Belden Inc
(NYSE:BDC)

Belden Inc. operates as a signal transmission solutions company in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. It operates in two segments, Enterprise Solutions and Industrial Solutions. The Enterprise Solutions segment offers copper cable and connectivity solutions, fiber c...

Website: http://www.belden.com

Founded: 1902

Full Time Employees: 7,000

Sector: Industrials

Industry: Electrical Equipment & Parts

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Quarterly

Annual

Unit: USD	2026-03-29	2025-12-31	2025-09-28	2025-06-29	2025-03-30	2024-12-31	2024-09-29	2024-06-30	2024-03-31	2023-12-31	2023-10-01	2023-07-02	2023-04-02	2022-12-31	2022-10-02	2022-07-03	2022-04-03	2021-12-31	2021-10-03	2021-07-04	2021-04-04	2020-12-31	2020-09-27	2020-06-28	2020-03-29	2019-12-31	2019-09-29	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-07-01	2018-04-01	2017-12-31	2017-10-01	2017-07-02	2017-04-02	2016-12-31	2016-10-02	2016-07-03	2016-04-03	2015-12-31	2015-09-27	2015-06-28	2015-03-29	2014-12-31	2014-09-28	2014-06-29	2014-03-30	2013-12-31	2013-09-29	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-07-01	2012-04-01	2011-12-31	2011-10-02	2011-07-03	2011-04-03	2010-12-31	2010-10-03	2010-07-04	2010-04-04	2009-12-31	2009-09-27	2009-06-28	2009-03-29	2008-12-31	2008-09-28	2008-06-29	2008-03-30	2007-12-31	2007-09-23	2007-06-24	2007-03-25	2006-12-31	2005-12-31	2004-12-31	2004-09-30	2004-06-30	2004-04-30	2004-01-31	2003-10-31	2003-07-31	2003-04-30	2003-01-31

