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Consolidated Statements of Operations and Retained Earnings (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Statements of Operations      
Net sales $ 814,696 $ 765,769 $ 737,621
Cost of goods sold 485,735 471,006 484,335
Gross profit 328,961 294,763 253,286
Selling and general expenses 179,804 165,528 168,709
Technical, product engineering, and research expenses 56,767 54,203 52,529
Restructuring and other 9,317 3,747 68,174
Operating income/(loss) 83,073 71,285 (36,126)
Interest income (2,027) (1,165) (741)
Interest expense 20,148 18,405 21,368
Other expense/(income), net 2,720 (884) (49,700)
Income/(loss) before income taxes 62,232 54,929 (7,053)
Income tax expense 35,779 23,545 14,440
Income/(loss) before equity in earnings of associated companies 26,453 31,384 (21,493)
Equity in earnings of associated companies 81 92 32
Income/(loss) from continuing operations 26,534 31,476 (21,461)
(Loss)/income from discontinued operations 15,636 9,497 (12,061)
Income tax expense/(benefit) 7,232 3,337 (64)
Income/(loss) from discontinued operations 8,404 6,160 (11,997)
Net income/(loss) 34,938 37,636 (33,458)
Retained earnings      
Retained earnings, beginning of year 403,048 380,335 428,497
Less dividends declared (15,942) (14,923) (14,704)
Retained earnings, end of year $ 422,044 $ 403,048 $ 380,335
Earnings per share - Basic      
Income/(Loss) from continuing operations $ 0.85 $ 1.01 $ (0.7)
Discontinued operations $ 0.27 $ 0.2 $ (0.39)
Net Income/(loss) $ 1.12 $ 1.21 $ (1.09)
Earnings per share - Diluted      
Income/(Loss) from continuing operations $ 0.84 $ 1.01 $ (0.7)
Discontinued operations $ 0.27 $ 0.2 $ (0.39)
Net Income/(loss) $ 1.11 $ 1.21 $ (1.09)
Dividends declared per share $ 0.51 $ 0.48 $ 0.48