Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (unaudited)

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Consolidated Statements of Operations (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Sep. 28, 2013
Sep. 29, 2012
Income Statement [Abstract]        
Net sales $ 49,369 $ 48,825 $ 156,218 $ 161,131
Cost of sales 29,755 29,428 92,699 96,546
Gross profit 19,614 19,397 63,519 64,585
Selling, engineering and administrative expenses 6,540 6,202 19,752 19,662
Operating income 13,074 13,195 43,767 44,923
Interest (income) expense, net (272) (406) (709) (1,041)
Foreign currency transaction (gain) loss, net 82 2 (68) (75)
Miscellaneous (income) expense, net 470 6 80 (158)
Income before income taxes 12,794 13,593 44,464 46,197
Income tax provision 4,519 4,758 14,824 15,493
Net income $ 8,275 $ 8,835 $ 29,640 $ 30,704
Basic net income per common share (in dollars per share) $ 0.32 $ 0.34 $ 1.13 $ 1.19
Weighted average basic shares outstanding 26,247 25,989 26,206 25,904
Diluted net income per common share (in dollars per share) $ 0.32 $ 0.34 $ 1.13 $ 1.18
Weighted average diluted shares outstanding 26,247 25,999 26,206 25,937
Dividends declared per share (in dollars per share) $ 0.090 $ 0.090 $ 0.36 $ 0.39