revenues	696,375,000	720,120,000	698,221,000	671,992,000	624,861,000	666,042,000	654,926,000	604,336,000	535,675,000	551,243,000	626,807,000	692,245,000	641,789,000	659,072,000	670,491,000	666,551,000	610,371,000	638,910,000	630,835,000	601,974,000	536,381,000	498,540,000	475,839,000	424,811,000	463,526,000	286,255,000	620,318,000	637,530,000	587,175,000	655,390,000	655,774,000	668,639,000	605,565,000	604,884,000	621,745,000	610,633,000	551,381,000	612,435,000	601,109,000	601,631,000	541,497,000	597,244,000	579,266,000	585,755,000	546,957,000	608,910,000	610,774,000	600,891,000	487,690,000	509,751,000	522,478,000	529,491,000	507,473,000	402,039,000	490,367,000	484,042,000	464,291,000	464,361,000	519,713,000	536,251,000	461,628,000	379,129,000	411,472,000	426,140,000	400,349,000	387,770,000	355,159,000	343,821,000	328,512,000	417,267,000	520,494,000	556,303,000	511,826,000	584,584,000	561,611,000	549,943,000	336,703,000			330,310,000	281,454,000	184,307,000
cost of sales	-438,287,000	-456,554,000	-435,023,000	-413,424,000	-379,021,000	-416,226,000	-410,922,000	-377,530,000	-334,079,000	-344,878,000	-385,639,000	-430,917,000	-395,684,000	-412,594,000	-431,845,000	-444,246,000	-401,511,000	-410,703,000	-407,559,000	-390,439,000	-345,037,000	-323,284,000	-308,247,000	-274,871,000	-293,025,000	-193,903,000	-384,916,000	-396,507,000	-362,447,000	-396,025,000	-394,917,000	-411,043,000	-374,971,000	-375,292,000	-381,921,000	-368,124,000	-329,267,000	-350,651,000	-355,147,000	-353,418,000	-316,462,000	-347,127,000	-353,135,000	-351,479,000	-339,308,000	-391,295,000	-389,042,000	-396,506,000	-311,973,000	-334,712,000	-339,637,000	-350,295,000	-340,120,000	-275,855,000	-343,593,000	-332,121,000	-322,573,000	-332,362,000	-366,962,000	-379,637,000	-331,173,000	-281,735,000	-285,777,000	-300,343,000	-281,941,000	-275,356,000	-247,086,000	-235,303,000	-244,319,000	-319,527,000	-366,842,000	-389,830,000	-366,009,000	-422,800,000	-403,914,000	-398,743,000	-246,014,000			249,131,000	228,036,000	151,113,000	114,354,000	96,134,000	99,758,000	97,648,000	93,558,000	86,154,000
gross profit	258,088,000	263,566,000	263,198,000	258,568,000	245,840,000	249,816,000	244,004,000	226,806,000	201,596,000	206,365,000	241,168,000	261,328,000	246,105,000	246,478,000	238,646,000	222,305,000	208,860,000	228,207,000	223,276,000	211,535,000	191,344,000	175,256,000	167,592,000	149,940,000	170,501,000	92,352,000	235,402,000	241,023,000	224,728,000	259,365,000	260,857,000	257,596,000	230,594,000	229,592,000	239,824,000	242,509,000	222,114,000	261,784,000	245,962,000	248,213,000	225,035,000	250,117,000	226,131,000	234,276,000	207,649,000	217,615,000	221,732,000	204,385,000	175,717,000	175,039,000	182,841,000	179,196,000	167,353,000	126,184,000	146,774,000	151,921,000	141,718,000	131,999,000	152,751,000	156,614,000	130,455,000	97,394,000	125,695,000	125,797,000	118,408,000	112,414,000	108,073,000	108,518,000	84,193,000	97,740,000	153,652,000	166,473,000	145,817,000	161,784,000	157,697,000	151,200,000	90,689,000			81,179,000	53,418,000	33,194,000	34,567,000	25,065,000	30,890,000	31,823,000	28,569,000	25,870,000
yoy	4.98%	5.50%	7.87%	14.00%	21.95%	21.06%	1.18%	-13.21%	-18.09%	-16.27%	1.06%	17.55%	17.83%	8.01%	6.88%	5.09%	9.15%	30.21%	33.23%	41.08%	12.22%	89.77%	-28.81%	-37.79%	-24.13%	-64.39%	-9.76%	-6.43%	-2.54%	12.97%	8.77%	6.22%	3.82%	-12.30%	-2.50%	-2.30%	-1.30%	4.66%	8.77%	5.95%	8.37%	14.94%	1.98%	14.62%	18.17%	24.32%	21.27%	14.06%	5.00%	38.72%	24.57%	17.95%	18.09%	-4.41%	-3.91%	-3.00%	8.63%	35.53%	21.53%	24.50%	10.17%	-13.36%	16.31%	15.92%	40.64%	15.01%	-29.66%	-34.81%	-42.26%	-39.59%	-2.57%	10.10%	60.79%			86.26%	69.77%			223.87%	72.93%	4.31%	20.99%	-3.11%
qoq	-2.08%	0.14%	1.79%	5.18%	-1.59%	2.38%	7.58%	12.51%	-2.31%	-14.43%	-7.71%	6.19%	-0.15%	3.28%	7.35%	6.44%	-8.48%	2.21%	5.55%	10.55%	9.18%	4.57%	11.77%	-12.06%	84.62%	-60.77%	-2.33%	7.25%	-13.35%	-0.57%	1.27%	11.71%	0.44%	-4.27%	-1.11%	9.18%	-15.15%	6.43%	-0.91%	10.30%	-10.03%	10.61%	-3.48%	12.82%	-4.58%	-1.86%	8.49%	16.31%	0.39%	-4.27%	2.03%	7.08%	32.63%	-14.03%	-3.39%	7.20%	7.36%	-13.59%	-2.47%	20.05%	33.95%	-22.52%	-0.08%	6.24%	5.33%	4.02%	-0.41%	28.89%	-13.86%	-36.39%	-7.70%	14.17%	-9.87%	2.59%	4.30%	66.72%				51.97%	60.93%	-3.97%	37.91%	-18.86%	-2.93%	11.39%	10.43%
gross margin %	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%			Infinity%	Infinity%	Infinity%	23.21%	20.68%	23.64%	24.58%	23.39%	23.09%
selling, general and administrative expenses	-138,652,000	-130,507,000	-139,415,000	-131,922,000	-131,522,000	-137,362,000	-126,976,000	-119,497,000	-110,768,000	-126,414,000	-118,079,000	-126,635,000	-121,574,000	-129,889,000	-110,478,000	-105,203,000	-103,066,000	-112,369,000	-109,963,000	-105,554,000	-98,449,000	-91,059,000	-85,037,000	-91,703,000	-98,389,000	-51,890,000	-120,169,000	-122,482,000	-122,788,000	-129,488,000	-132,716,000	-138,842,000	-124,872,000	-114,236,000	-116,429,000	-117,771,000	-112,586,000	-122,099,000	-126,662,000	-123,057,000	-122,406,000	-130,405,000	-128,140,000	-127,927,000	-140,816,000	-128,091,000	-119,104,000	-145,902,000	-94,848,000	-96,327,000	-96,197,000	-93,503,000	-91,982,000	-84,649,000	-100,120,000	-77,931,000	-83,226,000	-81,279,000	-85,355,000	-84,380,000	-74,936,000	-59,902,000	-71,392,000	-74,523,000	-73,860,000	-73,907,000	-71,489,000	-67,579,000	-76,697,000	-94,897,000	-85,149,000	-89,522,000	-97,715,000	-102,522,000	-93,756,000	-97,601,000	-52,049,000			54,453,000	47,527,000	24,229,000	24,963,000	26,267,000	23,770,000	24,715,000	23,237,000	21,755,000
research and development expenses	-30,089,000	-32,542,000	-33,859,000	-33,940,000	-28,417,000	-28,968,000	-27,941,000	-28,457,000	-26,999,000	-25,883,000	-30,190,000	-30,970,000	-29,384,000	-28,599,000	-26,306,000	-25,989,000	-23,456,000	-29,787,000	-32,451,000	-30,922,000	-31,500,000	-25,663,000	-30,324,000	-25,090,000	-26,219,000	6,179,000	-31,351,000	-35,034,000	-34,154,000																																																						1,192,000	1,150,000	1,105,000	1,138,000	1,026,000	804,000
amortization of intangibles	-11,388,000	-12,975,000	-13,636,000	-13,470,000	-13,275,000	-14,307,000	-13,738,000	-9,940,000	-10,809,000	-10,113,000	-9,526,000	-11,126,000	-9,610,000	-9,761,000	-10,105,000	-9,177,000	-8,817,000	-9,601,000	-9,696,000	-9,102,000	-9,947,000	-16,089,000	-16,104,000	-16,017,000	-16,185,000	-6,657,000	-22,243,000	-22,368,000	-23,341,000	-23,839,000	-25,533,000	-25,039,000	-24,418,000	-26,053,000	-27,162,000	-27,113,000	-23,669,000	-22,782,000	-23,808,000	-26,263,000	-25,532,000	-25,701,000	-25,669,000	-25,917,000	-26,504,000	-15,687,000	-15,203,000	-15,795,000	-11,741,000	-12,395,000	-12,326,000	-13,105,000	-12,977,000	-9,189,000	-7,798,000	-2,570,000	-3,235,000	-3,375,000	-3,371,000	-3,347,000	-3,679,000	1,369,000	-4,152,000	-4,140,000	-4,266,000	-4,321,000	-3,983,000	-3,911,000	-3,865,000	-4,154,000	-4,125,000
operating income	77,959,000	87,542,000	76,288,000	79,236,000	72,626,000	69,179,000	75,349,000	68,912,000	53,020,000	43,955,000	95,429,000	92,597,000	85,537,000	78,229,000	129,648,000	81,936,000	73,521,000	-64,011,000	71,166,000	65,957,000	51,448,000	42,445,000	36,127,000	17,130,000	29,708,000	382,130,000	-280,507,000	61,139,000	44,445,000	73,234,000	131,278,000	56,506,000	44,203,000	60,081,000	60,791,000	62,481,000	51,337,000	58,668,000	61,980,000	62,241,000	40,964,000	57,010,000	34,502,000	44,143,000	4,898,000	43,271,000	58,011,000	12,326,000	49,511,000	49,174,000	53,935,000	53,913,000	44,240,000	13,790,000	-7,609,000	58,351,000	43,965,000	34,858,000	51,863,000	58,212,000	42,073,000	25,708,000	38,410,000	36,945,000	28,126,000	16,579,000	18,440,000	4,269,000	-37,647,000	-482,382,000	47,738,000	65,858,000	26,598,000	59,262,000	72,497,000	51,729,000	37,248,000
yoy	7.34%	26.54%	1.25%	14.98%	36.98%	57.39%	-21.04%	-25.58%	-38.02%	-43.81%	-26.39%	13.01%	16.34%	-222.21%	82.18%	24.23%	42.90%	-250.81%	96.99%	285.04%	73.18%	-88.89%	-112.88%	-71.98%	-33.16%	421.79%	-313.67%	8.20%	0.55%	21.89%	115.95%	-9.56%	-13.90%	2.41%	-1.92%	0.39%	25.32%	2.91%	79.64%	41.00%	736.34%	31.75%	-40.53%	258.13%	-90.11%	-12.00%	7.56%	-77.14%	11.91%	256.59%	-808.83%	-7.61%	0.63%	-60.44%	-114.67%	0.24%	4.50%	35.59%	35.02%	57.56%	49.59%	55.06%	108.30%	765.43%	-174.71%	-103.44%	-61.37%	-93.52%	-241.54%	-913.98%	-34.15%	27.31%	-28.59%
qoq	-10.95%	14.75%	-3.72%	9.10%	4.98%	-8.19%	9.34%	29.97%	20.62%	-53.94%	3.06%	8.25%	9.34%	-39.66%	58.23%	11.45%	-214.86%	-189.95%	7.90%	28.20%	21.21%	17.49%	110.90%	-42.34%	-92.23%	-236.23%	-558.80%	37.56%	-39.31%	-44.21%	132.33%	27.83%	-26.43%	-1.17%	-2.70%	21.71%	-12.50%	-5.34%	-0.42%	51.94%	-28.15%	65.24%	-21.84%	801.25%	-88.68%	-25.41%	370.64%	-75.10%	0.69%	-8.83%	0.04%	21.86%	220.81%	-281.23%	-113.04%	32.72%	26.13%	-32.79%	-10.91%	38.36%	63.66%	-33.07%	3.97%	31.36%	69.65%	-10.09%	331.95%	-111.34%	-92.20%	-1110.48%	-27.51%	147.61%	-55.12%	-18.26%	40.15%	38.88%
operating margin %	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%			NaN%	NaN%	NaN%	0%	0%	0%	0%	0%	0%
interest expense	-13,459,000	-12,489,000	-11,562,000	-12,200,000	-10,104,000	-10,849,000	-10,855,000	-9,017,000	-7,582,000	-8,032,000	-8,580,000	-8,812,000	-8,201,000	-7,984,000	-9,883,000	-11,276,000	-14,411,000	-16,055,000	-16,251,000	-14,878,000	-15,511,000	-15,700,000	-15,607,000	-14,257,000	-13,324,000	-13,253,000	-14,200,000	-14,168,000	-14,193,000	-15,021,000	-14,472,000	-15,088,000	-16,978,000	-16,477,000	-19,385,000	-23,533,000	-23,506,000	-23,092,000	-23,513,000	-24,049,000	-24,396,000	-26,582,000	-25,416,000	-24,769,000	-23,926,000	-23,477,000	-21,656,000	-18,203,000	-18,820,000	-19,586,000	-19,259,000	-18,345,000	-15,905,000	-13,723,000	-13,892,000	-12,502,000	-11,921,000	-11,880,000	-11,690,000	-12,748,000	-11,808,000	-10,914,000	-11,779,000	-14,187,000	-12,946,000	-13,064,000	-12,575,000	-8,895,000	-7,323,000	-9,642,000	-8,671,000	-10,528,000	-7,819,000	-8,747,000	-7,561,000	-8,682,000	-2,526,000			3,011,000	3,537,000	3,167,000	1,405,000	1,241,000	1,264,000	1,218,000	1,219,000	1,451,000
non-operating pension cost	-456,000
loss on debt extinguishment	-1,273,000																-6,392,000		-5,715,000													-3,030,000	-19,960,000		-51,594,000	-847,000																		-1,865,000	-50,585,000
income before taxes	62,771,000	73,861,000	64,252,000	66,672,000	62,081,000	42,643,500	64,780,000	60,125,000	45,669,000																	-53,991,750	-294,218,000	47,452,000	30,799,000	57,047,000	118,162,000	38,131,000	6,990,000	13,936,000	-10,188,000	38,101,000	27,831,000				16,568,000																									-10,017,000	8,482,000	-3,693,000	-44,857,000	30,300,250	41,106,000	59,191,000	20,904,000							1,168,750	-6,742,000	7,530,000
income tax expense	-11,744,000	-5,972,000	-7,562,000	-5,666,000	-10,144,000	1,014,000	-11,091,000	-11,091,000	-8,360,000	2,185,000	-14,850,000	-15,656,000	-14,879,000	-10,631,000	-16,104,000	-13,088,000	-9,822,000	102,000	-8,875,000	-8,552,000	-7,880,000	-8,501,000	-631,000	-400,000	-2,192,000	-3,395,000	-2,797,000	-5,162,000	-5,621,000			-9,339,000	-4,420,000				-2,250,000				-143,000				-688,000	-642,750	-2,667,000		-5,685,000			-6,225,000	-6,198,000			-3,670,000	-8,120,000	3,526,000	-9,019,000	-10,739,000	-8,406,000	1,300,000	-6,002,000			-1,187,000	-15,958,000			-8,544,500	-9,453,000	-17,041,000	-7,684,000	-18,847,000	-16,904,000	-15,254,000	-13,435,000			16,420,000	-3,669,000	1,896,000
net income	51,027,000	67,889,000	56,690,000	61,006,000	51,937,000	58,382,000	53,689,000	49,034,000	37,309,000	38,509,000	72,327,000	68,775,000	62,945,000	62,015,000	98,321,000	58,642,000	35,844,000	-49,713,000	41,317,000	43,972,000	28,741,000	6,961,000	17,081,000	-67,881,000	-11,219,000	-147,229,000	-297,015,000	42,290,000	25,178,000	43,491,000	85,858,000	28,792,000	2,570,000	30,436,000	945,000	35,891,000	25,581,000	33,906,000	35,565,000	41,750,000	16,425,000	49,656,000	14,569,000	21,591,000	-19,636,000	15,993,000	33,847,000	15,000	24,594,000	22,508,000	29,068,000	29,492,000	22,245,000	166,602,000	-38,777,000	42,390,000	24,275,000	26,527,000	31,203,000	34,725,000	21,890,000	56,435,000	20,605,000	19,672,000	11,747,000	19,915,000	-7,476,000	-4,886,000	-32,454,000	-448,050,000	31,653,000	42,150,000	13,220,000	35,589,000	49,416,000	30,104,000	22,014,000			18,622,000	-7,411,000	2,831,000	3,609,000	-3,422,000	2,747,000	-37,530,000	2,009,000	166,000
yoy	-1.75%	16.28%	5.59%	24.42%	39.21%	51.61%	-25.77%	-28.70%	-40.73%	-37.90%	-26.44%	17.28%	75.61%	-224.75%	137.97%	33.36%	24.71%	-814.16%	141.89%	-164.78%	-356.18%	-104.73%	-105.75%	-260.51%	-144.56%	-438.53%	-445.94%	46.88%	879.69%	42.89%	8985.50%	-19.78%	-89.95%	-10.23%	-97.34%	-14.03%	55.74%	-31.72%	144.11%	93.37%	-183.65%	210.49%	-56.96%	143840.00%	-179.84%	-28.95%	16.44%	-99.95%	10.56%	-86.49%	-174.96%	-30.43%	-8.36%	528.05%	-224.27%	22.07%	10.90%	-53.00%	51.43%	76.52%	86.35%	183.38%	-375.62%	-502.62%	-136.20%	-104.44%	-123.62%	-111.59%	-345.49%	-1358.96%	-35.95%	40.01%	-39.95%			61.66%	-397.04%			-644.18%	-369.79%	-107.54%	79.64%	-2161.45%
qoq	-24.84%	19.75%	-7.07%	17.46%	-11.04%	8.74%	9.49%	31.43%	-3.12%	-46.76%	5.16%	9.26%	1.50%	-36.93%	67.66%	63.60%	-172.10%	-220.32%	-6.04%	52.99%	312.89%	-59.25%	-125.16%	505.05%	-92.38%	-50.43%	-802.33%	67.96%	-42.11%	-49.35%	198.20%	1020.31%	-91.56%	3120.74%	-97.37%	40.30%	-24.55%	-4.66%	-14.81%	154.19%	-66.92%	240.83%	-32.52%	-209.96%	-222.78%	-52.75%	225546.67%	-99.94%	9.27%	-22.57%	-1.44%	32.58%	-86.65%	-529.64%	-191.48%	74.62%	-8.49%	-14.99%	-10.14%	58.63%	-61.21%	173.89%	4.74%	67.46%	-41.01%	-366.39%	53.01%	-84.94%	-92.76%	-1515.51%	-24.90%	218.84%	-62.85%	-27.98%	64.15%	36.75%				-351.28%	-361.78%	-21.56%	-205.46%	-224.57%	-107.32%	-1968.09%	1110.24%
net income margin %	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%			Infinity%	-Infinity%	Infinity%	2.42%	-2.82%	2.10%	-28.99%	1.65%	0.15%
weighted-average number of common shares and equivalents:
basic	38,814,000	39,605,000	39,516,000	39,511,000	40,166,000	40,694,000	40,798,000	40,690,000	40,986,000	42,237,000	42,053,000	42,497,000	42,827,000	43,845,000	43,466,000	44,252,000	44,811,000	44,802,000	44,851,000	44,759,000	44,679,000	44,778,000	44,567,000	44,557,000	45,390,000	42,203,000	44,444,000	39,389,000	39,420,000	40,675,000	40,510,000	40,735,000	41,633,000	42,220,000	42,256,000	42,283,000	42,216,000	42,093,000	42,126,000	42,085,000	42,008,000	42,390,000	42,417,000	42,655,000	42,535,000	43,273,000	43,201,000	43,603,000	43,514,000	43,871,000	43,694,000	43,928,000	44,420,000	45,097,000	44,787,000	45,526,000	45,912,000	47,109,000	47,344,000	47,401,000	47,209,000	46,805,000	46,813,000	46,779,000	46,697,000	46,594,000	46,607,000	46,587,000	46,526,000	44,692,000	44,571,000	43,506,000	44,139,000	44,877,000	45,084,000	45,078,000	44,465,000			35,404,000	42,517,000	25,546,000
diluted	39,395,000	40,210,000	40,137,000	40,002,000	40,844,000	41,299,000	41,417,000	41,204,000	41,491,000	42,859,000	42,625,000	43,088,000	43,669,000	44,537,000	44,063,000	44,782,000	45,567,000	45,361,000	45,425,000	45,262,000	45,045,000	44,937,000	44,709,000	44,665,000	45,538,000	42,416,000	44,444,000	39,611,000	39,660,000	40,956,000	47,678,000	40,974,000	41,633,000	42,643,000	42,256,000	42,832,000	42,675,000	42,557,000	42,601,000	42,548,000	42,440,000	42,953,000	42,908,000	43,233,000	42,535,000	43,997,000	43,910,000	44,292,000	44,293,000	44,737,000	44,537,000	44,790,000	45,427,000	45,942,000	44,787,000	46,305,000	46,938,000	48,104,000	48,244,000	48,414,000	48,330,000	47,783,000	47,721,000	47,788,000	47,510,000	46,594,000	46,607,000	46,587,000	46,526,000	44,692,000	47,082,000	47,478,000	48,377,000	50,615,000	50,131,000	50,920,000	51,689,000			38,724,000	42,517,000	25,832,000
basic income per share	1.31																																																																	-0.24	-0.16	-0.1	-0.7	0.493	0.71	0.97	0.3
diluted income per share	1.3																																																																	-0.24	-0.16	-0.1	-0.7	0.458	0.67	0.89	0.27
