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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Sales, net:    
Total sales, net $ 315,456 $ 140,743
Cost of sales:    
Total cost of sales 203,225 75,003
Gross profit 112,231 65,740
Operating expenses:    
Research and development 34,770 21,289
Selling, general and administrative 45,991 29,014
Amortization of intangible assets 5,006 1,973
Restructuring expense 656 1,673
Total operating expenses 86,423 53,949
Operating income 25,808 11,791
Other income (expense), net (3,510) 743
Income from continuing operations, before income taxes 22,298 12,534
Provision (benefit) for income taxes 3,900 (2,853)
Income from continuing operations 18,398 15,387
Loss from discontinued operations, net of income taxes (320) (9)
Net income 18,078 15,378
Income from continuing operations attributable to noncontrolling interest 15 8
Net income attributable to Advanced Energy Industries, Inc. $ 18,063 $ 15,370
Basic weighted-average common shares outstanding 38,358 38,198
Diluted weighted-average common shares outstanding 38,570 38,426
Earnings per share:    
Continuing operations: Basic earnings per share $ 0.48 $ 0.40
Continuing operations: Diluted earnings per share 0.48 0.40
Discontinued operations: Basic earnings per share (0.01)  
Discontinued operations: Diluted earnings per share (0.01)  
Net income:    
Basic earnings per share 0.47 0.40
Diluted earnings per share $ 0.47 $ 0.40
Product [Member]    
Sales, net:    
Total sales, net $ 289,361 $ 112,112
Cost of sales:    
Total cost of sales 191,066 60,801
Service [Member]    
Sales, net:    
Total sales, net 26,095 28,631
Cost of sales:    
Total cost of sales $ 12,159 $ 14,202