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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net sales        
Product sales $ 457,026 $ 417,259 $ 1,351,126 $ 1,232,336
Service sales 102,468 95,150 322,828 301,080
Total net sales 559,494 512,409 1,673,954 1,533,416
Cost of sales        
Cost of product sales 301,592 270,902 890,051 809,949
Cost of service sales 64,474 62,829 207,430 196,492
Total cost of sales 366,066 333,731 1,097,481 1,006,441
Gross profit 193,428 178,678 576,473 526,975
Research and development expenses 16,909 14,693 51,150 45,395
Selling expenses 30,659 31,816 95,504 95,279
General and administrative expenses 71,720 66,539 222,757 221,311
Operating income 74,140 65,630 207,062 164,990
Interest expense (9,013) (9,701) (27,054) (27,701)
Other income, net (158) 288 (64) 852
Earnings from continuing operations before income taxes 64,969 56,217 179,944 138,141
Provision for income taxes 20,659 18,282 56,359 43,801
Earnings from continuing operations 44,310 37,935 123,585 94,340
Loss from discontinued operations, net of taxes (19,277) (1,574) (26,997) (3,666)
Net earnings $ 25,033 $ 36,361 $ 96,588 $ 90,674
Basic earnings per share        
Earnings from continuing operations (usd per share) $ 0.92 $ 0.81 $ 2.57 $ 2.02
Earnings from discontinued operations (usd per share) $ (0.40) $ (0.04) $ (0.56) $ (0.08)
Total, Basic earnings per share (usd per share) $ 0.52 $ 0.77 $ 2.01 $ 1.94
Diluted earnings per share        
Earnings from continuing operations (usd per share) $ 0.90 $ 0.79 $ 2.52 $ 1.98
Earnings from discontinued operations (usd per share) $ (0.39) $ (0.03) $ (0.55) $ (0.08)
Total, Diluted earnings per share (usd per share) $ 0.51 $ 0.76 $ 1.97 $ 1.90
Dividends per share $ 0.13 $ 0.10 $ 0.39 $ 0.29
Weighted average shares outstanding:        
Basic (shares) 48,067 47,081 48,054 46,839
Diluted (shares) 49,101 48,063 49,136 47,685