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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Net sales $ 550,722 $ 657,900
Cost of goods sold 361,620 437,510
Gross profit 189,102 220,390
Selling, general & administrative expenses 113,810 129,891
Operating income 75,292 90,499
Other income (expense):    
Interest income 430 593
Equity earnings in affiliates 626 849
Other income 661 2,610
Interest expense (3,827) (1,844)
Total other income (expense) (2,110) 2,208
Income before income taxes 73,182 92,707
Income taxes 19,558 24,389
Net income including non-controlling interests 53,624 68,318
Non-controlling interests in subsidiaries’ loss (14) (36)
Net income $ 53,638 $ 68,354
Basic earnings (loss) per share (in dollars per share) $ 0.77 $ 0.90
Diluted earnings (loss) per share (in dollars per share) 0.76 0.89
Cash dividends declared per share (in dollars per share) $ 0.32 $ 0.29