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Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues $ 807,357 $ 753,866 $ 2,147,192 $ 2,164,684
Gross profit 469,608 435,056 1,241,987 1,242,913
Research and development 34,656 36,015 100,236 108,650
Selling, general and administrative 204,974 202,826 593,852 612,466
Amortization 14,121 12,329 42,008 36,877
Interest expense 9,310 9,800 29,111 27,776
Restructuring Charges 4,570 6,732 7,335 11,146
Other charges (income), net (3,832) (2,005) (10,118) (4,253)
Earnings before taxes 205,809 169,359 479,563 450,251
Provision for taxes 44,042 39,964 93,119 81,891
Net earnings $ 161,767 $ 129,395 $ 386,444 $ 368,360
Basic earnings per common share:        
Net earnings $ 6.76 $ 5.28 $ 16.13 $ 14.93
Weighted average number of common shares 23,922,272 24,487,268 23,963,311 24,677,546
Diluted earnings per common share:        
Net earnings $ 6.68 $ 5.20 $ 15.92 $ 14.67
Weighted average number of common and common equivalent shares 24,225,204 24,880,179 24,272,354 25,103,173
Comprehensive Income, Net of Tax (Note 9) $ 180,099 $ 115,842 $ 382,844 $ 355,788
Product [Member]        
Revenues 630,372 586,756 1,656,819 1,677,030
Cost of Goods and Services Sold 254,050 233,369 662,681 670,401
Service [Member]        
Revenues 176,985 167,110 490,373 487,654
Cost of Goods and Services Sold $ 83,699 $ 85,441 $ 242,524 $ 251,370