Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (unaudited)

v3.7.0.1
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Income Statement [Abstract]    
Net sales $ 81,353 $ 51,028
Cost of sales 48,559 31,487
Gross profit 32,794 19,541
Selling, engineering and administrative expenses 14,700 7,468
Amortization of intangible assets 2,310 187
Operating income 15,784 11,886
Interest expense (income), net 625 (372)
Foreign currency transaction gain, net (46) (114)
Miscellaneous expense, net 66 176
Income before income taxes 15,139 12,196
Income tax provision 4,928 3,988
Net income $ 10,211 $ 8,208
Basic and diluted net income per common share $ 0.38 $ 0.31
Basic and diluted weighted average shares outstanding 26,946 26,804
Dividends declared per share $ 0.11 $ 0.13