XML 21 R4.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 1,229,215 $ 1,249,130 $ 1,213,989
Cost of goods sold 798,094 783,323 778,713
Gross profit 431,121 465,807 435,276
Operating expenses      
Selling, general and administrative 185,067 181,343 176,197
Research and development 94,288 88,517 86,286
Amortization of acquisition-related intangible assets 16,261 18,041 18,351
Loss (gain) on disposal of fixed assets 106 (24,429) (636)
Other operating expense 1,067 1,727 596
Total operating expenses 296,789 265,199 280,794
Income from operations 134,332 200,608 154,482
Other income (expense)      
Interest income 1,066 2,189 1,978
Interest expense (11,662) (7,893) (9,901)
Foreign currency loss, net (9,814) (3,737) (3,701)
Other income 6,419 7,079 7,104
Total other expense (13,991) (2,362) (4,520)
Income before income taxes and noncontrolling interest 120,341 198,246 149,962
Income tax provision 21,112 44,131 44,556
Net income 99,229 154,115 105,406
Less: net income attributable to noncontrolling interest (1,141) (865) (1,385)
Net income attributable to common stockholders $ 98,088 $ 153,250 $ 104,021
Earnings per share attributable to common stockholders      
Basic $ 1.92 $ 3.02 $ 2.09
Diluted $ 1.88 $ 2.96 $ 2.04
Number of shares used in computation      
Basic 51,004 50,787 49,841
Diluted 52,133 51,860 50,935