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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Revenue from Contract with Customer, Excluding Assessed Tax $ 1,298,129 $ 1,124,909 $ 949,856
Cost of sales 865,763 747,927 618,450
Gross profit 432,366 376,982 331,406
Selling, general, and administrative expenses 298,706 265,447 219,934
Restructuring (income)/expense 1,666 4,307 (598)
Operating income 131,994 107,228 112,070
Interest expense (9,839) (10,322) (8,732)
Other income, net (1,042) 6,656 (282)
Foreign exchange income/(expense) (706) 1,025 1,057
Income before income taxes 120,407 104,587 104,113
Income tax expense 14,890 25,994 24,798
Net income 105,517 78,593 79,315
Less: Net income attributable to noncontrolling interests 360 (413) (570)
Net income attributable to Franklin Electric Co., Inc. $ 105,877 $ 78,180 $ 78,745
Income per share:      
Basic earnings per share (in dollars per share) $ 2.25 $ 1.67 $ 1.67
Diluted earnings per share (in dollars per share) 2.23 1.65 1.65
Dividends per common share (in dollars per share) $ 0.4675 $ 0.4225 $ 0.3975