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Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues $ 731,366 $ 721,996 $ 1,410,818 $ 1,382,817
Gross profit 419,538 412,625 807,857 787,558
Research and development 36,582 35,315 72,635 70,028
Selling, general and administrative 205,215 208,024 409,640 408,698
Amortization 12,326 11,970 24,548 23,705
Interest expense 8,882 8,309 17,976 16,668
Restructuring Charges 2,891 7,321 4,414 11,734
Other charges (income), net (1,574) (1,916) (2,248) (4,316)
Earnings before taxes 155,216 143,602 280,892 261,041
Provision for taxes 28,056 32,134 41,927 56,269
Net earnings $ 127,160 $ 111,468 $ 238,965 $ 204,772
Basic earnings per common share:        
Net earnings $ 5.15 $ 4.41 $ 9.65 $ 8.07
Weighted average number of common shares 24,698,032 25,299,414 24,774,262 25,383,402
Diluted earnings per common share:        
Net earnings $ 5.06 $ 4.31 $ 9.48 $ 7.88
Weighted average number of common and common equivalent shares 25,118,352 25,867,383 25,217,359 25,979,508
Comprehensive Income, Net of Tax (Note 10) $ 115,481 $ 82,263 $ 239,946 $ 204,457
Product [Member]        
Revenues 565,927 562,476 1,090,274 1,073,422
Cost of Goods and Services Sold 226,816 221,729 437,032 424,316
Service [Member]        
Revenues 165,439 159,520 320,544 309,395
Cost of Goods and Services Sold $ 85,012 $ 87,642 $ 165,929 $ 170,943