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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement      
Net Sales $ 468,999 $ 470,483 $ 422,993
Cost of goods sold 311,424 305,510 282,562
Gross margin 157,575 164,973 140,431
Selling, general and administrative expenses 70,408 73,569 71,943
Research and development expenses 25,967 25,304 25,146
Restructuring charges 7,448 5,062 4,139
(Gain) loss on sale of assets (63) 0 708
Operating earnings 53,815 61,038 38,495
Other (expense) income:      
Interest expense (2,648) (2,085) (3,343)
Interest income 1,737 1,826 1,284
Other (expense) income (2,638) (2,676) 3,817
Total other (expense) income, net (3,549) (2,935) 1,758
Earnings before taxes 50,266 58,103 40,253
Income tax expense 14,120 11,571 25,805
Net earnings $ 36,146 $ 46,532 $ 14,448
Basic      
Basic net earnings per share (usd per share) $ 1.11 $ 1.41 $ 0.44
Diluted      
Diluted net earnings per share (usd per share) $ 1.09 $ 1.39 $ 0.43
Basic weighted-average common shares outstanding (in shares) 32,700 33,024 32,892
Effect of dilutive securities (in shares) 405 545 528
Diluted weighted - average common shares outstanding (in shares) 33,105 33,569 33,420