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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net Sales        
Net sales $ 638,996 $ 620,298 $ 1,217,310 $ 1,167,820
Total net sales 638,996 620,298 1,217,310 1,167,820
Cost of sales        
Total cost of sales 408,952 393,798 790,393 760,129
Gross profit 230,044 226,500 426,917 407,691
Research and development expenses 18,900 15,054 36,141 30,995
Selling expenses 30,693 32,665 62,170 64,185
General and administrative expenses 74,766 76,705 150,876 145,937
Operating income 105,685 102,076 177,730 166,574
Interest expense (7,960) (9,566) (15,232) (17,770)
Other income, net 5,871 3,971 11,349 8,654
Earnings from continuing operations before income taxes 103,596 96,481 173,847 157,458
Provision for income taxes (23,524) (21,693) (38,182) (39,027)
Net earnings $ 80,072 $ 74,788 $ 135,665 $ 118,431
Basic earnings per share        
Basic earnings per share (usd per share) $ 1.87 $ 1.69 $ 3.17 $ 2.68
Diluted earnings per share        
Diluted earnings per share (usd per share) 1.86 1.68 3.15 2.66
Dividends per share $ 0.17 $ 0.15 $ 0.32 $ 0.30
Weighted average shares outstanding:        
Basic (shares) 42,758 44,124 42,776 44,144
Diluted (shares) 43,024 44,553 43,038 44,604
Product [Member]        
Product sales $ 532,253 $ 511,676 $ 1,003,852 $ 956,363
Cost of sales        
Cost of Goods and Services Sold 342,726 324,184 654,682 623,495
Service [Member]        
Net Sales        
Net sales 106,743 108,622 213,458 211,457
Cost of sales        
Cost of Goods and Services Sold $ 66,226 $ 69,614 $ 135,711 $ 136,634