v3.10.0.1
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Sep. 29, 2018
Sep. 30, 2017
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 296,767 $ 261,765 $ 890,225 $ 774,151
Cost of sales 51,877 47,135 151,243 133,691
Gross profit 244,890 214,630 738,982 640,460
Operating expenses:        
Associate incentives 130,264 116,010 392,416 350,195
Selling, general and administrative 69,112 67,263 206,781 193,653
Total operating expenses 199,376 183,273 599,197 543,848
Earnings from operations 45,514 31,357 139,785 96,612
Other income (expense):        
Interest income 1,269 571 3,140 1,644
Interest expense (8) (10) (27) (31)
Other, net (249) 129 (851) 19
Other income (expense), net 1,012 690 2,262 1,632
Earnings before income taxes 46,526 32,047 142,047 98,244
Income taxes 15,486 8,278 48,154 29,858
Net earnings $ 31,040 $ 23,769 $ 93,893 $ 68,386
Earnings per common share        
Basic $ 1.28 $ 0.98 $ 3.88 $ 2.80
Diluted $ 1.24 $ 0.97 $ 3.80 $ 2.75
Weighted average common shares outstanding        
Basic 24,269 24,283 24,179 24,462
Diluted 25,001 24,588 24,705 24,871
Comprehensive income:        
Net earnings $ 31,040 $ 23,769 $ 93,893 $ 68,386
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (6,381) 2,941 (10,087) 10,153
Tax benefit (expense) related to foreign currency translation adjustment 344 (625) 1,612 (2,601)
Other comprehensive income (loss), net of tax (6,037) 2,316 (8,475) 7,552
Comprehensive income $ 25,003 $ 26,085 $ 85,418 $ 75,938

Source