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Consolidated Statements of Earnings - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 105,686 $ 98,693 $ 205,840 $ 195,398
Cost of goods sold 69,892 64,236 135,822 127,472
Gross Margin 35,794 34,457 70,018 67,926
Selling, general and administrative expenses 15,809 15,764 31,055 30,411
Research and development expenses 6,049 5,967 12,052 12,130
Restructuring charges 729 206 1,507 206
Gain (Loss) on Disposition of Property Plant Equipment 1 11,577 (1) 11,351
Operating earnings 13,208 24,097 25,403 36,530
Other income (expense):        
Interest expense (752) (1,009) (1,436) (1,829)
Interest income 298 331 551 879
Other income (expense) 1,170 (1,240) 1,631 (1,436)
Total other income (expense) 716 (1,918) 746 (2,386)
Earnings before income taxes 13,924 22,179 26,149 34,144
Income tax expense 3,958 7,692 7,699 11,794
Net earnings $ 9,966 $ 14,487 $ 18,450 $ 22,350
Earnings per share:        
Basic (in dollars per share) $ 0.30 $ 0.44 $ 0.56 $ 0.68
Diluted (in dollars per share) $ 0.30 $ 0.44 $ 0.55 $ 0.67
Basic weighted - average common shares outstanding (in shares): 32,890 32,759 32,846 32,695
Effect of dilutive securities (in shares) 461 466 493 485
Diluted weighted - average common shares outstanding (in shares) 33,351 33,225 33,339 33,180
Cash dividends declared per share (in dollars per share) $ 0.04 $ 0.04 $ 0.08 $ 0.08