Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Comprehensive Income

v3.3.0.814
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Oct. 03, 2015
Sep. 27, 2014
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 233,292 $ 191,944 $ 685,914 $ 562,601
Cost of sales 41,048 34,585 119,501 103,278
Gross profit 192,244 157,359 566,413 459,323
Operating expenses:        
Associate incentives 101,521 82,605 304,751 242,577
Selling, general and administrative 52,757 45,499 155,137 133,282
Total operating expenses 154,278 128,104 459,888 375,859
Earnings from operations 37,966 29,255 106,525 83,464
Other income (expense):        
Interest income 367 8 753 435
Interest expense (4) (5) (11) (11)
Other, net 78 (300) (219) (299)
Other income (expense), net 441 (297) 523 125
Earnings before income taxes 38,407 28,958 107,048 83,589
Income taxes 12,798 9,460 36,343 28,253
Net earnings $ 25,609 $ 19,498 $ 70,705 $ 55,336
Earnings per common share        
Basic $ 1.99 $ 1.51 $ 5.55 $ 4.09
Diluted $ 1.92 $ 1.47 $ 5.35 $ 3.96
Weighted average common shares outstanding        
Basic 12,852 12,873 12,747 13,520
Diluted 13,317 13,263 13,209 13,964
Comprehensive income:        
Net earnings $ 25,609 $ 19,498 $ 70,705 $ 55,336
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (4,990) (198) (6,374) (1,058)
Tax benefit (expense) related to foreign currency translation adjustment 1,831 57 2,355 447
Other comprehensive income (loss), net of tax (3,159) (141) (4,019) (611)
Comprehensive income $ 22,450 $ 19,357 $ 66,686 $ 54,725