Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations (unaudited)

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Consolidated Statements of Operations (unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 27, 2014
Sep. 28, 2013
Sep. 27, 2014
Sep. 28, 2013
Income Statement [Abstract]        
Net sales $ 55,011 $ 49,369 $ 172,870 $ 156,218
Cost of sales 32,720 29,755 100,756 92,699
Gross profit 22,291 19,614 72,114 63,519
Selling, engineering and administrative expenses 7,656 6,540 22,375 19,752
Operating income 14,635 13,074 49,739 43,767
Interest (income) expense, net (331) (272) (926) (709)
Foreign currency transaction (gain) loss, net (226) 82 (256) (68)
Miscellaneous (income) expense, net 191 470 548 80
Income before income taxes 15,001 12,794 50,373 44,464
Income tax provision 5,124 4,519 16,924 14,824
Net income $ 9,877 $ 8,275 $ 33,449 $ 29,640
Basic net income per common share (in dollars per share) $ 0.37 $ 0.32 $ 1.27 $ 1.13
Weighted average basic shares outstanding 26,455 26,247 26,425 26,206
Diluted net income per common share (in dollars per share) $ 0.37 $ 0.32 $ 1.27 $ 1.13
Weighted average diluted shares outstanding 26,455 26,247 26,425 26,206
Dividends declared per share (in dollars per share) $ 1.090 $ 0.09 $ 1.36 $ 0.36