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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue $ 481,998 $ 452,707 $ 926,734 $ 892,325
Cost of Goods and Services Sold 248,378 220,156 459,455 441,860
Gross profit 233,620 232,551 467,279 450,465
Operating expenses:        
Research and development 53,021 46,429 101,019 90,990
Selling, general and administrative 116,862 97,456 221,441 205,139
Loss on sale of business 0 0 0 10,178
Total operating expenses 169,883 143,885 322,460 306,307
Earnings from operations 63,737 88,666 144,819 144,158
Interest expense 7,272 3,992 12,788 8,044
Interest income (438) (656) (1,495) (1,612)
Other (income) expense, net (1,220) 2,377 646 158
Earnings before income taxes 58,123 82,953 132,880 137,568
Income tax provision 12,005 11,390 25,014 26,810
Net earnings $ 46,118 $ 71,563 $ 107,866 $ 110,758
Net earnings per share:        
Basic earnings per share (in dollars per share) $ 0.34 $ 0.52 $ 0.80 $ 0.80
Diluted earnings per share (in dollars per share) $ 0.34 $ 0.51 $ 0.79 $ 0.79
Weighted Average Number of Shares Outstanding, Basic 135,519 137,749 135,530 138,124
Weighted Average Number of Shares Outstanding, Diluted 137,084 140,149 137,105 140,564