XML 38 R3.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements of Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Condensed Consolidated Statements of Income (unaudited) [Abstract]        
Net sales $ 211,350 $ 220,157 $ 768,141 $ 736,086
Cost of sales 166,212 176,896 594,724 573,890
Gross profit 45,138 43,261 173,417 162,196
Selling, general, administrative and engineering expenses 41,023 38,867 128,136 122,539
Income from operations 4,115 4,394 45,281 39,657
Interest expense 505 193 1,222 375
Other income, net of expenses 510 710 2,543 2,254
Income from operations before income taxes 4,120 4,911 46,602 41,536
Income taxes 2,162 3,145 18,070 15,734
Net income 1,958 1,766 28,532 25,802
Net loss attributable to non-controlling interest (334) (150) (669) (156)
Net income attributable to controlling interest $ 2,292 $ 1,916 $ 29,201 $ 25,958
Net income attributable to controlling interest        
Basic (in dollars per share) $ 0.10 $ 0.08 $ 1.27 $ 1.14
Diluted (in dollars per share) $ 0.10 $ 0.08 $ 1.26 $ 1.12
Weighted average number of common shares outstanding:        
Basic (in shares) 22,943 22,830 22,930 22,813
Diluted (in shares) 23,121 23,109 23,118 23,103
Dividends declared per common share (in dollars per share) $ 0.10 $ 0.10 $ 0.30 $ 0.30