XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenue $ 466,414 $ 471,248 $ 1,399,352 $ 1,397,982
Cost of Goods and Services Sold 237,500 241,501 698,870 700,966
Gross profit 228,914 229,747 700,482 697,016
Operating expenses:        
Research and development 47,848 49,800 157,707 150,437
Selling, general and administrative 94,196 103,393 299,114 321,596
Restructuring expenses 293 2,166 28,779 5,776
Total operating expenses 142,337 155,359 485,600 477,809
Earnings from operations 86,577 74,388 214,882 219,207
Interest expense 7,273 7,582 21,196 20,370
Interest income (55) (612) (531) (2,107)
Loss on debt extinguishment 9,126 0 9,126 0
Other (income) expense, net (9,688) 292 78 938
Earnings before income taxes 79,921 67,126 185,013 200,006
Income tax provision 19,258 5,079 47,669 30,093
Net earnings $ 60,663 $ 62,047 $ 137,344 $ 169,913
Net earnings per share:        
Basic earnings per share (in dollars per share) $ 0.46 $ 0.46 $ 1.04 $ 1.26
Diluted earnings per share (in dollars per share) $ 0.46 $ 0.46 $ 1.03 $ 1.24
Weighted Average Number of Shares Outstanding, Basic 131,125 134,741 131,848 135,264
Weighted Average Number of Shares Outstanding, Diluted 131,683 136,050 132,841 136,826