XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net sales    
Product sales $ 526,354 $ 486,584
Service sales 115,058 106,103
Total net sales 641,412 592,687
Cost of sales    
Cost of product sales 363,654 339,626
Cost of service sales 75,606 69,354
Total cost of sales 439,260 408,980
Gross profit 202,152 183,707
Research and development expenses 18,349 17,608
Selling expenses 39,638 36,796
General and administrative expenses 85,064 91,277
Operating income 59,101 38,026
Interest expense (9,054) (8,659)
Other income, net 65 474
Earnings before income taxes 50,112 29,841
Provision for income taxes 14,948 8,898
Net earnings $ 35,164 $ 20,943
Earnings Per Share [Abstract]    
Basic earnings per share (usd per share) $ 0.73 $ 0.45
Diluted earnings per share (usd per share) $ 0.72 $ 0.44
Dividends per share $ 0.13 $ 0.09
Weighted average shares outstanding:    
Basic (shares) 47,982 46,615
Diluted (shares) 49,130 47,483