comprehensive income	52,516																																									1,009	-9,803	19,562	-5,723	14,489.5	30,783	13,894	13,281	18,404.5	34,776	23,950	14,892	6,091.5	-24,687	14,152	34,901																	33,476.25	68,878	37,943	27,084
common stock dividends declared per share	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05
non-operating pension benefit		-1,192,000	-398,000	-364,000	-441,000	-962,000	286,000	230,000	231,000	401,000	328,000	646,000	488,000	1,709,000	26,000	1,070,000	1,200,000	1,355,000	992,000	1,445,000	684,000	-2,474,000	680,000	700,000	699,000	-500,000	489,000	481,000	547,000	206,000	1,356,000
loss related to revolver refinancing			-76,000
less: net loss attributable to noncontrolling interest						-4,250	-3,000		-4,000																				-24,000	-35,000	-23,000	-77,000	-48,000	-83,000	-82,000	-86,000	-106,000	-71,000	-88,000	-99,000	-99,000
net income attributable to belden stockholders		42,408,250	56,690,000	61,006,000	51,937,000	35,012,250	53,692,000	49,044,000	37,313,000	51,073,000	72,347,000	68,753,000	63,192,000	48,174,000	98,294,000	58,561,000	35,841,000	28,423,500	41,264,000	43,764,000	28,666,000																			41,849,000	16,524,000
basic income per share attributable to belden stockholders		1.068	1.43	1.54	1.29	0.858	1.32	1.21	0.91																																0.39
diluted income per share attributable to belden stockholders		1.053	1.41	1.53	1.27	0.848	1.3	1.19	0.9																																0.39
comprehensive income attributable to belden		20,990.25	48,064	21,110	14,787	31,543.75	23,760	55,956	46,461	50,924.25	93,915	63,890	45,892	75,097	149,907	110,712	39,769	43,570	69,390	22,499	82,391			-112,351	11,134	-45,952.75	-263,530	25,507	54,211	32,431.75	68,620	89,897	-28,790	4,354	-18,127	19,267	16,276	22,534.25	31,846
gain on sale of assets											12,056,000																																																											-2,843,000					8,556,000									-133,000
less: net income attributable to noncontrolling interest								-10,000		42,000	-20,000	22,000	-247,000	48,000	27,000	81,000	3,000	56,000	53,000	208,000	75,000	25,000	85,000	24,000
income from continuing operations before taxes										36,324,000	87,177,000	84,431,000	77,824,000	71,954,000	119,791,000	71,730,000	53,918,000	-51,675,000	50,192,000	52,524,000	36,621,000	24,271,000	21,200,000	3,573,000	17,083,000													33,234,000	38,467,000	38,192,000		30,428,000	9,086,000	19,374,000	-18,948,000	19,957,000	36,514,000	-5,766,000	30,841,000	28,121,000	34,768,000	35,717,000	28,443,000	-1,498,000	-71,915,000	46,060,000	32,395,000	23,463,000	40,384,000	45,620,000	30,424,000	15,532,000	26,758,000	24,359,000	15,363,000									54,436,000	66,320,000	45,358,000	35,449,000
income from continuing operations										38,509,000	72,327,000	68,775,000	62,945,000	61,323,000	103,687,000	58,642,000	44,096,000	-51,573,000	41,317,000	43,972,000	28,741,000	15,770,000	20,569,000	3,173,000	14,891,000													33,906,000	35,565,000	41,750,000		49,656,000	14,811,000	21,677,000	-19,636,000	15,414,000	33,847,000	15,000	25,156,000	23,929,000	29,068,000	29,492,000	22,245,000	27,705,000	-51,134,000	42,390,000	24,275,000	26,989,000	31,365,000	34,881,000	22,018,000	16,832,000	20,756,000	19,827,000	11,883,000									35,589,000	49,416,000	30,104,000	22,014,000
loss from discontinued operations, net of tax																	-3,685,000					3,882,000	-6,231,000		-26,110,000																	-60,500	-242,000															-462,000	-162,000	-156,000	-128,000	-5,244,000	-151,000	-155,000	-136,000
loss on disposal of discontinued operations, net of tax														-2,483,250	-5,366,000		-4,567,000
basic income per share attributable to belden stockholders:
continuing operations										0.94	1.72	1.62	1.48	1.43	2.38	1.32	0.98	-1.15	0.92	0.98	0.64																	0.59	0.69	0.99		1.17	0.35	0.51	-0.46	0.36	0.78		0.58	0.55	0.67	0.67	0.5	0.62	-1.14	0.93	0.53	0.58	0.66	0.73	0.47	0.36	0.44	0.42	0.25									0.8	1.1	0.67	0.5			0.27	-0.07	0.22
discontinued operations																	-0.08																										-0.01			0.02			-0.01					0.32	0.05			-0.01			-0.01	-0.1																		0.31	-0.07	-0.23
disposal of discontinued operations														0.01	-0.12		-0.1																																					2.76	0.22																									-0.04	-0.03	0.12
diluted income per share attributable to belden stockholders:
asset impairments
gain on sale of asset															37,891,000
gain on disposal of discontinued operations, net of tax																						685,750	2,743,000
net income attributable to belden																						6,936,000	16,996,000	-67,905,000	-11,189,000	-147,408,000	-297,009,000	42,200,000	25,202,000	43,526,000	85,881,000	28,869,000	2,618,000	30,519,000	1,027,000	35,977,000	25,687,000	33,977,000	35,653,000
less: preferred stock dividends																											971,000	8,733,000	8,733,000	8,733,000	8,732,000	8,733,000	8,733,000	8,733,000	8,732,000	8,733,000	8,733,000	8,733,000	6,695,000
net income attributable to belden common stockholders																						6,936,000	16,996,000	-67,905,000	-11,189,000	-147,408,000	-297,980,000	33,467,000	16,469,000	34,793,000	77,149,000	20,136,000	-6,115,000	21,786,000	-7,705,000	27,244,000	16,954,000	25,244,000	28,958,000
basic income per share attributable to belden common stockholders:
continuing operations attributable to belden common stockholders																						0.35	0.46	0.07	0.33
discontinued operations attributable to belden common stockholders																						0.09	-0.14	-1.59	-0.58
disposal of discontinued operations attributable to belden common stockholders																						-0.28	0.06
net income per share																						-0.348	0.38	-1.52	-0.25
diluted income per share attributable to belden common stockholders:
comprehensive loss attributable to belden																						-34,034.5	-34,921
income from discontinued operations, net of tax																								-71,054,000																														14,200,000	2,574,000
less: net loss attributable to noncontrolling interests																									-30,000
goodwill and other asset impairment																										-85,536,500	-342,146,000
gain from patent litigation																															62,141,000
less: net income attributable to noncontrolling interests																										15,000	-6,000	90,000
basic income per share attributable to belden common stockholders																										-1.51	-6.7	0.85	0.42	0.558	1.9	0.49	-0.15	0.215	-0.18	0.64	0.4
diluted income per share attributable to belden common stockholders																										-1.51	-6.7	0.84	0.42	0.553	1.8	0.49	-0.15	0.215	-0.18	0.64	0.4
research and development																														-26,945,250	-33,471,000	-37,209,000	-37,101,000	-29,222,000	-35,442,000	-35,144,000	-34,522,000	-34,304,000	-33,512,000	-36,652,000	-36,133,000	-37,312,000	-38,168,000	-36,632,000	-36,199,000	-31,281,000	-30,444,000	-31,618,000	-20,571,000	-20,780,000	-21,141,000	-20,931,000	-20,425,000	-17,328,000	-19,020,000	-15,029,000	-14,033,000	-13,911,000	-13,641,000	-14,530,000	-13,629,000	386,000	-14,794,000	-13,400,000	-14,797,000	-16,032,000	-14,161,000	-14,122,000	-16,555,000	-14,038,000	-15,887,000	-11,093,000	-9,071,000
income tax benefit																														-13,556,000	-32,304,000			-13,168,000	11,133,000	-2,210,000		672,000	-2,902,000	3,558,000		19,228,000	5,725,000	2,303,000				5,781,000		-4,192,000	-5,700,000			29,203,000	20,781,000									-4,532,000	-3,480,000				12,403,000
non-operating pension costs																																-257,000	-275,000
loss from disposal of discontinued operations, net of tax																																												-86,000		-140,500			-562,000
comprehensive income attributable to belden stockholders																																								43,485	14,806
dividends declared per share																																								0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05	0.038	0.05	0.05	0.05			0.038	0.05	0.05
income from equity method investment																																										311,000	348,000	343,000	768,000	715,000	1,030,000	1,256,000	954,000	3,637,000	758,000	2,256,000	2,271,000	2,450,000	2,553,000	1,960,000	2,741,000	3,973,000	1,479,000	3,855,000	3,862,000	3,035,000	3,053,000	3,211,000	2,641,000
basic income per share:
diluted income per share:
interest income																																													80,000	163,000	159,000	111,000	150,000	145,000	92,000	149,000	108,000	300,000	171,000	211,000	351,000	485,000	211,000	156,000	159,000	738,000	127,000	136,000	183,000	245,000	199,000	238,000	364,000	1,242,000	1,226,000	1,875,000	957,000	1,258,000	803,000	1,740,000	2,743,000
asset impairment																																																						-7,499,500	-29,998,000											-6,544,000		-1,453,000	-24,723,000	-3,075,500	-753,000		-11,549,000			-1,870,000	-1,392,000
gain from disposal of discontinued operations, net of tax																																																						124,697,000	9,783,000
other income																																																																1,465,000		1,894,000	2,418,000	695,000	-251,000	2,359,000	813,000	1,986,000	1,168,000	2,663,000	581,000	571,000
loss on sale of assets																																																																		-4,296,000		-17,184,000					-884,000										30,000
other expense																																																																													-2,016,000						86,000	4,000	-128,000	85,000	-352,000	-20,000
reconciliation between net income and comprehensive income:
adjustments to translation component of equity																																																																										8,092.75	19,462	7,839	5,070
other operating expenses																																																																																2,217,750	8,871,000
operating earnings																																																																																29,726,000	-2,980,000	8,965,000
nonoperating income																																																																																-433,000		-1,732,000
minority interest in earnings																																																																																146,000	225,000
net income from continuing operations																																																																																1,301,000	-3,073,000	5,634,000				-338,250	2,056,000	166,000
net loss from discontinued operations, net of tax benefit of 1,489, 1,547, 5,606 and 4,249, respectively																																																																																-2,532,000	-2,809,000
net gain on disposal of discontinued operations, net of tax expense of (860), 0, 839 and 0, respectively																																																																																372,750	-1,529,000
basic earnings per share:
earnings per share																																																																																-0.028	-0.17	0.11
diluted earnings per share:
net loss from discontinued operations, net of tax benefit of 3,276, 714, 4,117 and 2,702, respectively																																																																																		-5,823,000
net gain on disposal of discontinued operations, net of tax expense of 1,699, 0, 1,699 and 0, respectively																																																																																		3,020,000
net sales																																																																																			148,921,000	121,199,000	130,648,000	129,471,000	122,127,000	112,024,000
yoy																																																																																			21.94%	8.19%
qoq																																																																																			22.87%	-7.23%	0.91%	6.01%	9.02%
business restructuring expense																																																																																			-40,000	-22,000		3,965,000	-71,000
income from operations																																																																																			8,422,000	-2,197,000	6,015,000	2,005,000	4,377,000	1,855,000
income from continuing operations before income taxes, minority interest and cumulative effect of change in accounting principle																																																																																			6,931,000	-3,442,000	4,879,000
income tax provision																																																																																			3,022,000	-238,000	1,878,000	943,000	1,187,000	118,000
minority interest in earnings of subsidiaries																																																																																			300,000	218,000	254,000	1,425,000	267,000	140,000
net income from continuing operations before cumulative effect of accounting change																																																																																			3,609,000	-3,422,000	2,747,000
discontinued operations:
loss from discontinued operations, net of tax benefit of 293 for the nine months ended april 30, 2003
loss on sale of business, net of tax benefit of 22 and 12,698 for the three and nine months ended april 30, 2003, respectively																																																																																						-8,013,750	-47,000
net loss from discontinued operations
cumulative effect of change in accounting principle, net of tax benefit
basic earnings per common share:
continuing operations before cumulative effect of accounting change																																																																																			90	-80	70
cumulative effect of accounting change
diluted earnings per common share:
basic weighted-average common shares outstanding																																																																																			41,771,293,000	41,702,078,000	41,501,168,000	44,345,000
diluted weighted-average common shares outstanding																																																																																			54,218,107,000	41,702,078,000	53,824,700,000	44,345,000
loss from discontinued operations, net of tax benefit of 293 for the six months ended january 31, 2003
loss on sale of business, net of tax benefit of 12,676 for the six months ended january 31, 2003
basic and diluted earnings per common share:
loss from discontinued operations, net of tax benefit of 293 for the three months ended october 31, 2002
loss on sale of business, net of tax benefit of 12,676 for the three months ended october 31, 2002
amortization of goodwill
income from continuing operations before income taxes and minority interest																																																																																						-463,500	3,510,000	424,000
income from discontinued operations, net of tax provision of 1 for the three months ended april 30, 2002 and tax benefit of 293 and 709 for the nine months ended april 30, 2003 and 2002, respectively																																																																																						-159,000
net income from discontinued operations																																																																																						-141,000	-47,000
from continuing operations																																																																																						-7.5	50
from discontinued operations																																																																																						-182.5
weighted-average common shares outstanding																																																																																							44,569,872,000	44,536,876,000
weighted-average common shares outstanding and common stock equivalents																																																																																							44,630,160,000	44,637,538,000
business restructuring expenses																																																																																								1,456,000
loss from discontinued operations, net of tax benefit of 364 for the three months ended january 31, 2002 and 293 and 710 for the six months ended january 31, 2003 and 2002, respectively

