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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net sales $ 2,298,893 $ 1,859,313 $ 1,591,066
Cost of sales 1,239,229 1,009,591 879,413
Gross profit 1,059,664 849,722 711,653
Selling, general and administrative expenses 292,408 265,128 284,807
Engineering, research and development expenses 167,632 136,057 121,140
Amortization 47,856 53,092 66,428
Operating income 551,768 395,445 239,278
Interest expense 41,240 48,600 46,962
Interest income (243) (786) (4,652)
Other expense (income), net 31,695 (6,656) (121,081)
Income before income tax expense 479,076 354,287 318,049
Income tax expense 69,950 59,318 63,189
Net income $ 409,126 $ 294,969 $ 254,860
Earnings Per Share:      
Basic net income per common share $ 3.02 $ 2.19 $ 1.89
Diluted net income per common share $ 3.00 $ 2.16 $ 1.87
Weighted average shares outstanding      
Basic 135,411 134,837 135,137
Diluted 136,574 136,266 136,568