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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Statement of Comprehensive Income [Abstract]        
Net sales $ 217,294 $ 219,542 $ 418,903 $ 435,883
Cost of goods sold 176,299 166,969 337,382 341,378
Gross profit 40,995 52,573 81,521 94,505
Operating expenses:        
Selling, general and administrative 18,667 19,683 36,658 38,656
Research & development expenses 1,063 1,081 2,237 2,096
Total operating expenses 19,730 20,764 38,895 40,752
Operating income 21,265 31,809 42,626 53,753
Interest expense, net 1,403 1,128 2,554 1,833
Foreign exchange loss (gain) 117 (1,042) 2,432 (41)
Income before income taxes 19,745 31,723 37,640 51,961
Provision for income taxes 6,142 11,095 12,094 17,148
Net income 13,603 20,628 25,546 34,813
Net income attributable to participating common shareholders $ 13,571 $ 20,585 $ 25,500 $ 34,740
Income per participating share:        
Basic $ 0.66 $ 0.94 $ 1.23 $ 1.59
Diluted $ 0.65 $ 0.93 $ 1.21 $ 1.56
Weighted average participating shares outstanding:        
Basic 20,435,846 21,876,265 20,807,777 21,870,343
Diluted 20,722,940 22,251,416 21,109,803 22,243,764
Other comprehensive (loss) income, net of tax:        
Change in interest rate swaps, (net of tax ($22), ($236), $245 and ($268)) $ 36 $ (384) $ (401) $ (436)
Change in pension and post-retirement plans, (net of tax ($7), ($19), ($108) and $20) 14 (50) 312 72
Other comprehensive (loss) income, net of tax 50 (434) (89) (364)
Comprehensive income $ 13,653 $ 20,194 $ 25,457 $ 34,449