XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Net sales $ 1,137,285 $ 1,143,979
Operating costs and expenses:    
Cost of sales 682,459 696,888
Selling, general and administrative 211,554 209,197
Research and development 48,895 52,190
Amortization of purchased intangible assets 67,638 73,616
Restructuring costs, net 5,388 6,072
Asset impairments   15,293
Total operating costs and expenses 1,015,934 1,053,256
Operating income 121,351 90,723
Other income (expense), net (16,736) 301
Interest expense (69,554) (72,562)
Interest income 874 2,579
Income before income taxes 35,935 21,041
Income tax expense (2,373) (8,461)
Net income $ 33,562 $ 12,580
Earnings per share:    
Basic $ 0.17 $ 0.07
Diluted $ 0.17 $ 0.06
Weighted average shares outstanding:    
Basic 194,068 191,642
Diluted 199,140 195,456
Comprehensive income:    
Net income $ 33,562 $ 12,580
Other comprehensive income, net of tax:    
Foreign currency translation gain 40,351 46,284
Pension and other postretirement benefit activity (369) (731)
Loss on net investment hedge (355)  
Available-for-sale securities 1,309 (723)
Total other comprehensive income, net of tax 40,936 44,830
Total comprehensive income $ 74,498 $ 57,410