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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net sales $ 1,175,270 $ 1,081,121 $ 962,069
Cost of sales 666,579 610,890 585,386
Gross profit 508,691 470,231 376,683
Selling, general and administrative expenses 201,901 198,914 231,833
Engineering, research and development expenses 106,991 105,900 87,711
Amortization of intangible assets 44,263 47,349 37,067
Contingent consideration fair value adjustment 0 0 (1,282)
Operating income 155,536 118,068 21,354
Interest expense 36,846 38,667 33,355
Interest income (318) (429) (1,336)
Other (income) expense, net (991) (12,355) 2,727
Income (loss) before income tax expense (benefit) and equity in net loss of affiliate 119,999 92,185 (13,392)
Income tax expense (benefit) 22,852 10,202 (21,572)
Equity in net loss of affiliate 0 1,687 293
Net income $ 97,147 $ 80,296 $ 7,887
Earnings Per Share:      
Basic net income per common share $ 0.69 $ 0.57 $ 0.06
Diluted net income per common share $ 0.68 $ 0.57 $ 0.06
Weighted shares outstanding      
Basic 141,093 140,353 139,311
Diluted 142,050 141,121 140,062