v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 28, 2019
Dec. 29, 2018
Dec. 30, 2017
Income Statement [Abstract]      
Net sales $ 554,665 $ 508,045 $ 342,839
Cost of sales 342,383 315,362 206,314
Gross profit 212,282 192,683 136,525
Selling, engineering and administrative expenses 99,665 93,867 65,580
Restructuring charges 1,724   1,031
Amortization of intangible assets 18,065 23,262 8,423
Loss on disposal of intangible asset 2,713    
Operating income 90,115 75,554 61,491
Interest expense, net 15,387 13,876 3,781
Foreign currency transaction (gain) loss, net (846) 3,558 (52)
Miscellaneous (income) expense, net (385) 243 742
Change in fair value of contingent consideration 652 1,482 9,476
Income before income taxes 75,307 56,395 47,544
Income tax provision 15,039 9,665 15,986
Net income $ 60,268 $ 46,730 $ 31,558
Basic and diluted net income per common share $ 1.88 $ 1.49 $ 1.17
Basic and diluted weighted average shares outstanding 32,015 31,309 27,031
Dividends declared per share $ 0.36 $ 0.36 $ 0.38

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