Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.6.0.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Dec. 27, 2014
Income Statement [Abstract]      
Net sales $ 196,934 $ 200,727 $ 227,673
Cost of sales 125,585 123,634 133,781
Gross profit 71,349 77,093 93,892
Selling, engineering and administrative expenses 36,890 30,202 29,821
Operating income 34,459 46,891 64,071
Interest income, net (790) (1,422) (1,592)
Foreign currency transaction gain, net (395) (1,104) (764)
Miscellaneous expense, net 743 187 685
Income before income taxes 34,901 49,230 65,742
Income tax provision 11,597 16,092 21,967
Net income $ 23,304 $ 33,138 $ 43,775
Basic net income per common share $ 0.87 $ 1.24 $ 1.65
Weighted average basic shares outstanding 26,892 26,687 26,456
Diluted net income per common share $ 0.87 $ 1.24 $ 1.65
Weighted average diluted shares outstanding 26,892 26,687 26,456
Dividends declared per share $ 0.40 $ 0.45 $ 1.45