Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Comprehensive Income

v3.5.0.2
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 02, 2016
Jul. 04, 2015
Jul. 02, 2016
Jul. 04, 2015
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 258,514 $ 233,244 $ 498,963 $ 452,622
Cost of sales 45,970 40,089 88,890 78,453
Gross profit 212,544 193,155 410,073 374,169
Operating expenses:        
Associate incentives 115,331 101,877 222,725 203,230
Selling, general and administrative 59,764 52,505 116,395 102,380
Total operating expenses 175,095 154,382 339,120 305,610
Earnings from operations 37,449 38,773 70,953 68,559
Other income (expense):        
Interest income 323 232 761 386
Interest expense (176) (7) (378) (7)
Other, net 72 (311) (660) (297)
Other income (expense), net 219 (86) (277) 82
Earnings before income taxes 37,668 38,687 70,676 68,641
Income taxes 11,906 13,271 22,615 23,545
Net earnings $ 25,762 $ 25,416 $ 48,061 $ 45,096
Earnings per common share        
Basic $ 2.15 $ 1.99 $ 3.99 $ 3.55
Diluted $ 2.07 $ 1.92 $ 3.84 $ 3.43
Weighted average common shares outstanding        
Basic 11,978 12,740 12,040 12,694
Diluted 12,458 13,225 12,525 13,155
Comprehensive income:        
Net earnings $ 25,762 $ 25,416 $ 48,061 $ 45,096
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (4,433) (1,947) (2,302) (1,384)
Tax benefit (expense) related to foreign currency translation adjustment 2,870 744 2,170 524
Other comprehensive income (loss), net of tax (1,563) (1,203) (132) (860)
Comprehensive income $ 24,199 $ 24,213 $ 47,929 $ 44,236