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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 447,299 $ 372,313 $ 845,561 $ 703,005
Cost of products sold 233,503 207,913 450,367 395,821
Gross profit 213,796 164,400 395,194 307,184
Selling, general and administrative 96,336 86,076 187,427 164,625
Research and development 15,992 15,268 31,224 28,601
Restructuring charges (Note 3) 3,350 57 5,097 2,247
Currency exchange losses (gains), net 3,110 (1,463) 7,285 1,809
Loss on divestiture of MSA LLC (Note 17) 0 0 129,211 0
Product liability expense (Note 17) 0 2,926 3 5,698
Operating income 95,008 61,536 34,947 104,204
Interest expense 13,175 4,578 24,651 8,196
Other income, net (5,650) (6,419) (9,450) (12,762)
Total other expense (income), net 7,525 (1,841) 15,201 (4,566)
Income before income taxes 87,483 63,377 19,746 108,770
Provision for income taxes (Note 10) 20,393 15,684 102,829 25,535
Net income (loss) $ 67,090 $ 47,693 $ (83,083) $ 83,235
Earnings (loss) per share attributable to common shareholders (Note 9):        
Basic (in dollars per share) $ 1.71 $ 1.21 $ (2.12) $ 2.12
Diluted (in dollars per share) 1.70 1.21 (2.12) 2.11
Dividends per common share (in dollars per share) $ 0.47 $ 0.46 $ 0.93 $ 0.90