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-29	2025-12-31	2025-09-28	2025-06-29	2025-03-30	2024-12-31	2024-09-29	2024-06-30	2024-03-31	2023-12-31	2023-10-01	2023-07-02	2023-04-02	2022-12-31	2022-10-02	2022-07-03	2022-04-03	2021-12-31	2021-10-03	2021-07-04	2021-04-04	2020-12-31	2020-09-27	2020-06-28	2020-03-29	2019-12-31	2019-09-29	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-07-01	2018-04-01	2017-12-31	2017-10-01	2017-07-02	2017-04-02	2016-12-31	2016-10-02	2016-07-03	2016-04-03	2015-12-31	2015-09-27	2015-06-28	2015-03-29	2014-12-31	2014-09-28	2014-06-29	2014-03-30	2013-12-31	2013-09-29	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-07-01	2012-04-01	2011-12-31	2011-10-02	2011-07-03	2011-04-03	2010-12-31	2010-10-03	2010-07-04	2010-04-04	2009-12-31	2009-09-27	2009-06-28	2009-03-29	2008-12-31	2008-09-28	2008-06-29	2008-03-30	2007-12-31	2007-09-23	2007-06-24	2007-03-25	2006-12-31	2005-12-31	2004-12-31	2004-09-30	2004-06-30	2004-04-30	2004-01-31	2003-10-31	2003-07-31	2003-04-30	2003-01-31

