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Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues $ 721,996 $ 653,656 $ 1,382,817 $ 1,248,223
Gross profit 412,625 375,612 787,558 719,001
Research and development 35,315 32,582 70,028 63,782
Selling, general and administrative 208,024 195,624 408,698 381,280
Amortization 11,970 10,249 23,705 20,294
Interest expense 8,309 8,171 16,668 15,912
Restructuring Charges 7,321 4,023 11,734 5,455
Other charges (income), net (1,916) (1,884) (4,316) (8,417)
Earnings before taxes 143,602 126,847 261,041 240,695
Provision for taxes 32,134 25,267 56,269 46,649
Net earnings $ 111,468 $ 101,580 $ 204,772 $ 194,046
Basic earnings per common share:        
Net earnings $ 4.41 $ 3.94 $ 8.07 $ 7.51
Weighted average number of common shares 25,299,414 25,751,374 25,383,402 25,841,243
Diluted earnings per common share:        
Net earnings $ 4.31 $ 3.84 $ 7.88 $ 7.32
Weighted average number of common and common equivalent shares 25,867,383 26,439,529 25,979,508 26,514,311
Comprehensive Income, Net of Tax (Note 9) $ 82,263 $ 134,314 $ 204,457 $ 250,658
Product [Member]        
Revenues 562,476 512,848 1,073,422 970,108
Cost of Goods and Services Sold 221,729 199,586 424,316 374,899
Service [Member]        
Revenues 159,520 140,808 309,395 278,115
Cost of Goods and Services Sold $ 87,642 $ 78,458 $ 170,943 $ 154,323