Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Comprehensive Income

v3.2.0.727
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 04, 2015
Jun. 28, 2014
Jul. 04, 2015
Jun. 28, 2014
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 233,244 $ 188,256 $ 452,622 $ 370,657
Cost of sales 40,089 34,865 78,453 68,693
Gross profit 193,155 153,391 374,169 301,964
Operating expenses:        
Associate incentives 101,877 81,098 203,230 159,972
Selling, general and administrative 52,505 43,206 102,380 87,783
Total operating expenses 154,382 124,304 305,610 247,755
Earnings from operations 38,773 29,087 68,559 54,209
Other income (expense):        
Interest income 232 215 386 427
Interest expense (7)   (7) (6)
Other, net (311) 82 (297) 1
Other income (expense), net (86) 297 82 422
Earnings before income taxes 38,687 29,384 68,641 54,631
Income taxes 13,271 10,083 23,545 18,793
Net earnings $ 25,416 $ 19,301 $ 45,096 $ 35,838
Earnings per common share        
Basic $ 1.99 $ 1.40 $ 3.55 $ 2.59
Diluted $ 1.92 $ 1.36 $ 3.43 $ 2.50
Weighted average common shares outstanding        
Basic 12,740 13,768 12,694 13,843
Diluted 13,225 14,235 13,155 14,315
Comprehensive income:        
Net earnings $ 25,416 $ 19,301 $ 45,096 $ 35,838
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (1,947) 802 (1,384) (860)
Tax benefit (expense) related to foreign currency translation adjustment 744 (262) 524 390
Other comprehensive income (loss), net of tax (1,203) 540 (860) (470)
Comprehensive income $ 24,213 $ 19,841 $ 44,236 $ 35,368