assets
current assets:
cash and cash equivalents	272,151,000	389,887,000	314,257,000	301,486,000	258,997,000	370,302,000	322,982,000	564,751,000	506,830,000	597,044,000	530,971,000	514,767,000	589,045,000	687,676,000	547,466,000	527,682,000	559,582,000	643,757,000	457,753,000	423,291,000	370,552,000	501,994,000	391,497,000	359,702,000	250,993,000	407,480,000	296,742,000	295,243,000	338,982,000	420,610,000	329,027,000	261,449,000	362,863,000	561,108,000	461,363,000	670,360,000	815,924,000	848,116,000	748,305,000	175,772,000	146,264,000	216,751,000	241,897,000	208,419,000	166,700,000	741,162,000	449,102,000	444,965,000	569,579,000	613,304,000	503,837,000	476,201,000	469,406,000	395,095,000	385,639,000	337,278,000	370,017,000	382,716,000	348,190,000	329,312,000	323,085,000	358,653,000	296,081,000	245,615,000	238,883,000	308,879,000	311,792,000	274,640,000	224,443,000	227,413,000	215,439,000	189,666,000	196,842,000	159,964,000	120,324,000	90,096,000	602,530,000	254,151,000		188,798,000	152,448,000	168,902,000	48,928,000	41,454,000	37,790,000	32,701,000	10,977,000	13,363,000
receivables	499,090,000	462,845,000	461,338,000	454,684,000	419,970,000	409,711,000	430,176,000	396,850,000	356,401,000	413,806,000	481,125,000	509,801,000	417,868,000	440,102,000	436,715,000	425,553,000	375,626,000	412,217,000	421,703,000	386,133,000	342,416,000	296,817,000	331,232,000	302,303,000	307,064,000	334,634,000	460,044,000	451,487,000	404,609,000	465,939,000	474,870,000	463,225,000	439,846,000	473,570,000	439,276,000	419,591,000	381,704,000	388,059,000	400,528,000	393,436,000	346,210,000	387,386,000	403,436,000	412,251,000	392,727,000	379,777,000	416,412,000	416,998,000	313,603,000	304,204,000	326,597,000	326,413,000	301,400,000	300,864,000	299,936,000	322,572,000	289,915,000	299,070,000	349,247,000	363,373,000	322,556,000	298,266,000	291,132,000	291,372,000	258,061,000		253,318,000	245,672,000	248,393,000		383,527,000	393,385,000	370,882,000		429,609,000	401,629,000	230,503,000		198,106,000		186,603,000	97,330,000
inventories	423,124,000	402,345,000	393,911,000	388,787,000	373,045,000	343,099,000	368,435,000	374,991,000	374,419,000	366,987,000	336,420,000	345,427,000	370,729,000	341,563,000	351,440,000	394,346,000	396,497,000	345,354,000	312,088,000	304,821,000	275,405,000	247,298,000	244,815,000	242,677,000	252,921,000	231,333,000	290,995,000	309,711,000	326,770,000	316,418,000	322,194,000	319,133,000	328,797,000	297,226,000	262,494,000	252,534,000	218,404,000	190,408,000	193,500,000	198,625,000	215,947,000	195,942,000	210,088,000	233,100,000	238,243,000	228,398,000	223,714,000	228,443,000	220,098,000	207,980,000	211,827,000	209,691,000	219,068,000	215,282,000	208,478,000	183,954,000	200,900,000	202,143,000	197,100,000	201,930,000	208,080,000	175,659,000	167,483,000	154,983,000	160,675,000	151,262,000	150,476,000	155,635,000	181,228,000	216,022,000	264,851,000	260,472,000	262,687,000	257,540,000	259,542,000	269,740,000	191,722,000	202,248,000	261,963,000	227,034,000	209,883,000	91,737,000	118,985,000	119,390,000	116,218,000	111,589,000	116,368,000	114,864,000
other current assets	85,522,000	94,303,000	89,825,000	77,682,000	80,509,000	73,117,000	76,706,000	75,951,000	76,739,000	79,142,000	63,831,000	66,525,000	63,431,000	66,866,000	48,987,000	61,268,000	61,980,000	65,700,000	48,890,000	50,725,000	59,741,000	52,289,000	39,211,000	36,112,000	31,781,000	29,172,000	74,876,000	60,017,000	59,381,000	55,757,000	50,361,000	48,779,000	51,976,000	40,167,000	67,048,000	43,623,000	36,475,000	29,176,000	55,345,000	51,403,000	44,489,000	43,085,000	77,227,000	72,388,000	58,432,000	42,656,000	51,149,000	59,645,000	47,691,000	41,243,000	20,435,000	21,786,000	23,013,000	28,456,000	18,977,000	21,013,000	20,781,000	21,832,000	21,847,000	18,575,000	19,914,000	18,804,000	18,077,000	24,104,000	32,639,000	35,036,000	40,419,000	51,258,000	42,710,000	34,826,000	25,459,000	25,388,000	17,313,000	17,392,000	16,860,000	17,719,000	12,017,000	10,465,000		8,689,000	12,543,000	5,523,000	28,212,000	33,041,000	31,952,000		33,223,000	33,486,000
total current assets	1,279,887,000	1,349,380,000	1,259,331,000	1,222,639,000	1,132,521,000	1,196,229,000	1,198,299,000	1,412,543,000	1,314,389,000	1,456,979,000	1,412,347,000	1,436,520,000	1,441,073,000	1,536,207,000	1,384,608,000	1,408,849,000	1,393,685,000	1,467,028,000	1,267,993,000	1,164,970,000	1,064,393,000	1,098,398,000	1,006,755,000	1,191,116,000	1,186,971,000	1,377,754,000	1,122,657,000	1,116,458,000	1,129,742,000	1,258,724,000	1,176,452,000	1,092,586,000	1,183,482,000	1,372,071,000	1,266,134,000	1,416,851,000	1,478,423,000	1,478,952,000	1,397,678,000	819,236,000	752,910,000	843,164,000	953,375,000	947,346,000	877,275,000	1,414,150,000	1,168,863,000	1,178,681,000	1,179,638,000	1,195,498,000	1,114,434,000	1,077,191,000	1,030,790,000	959,582,000	1,002,978,000	884,890,000	901,736,000	925,421,000	926,043,000	922,287,000	882,866,000	860,855,000	799,627,000	742,779,000	716,945,000	764,318,000	781,600,000	747,852,000	716,224,000	793,103,000	910,854,000	890,451,000	876,655,000	836,582,000	867,163,000	819,741,000	1,071,404,000	719,436,000			626,863,000	397,756,000	291,085,000	277,202,000	273,214,000	260,284,000	243,082,000	238,040,000
property, plant and equipment	569,389,000	566,020,000	537,510,000	525,385,000	505,648,000	495,625,000	477,304,000	460,949,000	453,988,000	451,069,000	404,950,000	392,593,000	381,901,000	381,864,000	332,458,000	340,610,000	340,081,000	349,814,000	334,407,000	360,338,000	356,780,000	368,620,000	347,668,000	340,000,000	336,441,000	345,918,000	384,183,000	383,067,000	371,881,000	365,970,000	351,628,000	345,593,000	351,122,000	337,322,000	324,617,000	319,371,000	311,393,000	309,291,000	323,110,000	314,697,000	316,435,000	310,629,000	311,338,000	319,455,000	319,110,000	316,385,000	319,689,000	328,039,000	300,785,000	300,835,000	301,290,000	299,838,000	302,767,000	307,048,000	290,815,000	287,802,000	290,257,000	286,933,000	283,992,000	291,793,000	286,637,000	278,866,000	282,517,000	275,119,000	289,139,000	299,586,000	301,911,000	298,548,000	301,998,000	324,569,000	334,114,000	326,835,000	328,516,000	369,803,000	382,885,000	386,950,000	267,613,000	272,285,000		338,247,000	352,658,000	172,381,000	200,407,000	210,356,000	207,949,000	204,738,000	209,181,000	209,999,000
operating lease right-of-use assets	105,749,000	113,033,000	110,798,000	116,426,000	116,119,000	118,551,000	132,844,000	127,824,000	124,690,000	89,686,000	78,497,000	73,435,000	74,451,000	73,376,000	69,940,000	73,225,000	80,219,000	79,464,000	57,141,000	59,509,000	54,660,000	54,787,000	57,380,000	56,613,000	58,960,000	62,251,000	78,788,000	84,099,000	85,327,000
goodwill	1,034,037,000	1,036,821,000	1,036,666,000	1,034,870,000	1,018,777,000	1,018,677,000	1,056,549,000	1,031,119,000	901,924,000	907,331,000	892,711,000	893,419,000	864,244,000	862,253,000	848,506,000	861,131,000	859,276,000	1,152,472,000	1,283,364,000	1,286,617,000	1,284,913,000	1,251,938,000	1,247,432,000	1,244,895,000	1,238,837,000	1,243,669,000	1,265,006,000	1,607,848,000	1,563,827,000	1,557,653,000	1,554,830,000	1,553,269,000	1,569,970,000	1,478,257,000	1,475,467,000	1,453,993,000	1,389,264,000	1,385,995,000	1,399,847,000	1,404,099,000	1,406,058,000	1,385,115,000	1,406,593,000	1,418,031,000	1,411,971,000	943,374,000	939,500,000	934,285,000	766,678,000	773,048,000	778,640,000	772,014,000	778,989,000	778,708,000	516,424,000	343,795,000	349,552,000	348,032,000	352,847,000	353,849,000	353,772,000	322,556,000	308,864,000	302,524,000	308,616,000	313,030,000	308,620,000	314,194,000	316,719,000	321,478,000	780,558,000	712,395,000	704,399,000	648,882,000	637,095,000	619,035,000	275,554,000						11,230,000	11,491,000	11,020,000	10,980,000	66,169,000	65,059,000
intangible assets, less accumulated amortization	392,431,000	399,799,000	405,660,000	415,336,000	416,666,000	419,074,000	406,207,000	423,781,000	256,905,000	269,144,000	271,615,000	286,583,000	243,002,000	246,830,000	243,916,000	256,207,000	267,429,000	301,696,000	307,186,000	314,283,000	309,618,000	287,071,000	294,592,000	308,529,000	323,648,000	339,505,000	471,386,000	506,706,000	495,322,000	511,093,000	537,087,000	547,981,000	570,529,000	545,207,000	566,958,000	600,417,000	538,382,000	560,082,000	590,785,000	614,422,000	642,939,000	655,871,000	684,147,000	713,484,000	733,285,000	461,292,000	465,610,000	482,967,000	361,448,000	376,976,000	392,146,000	400,330,000	417,390,000	428,273,000	290,153,000	143,513,000	149,419,000	151,683,000	156,396,000	161,257,000	158,755,000	143,820,000	128,014,000	128,458,000	136,046,000	143,013,000	140,764,000	142,183,000	143,621,000	156,025,000	179,194,000	154,875,000	157,484,000	154,786,000	163,494,000	163,769,000	70,424,000	70,964,000
deferred income taxes	14,099,000	14,512,000	17,101,000	17,970,000	16,289,000	16,353,000	17,290,000	16,318,000	16,575,000	15,739,000	14,830,000	15,412,000	14,798,000	14,642,000	29,702,000	33,731,000	32,747,000	32,321,000	29,057,000	30,144,000	29,114,000	29,536,000	29,845,000	22,412,000	23,758,000	25,216,000	88,118,000	90,112,000	79,254,000	56,018,000	63,853,000	65,439,000	66,649,000	42,549,000	35,565,000	35,735,000	34,445,000	33,706,000	30,596,000	34,747,000	36,481,000	34,295,000	20,727,000	21,188,000	21,173,000	22,157,000	28,486,000	28,630,000	28,667,000	28,767,000	21,545,000	22,718,000	17,903,000	19,885,000	15,648,000	20,073,000	20,123,000	19,660,000	9,659,000	9,097,000	9,231,000	9,473,000	26,854,000	26,705,000	26,687,000	26,996,000	25,595,000	20,647,000	19,450,000	22,606,000	21,578,000	21,540,000	28,931,000	28,578,000	40,828,000	40,557,000	34,632,000	34,664,000		15,911,000	31,886,000	11,015,000				424,000	15,912,000	15,418,000
other long-lived assets	63,832,000	64,056,000	69,789,000	67,031,000	64,493,000	63,429,000	51,958,000	50,062,000	50,842,000	50,243,000	54,449,000	47,365,000	47,312,000	46,503,000	51,366,000	52,264,000	29,834,000	34,882,000	56,037,000	54,066,000	48,190,000	49,384,000	52,410,000	13,465,000	10,693,000	12,446,000	31,857,000	34,690,000	32,605,000	29,863,000	31,062,000	34,551,000	24,797,000	65,207,000	36,107,000	36,303,000	35,734,000	38,777,000	69,947,000	67,689,000	68,772,000	86,767,000	80,463,000	80,278,000	81,091,000	86,974,000	89,989,000	99,168,000	80,637,000	79,362,000	80,276,000	75,173,000	72,298,000	64,002,000	75,229,000	65,193,000	66,946,000	63,832,000	70,377,000	72,473,000	68,646,000	62,822,000	70,261,000	69,076,000	63,715,000	63,426,000	66,139,000	52,640,000	51,723,000	53,388,000	60,139,000	66,357,000	65,414,000	58,796,000	53,115,000	53,695,000	28,555,000	18,149,000		6,460,000	13,581,000	10,705,000
liabilities and stockholders’ equity
current liabilities:
accounts payable	326,931,000	361,432,000	308,797,000	303,868,000	307,057,000	315,724,000	306,745,000	260,857,000	263,627,000	343,215,000	304,851,000	290,382,000	295,049,000	350,058,000	297,759,000	349,446,000	359,811,000	384,223,000	321,253,000	299,428,000	250,426,000	244,120,000	211,269,000	188,970,000	220,195,000	268,466,000	275,889,000	266,897,000	256,939,000	352,646,000	304,923,000	302,651,000	300,670,000	376,277,000	301,173,000	280,796,000	264,079,000	258,203,000	220,827,000	204,272,000	208,921,000	223,514,000	209,656,000	225,891,000	233,604,000	272,439,000	240,870,000	248,095,000	200,160,000	199,897,000	194,715,000	190,531,000	191,376,000	183,672,000	231,477,000	214,595,000	222,725,000	227,571,000	233,989,000	239,138,000	228,585,000	212,084,000	203,835,000	192,455,000	186,541,000	169,763,000	162,625,000	142,367,000	128,484,000	160,744,000	220,830,000															28,078,000
accrued liabilities	286,703,000	336,067,000	322,650,000	311,726,000	281,171,000	306,980,000	272,565,000	277,290,000	250,903,000	290,289,000	248,320,000	277,405,000	239,436,000	289,861,000	247,743,000	240,891,000	223,737,000	334,316,000	301,174,000	283,109,000	252,025,000	276,641,000	246,513,000	240,419,000	218,568,000	283,799,000	301,599,000	323,124,000	315,117,000	364,276,000	314,667,000	309,264,000	288,454,000	302,651,000	257,729,000	255,092,000	255,970,000	310,340,000	294,209,000	291,944,000	281,392,000	323,249,000	298,053,000	267,910,000	247,945,000	250,420,000	226,684,000	224,430,000	158,318,000	199,169,000	174,013,000	162,275,000	138,287,000	166,272,000	144,598,000	124,413,000	123,732,000	153,995,000	166,529,000	144,814,000	156,923,000	145,840,000	140,602,000	126,822,000	120,303,000	141,922,000	153,676,000	147,974,000	152,659,000	180,801,000	166,698,000
total current liabilities	613,634,000	697,499,000	631,447,000	615,594,000	588,228,000	622,704,000	579,310,000	829,655,000	514,530,000	633,504,000	553,171,000	567,787,000	534,485,000	639,919,000	545,502,000	590,337,000	583,548,000	718,539,000	622,427,000	582,537,000	508,006,000	520,761,000	457,782,000	539,062,000	574,218,000	722,544,000	577,488,000	590,021,000	572,056,000	716,922,000	619,590,000	611,915,000	589,124,000	678,928,000	560,634,000	537,691,000	521,710,000	570,279,000	517,536,000	498,716,000	492,813,000	549,263,000	510,209,000	496,301,000	484,049,000	525,359,000	470,054,000	475,025,000	360,978,000	401,566,000	389,988,000	376,616,000	344,991,000	452,482,000	409,509,000	339,008,000	346,457,000	381,566,000	400,518,000	383,952,000	385,508,000	357,924,000	344,437,000	319,277,000	306,844,000	357,953,000	316,301,000	290,341,000	281,143,000	341,545,000	387,528,000	490,484,000	485,693,000	460,047,000	520,219,000	531,779,000	214,422,000	262,008,000			213,049,000	175,990,000	79,722,000	71,838,000	76,448,000	73,151,000	71,257,000	72,190,000
long-term debt	1,260,359,000	1,285,666,000	1,284,433,000	1,271,338,000	1,178,604,000	1,130,101,000	1,218,965,000	1,164,840,000	1,180,125,000	1,204,211,000	1,145,796,000	1,187,152,000	1,179,007,000	1,161,176,000	1,045,348,000	1,137,853,000	1,213,639,000	1,459,991,000	1,492,642,000	1,527,047,000	1,509,708,000	1,573,726,000	1,500,716,000	1,537,367,000	1,385,438,000	1,439,484,000	1,403,670,000	1,457,571,000	1,440,492,000	1,463,200,000	1,503,597,000	1,482,928,000	1,662,654,000	1,560,748,000	1,530,077,000	1,679,382,000	1,641,929,000	1,620,161,000	1,690,932,000	1,681,866,000	1,689,664,000	1,750,521,000	1,914,083,000	1,918,695,000	1,904,413,000	1,765,422,000	1,536,181,000	1,559,071,000	1,366,211,000	1,364,536,000	1,322,524,000	1,307,104,000	1,317,997,000	1,135,527,000	959,762,000	550,265,000	550,295,000	550,926,000	550,955,000	550,984,000	551,056,000	551,155,000	551,247,000	548,769,000	544,048,000	543,942,000	590,103,000	590,000,000	590,000,000	590,000,000	590,000,000	350,000,000	350,000,000	350,000,000	350,000,000	350,000,000	460,000,000	110,000,000	172,051,000	232,823,000	233,755,000	136,000,000				112,730,000
postretirement benefits	62,767,000	63,598,000	69,484,000	69,308,000	65,247,000	63,260,000	70,356,000	70,250,000	71,839,000	74,573,000	65,063,000	67,248,000	67,403,000	67,828,000	96,608,000	107,394,000	116,597,000	120,997,000	144,526,000	152,080,000	154,171,000	160,400,000	130,581,000	130,427,000	124,968,000	136,227,000	127,090,000	131,023,000	131,607,000	132,791,000	124,013,000	126,023,000	151,916,000	102,085,000	112,938,000	109,599,000	105,877,000	104,050,000	106,779,000	106,862,000	107,054,000	105,230,000	114,543,000	115,806,000	113,884,000	122,627,000	112,419,000	120,856,000	103,274,000	105,924,000	141,139,000	139,573,000	140,690,000	144,320,000	132,731,000	129,421,000	133,948,000	131,237,000	116,926,000	119,485,000	118,668,000	112,426,000	115,642,000	111,894,000	114,607,000	121,745,000	124,903,000	120,370,000	121,006,000	120,256,000	100,869,000	103,229,000	103,387,000	98,084,000	127,891,000	115,162,000
long-term operating lease liabilities	89,874,000	94,372,000	91,376,000	96,861,000	97,158,000	100,049,000	113,507,000	110,148,000	108,174,000	74,941,000	65,477,000	60,480,000	61,400,000	59,250,000	56,333,000	60,018,000	65,943,000	67,225,000	47,054,000	49,805,000	45,642,000	46,398,000	49,209,000	49,772,000	52,084,000	55,652,000	73,436,000	77,679,000	79,091,000
other long-term liabilities	37,331,000	40,002,000	36,584,000	41,948,000	41,306,000	39,755,000	34,802,000	37,415,000	38,125,000	37,188,000	32,780,000	31,497,000	31,775,000	30,970,000	22,907,000	21,483,000	15,935,000	34,853,000	39,898,000	41,155,000	41,580,000	42,998,000	50,311,000	43,560,000	42,769,000	38,308,000	40,309,000	53,929,000	39,998,000	38,877,000	38,639,000	34,774,000	36,767,000	36,273,000	37,311,000	38,554,000	36,455,000	36,720,000	38,283,000	39,291,000	45,416,000	39,270,000	35,400,000	36,275,000	35,019,000	42,233,000	52,452,000	60,658,000	33,816,000	43,186,000	41,241,000	46,039,000	41,842,000	40,394,000	24,598,000	27,827,000	29,138,000	29,842,000	32,539,000	39,338,000	36,327,000	36,464,000	31,050,000	41,039,000	43,884,000	45,890,000	20,732,000	19,842,000	18,531,000	21,624,000	14,877,000	14,797,000	13,558,000	9,915,000	6,866,000	7,112,000	26,074,000	25,263,000		25,340,000	40,686,000	29,641,000
stockholders’ equity:
common stock	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000		503,000	503,000	503,000	503,000	503,000	503,000	503,000	503,000	503,000	503,000	503,000	503,000			497,000	262,000	488,000	488,000	486,000	484,000	484,000	484,000
