v3.19.2
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 256,016 $ 301,460 $ 529,006 $ 593,458
Cost of sales 46,494 49,991 92,395 99,366
Gross profit 209,522 251,469 436,611 494,092
Operating expenses:        
Associate incentives 111,511 132,790 234,041 262,152
Selling, general and administrative 66,854 67,537 136,409 137,669
Total operating expenses 178,365 200,327 370,450 399,821
Earnings from operations 31,157 51,142 66,161 94,271
Other income (expense):        
Interest income 1,301 1,031 2,785 1,871
Interest expense (10) (9) (22) (19)
Other, net 64 (634) (118) (602)
Other income (expense), net 1,355 388 2,645 1,250
Earnings before income taxes 32,512 51,530 68,806 95,521
Income taxes 11,134 17,623 23,256 32,668
Net earnings $ 21,378 $ 33,907 $ 45,550 $ 62,853
Earnings per common share        
Basic $ 0.92 $ 1.40 $ 1.95 $ 2.60
Diluted $ 0.91 $ 1.36 $ 1.93 $ 2.56
Weighted average common shares outstanding        
Basic 23,245 24,193 23,364 24,134
Diluted 23,370 24,841 23,648 24,557
Comprehensive income:        
Net earnings $ 21,378 $ 33,907 $ 45,550 $ 62,853
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (5,592) (11,520) (818) (3,706)
Tax benefit (expense) related to foreign currency translation adjustment 242 1,808 (1,052) 1,268
Other comprehensive income (loss), net of tax (5,350) (9,712) (1,870) (2,438)
Comprehensive income $ 16,028 $ 24,195 $ 43,680 $ 60,415

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