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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Net sales $ 268,622 $ 265,943 $ 535,120 $ 495,544
Cost of sales 167,431 168,669 338,620 321,672
Gross profit 101,191 97,274 196,500 173,872
Selling, general, and administrative expenses 72,936 74,833 145,946 139,555
Restructuring charges 0 203 0 795
Operating profit [1] 28,255 22,238 50,554 33,522
Interest expense 1,851 1,944 3,736 3,615
Other expense (income), net 200 2,700 (6,957) 196
Income before income tax expense 26,204 17,594 53,775 29,711
Income tax expense 8,982 6,753 19,118 11,038
Net earnings 17,222 10,841 34,657 18,673
Net losses attributable to noncontrolling interests (17) (14) $ (25) (8)
Net earnings attributable to Knoll, Inc. stockholders $ 17,239 $ 10,855   $ 18,681
Net earnings per common share attributable to Knoll, Inc. stockholders:        
Basic (in dollars per share) $ 0.36 $ 0.23 $ 0.73 $ 0.40
Diluted (in dollars per share) 0.36 0.23 0.72 0.39
Dividends per share (in dollars per share) $ 0.12 $ 0.12 $ 0.24 $ 0.24
Weighted-average number of common shares outstanding:        
Basic (in shares) 47,760,961 47,365,780 47,705,222 47,283,396
Diluted (in shares) 48,509,546 47,974,559 48,445,060 48,012,233
Net earnings $ 17,222 $ 10,841 $ 34,657 $ 18,673
Other comprehensive income (loss):        
Foreign currency translation adjustment 118 3,730 (12,881) (89)
Pension and other post-retirement liability adjustment, net of tax 1,382 64 2,764 128
Total other comprehensive income (loss), net of tax 1,500 3,794 (10,117) 39
Total comprehensive income 18,722 14,635 24,540 18,712
Comprehensive losses attributable to noncontrolling interests   (14)   (8)
Comprehensive income attributable to Knoll, Inc. stockholders $ 18,739 $ 14,649 $ 24,565 $ 18,720
[1] The Company does not allocate interest expense or other (income) expense, net to the reportable segments.