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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net sales $ 355,340 $ 343,970 $ 646,055 $ 639,600
Cost of sales 235,622 227,894 436,831 424,542
Gross profit 119,718 116,076 209,224 215,058
Selling, general, and administrative expenses 75,782 74,965 152,081 151,240
Restructuring expense 245 637 1,331 644
Operating income 43,691 40,474 55,812 63,174
Interest (expense) (2,295) (2,606) (4,637) (5,034)
Other income/(expense), net (292) 45 (53) (159)
Foreign exchange income/(expense) (505) (999) 84 (1,550)
Income before income taxes 40,599 36,914 51,206 56,431
Income tax expense 7,787 6,875 9,267 5,177
Net income 32,812 30,039 41,939 51,254
Less: Net (income)/loss attributable to noncontrolling interests (67) 458 (138) 417
Net income attributable to Franklin Electric Co., Inc. $ 32,745 $ 30,497 $ 41,801 $ 51,671
Income per share:        
Basic earnings per share (in dollars per share) $ 0.70 $ 0.65 $ 0.89 $ 1.10
Diluted earnings per share (in dollars per share) $ 0.70 $ 0.64 $ 0.89 $ 1.09