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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Consolidated Statements of Income [Abstract]      
Net sales $ 757,414 $ 760,941 $ 787,287
Cost of goods sold 466,860 455,545 473,121
Gross profit 290,554 305,396 314,166
Selling, general and administrative expenses 157,688 169,774 174,395
Technical, product engineering, and research expenses 55,667 52,962 55,846
Restructuring and other, net 25,108 7,061 9,317
Pension settlement expense    119,735   
Operating income/(loss) 52,091 (44,136) 74,608
Interest income (1,468) (1,517) (2,027)
Interest expense 15,227 18,118 20,148
Other expense/(income), net 7,256 7,629 2,639
Income/(loss) before income taxes 31,076 (68,366) 53,848
Income tax expense/(benefit) 13,372 (27,523) 32,582
Income/(loss) from continuing operations 17,704 (40,843) 21,266
(Loss)/income from operations of discontinued businesses (75) 4,776 24,101
Gain/(loss) on sale of discontinued businesses    92,296   
Income tax (benefit)/expense on discontinued operations (29) 25,252 10,429
(Loss)/income from discontinued operations (46) 71,820 13,672
Net income 17,658 30,977 34,938
Net income attributable to the noncontrolling interest 141      
Net income attributable to the Company $ 17,517 $ 30,977 $ 34,938
Earnings per share attributable to Company shareholders - Basic      
Income/(loss) from continuing operations $ 0.55 $ (1.30) $ 0.68
Discontinued operations $ 0.00 $ 2.29 $ 0.44
Net Income attributable to Company shareholders $ 0.55 $ 0.99 $ 1.12
Earnings per share attributable to Company shareholders - Diluted      
Income/(loss) from continuing operations $ 0.55 $ (1.30) $ 0.67
Discontinued operations $ 0.00 $ 2.27 $ 0.44
Net Income attributable to Company shareholders $ 0.55 $ 0.97 [1] $ 1.11
Dividends declared per share $ 0.59 $ 0.55 $ 0.51
[1] Due to a loss from continuing operations in 2012, the calculation of diluted income per share cannot be calculated by dividing net income by the diluted shares in the table above. See Statement of Income.