v3.19.1
Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales $ 146,851 $ 97,318
Cost of sales 90,342 59,701
Gross profit 56,509 37,617
Selling, engineering and administrative expenses 26,156 18,315
Amortization of intangible assets 4,521 2,049
Operating income 25,832 17,253
Interest expense, net 4,385 483
Foreign currency transaction (gain) loss, net (439) 511
Miscellaneous expense (income), net 108 (36)
Change in fair value of contingent consideration 719 402
Income before income taxes 21,059 15,893
Income tax provision 4,655 3,982
Net income $ 16,404 $ 11,911
Basic and diluted net income per common share $ 0.51 $ 0.40
Basic and diluted weighted average shares outstanding 31,978 29,811
Dividends declared per share $ 0.09 $ 0.09

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