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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CONSOLIDATED STATEMENTS OF INCOME [Abstract]    
Net sales $ 188,553 $ 206,722
Cost of goods sold 116,719 117,877
Gross profit 71,834 88,845
Selling, general, and administrative expenses 48,815 47,476
Technical, product engineering, and research expenses 12,939 14,354
Restructuring and other, net 258 34
Pension settlement expense 9,175   
Operating income 647 26,981
Interest expense, net 4,644 4,776
Other expense, net 4,548 4,813
(Loss)/income before income taxes (8,545) 17,392
Income tax (benefit)/expense (9,379) 3,988
Income from continuing operations 834 13,404
Income from operations of discontinued business 460 4,650
Gain on sale of discontinued business 57,968   
Income taxes on discontinued operations 12,221 1,321
Income from discontinued operations 46,207 3,329
Net income $ 47,041 $ 16,733
Earnings per share - Basic    
Income from continuing operations $ 0.03 $ 0.43
Discontinued operations $ 1.47 $ 0.11
Net income $ 1.5 $ 0.54
Earnings per share - Diluted    
Income from continuing operations $ 0.03 $ 0.43
Discontinued operations $ 1.46 $ 0.1
Net income $ 1.49 $ 0.53
Shares used in computing earnings per share:    
Basic 31,309 31,223
Diluted 31,533 31,384
Dividends per share $ 0.13 $ 0.12