additional paid-in capital	862,720,000	867,457,000	858,679,000	847,732,000	840,565,000	839,755,000	833,449,000	823,205,000	814,704,000	818,663,000	812,423,000	809,332,000	809,596,000	825,669,000	822,488,000	820,602,000	826,682,000	833,627,000	830,368,000	827,139,000	827,271,000	823,605,000	818,661,000	815,982,000	812,490,000	811,955,000	807,087,000	1,143,494,000	1,138,987,000	1,139,395,000	1,135,699,000	1,129,490,000	1,125,364,000	1,123,832,000	1,123,623,000	1,119,763,000	1,115,683,000	1,116,090,000	1,114,348,000	609,061,000	606,591,000	605,660,000	601,914,000	598,264,000	592,837,000	595,389,000	592,742,000	588,320,000	585,298,000	585,753,000	582,878,000	587,029,000	593,010,000	598,180,000	595,640,000	593,844,000	593,282,000	601,484,000	599,014,000	596,684,000	595,305,000	595,519,000	597,777,000	595,009,000	593,067,000	591,917,000	589,274,000	585,650,000	584,026,000	583,977,000	581,202,000	646,269,000	642,524,000	638,690,000	634,034,000	630,675,000	623,651,000	591,416,000		531,984,000	483,341,000	39,845,000
retained earnings	1,454,639,000	1,405,572,000	1,339,666,000	1,284,960,000	1,225,949,000	1,176,036,000	1,119,684,000	1,068,052,000	1,021,061,000	985,807,000	949,422,000	879,179,000	812,564,000	751,522,000	691,722,000	595,613,000	539,294,000	505,717,000	557,764,000	518,774,000	477,279,000	450,876,000	446,198,000	431,459,000	501,611,000	518,004,000	667,703,000	967,970,000	936,479,000	922,000,000	889,189,000	814,071,000	795,977,000	833,610,000	813,936,000	823,761,000	798,642,000	783,812,000	760,688,000	733,852,000	694,119,000	679,716,000	632,044,000	619,593,000	600,158,000	621,896,000	608,069,000	576,403,000	578,599,000	556,214,000	535,898,000	509,041,000	481,750,000	461,756,000	297,382,000	338,419,000	298,321,000	276,363,000	252,185,000	223,382,000	191,063,000	171,568,000	117,508,000	99,276,000	81,993,000	72,625,000	55,069,000	64,904,000	72,145,000	108,676,000	559,059,000	529,757,000	489,790,000	478,776,000	445,469,000	398,317,000	370,503,000	348,069,000		252,114,000	228,723,000	238,486,000	141,412,000	137,803,000	141,225,000	138,478,000	176,008,000	173,999,000
accumulated other comprehensive loss	-95,715,000	-97,204,000	-89,204,000	-80,578,000	-40,682,000	-3,532,000	-55,153,000	-25,219,000	-32,131,000	-41,279,000	-6,605,000	-28,173,000	-23,171,000	-5,871,000		-14,487,000	-66,638,000	-70,566,000	-131,265,000	-159,391,000	-138,126,000	-191,851,000	-137,458,000	-85,541,000	-41,095,000	-63,418,000	-29,111,000	-62,591,000	-45,898,000	-74,907,000	-85,667,000	-68,406,000	-129,434,000	-98,026,000	-84,342,000	-65,188,000	-48,478,000	-39,067,000	-62,876,000	-59,069,000	-60,705,000	-58,987,000	-58,519,000	-34,147,000	-32,118,000	-46,031,000	-29,679,000	-26,615,000	-40,494,000	-29,181,000	-37,752,000	-43,460,000	-37,918,000	-30,565,000	-26,231,000	-40,321,000	-12,083,000	-22,709,000	-5,629,000																													-736,000
treasury stock	-939,146,000	-911,904,000	-867,517,000	-818,142,000	-803,828,000	-718,026,000	-663,272,000	-646,695,000	-648,292,000	-597,437,000	-556,343,000	-497,873,000	-465,969,000	-428,812,000	-418,029,000	-354,029,000	-353,071,000	-313,994,000	-317,852,000	-319,274,000	-327,835,000	-332,552,000	-335,508,000	-338,484,000	-326,266,000	-307,197,000	-307,482,000	-621,167,000	-599,161,000	-599,845,000	-549,899,000	-525,054,000	-500,864,000	-425,685,000	-412,059,000	-400,501,000	-401,071,000	-401,026,000	-400,718,000	-401,089,000	-402,524,000	-402,793,000	-402,788,000	-363,707,000	-364,165,000	-364,571,000	-334,755,000	-303,835,000	-273,904,000	-276,748,000	-277,009,000	-257,801,000	-234,886,000	-218,014,000	-218,413,000	-194,645,000	-172,135,000	-161,092,000	-136,359,000	-111,541,000	-113,479,000	-120,156,000	-125,247,000	-125,440,000	-126,803,000	-128,611,000	-129,675,000	-129,675,000	-130,414,000	-132,515,000	-132,756,000	-202,054,000	-171,037,000	-138,504,000	-120,367,000	-109,939,000	-111,413,000	-111,100,000				-4,776,000	-65,273,000	-65,282,000	-65,159,000	-65,188,000	-45,188,000	-45,188,000
total stockholders’ equity	1,283,001,000	1,264,424,000	1,242,127,000	1,234,475,000	1,222,507,000	1,294,736,000	1,235,239,000	1,219,877,000	1,155,886,000	1,166,302,000	1,199,403,000	1,162,991,000	1,134,217,000	1,143,950,000	1,134,674,000	1,049,083,000	947,595,000	956,082,000	945,771,000	874,098,000	845,460,000	757,051,000	798,587,000	829,882,000	953,035,000	965,819,000	1,144,810,000	1,433,533,000	1,431,329,000	1,387,588,000	1,390,302,000	1,351,110,000	1,292,146,000	1,434,866,000	1,442,360,000	1,479,103,000	1,466,121,000	1,461,317,000	1,413,052,000	884,455,000	839,307,000	825,523,000	773,154,000	820,506,000	797,215,000	807,186,000	836,880,000	834,776,000	850,002,000	836,541,000	804,518,000	795,312,000	802,459,000	811,860,000	648,881,000	697,800,000	707,888,000	694,549,000	709,714,000	730,467,000	687,230,000	638,515,000	583,283,000	532,700,000	541,268,000	551,048,000	550,140,000	537,489,000	518,357,000	570,868,000	1,120,141,000	1,127,917,000	1,115,755,000	1,072,663,000	1,007,023,000	947,478,000	903,327,000	843,901,000			726,397,000	278,903,000	293,265,000	295,708,000	288,650,000	275,877,000	337,040,000	329,705,000
common stock, par value 0.01 per share...		503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000				503,000
total belden stockholders’ equity						1,294,736,000	1,235,211,000	1,219,846,000	1,155,845,000	1,166,257,000	1,199,400,000	1,162,968,000	1,133,523,000	1,143,011,000	1,133,810,000	1,048,202,000	946,770,000	955,287,000	939,518,000	867,751,000	839,092,000	750,581,000	792,396,000	823,919,000	947,243,000	959,847,000	1,138,700,000	1,428,210,000	1,430,911,000	1,387,147,000	1,389,826,000	1,350,605,000	1,291,547,000	1,434,235,000	1,441,662,000	1,478,339,000	1,465,280,000	1,460,313,000	1,411,946,000	883,258,000	837,984,000	824,099,000
noncontrolling interest										45,000				939,000				795,000				6,470,000				5,972,000			418,000	441,000	476,000	505,000	599,000	631,000	698,000	764,000	841,000	1,004,000	1,106,000	1,197,000	1,323,000	1,424,000
noncontrolling interests							28,000	31,000	41,000		3,000	23,000	694,000		864,000	881,000	825,000		6,253,000	6,347,000	6,368,000		6,191,000	5,963,000	5,792,000		6,110,000	5,323,000
payable to sellers of precision optical technologies								291,508,000
assets of discontinued operations
liabilities of discontinued operations
current assets of discontinued operations																								250,322,000	344,212,000	375,135,000																																																						34,138,000	31,820,000	20,476,000
current liabilities of discontinued operations																								109,673,000	135,455,000	170,279,000																												86,860,000																										17,534,000	14,606,000	20,859,000
accumulated other comprehensive income															37,126,000																																													21,439,000	13,838,000	-8,919,000	-7,258,000	-36,648,000	-7,492,000	14,614,000	34,969,000	16,107,000	-7,903,000	10,227,000	112,133,000	153,442,000	153,975,000	93,198,000	47,384,000	27,922,000	20,083,000	15,013,000		27,862,000	16,952,000	7,807,000	11,506,000	18,087,000	9,115,000	286,000	4,283,000
assets held for sale																			27,559,000																35,953,000	30,743,000	25,916,000	23,193,000																																													5,392,000	3,968,000	6,769,000	6,648,000	5,822,000	3,701,000
current assets held for sale																					16,279,000																																		52,829,000
current liabilities held for sale																					5,555,000																																		20,664,000
long-term assets of discontinued operations
long-term liabilities of discontinued operations																																																																																1,516,000	575,000	5,368,000
preferred stock, par value 0.01 per share...																														1,000				1,000				1,000
preferred stock																												1,000	1,000		1,000	1,000	1,000		1,000	1,000	1,000		1,000
liabilities held for sale																																			1,732,000	1,803,000	1,661,000	1,736,000																																															965,000	892,000
current maturities of long-term debt																																							2,500,000	2,500,000	2,500,000	2,500,000	2,500,000	2,500,000	2,500,000	2,500,000	2,500,000	2,500,000	2,500,000	2,500,000	21,260,000	23,810,000	15,328,000	15,678,000	12,770,000											46,268,000						110,000,000	110,000,000	110,000,000	110,000,000	110,000,000		62,000,000		15,702,000	15,005,000	64,998,000	3,404,000	1,984,000	1,956,000	1,960,000	2,357,000	2,497,000
income tax receivable																																																			30,193,000	20,382,000			21,471,000
receivables, less allowance for doubtful accounts of 3,590 and 4,898 at 2009 and 2008, respectively																																																																		242,145,000
receivables, less allowance for doubtful accounts of 4,898 and 3,893 at 2008 and 2007, respectively																																																																						292,236,000
preferred stock, par value .01 per share — 2,000,000 shares authorized; no shares outstanding
accounts payable and accrued liabilities																																																																								380,484,000	375,693,000	350,047,000	410,219,000	421,779,000	214,422,000	200,008,000	-209,031,000	185,035,000	183,438,000	90,133,000
receivables, less allowance for doubtful accounts of 3,893 and 2,637 at 2007 and 2006, respectively																																																																										373,108,000
postretirement benefits other than pensions																																																																													43,539,000	43,397,000		30,089,000	31,139,000	9,580,000
receivables, less allowance for doubtful accounts of 2,637 and 3,839 at 2006 and 2005, respectively																																																																														217,908,000
goodwill, less accumulated amortization																																																																														275,134,000
minority interest																																																																																9,241,000	8,687,000
unearned deferred compensation																																																																																-2,462,000	-3,116,000	-2,721,000
statement of operations data:
revenues																																																																															1,352,131,000
operating income																																																																															68,151,000
income from continuing operations																																																																															32,642,000
diluted income per share from continuing operations																																																																															680
balance sheet data:
operating working capital																																																																															251,038,000
total assets																																																																															1,286,076,000				516,226,000	513,253,000	509,109,000	492,953,000	528,363,000	521,959,000
total long-term debt, including current maturities																																																																															231,051,000
stockholders’ equity																																																																															713,508,000
other data:
diluted weighted-average common shares outstanding																																																																															52,122,000
dividends per common share																																																																															200
income taxes receivable																																																																																194,000	1,680,000	2,773,000
goodwill, less accumulated amortization of 12,640 and 13,768 at 2004 and 2003, respectively																																																																																286,163,000
intangible assets, less accumulated amortization of 3,093 and 32 at 2004 and 2003, respectively																																																																																78,266,000
long-lived assets of discontinued operations																																																																																36,984,000	20,281,000	21,147,000
current assets
goodwill and other intangibles, less accumulated amortization																																																																																	306,977,000	79,099,000
current liabilities
trade accounts receivable, net of allowance for uncollectible accounts of 6,062 and 6,149, respectively																																																																																			89,568,000
intangible assets																																																																																			3,309,000	3,432,000	3,562,000	3,740,000	5,608,000	5,845,000
other assets																																																																																			10,195,000	10,772,000	13,364,000	13,211,000	4,323,000	3,016,000
other current liabilities																																																																																			76,318,000	69,854,000	73,527,000		68,900,000	69,078,000
long-term debt, excluding current maturities																																																																																			111,173,000	111,921,000	112,337,000		81,403,000	82,647,000
other non-current liabilities																																																																																			23,881,000	25,614,000	24,142,000	1,988,000	17,176,000	16,905,000
total liabilities																																																																																			214,776,000	209,373,000	212,927,000	210,049,000	185,748,000	187,160,000
minority interest in subsidiaries																																																																																			8,185,000	8,172,000	7,532,000	7,027,000	5,575,000	5,094,000
preferred stock, par value .01 per share—authorized 1,000,000 shares, no shares issued
paid-in capital																																																																																			206,129,000	205,806,000	203,684,000	202,544,000	202,281,000	202,074,000
deferred compensation																																																																																			-997,000	-1,194,000	-701,000	-727,000	-828,000	-928,000
total liabilities and stockholders’ equity																																																																																			516,226,000	513,253,000	509,109,000	492,953,000	528,363,000	521,959,000
trade accounts receivable, net of allowance for uncollectible accounts of 5,975 and 6,149, respectively																																																																																				79,349,000
preferred stock, par value .01 per share – authorized 1,000,000 shares, no shares issued
trade accounts receivable, net of allowance for uncollectible accounts of 6,068 and 6,149, respectively																																																																																					80,485,000
trade accounts receivable, net of allowance for uncollectible accounts of 6,149 and 6,319, respectively																																																																																						79,121,000
prepaid expenses and other current assets																																																																																						15,610,000
current deferred income tax asset																																																																																						14,615,000
non-current assets of discontinued operations
short-term obligations																																																																																								615,000
accrued payroll and related benefits																																																																																						14,053,000
accrued taxes																																																																																						5,565,000
accrued marketing program costs																																																																																						5,503,000
other accrued liabilities																																																																																						17,100,000
pension and other postretirement benefits																																																																																						21,756,000
commitments and contingencies
trade accounts receivable, net of allowance for uncollectible accounts of 6,602 and 6,319, respectively																																																																																							76,692,000
trade accounts receivable, net of allowance for uncollectible accounts of 6,526 and 6,319, respectively																																																																																								72,626,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-09-28	2025-06-29	2025-03-30	2024-12-31	2024-09-29	2024-06-30	2024-03-31	2023-12-31	2023-10-01	2023-07-02	2023-04-02	2022-12-31	2022-10-02	2022-07-03	2022-04-03	2021-12-31	2021-10-03	2021-07-04	2021-04-04	2020-12-31	2020-09-27	2020-06-28	2020-03-29	2019-12-31	2019-09-29	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-07-01	2018-04-01	2017-12-31	2017-10-01	2017-07-02	2017-04-02	2016-12-31	2016-10-02	2016-07-03	2016-04-03	2015-12-31	2015-09-27	2015-06-28	2015-03-29	2014-12-31	2014-09-28	2014-06-29	2014-03-30	2013-12-31	2012-07-01	2012-04-01	2011-10-02	2011-07-03	2011-04-03	2010-12-31	2010-10-03	2010-07-04	2010-04-04	2009-12-31	2009-09-27	2009-06-28	2009-03-29	2008-12-31	2008-09-28	2008-06-29	2008-03-30	2007-12-31	2007-09-23	2004-12-31	2004-09-30	2004-04-30	2004-01-31	2003-10-31	2003-07-31	2003-04-30

