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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Net sales $ 580,897 $ 550,722
Cost of goods sold 377,041 361,620
Gross profit 203,856 189,102
Selling, general & administrative expenses 122,370 113,810
Operating income 81,486 75,292
Other income (expense):    
Interest income 777 430
Equity earnings in affiliates 795 626
Other income 956 661
Interest expense (6,114) (3,827)
Total other income (expense) (3,586) (2,110)
Income before income taxes 77,900 73,182
Income taxes (Note 12) 22,052 19,558
Net income including non-controlling interests 55,848 53,624
Non-controlling interests in subsidiaries’ income (loss) 4 (14)
Net income $ 55,844 $ 53,638
Basic earnings (loss) per share (in dollars per share) $ 0.85 $ 0.77
Diluted earnings (loss) per share (in dollars per share) 0.84 0.76
Cash dividends declared per share (in dollars per share) $ 0.35 $ 0.32