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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Net sales $ 1,859,313 $ 1,591,066 $ 1,550,497
Cost of sales 1,009,591 879,413 830,666
Gross profit 849,722 711,653 719,831
Selling, general and administrative expenses 265,128 284,807 246,534
Engineering, research and development expenses 136,057 121,140 118,456
Amortization 53,092 66,428 62,152
Operating income 395,445 239,278 292,689
Interest expense 48,600 46,962 34,094
Interest income (786) (4,652) (3,839)
Other (income) expense, net (6,656) (121,081) 8,002
Income before income tax expense 354,287 318,049 254,432
Income tax expense 59,318 63,189 13,677
Net income $ 294,969 $ 254,860 $ 240,755
Earnings Per Share:      
Basic net income per common share $ 2.19 $ 1.89 $ 1.71
Diluted net income per common share $ 2.16 $ 1.87 $ 1.69
Weighted average shares outstanding      
Basic 134,837 135,137 141,026
Diluted 136,266 136,568 142,610