XML 41 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
CONSOLIDATED STATEMENTS OF INCOME [Abstract]        
Net sales $ 178,789 $ 179,861 $ 532,402 $ 553,686
Cost of goods sold 103,045 111,242 325,382 334,915
Gross profit 75,744 68,619 207,020 218,771
Selling, general, and administrative expenses 35,509 33,618 110,674 112,787
Technical, product engineering, and research expenses 10,675 14,924 33,387 43,190
Restructuring expenses, net 3,717 919 13,929 4,058
Operating income 25,843 19,158 49,030 58,736
Interest expense, net 2,671 2,486 8,049 8,121
Other expense/(income), net 1,249 (1,864) 784 (4,464)
Income before income taxes 21,923 18,536 40,197 55,079
Income tax expense 12,243 6,762 20,398 21,435
Net income 9,680 11,774 19,799 33,644
Net income/(loss) attributable to the noncontrolling interest 22 (38) 100 (8)
Net income attributable to the Company $ 9,658 $ 11,812 $ 19,699 $ 33,652
Earnings per share attributable to Company shareholders - Basic $ 0.30 $ 0.37 $ 0.62 $ 1.06
Earnings per share attributable to Company shareholders - Diluted $ 0.30 $ 0.37 $ 0.62 $ 1.05
Shares of the Company used in computing earnings per share:        
Basic 32,012 31,848 31,965 31,822
Diluted 32,055 31,946 32,028 31,924
Dividends per share $ 0.17 $ 0.16 $ 0.50 $ 0.47