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Consolidated Statements of Earnings - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 120,684 $ 118,021 $ 238,308 $ 231,551
Cost of goods sold 79,480 76,208 156,490 151,305
Gross Margin 41,204 41,813 81,818 80,246
Selling, general and administrative expenses 17,036 19,621 34,597 36,993
Research and development expenses 6,257 6,476 13,048 12,983
Restructuring charges 911 1,172 2,995 2,367
Gain (Loss) on Disposition of Property Plant Equipment 83 0 122 0
Operating earnings 17,083 14,544 31,300 27,903
Other income (expense):        
Interest expense (467) (571) (933) (1,112)
Interest income 440 472 872 954
Other expense, net (1,107) (2,874) (1,010) (870)
Total other expense, net (1,134) (2,973) (1,071) (1,028)
Earnings before income taxes 15,949 11,571 30,229 26,875
Income tax expense 4,006 4,362 6,867 8,118
Net earnings $ 11,943 $ 7,209 $ 23,362 $ 18,757
Earnings per share:        
Basic (in dollars per share) $ 0.36 $ 0.22 $ 0.71 $ 0.57
Diluted (in dollars per share) $ 0.36 $ 0.21 $ 0.70 $ 0.56
Basic weighted - average common shares outstanding (in shares): 32,799 33,051 32,803 33,014
Effect of dilutive securities (in shares) 406 513 422 513
Diluted weighted - average common shares outstanding (in shares) 33,205 33,564 33,225 33,527
Cash dividends declared per share (in dollars per share) $ 0.04 $ 0.04 $ 0.08 $ 0.08