XML 42 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
CONSOLIDATED STATEMENTS OF INCOME [Abstract]        
Net sales $ 172,289 $ 193,518 $ 353,613 $ 373,825
Cost of goods sold 117,697 118,175 222,337 223,673
Gross profit 54,592 75,343 131,276 150,152
Selling, general, and administrative expenses 39,932 40,012 75,165 79,169
Technical, product engineering, and research expenses 10,411 14,397 22,712 28,266
Restructuring expenses, net 1,211 1,957 10,212 3,139
Operating income 3,038 18,977 23,187 39,578
Interest expense, net 2,702 2,717 5,378 5,635
Other (income)/expenses, net 2,820 (2,133) (465) (2,600)
Income/(loss) before income taxes (2,484) 18,393 18,274 36,543
Income tax expense/(benefit) (364) 7,216 8,155 14,673
Net income/(loss) (2,120) 11,177 10,119 21,870
Net income/(loss) attributable to the noncontrolling interest 52 (42) 78 30
Net income/(loss) attributable to the Company $ (2,172) $ 11,219 $ 10,041 $ 21,840
Earnings/(losses) per share attributable to Company shareholders - Basic $ (0.07) $ 0.35 $ 0.31 $ 0.69
Earnings(losses) per share attributable to Company shareholders - Diluted $ (0.07) $ 0.35 $ 0.31 $ 0.68
Shares of the Company used in computing earnings per share:        
Basic 31,999 31,832 31,941 31,809
Diluted 31,999 31,935 32,015 31,913
Dividends per share $ 0.17 $ 0.16 $ 0.33 $ 0.31