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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net sales $ 1,081,121 $ 962,069 $ 693,459
Cost of sales 610,890 585,386 399,245
Gross profit 470,231 376,683 294,214
Selling, general and administrative expenses 198,914 231,833 137,123
Engineering, research and development expenses 105,900 87,711 55,320
Amortization of intangible assets 47,349 37,067 9,347
Contingent consideration fair value adjustment 0 (1,282) (1,813)
Operating income 118,068 21,354 94,237
Interest expense 38,667 33,355 153
Interest income (429) (1,336) (317)
Other (income) expense, net (12,355) 2,727 (1,794)
Income (loss) before income tax expense (benefit) and equity in net loss of affiliates 92,185 (13,392) 96,195
Income tax expense (benefit) 10,202 (21,572) 21,669
Equity in net loss of affiliates 1,687 293 0
Net income $ 80,296 $ 7,887 $ 74,526
Earnings Per Share:      
Basic net income per common share $ 0.57 $ 0.06 $ 0.54
Diluted net income per common share $ 0.57 $ 0.06 $ 0.53
Weighted shares outstanding      
Basic 140,353 139,311 138,950
Diluted 141,121 140,062 139,618