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Condensed Consolidated Statements of Income (unaudited) (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Condensed Consolidated Statements of Income (unaudited)        
Net sales $ 227,041,000 $ 214,624,000 $ 747,554,000 $ 692,569,000
Cost of sales 177,598,000 168,224,000 581,234,000 529,495,000
Gross profit 49,443,000 46,400,000 166,320,000 163,074,000
Selling, general, administrative and engineering expenses 40,003,000 37,362,000 122,266,000 115,640,000
Asset impairment charge 0 0 0 2,170,000
Income from operations 9,440,000 9,038,000 44,054,000 45,264,000
Interest expense 152,000 46,000 242,000 140,000
Other income, net of expenses 856,000 264,000 2,333,000 1,037,000
Income before income taxes 10,144,000 9,256,000 46,145,000 46,161,000
Income taxes 3,244,000 1,492,000 16,558,000 14,134,000
Net income 6,900,000 7,764,000 29,587,000 32,027,000
Net income attributable to non-controlling interest 48,000 41,000 124,000 74,000
Net income attributable to controlling interest $ 6,852,000 $ 7,723,000 $ 29,463,000 $ 31,953,000
Net income attributable to controlling interest:        
Basic (in dollars per share) $ 0.30 $ 0.34 $ 1.30 $ 1.42
Diluted (in dollars per share) $ 0.30 $ 0.34 $ 1.28 $ 1.39
Weighted average number of common shares outstanding:        
Basic (in shares) 22,691 22,599 22,675 22,580
Diluted (in shares) 23,053 23,007 23,049 22,973