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 9 Months Ended
Oct. 01, 2016
Oct. 03, 2015
Oct. 01, 2016
Oct. 03, 2015
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 254,219 $ 233,292 $ 753,182 $ 685,914
Cost of sales 44,979 41,048 133,869 119,501
Gross profit 209,240 192,244 619,313 566,413
Operating expenses:        
Associate incentives 112,816 101,521 335,541 304,751
Selling, general and administrative 60,591 52,757 176,986 155,137
Total operating expenses 173,407 154,278 512,527 459,888
Earnings from operations 35,833 37,966 106,786 106,525
Other income (expense):        
Interest income 338 367 1,099 753
Interest expense (46) (4) (424) (11)
Other, net (24) 78 (684) (219)
Other income (expense), net 268 441 (9) 523
Earnings before income taxes 36,101 38,407 106,777 107,048
Income taxes 6,003 12,798 28,618 36,343
Net earnings $ 30,098 $ 25,609 $ 78,159 $ 70,705
Earnings per common share        
Basic $ 2.49 $ 1.99 $ 6.48 $ 5.55
Diluted $ 2.40 $ 1.92 $ 6.24 $ 5.35
Weighted average common shares outstanding        
Basic 12,089 12,852 12,056 12,747
Diluted 12,525 13,317 12,525 13,209
Comprehensive income:        
Net earnings $ 30,098 $ 25,609 $ 78,159 $ 70,705
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (341) (4,990) (2,643) (6,374)
Tax benefit (expense) related to foreign currency translation adjustment (515) 1,831 1,655 2,355
Other comprehensive income (loss), net of tax (856) (3,159) (988) (4,019)
Comprehensive income $ 29,242 $ 22,450 $ 77,171 $ 66,686