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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales $ 1,591,066 $ 1,550,497 $ 1,342,532
Cost of sales 879,413 830,666 733,547
Gross profit 711,653 719,831 608,985
Selling, general and administrative expenses 284,807 246,534 216,194
Engineering, research and development expenses 121,140 118,456 106,951
Amortization of intangible assets 66,428 62,152 44,023
Operating income 239,278 292,689 241,817
Interest expense 46,962 34,094 32,343
Interest income (4,652) (3,839) (715)
Other (income) expense, net (121,081) 8,002 25,458
Income before income tax expense 318,049 254,432 184,731
Income tax expense 63,189 13,677 99,665
Net income $ 254,860 $ 240,755 $ 85,066
Earnings Per Share:      
Basic net income per common share $ 1.89 $ 1.71 $ 0.60
Diluted net income per common share $ 1.87 $ 1.69 $ 0.59
Weighted average shares outstanding      
Basic 135,137 141,026 141,553
Diluted 136,568 142,610 143,518