XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statements of Earnings - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 118,859 $ 106,243 $ 350,410 $ 312,083
Cost of goods sold 76,777 68,705 228,082 204,527
Gross Margin 42,082 37,538 122,328 107,556
Selling, general and administrative expenses 18,450 15,915 55,441 46,970
Research and development expenses 6,517 6,380 19,500 18,432
Restructuring charges 997 1,435 3,364 2,942
Gain (Loss) on Disposition of Property Plant Equipment 0 (697) (2) (698)
Operating earnings 16,118 13,111 44,021 38,514
Other income (expense):        
Interest expense (489) (773) (1,601) (2,209)
Interest income 413 363 1,367 914
Other (expense) income, net (1,687) 1,258 (2,557) 2,889
Total other (expense) income (1,763) 848 (2,791) 1,594
Earnings before income taxes 14,355 13,959 41,230 40,108
Income tax expense 4,144 4,340 12,262 12,039
Net earnings $ 10,211 $ 9,619 $ 28,968 $ 28,069
Earnings per share:        
Basic (in dollars per share) $ 0.31 $ 0.29 $ 0.88 $ 0.85
Diluted (in dollars per share) $ 0.30 $ 0.29 $ 0.86 $ 0.84
Basic weighted - average common shares outstanding (in shares): 33,087 32,935 33,038 32,876
Effect of dilutive securities (in shares) 562 456 542 475
Diluted weighted - average common shares outstanding (in shares) 33,649 33,391 33,580 33,351
Cash dividends declared per share (in dollars per share) $ 0.04 $ 0.04 $ 0.12 $ 0.12