cash flows from operating activities:
net income	56,690,000	61,006,000	51,937,000	-73,852,000	53,689,000	49,034,000	37,309,000	38,509,000	72,327,000	68,775,000	62,945,000	62,015,000	98,321,000	58,642,000	35,844,000	-49,713,000	41,317,000	43,972,000	28,741,000	6,961,000	17,081,000	-67,881,000	-11,219,000	-147,229,000	-297,015,000	42,290,000	25,178,000	74,853,000	57,066,000	26,222,000	2,570,000	30,436,000	945,000	35,891,000	25,581,000	33,906,000	35,565,000	41,750,000	16,425,000	49,656,000	14,569,000	21,591,000	-19,636,000	15,993,000	33,847,000	15,000	24,594,000		18,115,000	24,275,000	-25,412,000	34,725,000	21,890,000		20,605,000	19,672,000	11,747,000		-7,476,000	-4,886,000	-32,454,000		31,653,000	42,150,000	13,220,000		49,416,000					2,747,000	-37,530,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	33,563,000	32,067,000	29,784,000	66,303,000	31,071,000	25,981,000	26,987,000	25,472,000	24,930,000	25,628,000	23,416,000	23,008,000	23,044,000	21,603,000	21,083,000	22,960,000	21,756,000	21,076,000	22,196,000	28,067,000	27,087,000	26,735,000	26,798,000	30,931,000	35,589,000	35,738,000	37,001,000	36,736,000	37,824,000	37,553,000	36,519,000	37,112,000	38,845,000	38,641,000	35,052,000	34,736,000	35,412,000	38,250,000	37,195,000	37,201,000	37,487,000	37,609,000	38,045,000	27,780,000	25,949,000	27,195,000	21,238,000		11,502,000	12,157,000	12,565,000	12,251,000	12,860,000		12,849,000	14,062,000	14,614,000		13,788,000	13,554,000	13,288,000		14,891,000	13,745,000	13,758,000		13,389,000		9,531,000	4,852,000	5,013,000	4,753,000
share-based compensation	8,010,000	6,827,000	7,776,000	-4,334,000	7,436,000	8,246,000	6,397,000	6,181,000	2,689,000	5,901,000	6,253,000	5,238,000	7,568,000	5,646,000	5,224,000	6,629,000	4,729,000	6,228,000	7,285,000	6,380,000	4,852,000	5,090,000	3,708,000	5,636,000	4,521,000	5,378,000	2,216,000	3,840,000	6,789,000	4,742,000	3,126,000	1,216,000	4,507,000	4,994,000	3,930,000	4,235,000	5,356,000	4,487,000	4,100,000	3,931,000	3,923,000	4,885,000	5,006,000	4,622,000	4,712,000	4,958,000	4,566,000		3,362,000	2,977,000	2,664,000	2,791,000	2,925,000		2,951,000	3,263,000	3,325,000		3,654,000	2,699,000	2,020,000		3,322,000	4,005,000	3,287,000		3,202,000
changes in operating assets and liabilities, net of the effects of currency exchange rate changes, acquired businesses and disposals:
receivables	-4,916,000	-25,839,000	-5,934,000	384,142,000	-27,636,000	-23,592,000	54,472,000	73,476,000	22,263,000	-85,140,000	13,928,000	9,203,000	-22,109,000	-58,316,000	37,617,000	9,985,000	-38,187,000	-40,602,000	-50,208,000	35,062,000	-16,957,000	8,975,000	43,627,000	16,924,000	-14,327,000	-41,059,000	61,388,000	-496,618,000	11,645,000	23,379,000	439,846,000	8,019,000	-14,968,000	-27,398,000	9,416,000	-272,000	-6,093,000	-48,848,000	45,098,000	12,598,000	-282,000	-16,591,000	10,341,000	28,773,000	-10,821,000	-27,272,000	-6,490,000		32,657,000	289,915,000	399,870,000	-38,192,000	-12,431,000		9,508,000	-41,127,000	-20,255,000		-1,871,000	1,808,000	40,847,000		12,530,000	-22,918,000	1,091,000		-13,235,000		5,909,000
inventories	-4,576,000	-9,082,000	-26,676,000	187,024,000	8,714,000	9,861,000	-9,657,000	-31,542,000	5,864,000	38,499,000	-28,152,000	16,951,000	35,912,000	-346,000	-46,959,000	-34,084,000	-8,789,000	-30,798,000	-19,313,000	820,000	442,000	19,285,000	-29,054,000	12,216,000	14,910,000	26,836,000	-9,485,000	-336,973,000	3,061,000	-9,664,000	328,797,000	-33,856,000	-8,180,000	-14,807,000	-27,245,000	-2,949,000	5,258,000	16,993,000	-16,625,000	11,225,000	19,816,000	6,374,000	-18,211,000	-8,144,000	-4,183,000	16,754,000	-13,268,000		-16,946,000	200,900,000	215,716,000	6,006,000	-24,622,000		-9,572,000	1,194,000	-12,520,000		7,470,000	12,664,000	29,497,000		-3,694,000	181,000	-3,927,000		3,427,000		1,731,000	-1,444,000	-928,000	-1,962,000	2,769,000
accounts payable	8,334,000	-14,850,000	-8,612,000	277,178,000	36,361,000	-13,121,000	-76,904,000	34,281,000	16,839,000	-3,239,000	-56,056,000	44,989,000	-42,021,000	-2,190,000	-21,373,000	61,926,000	23,582,000	46,889,000	3,269,000	26,012,000	16,803,000	-35,555,000	-50,827,000	36,819,000	13,196,000	5,908,000	-97,450,000	-334,324,000	2,272,000	1,981,000	300,670,000	70,462,000	15,542,000	11,348,000	3,400,000	43,187,000	16,841,000	-3,543,000	-17,187,000	17,066,000	-12,284,000	-9,127,000	-34,562,000	35,733,000	-3,029,000	-5,836,000	1,252,000		-8,130,000	222,725,000	214,707,000	8,754,000	10,528,000		7,106,000	8,753,000	18,429,000		18,186,000	15,535,000	-31,204,000
accrued liabilities	6,957,000	26,599,000	-40,913,000	347,659,000	-7,622,000	29,080,000	-45,868,000	27,026,000	-20,463,000	31,696,000	-54,551,000	35,831,000	17,278,000	25,002,000	-83,527,000	43,445,000	17,569,000	30,992,000	-30,765,000	19,020,000	2,051,000	24,728,000	-38,425,000	52,714,000	-10,958,000	11,515,000	-70,925,000	-297,429,000	5,403,000	20,810,000	288,454,000	29,752,000	266,000	-1,361,000	-53,733,000	30,413,000	-4,238,000	13,251,000	-52,607,000	29,860,000	33,717,000	19,602,000	-23,965,000	18,816,000	7,857,000	8,477,000	-40,748,000		681,000	123,732,000	181,064,000	16,103,000	-30,638,000		9,698,000	15,962,000	-15,408,000		2,388,000	-7,559,000	-18,372,000
income taxes	2,863,000	-11,168,000	6,813,000		-877,000	-7,373,000	9,470,000	-4,216,000	-4,656,000	2,503,000	2,701,000	4,682,000	-2,510,000	-2,046,000	2,209,000	-11,607,000	3,685,000	58,000	1,416,000	7,593,000	15,858,000	-29,774,000	-16,500,000	25,147,000	-7,289,000	-12,970,000	609,000	-8,853,000	8,605,000	-3,357,000	-785,000																																		8,145,000		15,116,000			516,000	2,067,000	1,449,000		-1,455,000
other assets	-122,000	-40,000	-3,634,000	2,696,000	-7,494,000	3,081,000	-1,353,000	-2,608,000	-2,509,000	-86,000	-4,111,000	-1,389,000	6,904,000	281,000	-2,915,000	-10,899,000	5,130,000	-2,698,000	-4,226,000	158,000	-12,111,000	7,827,000	6,144,000	-7,030,000	-14,180,000	4,442,000	650,000	-5,481,000	4,008,000	-6,673,000	-10,602,000	-4,209,000	-2,473,000	-779,000	-5,794,000	-2,038,000	341,000	3,683,000	-1,226,000	-6,464,000	4,019,000	1,013,000	-1,638,000	1,367,000	1,644,000	9,629,000	-2,417,000		-1,617,000	-215,000	-1,397,000	2,104,000	-794,000		3,013,000	5,983,000	759,000		503,000	3,831,000	-2,347,000		6,066,000
other liabilities	-1,797,000	16,509,000	-3,100,000	-1,516,000	-1,965,000	1,762,000	1,868,000	6,023,000	50,000	2,050,000	1,755,000	12,528,000	-7,048,000	1,098,000	-11,550,000	-3,259,000	-3,530,000	-6,968,000	-6,885,000	20,323,000	-1,544,000	-9,318,000	-9,501,000	5,493,000	1,279,000	-10,373,000	4,758,000	3,268,000	-2,009,000	-4,782,000	2,441,000	-221,000	2,304,000	9,804,000	-483,000	1,434,000	-2,590,000	-6,701,000	3,834,000	-538,000	-236,000	0	923,000	-1,764,000	-929,000	5,088,000	-2,690,000		-21,000	-4,063,000	-7,932,000	36,000	347,000		-3,532,000	-5,655,000	-2,019,000		-4,373,000	7,218,000	-3,679,000		-809,000
net cash from operating activities	105,006,000	82,029,000	7,441,000	59,053,000	91,677,000	82,959,000	2,721,000	159,645,000	105,278,000	86,587,000	-31,872,000	202,496,000	87,381,000	49,374,000	-57,955,000	170,136,000	75,265,000	68,149,000	-41,495,000	134,675,000	50,819,000	39,922,000	-52,052,000	187,376,000	67,872,000	67,705,000	-46,060,000	188,361,000	130,221,000	54,498,000	-83,860,000	151,685,000	68,834,000	47,044,000	-12,263,000	167,988,000	86,352,000	47,775,000	12,679,000	144,429,000	86,935,000	53,251,000	-48,205,000	129,262,000	54,211,000	30,970,000	-20,415,000		17,814,000	12,748,000	68,312,000	46,777,000	-15,627,000		49,898,000	18,720,000	-13,207,000		50,602,000	56,711,000	12,623,000		53,292,000	43,883,000	30,692,000		51,972,000					5,381,000	15,557,000	2,674,000
cash flows from investing activities:
capital expenditures	-39,681,000	-25,151,000	-32,202,000	15,790,000	-24,513,000	-21,996,000	-24,250,000	-54,861,000	-29,141,000	-18,885,000	-13,844,000	-54,844,000	-19,240,000	-20,047,000	-10,963,000	-35,413,000	-24,703,000	-19,643,000	-11,223,000	-33,406,000	-15,075,000	-20,799,000	-20,935,000	-35,934,000	-23,299,000	-27,174,000	-23,595,000	-34,396,000	-23,958,000	-23,593,000	-15,900,000	-30,831,000	-11,233,000	-11,798,000	-10,399,000	-17,917,000	-10,933,000	-11,693,000	-13,431,000	-15,863,000	-11,882,000	-11,768,000	-15,456,000	-14,402,000	-10,094,000	-10,607,000	-10,356,000		-14,196,000	-7,557,000	-6,877,000	-8,085,000	-6,798,000		-6,493,000	-5,703,000	-7,002,000		-7,836,000	-8,788,000	-9,554,000		-14,236,000	-11,280,000	-6,905,000		-13,351,000					-1,631,000	-2,155,000	-1,514,000
free cash flows	65,325,000	56,878,000	-24,761,000	74,843,000	67,164,000	60,963,000	-21,529,000	104,784,000	76,137,000	67,702,000	-45,716,000	147,652,000	68,141,000	29,327,000	-68,918,000	134,723,000	50,562,000	48,506,000	-52,718,000	101,269,000	35,744,000	19,123,000	-72,987,000	151,442,000	44,573,000	40,531,000	-69,655,000	153,965,000	106,263,000	30,905,000	-99,760,000	120,854,000	57,601,000	35,246,000	-22,662,000	150,071,000	75,419,000	36,082,000	-752,000	128,566,000	75,053,000	41,483,000	-63,661,000	114,860,000	44,117,000	20,363,000	-30,771,000		3,618,000	5,191,000	61,435,000	38,692,000	-22,425,000		43,405,000	13,017,000	-20,209,000		42,766,000	47,923,000	3,069,000		39,056,000	32,603,000	23,787,000		38,621,000					3,750,000	13,402,000	1,160,000
proceeds from disposal of tangible assets	53,000	9,000	106,000	427,000	46,000	0	60,000	0	13,776,000	8,000	1,000			1,368,000	56,000	26,985,000	0	3,237,000	12,000	71,000	0	1,000,000	2,090,000	6,000	0	9,000	10,000	24,000	39,000	1,492,000	25,000	1,024,000				110,000	241,000	31,000	10,000	388,000	65,000	74,000	6,000	111,000	1,760,000	1,000	12,000				-16,000	86,000	1,136,000		0	508,000	1,824,000		0				239,000	1,109,000	39,140,000		16,448,000
cash from business acquisitions	-174,000	0	7,918,000
net cash from investing activities	-39,802,000	-25,142,000	-24,178,000	-380,010,000	-320,584,000	-21,470,000	-24,190,000	-54,861,000	-24,492,000	-117,162,000	-3,843,000	-54,966,000	18,400,000	-56,812,000	261,789,000	26,918,000	-24,703,000	-11,881,000	-82,337,000	-28,565,000	34,976,000	-19,799,000	-18,255,000	-59,369,000	-23,733,000	-77,682,000	-23,585,000	-34,372,000	-23,919,000	-29,526,000	-52,859,000	-29,807,000	-11,169,000	-178,743,000	-10,399,000	-18,663,000	-11,663,000	-14,162,000	-28,769,000	-15,475,000	-8,290,000	-11,694,000	-710,795,000	-49,043,000	-9,932,000	-317,373,000	-16,000,000		-13,843,000	-8,144,000	-14,183,000	-37,225,000	-28,854,000		-6,493,000	-5,195,000	-5,015,000		-7,836,000	-8,403,000	-9,572,000		-150,731,000	-18,001,000	32,174,000		-13,973,000
cash flows from financing activities:
payments under share repurchase program, including excise tax	-50,000,000
payments on revolving credit facility	0
withholding tax payments for share-based payment awards	-6,357,000	-486,000	-13,671,000		-820,000	-189,000	-7,921,000	-135,000	-369,000	-3,648,000	-13,292,000	-652,000	-1,367,000	-1,467,000	-3,700,000		-94,000	-1,104,000	-905,000		-273,000	-55,000	-1,003,000		-61,000	-62,000	-1,940,000		-425,000	-76,000	-1,503,000
cash dividends paid	-1,976,000	-2,007,000	-2,017,000	-2,241,000	-2,035,000	-2,044,000	-2,075,000	-2,090,000	-2,123,000	-2,139,000	-2,146,000	-2,187,000	-2,242,000	-2,244,000	-2,276,000	-2,316,000	-2,247,000	-2,247,000	-2,246,000	-2,229,000	-2,228,000	-2,276,000	-2,296,000	-2,286,000	-10,705,000	-10,723,000	-10,725,000	-10,748,000	-10,387,000	-11,244,000	-10,790,000	-10,841,000	-10,847,000	-10,846,000	-10,842,000			-2,103,000	-2,101,000	-2,009,000	-2,151,000	-2,095,000	-2,140,000	-2,159,000	-2,182,000	-2,186,000	-2,172,000		-2,303,000	-2,409,000	-2,372,000	-2,326,000	-2,392,000		-2,340,000	-2,351,000	-2,361,000		-2,330,000	-2,334,000	-2,373,000		-2,158,000	-2,207,000	-2,251,000		-2,124,000	-7,287,069,000	-2,351,000
debt issuance costs paid																-388,000	-6,057,000											0	-140,000	-410,000	-7,059,000	-730,000	-14,542,000	-2,040,000	-4,000					-255,000	0	-21,000	-622,000	-4,128,000	-870,000	-4,000,000	-1,702,000
payments under financing lease obligations	-463,000	-456,000	-422,000		-239,000	-228,000	-227,000	-169,000	-139,000	-77,000	-38,000	-34,000	-40,000	-38,000	-45,000	-35,000
proceeds from issuance of common stock	7,810,000	0	3,818,000		5,765,000	0	3,152,000	0	4,889,000	0	1,679,000	0	0																																																									142,000	153,000	143,000
borrowings on revolving credit facility	0
net cash from financing activities	-54,164,000	-19,424,000	-96,784,000	78,796,000	-17,418,000	-2,461,000	-64,936,000	-44,529,000	-61,518,000	-42,088,000	-63,797,000	-16,537,000	-73,426,000	-16,591,000	-286,660,000	-8,888,000	-13,892,000	-5,111,000	-5,035,000	-2,326,000	-92,544,000	73,855,000	-53,896,000	-2,500,000	-38,010,000	-33,703,000	-12,735,000	-60,838,000	-35,952,000	-120,394,000	-64,586,000	-26,206,000	-271,563,000	-18,451,000	-15,228,000	-36,933,000	497,573,000	-3,310,000	-55,626,000	-152,234,000	-42,131,000	-1,740,000	190,086,000	216,834,000	-34,887,000	161,322,000	-6,051,000		-24,761,000	-21,711,000	-27,366,000	-4,892,000	3,228,000		1,934,000	-2,192,000	-48,364,000		-12,637,000	-2,676,000	-5,018,000		128,784,000	-33,128,000	-33,354,000		-12,485,000		-66,608,000
effect of foreign currency exchange rate changes on cash and cash equivalents	1,731,000	5,026,000	2,216,000	-8,188,000	4,556,000	-1,107,000	-3,809,000	5,818,000	-3,064,000	-1,615,000	881,000	9,217,000	-12,571,000	-7,871,000	-1,349,000	-2,162,000	-2,208,000	1,284,000	-2,277,000	6,713,000	5,206,000	5,327,000	-7,947,000	3,636,000	-4,630,000	-59,000	752,000	-1,568,000	-2,772,000	-5,992,000	3,060,000	4,073,000	4,901,000	4,586,000	5,698,000	-12,581,000	271,000	-795,000	1,229,000	-1,866,000	-3,036,000	1,902,000	-5,548,000	-4,993,000	-5,255,000	467,000	-1,259,000		-11,949,000	4,408,000	-7,885,000	1,567,000	5,685,000		5,127,000	-4,601,000	-3,410,000		7,023,000	4,565,000	-1,003,000		-5,572,000	70,000	7,366,000		4,714,000
decrease in cash and cash equivalents	12,771,000	42,489,000	-111,305,000		-241,769,000	57,921,000	-90,214,000		16,204,000	-74,278,000	-98,631,000		19,784,000	-31,900,000	-84,175,000		34,462,000	52,441,000	-131,144,000		-1,543,000	99,305,000	-132,150,000		1,499,000	-43,739,000	-81,628,000		67,578,000	-101,414,000	-198,245,000			-145,564,000	-32,192,000			29,508,000	-70,487,000		33,478,000	41,719,000	-574,462,000						-32,739,000	-12,699,000	18,878,000	6,227,000	-35,568,000				-69,996,000
cash and cash equivalents, beginning of period	0	0	370,302,000	144,118,000	0	0	597,044,000		0	0	687,676,000		0	0	643,757,000		0	0	501,994,000		0	0	425,885,000		0	0	420,610,000	0	0	0	561,108,000	0	0	0	848,116,000	0	0	0	216,751,000	0	0	0	741,162,000	0	0	0	613,304,000	0	0	382,716,000	0	0	358,653,000		0	0	308,879,000		0	0	227,413,000		0	0	159,964,000		0	94,860,045,000	0	0	0	32,701,000		0
cash and cash equivalents, end of period	12,771,000	42,489,000	258,997,000	-106,231,000	-241,769,000	57,921,000	506,830,000		16,204,000	-74,278,000	589,045,000		19,784,000	-31,900,000	559,582,000		34,462,000	52,441,000	370,850,000		-1,543,000	99,305,000	293,735,000		1,499,000	-43,739,000	338,982,000	91,583,000	67,578,000	-101,414,000	362,863,000	99,745,000	-208,997,000	-145,564,000	815,924,000	99,811,000	572,533,000	29,508,000	146,264,000	-25,146,000	33,478,000	41,719,000	166,700,000	292,060,000	4,137,000	-124,614,000	569,579,000	109,467,000	-32,739,000	370,017,000	18,878,000	6,227,000	323,085,000		50,466,000	6,732,000	238,883,000		37,152,000	50,197,000	224,443,000		25,773,000	-7,176,000	196,842,000		30,228,000	188,645,552,000	-16,454,000	7,474,000	3,664,000	37,790,000		-2,386,000
payments under share repurchase program			-84,492,000	38,901,000	-20,089,000	0	-57,865,000	-42,135,000	-63,776,000	-36,224,000	-50,000,000	-13,664,000	-69,777,000	-16,559,000	-50,000,000					0	0	-13,761,000	-21,239,000	0	-27,185,000			-50,000,000	-25,000,000	-24,730,000	-75,270,000	-13,492,000								0				-30,000,000	-31,000,000				-25,000,000	-25,000,000													0	-32,038,000	-36,298,000
•
broadcast solutions
enterprise connectivity solutions
industrial connectivity solutions
industrial it solutions
network security solutions
see note 5 to the consolidated financial statements for additional information regarding our segment measures.
copper spot prices per pound
high
low
name
john stroup
brian anderson
henk derksen
christoph gusenleitner
dean mckenna
glenn pennycook
ross rosenberg
dhrupad trivedi
roel vestjens
doug zink
item 1a.
item 1b.
item 2.
brazil
canada
china
czech republic
denmark
germany
hungary
italy
japan
mexico
netherlands
st. kitts
united kingdom
united states
total
item 3.
item 4.
item 5.
dividends per common share
common stock prices:
the chart above and the accompanying data are “furnished,” not “filed,” with the sec.
company name / index
belden inc.
s&p 500 index
s&p 1500 industrials index
item 6.
statement of operations data:
revenues																												1,929,594,000	-12,865,000	63,074,000	605,565,000																		19,751,000	464,291,000
operating income																												173,943,000	74,772,000	12,303,000	44,203,000																		14,386,000	43,965,000
operating income margin
income from continuing operations																																																	18,115,000	24,275,000
basic income per share from continuing operations attributable to belden stockholders
diluted income per share from continuing operations attributable to belden stockholders
balance sheet data:
total assets
long-term debt																													20,669,000	-179,726,000	1,662,654,000																		-30,000	550,295,000
long-term debt, including current maturities
total stockholders’ equity																													39,192,000	58,964,000	1,292,146,000																		-10,088,000	707,888,000
other data:
basic weighted-average common shares outstanding
diluted weighted-average common shares outstanding
adjusted results:
adjusted revenues
adjusted ebitda
adjusted ebitda margin
gaap revenues
deferred revenue adjustments
gaap operating income
amortization of intangible assets
deferred gross profit adjustments
depreciation expense
severance, restructuring, and acquisition integration costs
purchase accounting effects related to acquisitions
asset impairment and loss on sale of assets
gain on sale of assets								0
gaap operating income margin
see note 12 to the consolidated financial statements, severance, restructuring, and acquisition integration activities, for details.
item 7.
gross profit																												747,555,000	3,261,000	27,002,000	230,594,000																		10,203,000	141,718,000
selling, general and administrative expenses																												-393,202,000	6,126,000	-13,970,000	-124,872,000																		5,295,000	-83,226,000
research and development																													3,738,000	-108,000	-37,101,000																		-996,000	-14,033,000
amortization of intangibles																												-73,296,000	-494,000	-621,000	-24,418,000																		665,000	-3,235,000
interest expense																												-47,087,000	616,000	1,890,000	-16,978,000																		-581,000	-11,921,000
income from continuing operations before taxes																																																	13,665,000	32,395,000
income tax expense																														-4,919,000	-4,420,000																		4,450,000	-8,120,000
effective tax rate
as a percent of adjusted revenues
segment revenues
segment ebitda
as a percent of segment revenues
net cash provided by:
operating activities
investing activities
financing activities
effects of currency exchange rate changes on cash and cash equivalents
increase in cash and cash equivalents																																99,745,000				99,811,000								292,060,000	4,137,000	-124,614,000	-43,725,000	109,467,000						62,572,000	50,466,000			-2,913,000	37,152,000	50,197,000	-2,970,000	11,974,000	25,773,000	-7,176,000	36,878,000	39,640,000	30,228,000	42,930,413,000	-67,360,000
cash and cash equivalents, beginning of year
cash and cash equivalents, end of year
long-term debt payment obligations
interest payments on long-term debt obligations
operating lease obligations
purchase obligations
other commitments
pension and other postemployment obligations
as described in note 13 to the consolidated financial statements.
as described in note 20 to the consolidated financial statements.
includes agreements to purchase goods or services that are enforceable and legally binding on us and that specify all significant terms, including fixed or minimum quantities to be purchased; fixed, minimum, or variable price provisions; and the approximate timing of the transaction.
does not include accounts payable reflected in the financial statements. includes obligations for uncertain tax positions (see note 14 to the consolidated financial statements).
standby financial letters of credit
bank guarantees
surety bonds
item 7a.
unconditional copper purchase obligations:
commitment volume in pounds
weighted-average price per pound
commitment amounts
unconditional aluminum purchase obligations:
total unconditional purchase obligations
revolving credit agreement due 2018
average interest rate
variable-rate term loan due 2020
fixed-rate senior subordinated notes due 2022
fixed-rate senior subordinated notes due 2023
fixed-rate senior subordinated notes due 2024
fixed-rate senior subordinated notes due 2019
item 8.
assets
current assets:
cash and cash equivalents																													67,578,000	-101,414,000	362,863,000																		-32,739,000	370,017,000
other current assets																													1,582,000	-3,197,000	51,976,000																		232,000	20,781,000
total current assets																													83,866,000	-90,896,000	1,183,482,000																		-16,846,000	901,736,000
property, plant and equipment, less accumulated depreciation																													6,035,000	-5,529,000	351,122,000																		-2,455,000	290,257,000
goodwill																													1,561,000	-16,701,000	1,569,970,000																		-5,757,000	349,552,000
intangible assets, less accumulated amortization																													-10,894,000	-22,548,000	570,529,000																		-5,906,000	149,419,000
deferred income taxes																													-1,586,000	-1,210,000	66,649,000																		-50,000	20,123,000																				1,568,000	426,000	-53,000
other long-lived assets																													-3,489,000	9,754,000	24,797,000																		-1,753,000	66,946,000
liabilities and stockholders’ equity
current liabilities:
current maturities of long-term debt
total current liabilities																													7,675,000	22,791,000	589,124,000																		-7,449,000	346,457,000
postretirement benefits																													-2,010,000	-25,893,000	151,916,000																		-4,527,000	133,948,000
other long-term liabilities																													3,865,000	-1,993,000	36,767,000																		-1,311,000	29,138,000
stockholders’ equity:
preferred stock, par value 0.01 per share— 2,000 shares authorized; no shares outstanding
common stock, par value 0.01 per share— 200,000 shares authorized; 50,335 shares issued; 41,981 and 42,464 shares outstanding at 2015 and 2014, respectively
additional paid-in capital																													6,209,000	4,126,000	1,125,364,000																		562,000	593,282,000
retained earnings																													75,118,000	18,094,000	795,977,000																		40,098,000	298,321,000
accumulated other comprehensive loss																													-17,261,000	61,028,000	-129,434,000																		-28,238,000	-12,083,000
treasury stock, at cost— 8,354 and 7,871 shares at 2015 and 2014, respectively
total belden stockholders’ equity																													39,221,000	59,058,000	1,291,547,000
noncontrolling interest																													-29,000	-94,000	599,000
cost of sales																												-1,182,039,000	16,126,000	-36,072,000	-374,971,000																		-9,548,000	-322,573,000
income from equity method investment																																								-311,000	-348,000	-343,000	-768,000	-715,000	-1,030,000	-1,256,000	-954,000		-781,000	2,741,000	9,196,000	-3,855,000	-3,862,000		-3,053,000	-3,211,000	-2,641,000
loss on debt extinguishment												0	0	0	6,392,000	0														16,930,000	-19,960,000	-104,882,000	51,594,000
income tax benefit																												-27,315,000
income from discontinued operations, net of tax
income from disposal of discontinued operations, net of tax
less: net income attributable to noncontrolling interest
net income attributable to belden stockholders
weighted-average number of common shares and equivalents:
basic																												165,000	-225,000	-898,000	41,633,000																		-386,000	45,912,000
diluted																												-6,722,000	6,704,000	-659,000	41,633,000																		-633,000	46,938,000
basic income per share attributable to belden stockholders:
continuing operations																																																	400	530
discontinued operations
disposal of discontinued operations
diluted income per share attributable to belden stockholders:
foreign currency translation, net of tax of 1.3 million, 1.8 million, and 2.2 million, respectively
adjustments to pension and postretirement liability, net of tax of 3.1 million, 3.6 million, and 14.0 million, respectively
other comprehensive income, net of tax
comprehensive income																																																	-20,749,000	34,901,000
less: comprehensive loss attributable to noncontrolling interest
comprehensive income attributable to belden stockholders
tax benefit related to share-based compensation																																					-507,000			14,000	224,000	-1,598,000	-3,690,000	-1,920,000	-45,000	-1,630,000	-3,264,000		210,000	-4,119,000
deferred income tax expense
changes in operating assets and liabilities, net of the effects of currency exchange rate changes and acquired businesses:
accrued taxes																																		-10,136,000	-2,387,000	28,474,000	1,007,000	-11,364,000	-6,395,000	35,865,000	-13,670,000	-10,164,000	-50,000	18,183,000	-686,000	-7,065,000	-1,374,000		-1,539,000	5,105,000	4,810,000	5,693,000	7,347,000		3,972,000	-4,076,000	-1,191,000		18,554,000	-5,349,000	-11,209,000		-8,754,000
cash used to acquire businesses, net of cash acquired																								-23,441,000	-434,000			0	0	-8,496,000	-76,084,000	0	49,000			-1,000,000	0	-2,500,000	-15,348,000	0	0	0	-695,345,000	-34,752,000	-1,598,000	-306,767,000	-4,700,000		0	-587,000	-7,290,000	-29,226,000	-23,192,000
