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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) - UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]        
Net sales $ 151,911 $ 122,382 $ 444,588 $ 380,394
Cost of goods sold 98,565 76,720 285,054 244,446
Gross margin 53,346 45,662 159,534 135,948
Selling, general and administrative expenses 24,003 19,922 68,029 59,184
Research and development expenses 6,207 6,454 18,695 18,170
Restructuring charges 492 319 1,434 551
Operating earnings 22,644 18,967 71,376 58,043
Other (expense) income:        
Interest expense (342) (514) (1,490) (1,577)
Interest income 167 230 610 689
Other expense, net (5,171) (108,502) (10,530) (132,786)
Total other expense, net (5,346) (108,786) (11,410) (133,674)
Earnings (loss) before income taxes 17,298 (89,819) 59,966 (75,631)
Income tax expense (benefit) 5,500 (25,923) 15,331 (24,600)
Net earnings (loss) $ 11,798 $ (63,896) $ 44,635 $ (51,031)
Earnings (loss) per share:        
Basic $ 0.37 $ (1.97) $ 1.39 $ (1.58)
Diluted $ 0.37 $ (1.97) $ 1.38 $ (1.58)
Basic weighted – average common shares outstanding: 31,865 32,379 32,018 32,365
Effect of dilutive securities 225 0 220 0
Diluted weighted – average common shares outstanding: 32,090 32,379 32,238 32,365
Cash dividends declared per share $ 0.04 $ 0.04 $ 0.12 $ 0.12