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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (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
Net Sales        
Sales $ 630,542 $ 620,619 $ 1,799,360 $ 1,839,173
Cost of sales        
Total cost of sales 398,333 383,611 1,137,235 1,167,689
Gross profit 232,209 237,008 662,125 671,484
Research and development expenses 17,387 21,618 61,804 66,675
Selling expenses 31,888 30,067 90,387 89,227
General and administrative expenses 75,351 78,998 239,085 229,608
Loss on divestiture 0   4,651 0
Impairment of assets held for sale 0 8,656 0 8,656
Operating income 107,583 97,669 266,198 277,318
Interest expense (13,997) (9,955) (33,315) (30,094)
Other income, net 3,746 3,627 11,298 8,910
Earnings before income taxes 97,332 91,341 244,181 256,134
Provision for income taxes (23,564) (21,638) (58,856) (65,554)
Net earnings $ 73,768 $ 69,703 $ 185,325 $ 190,580
Basic earnings per share        
Basic earnings per share (usd per share) $ 1.92 $ 1.71 $ 4.82 $ 4.66
Diluted earnings per share        
Diluted earnings per share (usd per share) 1.91 1.70 4.79 4.64
Dividends per share (usd per share) $ 0.19 $ 0.18 $ 0.56 $ 0.53
Weighted average shares outstanding:        
Basic (shares) 38,368 40,769 38,416 40,865
Diluted (shares) 38,647 40,950 38,655 41,040
Product [Member]        
Net Sales        
Sales $ 530,782 $ 528,339 $ 1,489,619 $ 1,552,706
Cost of sales        
Cost of Goods and Services Sold 338,264 328,424 949,180 989,759
Service [Member]        
Net Sales        
Sales 99,760 92,280 309,741 286,467
Cost of sales        
Cost of Goods and Services Sold $ 60,069 $ 55,187 $ 188,055 $ 177,930