Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Comprehensive Income

v3.8.0.1
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Sep. 30, 2017
Oct. 01, 2016
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 261,765 $ 254,219 $ 774,151 $ 753,182
Cost of sales 47,135 44,979 133,691 133,869
Gross profit 214,630 209,240 640,460 619,313
Operating expenses:        
Associate incentives 116,010 112,816 350,195 335,541
Selling, general and administrative 67,263 60,591 193,653 176,986
Total operating expenses 183,273 173,407 543,848 512,527
Earnings from operations 31,357 35,833 96,612 106,786
Other income (expense):        
Interest income 571 338 1,644 1,099
Interest expense (10) (46) (31) (424)
Other, net 129 (24) 19 (684)
Other income (expense), net 690 268 1,632 (9)
Earnings before income taxes 32,047 36,101 98,244 106,777
Income taxes 8,278 6,003 29,858 28,618
Net earnings $ 23,769 $ 30,098 $ 68,386 $ 78,159
Earnings per common share        
Basic $ 0.98 $ 1.24 $ 2.80 $ 3.24
Diluted $ 0.97 $ 1.20 $ 2.75 $ 3.12
Weighted average common shares outstanding        
Basic 24,283 24,178 24,462 24,112
Diluted 24,588 25,050 24,871 25,050
Comprehensive income:        
Net earnings $ 23,769 $ 30,098 $ 68,386 $ 78,159
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment 2,941 (341) 10,153 (2,643)
Tax benefit (expense) related to foreign currency translation adjustment (625) (515) (2,601) 1,655
Other comprehensive income (loss), net of tax 2,316 (856) 7,552 (988)
Comprehensive income $ 26,085 $ 29,242 $ 75,938 $ 77,171