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Consolidated Statements of Earnings (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net Sales      
Net sales $ 396,679 $ 382,310 $ 404,021
Cost of goods sold 256,251 255,201 274,058
Gross Margin 140,428 127,109 129,963
Selling, general and administrative expenses 61,624 59,586 61,051
Research and development expenses 24,040 22,461 22,563
Non-recurring environmental expense 0 14,541 0
Restructuring and impairment char 3,048 14,564 5,941
Gain (Loss) on Disposition of Property Plant Equipment (11,450) (2,156) (1,915)
Operating earnings 63,166 18,113 42,323
Other (expense) income:      
Interest expense (3,702) (2,628) (2,326)
Interest income 1,305 3,073 2,786
Other expense (3,524) (6,297) (3,435)
Total other expense, net (5,921) (5,852) (2,975)
Earnings before taxes 57,245 12,261 39,348
Income tax expense 22,865 5,307 12,826
Net earnings $ 34,380 $ 6,954 $ 26,522
Basic      
Net earnings (loss) per share (usd per share) $ 1.05 $ 0.21 $ 0.79
Diluted      
Diluted net earnings (loss) per share (usd per share) $ 1.03 $ 0.21 $ 0.78
Basic weighted-average common shares outstanding (in shares) 32,728 32,959 33,618
Effect of dilutive securities (in shares) 523 525 512
Diluted weighted - average common shares outstanding (in shares) 33,251 33,484 34,130
Cash dividends declared per share (in dollars per share) $ 0.16 $ 0.160 $ 0.160