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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 432,679 $ 446,728 $ 1,308,443 $ 1,292,290
Cost of products sold 225,223 227,967 682,427 678,335
Gross profit 207,456 218,761 626,016 613,955
Selling, general and administrative 95,103 102,175 294,329 289,602
Research and development 16,707 17,682 49,695 48,906
Restructuring charges (Note 3) 1,184 3,285 5,744 8,382
Currency exchange losses, net 2,985 1,496 4,715 8,781
Loss on divestiture of MSA LLC (Note 17) 0 0 0 129,211
Product liability expense (Note 17) 0 0 0 3
Operating income 91,477 94,123 271,533 129,070
Interest expense 9,153 12,498 29,556 37,149
Other income, net (5,833) (6,037) (16,215) (15,487)
Total other expense, net 3,320 6,461 13,341 21,662
Income before income taxes 88,157 87,662 258,192 107,408
Provision for income taxes (Note 10) 21,509 22,406 61,171 125,235
Net income (loss) $ 66,648 $ 65,256 $ 197,021 $ (17,827)
Earnings (loss) per share attributable to common shareholders (Note 9):        
Basic (in dollars per share) $ 1.69 $ 1.66 $ 5.00 $ (0.46)
Diluted (in dollars per share) 1.69 1.65 4.98 (0.46)
Dividends per common share (in dollars per share) $ 0.51 $ 0.47 $ 1.49 $ 1.40