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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net sales $ 232,442 $ 211,999 $ 689,322 $ 673,753
Cost of goods sold 140,400 124,697 407,006 393,999
Gross profit 92,042 87,302 282,316 279,754
Selling, general, and administrative expenses 37,696 39,518 116,899 118,167
Technical and research expenses 9,673 8,301 28,916 26,304
Restructuring expenses, net 187 710 230 4,189
Operating income 44,486 38,773 136,271 131,094
Interest expense, net 3,734 2,242 11,521 10,042
Aviation Manufacturing Jobs Protection (AMJP) grant (5,832) 0 (5,832) 0
Other expense/(income), net 2,753 (2,745) 4,215 13,915
Income before income taxes 43,831 39,276 126,367 107,137
Income tax expense 12,889 9,686 36,375 37,504
Net income 30,942 29,590 89,992 69,633
Net income/(loss) attributable to the noncontrolling interest 80 1 150 (1,419)
Net income attributable to the Company $ 30,862 $ 29,589 $ 89,842 $ 71,052
Basic earnings per share (in dollars per share) $ 0.95 $ 0.92 $ 2.78 $ 2.20
Diluted earnings per share (in dollars per share) $ 0.95 $ 0.91 $ 2.77 $ 2.20
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]        
Weighted average number of shares used in calculating basic net income per share (in shares) 32,381 32,337 32,369 32,326
Weighted average number of shares used in calculating diluted net income per share (in shares) 32,434 32,344 32,424 32,333
Dividends declared per share, Class A and Class B (in dollars per share) $ 0.20 $ 0.19 $ 0.60 $ 0.57