Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (unaudited)

v3.4.0.3
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Net sales $ 51,028 $ 54,386
Cost of sales 31,487 32,992
Gross profit 19,541 21,394
Selling, engineering and administrative expenses 7,655 7,286
Operating income 11,886 14,108
Interest (income) expense, net (372) (316)
Foreign currency transaction (gain) loss, net (114) (960)
Miscellaneous (income) expense, net 176 26
Income before income taxes 12,196 15,358
Income tax provision 3,988 4,981
Net income $ 8,208 $ 10,377
Basic net income per common share (in dollars per share) $ 0.31 $ 0.39
Weighted average basic shares outstanding 26,804 26,605
Diluted net income per common share (in dollars per share) $ 0.31 $ 0.39
Weighted average diluted shares outstanding 26,804 26,605
Dividends declared per share (in dollars per share) $ 0.18 $ 0.18