XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Earnings - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 703,644 $ 643,705 $ 643,679
Cost of sales 479,747 432,338 439,427
Gross margin 223,897 211,367 204,252
Operating expenses:      
Selling expenses 58,630 60,932 57,219
Research and development expenses 10,332 11,377 11,592
General and administrative expenses 43,788 36,505 28,341
Total operating expenses 112,750 108,814 97,152
Earnings from operations 111,147 102,553 107,100
Other expenses:      
Interest expense, net 4,439 5,959 7,611
Other, net 291 116 459
Total other expenses 4,730 6,075 8,070
Earnings before income tax expense 106,417 96,478 99,030
Income tax expense 21,794 16,807 20,457
Net earnings $ 84,623 $ 79,671 $ 78,573
Basic net earnings per common share (in dollars per share) $ 2.63 $ 2.48 $ 2.45
Diluted net earnings per common share (in dollars per share) $ 2.60 $ 2.45 $ 2.42