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Consolidated Statement Of Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net sales $ 454,925 $ 466,412 $ 888,489 $ 894,910
Cost of products sold 329,058 331,494 643,053 636,986
Gross Profit 125,867 134,918 245,436 257,924
Selling, general and administrative expense 111,770 112,417 219,270 218,194
Charge related to restructuring activities 1,999 431 2,547 431
Loss on debt extinguishment including debt finance charges and associated fees 312 11,855 312 16,736
Interest expense 1,405 2,233 2,881 4,844
Interest income (167) (279) (505) (546)
Earnings before Income Taxes 10,548 8,261 20,931 18,265
Income taxes 12,525 (2,400) 14,675 150
Net Earnings (loss) (1,977) 10,661 6,256 18,115
Net Earnings (loss) per Share - Basic $ (0.06) $ 0.33 $ 0.20 $ 0.56
Weighted Average Shares Outstanding - Basic 31,818 31,950 31,819 32,062
Net Earnings (loss) per Share - Assuming Dilution $ (0.06) $ 0.32 $ 0.20 $ 0.55
Weighted Average Shares Outstanding - Assuming Dilution 31,818 33,006 31,822 33,026
Other Comprehensive Income (Loss), Net of Tax        
Foreign currency translation adjustments (40,388) 25,560 (40,052) 60,993
Current period unrealized gain (loss) on cash flow hedges 253 (374) 1,046 (1,689)
Deferred tax benefit (loss) related to unrealized gain (loss) on cash flow hedges 23 359 (111) 390
Defined Benefit Plans        
Amortization of prior service costs and unrecognized gains (losses) (130) (15) 98 (40)
Amounts arising during the year, primarily due to the addition of new participants (133) (265) (168) (469)
Deferred tax adjustment resulting from defined benefit plan activity 37 75 26 110
Valuation reserve (reversal) associated with defined benefit plan activity (41) (4) (30) (21)
Other Comprehensive Income (Loss), Net of Tax (40,379) 25,336 (39,191) 59,274
Comprehensive Income $ (42,356) $ 35,997 $ (32,935) $ 77,389