v3.19.3
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2019
Sep. 29, 2018
Sep. 28, 2019
Sep. 29, 2018
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 260,598 $ 296,767 $ 789,604 $ 890,225
Cost of sales 47,819 51,877 140,214 151,243
Gross profit 212,779 244,890 649,390 738,982
Operating expenses:        
Associate incentives 111,059 130,264 345,100 392,416
Selling, general and administrative 66,262 69,112 202,671 206,781
Total operating expenses 177,321 199,376 547,771 599,197
Earnings from operations 35,458 45,514 101,619 139,785
Other income (expense):        
Interest income 966 1,269 3,751 3,140
Interest expense (22) (8) (44) (27)
Other, net (514) (249) (632) (851)
Other income (expense), net 430 1,012 3,075 2,262
Earnings before income taxes 35,888 46,526 104,694 142,047
Income taxes 11,666 15,486 34,922 48,154
Net earnings $ 24,222 $ 31,040 $ 69,772 $ 93,893
Earnings per common share        
Basic $ 1.09 $ 1.28 $ 3.04 $ 3.88
Diluted $ 1.09 $ 1.24 $ 3.01 $ 3.80
Weighted average common shares outstanding        
Basic 22,180 24,269 22,969 24,179
Diluted 22,223 25,001 23,173 24,705
Comprehensive income:        
Net earnings $ 24,222 $ 31,040 $ 69,772 $ 93,893
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (6,186) (6,381) (7,004) (10,087)
Tax benefit (expense) related to foreign currency translation adjustment 422 344 (630) 1,612
Other comprehensive income (loss), net of tax (5,764) (6,037) (7,634) (8,475)
Comprehensive income $ 18,458 $ 25,003 $ 62,138 $ 85,418

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