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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Products $ 157,790 $ 198,827 $ 521,413 $ 560,742
Services 43,612 42,923 121,267 115,396
Total revenues 201,402 241,750 642,680 676,138
Cost and expenses:        
Products 88,923 113,642 293,279 309,181
Services 19,209 21,608 57,655 61,849
Total cost of sales 108,132 135,250 350,934 371,030
Selling, general and administrative 17,280 20,845 67,871 70,300
Engineering and product development 11,735 12,663 35,348 34,295
Total costs and expenses 137,147 168,758 454,153 475,625
Operating income 64,255 72,992 188,527 200,513
Interest income 345 206 559 555
Interest expense (4) (3) (10) (15)
Income before income taxes 64,596 73,195 189,076 201,053
Income tax provision 13,819 17,512 45,422 51,428
Net income $ 50,777 $ 55,683 $ 143,654 $ 149,625
Earnings per common share:        
Basic $ 1.32 $ 1.41 $ 3.72 $ 3.72
Diluted $ 1.32 $ 1.40 $ 3.70 $ 3.70
Weighted average common shares outstanding:        
Basic 38,347 39,630 38,601 40,208
Diluted 38,548 39,880 38,789 40,444