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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 446,728 $ 381,694 $ 1,292,290 $ 1,084,699
Cost of products sold 227,967 212,299 678,335 608,120
Gross profit 218,761 169,395 613,955 476,579
Selling, general and administrative 102,175 82,753 289,602 247,378
Research and development 17,682 14,416 48,906 43,017
Restructuring charges (Note 3) 3,285 899 8,382 3,146
Currency exchange losses, net 1,496 2,979 8,781 4,788
Loss on divestiture of MSA LLC (Note 17) 0 0 129,211 0
Product liability expense (Note 17) 0 4,035 3 9,733
Operating income 94,123 64,313 129,070 168,517
Interest expense 12,498 5,962 37,149 14,158
Other income, net (6,037) (2,359) (15,487) (15,121)
Total other expense (income), net 6,461 3,603 21,662 (963)
Income before income taxes 87,662 60,710 107,408 169,480
Provision for income taxes (Note 10) 22,406 15,804 125,235 41,339
Net income (loss) $ 65,256 $ 44,906 $ (17,827) $ 128,141
Earnings (loss) per share attributable to common shareholders (Note 9):        
Basic (in dollars per share) $ 1.66 $ 1.15 $ (0.46) $ 3.26
Diluted (in dollars per share) 1.65 1.14 (0.46) 3.25
Dividends per common share (in dollars per share) $ 0.47 $ 0.46 $ 1.40 $ 1.36