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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Consolidated Statements of Income [Abstract]      
Net sales $ 760,941 $ 787,287 $ 742,887
Cost of goods sold 455,545 473,121 460,914
Gross profit 305,396 314,166 281,973
Selling and general expenses 169,774 174,395 160,126
Technical, product engineering, and research expenses 52,962 55,846 53,391
Restructuring and other 7,061 9,317 3,747
Pension settlement expense 119,735      
Operating (loss)/income (44,136) 74,608 64,709
Interest income (1,517) (2,027) (1,165)
Interest expense 18,118 20,148 18,405
Other expense/(income), net 7,629 2,639 (976)
(Loss)/income before income taxes (68,366) 53,848 48,445
Income tax (benefit)/expense (27,523) 32,582 21,022
(Loss)/income from continuing operations (40,843) 21,266 27,423
Income from operations of discontinued businesses 4,776 24,101 16,073
Gain on sale of discontinued businesses 92,296      
Income tax expense 25,252 10,429 5,860
Income from discontinued operations 71,820 13,672 10,213
Net income $ 30,977 $ 34,938 $ 37,636
Earnings per share - Basic      
(Loss)/income from continuing operations $ (1.3) $ 0.68 $ 0.88
Discontinued operations $ 2.29 $ 0.44 $ 0.33
Net Income $ 0.99 $ 1.12 $ 1.21
Earnings per share - Diluted      
(Loss)/income from continuing operations $ (1.3) $ 0.67 $ 0.88
Discontinued operations $ 2.27 $ 0.44 $ 0.33
Net Income $ 0.97 $ 1.11 $ 1.21
Dividends declared per share $ 0.55 $ 0.51 $ 0.48