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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net sales        
Product sales $ 521,815 $ 491,056 $ 1,032,187 $ 953,506
Service sales 130,637 106,638 245,695 212,741
Total net sales 652,452 597,694 1,277,882 1,166,247
Cost of sales        
Cost of product sales 350,758 330,451 699,507 650,024
Cost of service sales 85,491 69,558 161,097 138,912
Total cost of sales 436,249 400,009 860,604 788,936
Gross profit 216,203 197,685 417,278 377,311
Research and development expenses 17,621 14,851 34,745 31,016
Selling expenses 37,047 37,202 75,295 72,006
General and administrative expenses 84,885 85,053 166,780 173,388
Operating income 76,650 60,579 140,458 100,901
Interest expense (8,988) (9,342) (18,044) (18,005)
Other income, net 64 200 118 645
Earnings from continuing operations before income taxes 67,726 51,437 122,532 83,541
Provision for income taxes 21,917 16,376 38,271 26,335
Earnings from continuing operations 45,809 35,061 84,261 57,206
Discontinued operations, net of taxes        
Loss from discontinued operations (4,994) (1,691) (8,282) (2,893)
Loss on divestitures (4,424) 0 (4,424) 0
Loss from discontinued operations (9,418) (1,691) (12,706) (2,893)
Net earnings $ 36,391 $ 33,370 $ 71,555 $ 54,313
Basic earnings per share        
Earnings from continuing operations (usd per share) $ 0.96 $ 0.75 $ 1.75 $ 1.22
Earnings from discontinued operations (usd per share) $ (0.20) $ (0.04) $ (0.26) $ (0.06)
Total, Basic earnings per share (usd per share) $ 0.76 $ 0.71 $ 1.49 $ 1.16
Diluted earnings per share        
Earnings from continuing operations (usd per share) $ 0.93 $ 0.74 $ 1.72 $ 1.20
Earnings from discontinued operations (usd per share) $ (0.19) $ (0.04) $ (0.26) $ (0.06)
Total, Diluted earnings per share (usd per share) $ 0.74 $ 0.70 $ 1.46 $ 1.14
Dividends per share $ 0.13 $ 0.10 $ 0.26 $ 0.19
Weighted average shares outstanding:        
Basic (shares) 48,175 46,786 48,055 46,700
Diluted (shares) 49,239 47,507 49,160 47,478