v3.20.2
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 258,991 $ 256,016 $ 525,610 $ 529,006
Cost of sales 47,674 46,494 93,733 92,395
Gross profit 211,317 209,522 431,877 436,611
Operating expenses:        
Associate incentives 110,852 111,511 226,921 234,041
Selling, general and administrative 60,879 66,854 126,358 136,409
Total operating expenses 171,731 178,365 353,279 370,450
Earnings from operations 39,586 31,157 78,598 66,161
Other income (expense):        
Interest income 435 1,301 1,419 2,785
Interest expense (217) (10) (238) (22)
Other, net 175 64 (637) (118)
Other income (expense), net 393 1,355 544 2,645
Earnings before income taxes 39,979 32,512 79,142 68,806
Income taxes 12,002 11,134 24,613 23,256
Net earnings $ 27,977 $ 21,378 $ 54,529 $ 45,550
Earnings per common share        
Basic $ 1.33 $ 0.92 $ 2.56 $ 1.95
Diluted $ 1.32 $ 0.91 $ 2.56 $ 1.93
Weighted average common shares outstanding        
Basic 21,034 23,245 21,265 23,364
Diluted 21,129 23,370 21,340 23,648
Comprehensive income:        
Net earnings $ 27,977 $ 21,378 $ 54,529 $ 45,550
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment 1,861 (5,592) (4,376) (818)
Tax benefit (expense) related to foreign currency translation adjustment (1,892) 242 (853) (1,052)
Other comprehensive income (loss), net of tax (31) (5,350) (5,229) (1,870)
Comprehensive income $ 27,946 $ 16,028 $ 49,300 $ 43,680

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