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Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales        
Products $ 470,605 $ 449,702 $ 883,897 $ 862,606
Service 137,681 132,355 264,063 255,152
Total net sales 608,286 582,057 1,147,960 1,117,758
Cost of sales        
Products 183,322 183,127 349,179 347,793
Service 77,388 76,018 151,298 148,248
Gross profit 347,576 322,912 647,483 621,717
Research and development 30,701 29,794 59,674 58,255
Selling, general and administrative 187,798 174,808 356,719 347,846
Amortization 8,655 7,634 17,079 15,162
Interest expense 6,872 6,942 13,452 13,667
Restructuring Charges 2,205 1,720 3,085 2,627
Other charges (income), net 8,173 (33) 7,889 (850)
Earnings before taxes 103,172 102,047 189,585 185,010
Provision for taxes 23,584 24,490 44,323 44,402
Net earnings $ 79,588 $ 77,557 $ 145,262 $ 140,608
Basic earnings per common share:        
Net earnings $ 2.99 $ 2.79 $ 5.42 $ 5.03
Weighted average number of common shares 26,631,015 27,843,905 26,781,154 27,978,814
Diluted earnings per common share:        
Net earnings $ 2.93 $ 2.73 $ 5.32 $ 4.91
Weighted average number of common and common equivalent shares 27,143,284 28,460,336 27,283,012 28,611,637
Comprehensive Income, Net of Tax (Note 9) $ 56,630 $ 99,337 $ 129,136 $ 156,132