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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 273,949 $ 255,374 $ 525,321 $ 478,977
Cost of goods sold 168,767 163,731 328,368 309,552
Gross profit 105,182 91,643 196,953 169,425
Selling, general, and administrative expenses 40,816 36,700 81,761 78,588
Technical and research expenses 9,242 10,198 19,491 20,515
Restructuring expenses, net 899 2,589 1,383 11,162
Operating income 54,225 42,156 94,318 59,160
Interest expense, net 4,631 4,621 9,048 8,909
Other (income)/expense, net 930 726 (278) 2,178
Income before income taxes 48,664 36,809 85,548 48,073
Income tax expense 14,405 6,966 21,881 10,331
Net income 34,259 29,843 63,667 37,742
Net income/(loss) attributable to the noncontrolling interest 205 (59) 423 178
Net income attributable to the Company $ 34,054 $ 29,902 $ 63,244 $ 37,564
Earnings per share attributable to Company shareholders - Basic $ 1.05 $ 0.93 $ 1.96 $ 1.17
Earnings per share attributable to Company shareholders - Diluted $ 1.05 $ 0.93 $ 1.96 $ 1.16
Shares of the Company used in computing earnings per share:        
Basic 32,299 32,257 32,286 32,239
Diluted 32,311 32,273 32,298 32,255
Dividends declared per share, Class A and Class B $ 0.18 $ 0.17 $ 0.36 $ 0.34