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Condensed Consolidated Statements of Income (unaudited) (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
Condensed Consolidated Statements of Income (unaudited)        
Net sales $ 253,875 $ 247,756 $ 520,513 $ 477,945
Cost of sales 197,645 185,785 403,636 361,271
Gross profit 56,230 61,971 116,877 116,674
Selling, general, administrative and engineering expenses 40,376 38,789 82,263 78,278
Asset impairment charge 0 2,170 0 2,170
Income from operations 15,854 21,012 34,614 36,226
Interest expense 42 58 90 94
Other income, net of expenses 627 366 1,477 773
Income before income taxes 16,439 21,320 36,001 36,905
Income taxes 6,010 7,215 13,314 12,642
Net income 10,429 14,105 22,687 24,263
Net income attributable to non-controlling interest 63 19 76 33
Net income attributable to controlling interest $ 10,366 $ 14,086 $ 22,611 $ 24,230
Net income attributable to controlling interest:        
Basic (in dollars per share) $ 0.46 $ 0.62 $ 1.00 $ 1.07
Diluted (in dollars per share) $ 0.45 $ 0.61 $ 0.98 $ 1.06
Weighted average number of common shares outstanding:        
Basic (in shares) 22,691 22,576 22,667 22,571
Diluted (in shares) 23,041 22,992 23,047 22,956