XML 13 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 191,272 $ 178,789 $ 566,793 $ 532,402
Cost of goods sold 118,852 103,045 343,557 325,382
Gross profit 72,420 75,744 223,236 207,020
Selling, general and administrative expenses 38,042 35,509 120,997 110,674
Technical, product engineering, and research expenses 9,232 10,675 29,640 33,387
Restructuring expenses, net 326 3,717 7,653 13,929
Operating income 24,820 25,843 64,946 49,030
Interest expense, net 3,681 2,671 9,610 8,049
Other (income)/expense, net 242 1,249 (2,103) 784
Income before income taxes 20,897 21,923 57,439 40,197
Income tax expense 7,488 12,243 20,613 20,398
Net income 13,409 9,680 36,826 19,799
Net (loss)/income attributable to the noncontrolling interest 340 22 (111) 100
Net income attributable to the Company $ 13,069 $ 9,658 $ 36,937 $ 19,699
Earnings per share attributable to Company shareholders - Basic $ 0.41 $ 0.30 $ 1.15 $ 0.62
Earnings per share attributable to Company shareholders - Diluted $ 0.41 $ 0.30 $ 1.15 $ 0.62
Shares of the Company used in computing earnings per share:        
Basic 32,104 32,012 32,079 31,965
Diluted 32,141 32,055 32,118 32,028
Dividends per share, Class A and Class B $ 0.17 $ 0.17 $ 0.51 $ 0.5