Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Comprehensive Income

v3.10.0.1
Condensed Consolidated Statements Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Jun. 30, 2018
Jul. 01, 2017
Condensed Consolidated Statements Of Comprehensive Income [Abstract]        
Net sales $ 301,460 $ 257,063 $ 593,458 $ 512,386
Cost of sales 49,991 43,902 99,366 86,556
Gross profit 251,469 213,161 494,092 425,830
Operating expenses:        
Associate incentives 132,790 118,404 262,152 234,185
Selling, general and administrative 67,537 62,389 137,669 126,390
Total operating expenses 200,327 180,793 399,821 360,575
Earnings from operations 51,142 32,368 94,271 65,255
Other income (expense):        
Interest income 1,031 590 1,871 1,073
Interest expense (9) (11) (19) (21)
Other, net (634) (119) (602) (110)
Other income (expense), net 388 460 1,250 942
Earnings before income taxes 51,530 32,828 95,521 66,197
Income taxes 17,623 9,569 32,668 21,580
Net earnings $ 33,907 $ 23,259 $ 62,853 $ 44,617
Earnings per common share        
Basic $ 1.40 $ 0.95 $ 2.60 $ 1.82
Diluted $ 1.36 $ 0.93 $ 2.56 $ 1.78
Weighted average common shares outstanding        
Basic 24,193 24,574 24,134 24,537
Diluted 24,841 25,018 24,557 24,997
Comprehensive income:        
Net earnings $ 33,907 $ 23,259 $ 62,853 $ 44,617
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustment (11,520) 3,915 (3,706) 7,212
Tax benefit (expense) related to foreign currency translation adjustment 1,808 (1,769) 1,268 (1,976)
Other comprehensive income (loss), net of tax (9,712) 2,146 (2,438) 5,236
Comprehensive income $ 24,195 $ 25,405 $ 60,415 $ 49,853