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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Total sales, net $ 788,948 $ 718,892 $ 671,012
Total cost of sales 473,296 353,285 314,631
Gross profit 315,652 365,607 356,381
Operating expenses:      
Research and development 101,503 76,008 57,999
Selling, general and administrative 142,555 108,033 93,262
Amortization of intangible assets 12,168 5,774 4,350
Restructuring expense 5,038 4,239  
Total operating expenses 261,264 194,054 155,611
Operating income 54,388 171,553 200,770
Other income (expense), net 12,806 823 (2,579)
Income from continuing operations, before income taxes 67,194 172,376 198,191
Provision for income taxes 10,699 25,227 62,090
Income from continuing operations 56,495 147,149 136,101
Income (loss) from discontinued operations, net of income taxes 8,480 (38) 1,760
Net income 64,975 147,111 137,861
Income from continuing operations attributable to noncontrolling interest 34 86  
Net income attributable to Advanced Energy Industries, Inc. $ 64,941 $ 147,025 $ 137,861
Basic weighted-average common shares outstanding 38,281 39,081 39,754
Diluted weighted-average common shares outstanding 38,495 39,352 40,176
Earnings per share:      
Continuing operations: Basic earnings per share $ 1.47 $ 3.76 $ 3.42
Continuing operations: Diluted earnings per share 1.47 3.74 3.39
Discontinued operations: Basic earnings per share 0.22   0.04
Discontinued operations: Diluted earnings per share 0.22   0.04
Net income:      
Basic earnings per share 1.70 3.76 3.47
Diluted earnings per share $ 1.69 $ 3.74 $ 3.43
Product [Member]      
Total sales, net $ 678,061 $ 610,326 $ 578,650
Total cost of sales 416,976 298,597 267,587
Service [Member]      
Total sales, net 110,887 108,566 92,362
Total cost of sales $ 56,320 $ 54,688 $ 47,044