v3.21.1
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 03, 2021
Mar. 28, 2020
Net sales $ 307,976 $ 266,619
Cost of sales 57,651 46,059
Gross profit 250,325 220,560
Operating expenses:    
Associate incentives 134,495 116,069
Selling, general and administrative 71,633 65,479
Total operating expenses 206,128 181,548
Earnings from operations 44,197 39,012
Other income (expense):    
Interest income 760 984
Interest expense (5) (21)
Other, net (616) (812)
Other income (expense), net 139 151
Earnings before income taxes 44,336 39,163
Income taxes 13,715 12,611
Net earnings $ 30,621 $ 26,552
Earnings per common share    
Basic (in dollars per share) $ 1.47 $ 1.24
Diluted (in dollars per share) $ 1.45 $ 1.23
Weighted average common shares outstanding    
Basic (in shares) 20,892 21,497
Diluted (in shares) 21,096 21,551
Comprehensive income:    
Net earnings $ 30,621 $ 26,552
Other comprehensive income (loss), net of tax:    
Foreign currency translation adjustment (2,531) (6,237)
Tax benefit (expense) related to foreign currency translation adjustment 1,616 1,039
Other comprehensive income (loss), net of tax (915) (5,198)
Comprehensive income $ 29,706 $ 21,354

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