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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Products $ 135,194 $ 187,524
Services 31,367 38,478
Total revenues 166,561 226,002
Cost of sales:    
Products 76,922 106,007
Services 16,174 19,131
Total cost of sales 93,096 125,138
Selling, general and administrative 13,221 16,958
Engineering and product development 10,901 12,213
Total costs and expenses 117,218 154,309
Operating income 49,343 71,693
Interest income 482 49
Interest expense (4) (3)
Income before income taxes 49,821 71,739
Income tax provision 13,052 18,075
Net income $ 36,769 $ 53,664
Earnings per common share:    
Basic (in dollars per share) $ 0.97 $ 1.38
Diluted (in dollars per share) $ 0.97 $ 1.38
Weighted average common shares outstanding:    
Basic (in shares) 37,752 38,773
Diluted (in shares) 37,847 38,940