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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 462,463 $ 447,299 $ 875,765 $ 845,561
Cost of products sold 239,434 233,503 457,205 450,367
Gross profit 223,029 213,796 418,560 395,194
Selling, general and administrative 105,075 96,336 199,226 187,427
Research and development 17,070 15,992 32,988 31,224
Restructuring charges (Note 3) 1,543 3,350 4,560 5,097
Currency exchange (gains) losses, net (603) 3,110 1,730 7,285
Loss on divestiture of MSA LLC (Note 17) 0 0 0 129,211
Product liability expense (Note 17) 0 0 0 3
Operating income 99,944 95,008 180,056 34,947
Interest expense 9,664 13,175 20,403 24,651
Other income, net (4,148) (5,650) (10,382) (9,450)
Total other expense, net 5,516 7,525 10,021 15,201
Income before income taxes 94,428 87,483 170,035 19,746
Provision for income taxes (Note 10) 22,194 20,393 39,662 102,829
Net income (loss) $ 72,234 $ 67,090 $ 130,373 $ (83,083)
Earnings (loss) per share attributable to common shareholders (Note 9):        
Basic (in dollars per share) $ 1.83 $ 1.71 $ 3.31 $ (2.12)
Diluted (in dollars per share) 1.83 1.70 3.30 (2.12)
Dividends per common share (in dollars per share) $ 0.51 $ 0.47 $ 0.98 $ 0.93