proceeds from (payments for) disposal of business																																								0				0	0
borrowings under credit arrangements																0												0	0	0	431,270,000	0								0	0	0	200,000,000	256,163,000	0																						16,000,000
contribution from noncontrolling interest
withholding tax payments for share based payment awards, net of proceeds from the exercise of stock options
payments under borrowing arrangements												0	0	0	-230,639,000	0	-358,463,000	0	-1,841,000	0	-90,000,000							0	0	-83,523,000	-401,234,000	0	-1,100,671,000			-242,500,000	-625,000	-625,000	-50,625,000	-151,250,000	-625,000			-1,250,000	-625,000				0	-600,000					0	0	-46,268,000										-16,000,000
balance at december 31, 2012
foreign currency translation, net of 2.2 million tax
adjustments to pension and postretirement liability, net of 14.0 million tax
exercise of stock options, net of tax withholding forfeitures
conversion of restricted stock units into common stock, net of tax withholding forfeitures
share repurchase program
dividends
balance at december 31, 2013
foreign currency translation, net of 1.8 million tax
adjustments to pension and postretirement liability, net of 3.6 million tax
other comprehensive loss, net of tax
balance at december 31, 2014
foreign currency translation, net of 1.3 million tax
adjustments to pension and postretirement liability, net of 3.1 million tax
balance at december 31, 2015
cash
property, plant and equipment
intangible assets
other non-current assets
deferred revenue																																																							-3,509,000	-5,377,000	-5,885,000		61,000	831,000	-49,000
other non-current liabilities
total liabilities
net assets
intangible assets subject to amortization:
developed technology
customer relationships
backlog
total intangible assets subject to amortization
intangible assets not subject to amortization:
trademarks
in-process research and development
total intangible assets not subject to amortization
total intangible assets
weighted-average amortization period
developed technologies
affiliate revenues
purchase accounting effects of acquisitions
acquisition of property, plant and equipment
segment assets
total segments
total segment revenues
consolidated revenues
total segment ebitda
eliminations
consolidated operating income
consolidated income from continuing operations before taxes
see note 12, severance, restructuring, and acquisition integration activities, for details.
total segment assets
income tax receivable
corporate assets
total segment acquisition of property, plant and equipment
corporate acquisition of property, plant and equipment
total acquisition of property, plant and equipment
year ended december 31, 2015
percent of total revenues
long-lived assets
year ended december 31, 2014
year ended december 31, 2013
numerator for basic and diluted income per share:
income from continuing operations attributable to belden stockholders
income from discontinued operations, net of tax, attributable to belden stockholders
income from disposal of discontinued operations, net of tax, attributable to belden stockholders
denominator:
weighted-average shares outstanding, basic
effect of dilutive common stock equivalents
weighted-average shares outstanding, diluted
raw materials
work-in-process
finished goods
gross inventories
excess and obsolete reserves
net inventories
land and land improvements
buildings and leasehold improvements
machinery and equipment
computer equipment and software
construction in process
gross property, plant and equipment
accumulated depreciation
net property, plant and equipment
definite-lived intangible assets subject to amortization:
in-service research and development
indefinite-lived intangible assets not subject to amortization:
acquisitions and purchase accounting adjustments
translation impact
reclassify to definite-lived
current deferred revenue
wages, severance and related taxes
accrued rebates
employee benefits
accrued interest
other																		-32,000	-43,000	-40,000	-43,000	-53,000	-58,000	-128,000	-59,000	-103,000	-70,000									144,000
accounts payable and accrued liabilities																																																																9,222,000	-8,709,000		-15,199,000		-1,577,000
new charges
cash payments
foreign currency translation
other adjustments
balance at march 29, 2015
balance at june 28, 2015
balance at september 27, 2015
variable rate term loan due 2020
senior subordinated notes:
5.25% senior subordinated notes due 2024
5.50% senior subordinated notes due 2023
5.50% senior subordinated notes due 2022
9.25% senior subordinated notes due 2019
total senior subordinated notes
total debt and other borrowing arrangements
less current maturities of term loan
senior subordinated notes due
2019
year
2016
2017 and thereafter
2017
2018
2020
thereafter
income from continuing operations before taxes:
united states operations
foreign operations
currently payable
united states federal
united states state and local
foreign
deferred
effective income tax rate reconciliation from continuing operations:
united states federal statutory rate
state and local income taxes
impact of change in tax contingencies
foreign income tax rate differences
impact of change in deferred tax asset valuation allowance
domestic permanent differences & tax credits
components of deferred income tax balances:
deferred income tax liabilities:
plant, equipment, and intangibles
deferred income tax assets:
postretirement, pensions, and stock compensation
reserves and accruals
net operating income and tax credit carryforwards
valuation allowances
net deferred income tax asset
france
united states - various states
australia
balance at beginning of year
additions based on tax positions related to the current year
additions for tax positions of prior years
reductions for tax positions of prior years - settlement
reduction for tax positions of prior years - statute of limitations
balance at end of year
years ended december 31,
change in benefit obligation:
benefit obligation, beginning of year
service cost
interest cost
participant contributions
actuarial gain
acquisitions
settlements
curtailments
foreign currency exchange rate changes
benefits paid
benefit obligation, end of year
change in plan assets:
fair value of plan assets, beginning of year
actual return on plan assets
employer contributions
plan participant contributions
fair value of plan assets, end of year
funded status, end of year
amounts recongized in the balance sheets:
prepaid benefit cost
accrued benefit liability
net funded status
components of net periodic benefit cost:
expected return on plan assets
amortization of prior service credit
curtailment gain
settlement loss
net income recognition
net periodic benefit cost
weighted-average assumptions for benefit obligations at year end:
discount rate
salary increase
weighted-average assumptions for net periodic cost for the year:
expected return on assets
assumed health care cost trend rates:
health care cost trend rate assumed for next year
rate that the cost trend rate gradually declines to
year that the rate reaches the rate it is assumed to remain at
effect on total of service and interest cost components
effect on postretirement benefit obligation
asset category:
equity securities
large-cap fund
mid-cap fund
small-cap fund
debt securities
government bond fund
corporate bond fund
fixed income fund
cash & equivalents
this category includes guaranteed insurance contracts.
2021-2025
components of accumulated other comprehensive loss:
net actuarial loss
net prior service credit
changes in accumulated other comprehensive loss:
net actuarial loss, beginning of year
amortization cost
curtailment gain recognized
settlement loss recognized
asset loss
currency impact
net actuarial loss, end of year
prior service credit, beginning of year
amortization credit
prior service credit, end of year
expected 2016 amortization:
amortization of net income
foreign currency translation loss, net of 1.3 million, 1.8 million, and 2.2 million tax, respectively
adjustments to pension and postretirement liability, net of 3.1 million, 3.6 million, and 14.0 million tax, respectively
total comprehensive income
other comprehensive income before reclassifications
amounts reclassified from accumulated other comprehensive income
net current period other comprehensive loss
other comprehensive loss attributable to belden stockholders before reclassifications
net current period other comprehensive loss attributable to belden stockholders
amortization of pension and other postretirement benefit plan items:
actuarial losses
prior service credit
total before tax
tax benefit
total net of tax
the amortization of these accumulated other comprehensive income components are included in the computation of net periodic benefit costs (see note 15).
total share-based compensation cost
weighted-average fair value of sars and options granted
total intrinsic value of sars converted and options exercised
cash received for options exercised
weighted-average fair value of restricted stock shares and units granted
total fair value of restricted stock shares and units vested
expected volatility
expected term
risk-free rate
dividend yield
outstanding at january 1, 2015
granted
exercised or converted
forfeited or expired
outstanding at december 31, 2015
vested or expected to vest at december 31, 2015
exercisable or convertible at december 31, 2015
income tax refunds received																																																																				3,593,932,000	1,051,000
income taxes paid																																																																				-5,769,970,000
interest paid, net of amount capitalized																																																																				-15,367,853,000	-7,544,000
2015
number of days in quarter
2014
item 9.
item 9a.
item 9b.
item 10.
item 11.
item 12.
item 13.
item 14.
item 15.
documents filed as part of this report:
1.
2.
accounts receivable—
allowance for doubtful accounts:
2013
inventories—
excess and obsolete allowances:
deferred income tax asset—
valuation allowance:
3.
exhibit number
3.1
3.2
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.8
4.9
4.10
4.11
4.12
4.13
4.14
4.15
4.16
4.17
4.18
4.19
10.1
10.2*
10.3*
10.4*
10.5*
10.6*
10.7*
10.8*
10.9*
10.10*
10.11*
10.12*
10.13*
10.14*
10.15*
10.16*
10.17*
10.18*
10.19*
10.20*
10.21*
10.22*
10.23*
10.24
10.25
10.26
10.27
10.28
10.29
10.30
12.1
14.1
21.1
23.1
24.1
31.1
31.2
32.1
32.2
*
date: february 25, 2016
/s/ john s. stroup
john s. stroup
/s/ henk derksen
/s/ douglas r. zink
douglas r. zink
/s/ bryan c. cressey*
bryan c. cressey
/s/ david aldrich*
david aldrich
/s/ lance c. balk*
lance c. balk
/s/ steven berglund*
steven berglund
/s/ judy l. brown*
judy l. brown
/s/ glenn kalnasy*
glenn kalnasy
/s/ jonathan klein*
jonathan klein
/s/ george minnich*
george minnich
/s/ john monter*
john monter
*by john s. stroup, attorney-in-fact
fixed charges
1 interest expensed and capitalized
2 an estimate of the interest factor in rental expense
total fixed charges
earnings
1 pre-tax income from continuing operations
2 fixed charges
3 amortization of capitalized interest
total earnings
ratio of earnings to fixed charges
title of each class
common stock, 0.01 par value
preferred stock purchase rights
cash from business acquisitions, net of cash acquired									-9,127,000						-65,990,000						0	0	590,000
proceeds from disposal of businesses, net of cash sold								0	0	-700,000	10,000,000	0	-4,112,000	0	338,686,000	34,937,000
cash from (used for) business acquisitions, net of cash acquired																409,000	0	-1,517,000	-72,232,000
asset impairments
changes in operating assets and liabilities, net of the effects of exchange rate changes, acquired businesses, and disposals:
cash from acquisitions and investments, net of cash acquired													-358,000
purchase of intangible assets																0	0
payments to noncontrolling interest holders
loss on disposal of discontinued operations
gain on sale of asset												0
cash from (used for) acquisitions and investments, net of cash acquired
payment of earnout consideration																				0	0	0	-29,300,000
proceeds from disposal of assets
goodwill and other asset impairment
withholding tax payments for share based-payment awards
asset impairment																	2,288,000	0	6,995,000																																								0	1,453,000	24,723,000		753,000	0	11,549,000		0
gain on disposal of business
proceeds from disposal of business, net of cash sold																		9,692,000	1,106,000	4,770,000
borrowings on revolver																					0
asset impairment of discontinued operations																				0	0	89,810,000	23,197,000
loss on disposal of business
redemption of stockholders' rights agreement																												0	0
research and development expenses
gain from patent litigation																												0
non-operating pension benefit
loss from discontinued operations, net of tax
net income attributable to belden																												75,013,000	57,012,000	26,251,000	2,618,000
less: preferred stock dividends																												26,199,000	-1,000	0	8,733,000
net income attributable to belden common stockholders																												48,814,000	57,013,000	26,251,000	-6,115,000
basic income per share attributable to belden common stockholders:
continuing operations attributable to belden common stockholders
discontinued operations attributable to belden common stockholders
diluted income per share attributable to belden common stockholders:
foreign currency translation, net of tax of 1.0 million, 1.7 million, and 1.3 million, respectively
adjustments to pension and postretirement liability, net of tax of 1.1 million, 1.0 million, and 2.2 million, respectively
less: comprehensive income attributable to noncontrolling interest
comprehensive income attributable to belden																												115,393,000	-21,277,000	118,687,000	-28,790,000
proceeds from disposal of business																												0	0	1,071,000	39,100,000
impairment of assets held for sale
non-operating pension cost
income before taxes																												102,168,000	80,031,000	31,141,000	6,990,000
less: net loss attributable to noncontrolling interest																												-160,000	54,000	-29,000	-48,000
foreign currency translation, net of tax of 1.7 million, 1.3 million, and 1.2 million, respectively
adjustments to pension and postretirement liability, net of tax of 1.0 million, 2.2 million, and 1.9 million, respectively
proceeds from the issuance of preferred stock
preferred stock																													0	0	1,000
common stock																													0	0	503,000																		0	503,000
treasury stock																													-24,845,000	-24,190,000	-500,864,000																		-22,510,000	-172,135,000
basic income per share attributable to belden common stockholders																													1,410	640	-150
diluted income per share attributable to belden common stockholders																													1,310	640	-150
common stock dividends declared per share																													0	0	50
non-operating pension costs																														18,000	-275,000
loss from disposal of discontinued operations, net of tax
foreign currency translation, net of tax of 1.3 million, 1.2 million, and 1.3 million, respectively
adjustments to pension and postretirement liability, net of tax of 2.2 million, 1.9 million, and 3.1 million, respectively
deferred income tax benefit																																													94,000	-2,539,000	-2,248,000
withholding tax payments for share-based payment awards, net of proceeds from the exercise of stock options																																	-695,000	-344,000	-4,382,000		-1,704,000	-765,000	-2,833,000
foreign currency translation, net of tax of 1.2 million, 1.3 million, and 1.8 million, respectively
adjustments to pension and postretirement liability, net of tax of 1.9 million, 3.1 million, and 3.6 million, respectively
proceeds from disposable of business
proceeds from issuance of preferred stock
dividends paid on common stock
tax deficiency (benefit) related to share-based compensation																																							67,000												-6,000	-128,000	-1,668,000						38,000	365,000	1,104,000
tax benefit (deficiency) related to share-based compensation																																							-67,000												6,000	128,000	1,668,000						-38,000	-365,000	-1,104,000
proceeds (payments) from exercise of stock options, net of withholding tax payments																																									-78,000	-597,000	-10,842,000	-3,712,000	-255,000
payments related to the disposal of a business
loss on sale of business																																															562,000
payments from disposal of businesses
benefit from inventory obsolescence																																												1,696,000	766,000	4,056,000	63,000
pension funding less than pension expense																																												1,945,000	65,000	958,000	763,000		127,000	756,000
gain on sale of businesses
proceeds from settlement of derivatives
proceeds (payments) from disposal of businesses																																															-956,000
proceeds from exercise of stock options, net of withholding tax payments																																															-5,441,000
gain on sale of businesses and tangible assets
pension funding less than (greater than) pension expense																																																			962,000	207,000	1,613,000
non-cash loss on derivatives and hedging instruments																																																							144,000
proceeds from disposal of businesses and tangible assets, net of cash sold
proceeds from exercise of stock options																																																	19,000	2,179,000	0	602,000	3,952,000		86,000	91,000	543,000		0				786,000	871,000	4,300,000		138,000
interest income																																																	-140,000	351,000
basic income per share:
diluted income per share:
dividends declared per share																																																	0	50
provision for inventory obsolescence																																																	565,000	2,491,000	125,000	282,000	878,000		1,172,000	833,000	919,000		639,000	1,725,000	2,548,000		2,363,000
debt issuance costs																																																			0								-10,269,000	0	-1,541,000						0
basic income per share
diluted income per share
other income
cash from other investing activities																																																							0	0	163,000				-18,000				-61,000
cash received upon termination of derivative instruments
tax deficiency related to share-based compensation																																																							29,000	-68,000	278,000
amortization of discount on long-term debt																																																							-13,000	102,000	106,000
loss on sale of assets																																																											0
pension funding in excess of pension expense																																																							-3,053,000	3,304,000	-6,004,000		-548,000	-4,134,000	-2,318,000		2,225,000	-689,000	-2,650,000		476,000
deferred cost of sales																																																							1,583,000	2,357,000	2,539,000				228,000
cash used to invest in and acquire businesses																																																															-136,734,000
amortization of discount on convertible subordinated notes
loss on disposal of tangible assets																																																															0	0	884,000
excess tax benefits related to share-based compensation																																																															-156,000	-246,000	-895,000		127,000
provision for excess and obsolete inventories																																																																	1,660,000
changes in operating assets and liabilities, net of the effects of currency exchange rate changes and business acquisitions and disposals:
other assets and liabilities																																																																	-6,721,000		7,010,000		4,148,000	1,940,000	2,455,000	-1,851,000
proceeds received under borrowing arrangements
loss on disposal of assets																																																																						56,000	-95,000	21,000
changes in operating assets and liabilities, net of the effects of acquisitions and currency exchange rate changes:
cash used to acquire businesses																																																																			-17,070,000
gain on disposal of tangible assets
benefit from excess and obsolete inventories
changes in operating assets and liabilities, net of the effects of currency exchange rate changes:
asset impairment charges																																																																						0	0	148,000
stock-based compensation expense
retirement savings plan contributions paid in stock
current income taxes
cash used to acquire a business
cash received from merger with cable design technologies corporation
supplemental cash flow information:
net income/																																																																				15,192,433,000	-7,412,000
adjustments to reconcile net income/(loss) to net cash from operating activities:
cash used to acquire business
proceeds from business divestiture
net payments under borrowing arrangements
effect of exchange rate changes on cash and cash equivalents																																																																				4,629,906,000	224,000	-701,000	882,000	884,000		330,000
cash received from merger of belden inc. and cable design technologies corporation
supplemental cash flow information
stock compensation																																																																					4,541,000
gain on disposal of assets
changes in operating assets and liabilities:
current and deferred income taxes																																																																					-22,000,000
net cash provided by/(used for) operating activities																																																																					3,195,000
net cash provided by/(used for) investing activities																																																																					-4,171,000
net borrowings/
cash received from merger
retirement savings plan contributions
employee stock purchase plan settlement
amortization of unearned deferred compensation
gain on disposal of current assets
gain on business divestiture
proceeds from disposal of current assets
proceeds from disposal of long-lived assets
cash flow from operating activities:
cumulative effect of change in accounting principle
other non-cash expenses																																																																						279,000	1,063,000	217,000
changes in assets and liabilities:
accounts receivable																																																																						-12,058,000	3,821,000	759,000	-4,126,000
accounts payable and accrued expenses																																																																						8,705,000	-5,196,000	602,000
net cash flow from operating activities																																																																						7,507,000
cash flow from investing activities:
purchases of property, plant and equipment																																																																						-1,639,000	-1,498,000	-1,631,000	-2,155,000	-1,514,000
acquisition of businesses, including transaction costs, net of cash acquired																																																																									0	0
proceeds from sale of assets																																																																						1,221,000	1,440,000	13,000	11,785,000	172,000
proceeds from sale of discontinued operations																																																																										0
net cash flow provided/(used) by investing activities
cash flow from financing activities:
net change in demand note borrowings																																																																									0	-624,000
funds provided by long-term debt																																																																						1,592,000	1,493,000	28,000	121,406,000	12,560,000
funds used to reduce long-term debt																																																																						-755,000	-2,236,000	-566,000	-91,329,000	-16,135,000
repurchase of common stock																																																																						0
net proceeds from exercise of stock options																																																																						107,000	586,000	837,000
net cash flow provided/(used) by financing activities
net increase in cash and cash equivalents																																																																						7,474,000	3,664,000	5,089,000	21,724,000	-2,386,000
supplemental disclosure of cash flow information:
cash paid during the period for:
interest																																																																						118,000	2,372,000	66,000		1,218,000
net loss
adjustments to reconcile net loss to net cash from operating activities:
net cash flow (used) provided by investing activities
net cash flow provided (used) by financing activities
net cash (used) provided by investing activities																																																																								-1,618,000
net cash provided (used) by financing activities																																																																								442,000
adjustments for non-cash items to reconcile
net income to cash from operating activities:
depreciation
amortization
tax benefit of option exercises
stock compensation expense
changes in assets and liabilities net of effects of businesses acquired:
prepaid and other current assets
accrued payroll and related benefits
other accrued liabilities
proceeds from common shares issued or issuable
payments of deferred financing fees
effect of currency translation on cash and cash equivalents
net cash provided (used) by investing activities																																																																										-1,342,000
net cash (used) provided by financing activities																																																																										-4,048,000
common stock issued or issuable

Belden Inc(NYSE:BDC)

Belden Inc
(NYSE:BDC)