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Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales        
Products $ 449,702 $ 468,678 $ 862,606 $ 890,826
Service 132,355 140,156 255,152 268,629
Total net sales 582,057 608,834 1,117,758 1,159,455
Cost of sales        
Products 183,127 199,711 347,793 381,161
Service 76,018 80,947 148,248 157,477
Gross profit 322,912 328,176 621,717 620,817
Research and development 29,794 32,125 58,255 61,622
Selling, general and administrative 174,808 183,103 347,846 355,294
Amortization 7,634 7,283 15,162 14,377
Interest expense 6,942 5,956 13,667 11,622
Restructuring Charges 1,720 1,905 2,627 3,397
Other charges (income), net (33) 406 (850) 723
Earnings before taxes 102,047 97,398 185,010 173,782
Provision for taxes 24,490 23,376 44,402 41,709
Net earnings $ 77,557 $ 74,022 $ 140,608 $ 132,073
Basic earnings per common share:        
Net earnings $ 2.79 $ 2.55 $ 5.03 $ 4.52
Weighted average number of common shares 27,843,905 29,074,695 27,978,814 29,221,647
Diluted earnings per common share:        
Net earnings $ 2.73 $ 2.49 $ 4.91 $ 4.41
Weighted average number of common and common equivalent shares 28,460,336 29,750,815 28,611,637 29,918,456
Comprehensive Income, Net of Tax (Note 8) $ 99,337 $ 71,631 $ 156,132 $ 131,536