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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales:      
Net sales: $ 628,402 $ 603,593 $ 538,548
Cost of sales 484,890 468,508 421,634
Gross profit 143,512 135,085 116,914
Selling, general and administrative expenses 97,507 92,347 86,041
Gain on bargain purchase 0 (8,616) 0
Goodwill impairment 656 1,898 0
Income from operations 45,349 49,456 30,873
Interest expense (1,620) (2,422) (3,664)
Interest income 234 247 1,533
Other income (expense), net (517) 848 290
Income before income taxes 43,446 48,129 29,032
Provision for income taxes 14,543 15,442 7,915
Net income 28,903 32,687 21,117
Net income per common share:      
Basic (in dollars per share) $ 2.43 $ 2.76 $ 1.79
Diluted (in dollars per share) $ 2.40 $ 2.73 $ 1.78
Average common shares:      
Basic (in shares) 11,899,000 11,848,000 11,782,000
Diluted (in shares) 12,058,000 11,966,000 11,893,000
North American Industrial
     
Net sales:      
Net sales: 263,353 229,594 196,783
Income from operations 19,313 24,649 8,513
North American Agricultural
     
Net sales:      
Net sales: 200,467 203,993 181,349
Income from operations 18,319 16,644 10,073
European
     
Net sales:      
Net sales: 164,582 170,006 160,416
Income from operations $ 7,717 $ 8,163 $ 12,287