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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 271,133 $ 251,889 $ 796,454 $ 730,866
Cost of goods sold 167,026 159,487 495,394 469,039
Gross profit 104,107 92,402 301,060 261,827
Selling, general, and administrative expenses 39,841 39,058 121,602 117,646
Technical and research expenses 8,832 9,958 28,323 30,473
Restructuring expenses, net (244) 2,552 1,139 13,714
Operating income 55,678 40,834 149,996 99,994
Interest expense, net 3,987 4,621 13,035 13,530
Other income, net (1,628) (3,151) (1,906) (973)
Income before income taxes 53,319 39,364 138,867 87,437
Income tax expense 13,194 11,359 35,075 21,690
Net income 40,125 28,005 103,792 65,747
Net income attributable to the noncontrolling interest 116 269 539 447
Net income attributable to the Company $ 40,009 $ 27,736 $ 103,253 $ 65,300
Earnings per share attributable to Company shareholders - Basic $ 1.24 $ 0.86 $ 3.20 $ 2.02
Earnings per share attributable to Company shareholders - Diluted $ 1.24 $ 0.86 $ 3.20 $ 2.02
Shares of the Company used in computing earnings per share:        
Basic 32,306 32,264 32,293 32,247
Diluted 32,317 32,280 32,305 32,263
Dividends declared per share, Class A and Class B $ 0.18 $ 0.17 $ 0.54 $ 0.51