
24,367 |
| Interest income |
153 |
26 |
| Earnings before income taxes |
66,994 |
65,750 |
| Provision for income taxes |
25,458 |
25,002 |
| Net earnings |
$ 41,536 |
$ 40,748 |
| Net loss per share |
|
|
| Basic (in dollars per share) |
$ 0.36 |
$ 0.35 |
| Weighted average shares outstanding- basic (in shares) |
115,906,031 |
115,592,299 |
| Diluted (in dollars per share) |
$ 0.35 |
$ 0.35 |
| Weighted average shares outstanding- diluted (in shares) |
117,036,406 |
116,686,901 |
| Dividends per share |
$ 0.235 |
$ 0.21 |