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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Net sales $ 266,754 $ 290,715
Cost of sales 176,437 201,209
Gross profit 90,317 89,506
Selling, general, and administrative expenses 75,623 76,299
Restructuring expense 873 1,086
Operating income 13,821 12,121
Interest (expense) (1,234) (2,342)
Other income/(expense), net (202) 239
Foreign exchange income 962 589
Income before income taxes 13,347 10,607
Income tax expense 2,555 1,480
Net income 10,792 9,127
Less: Net (income) attributable to noncontrolling interests (149) (71)
Net income attributable to Franklin Electric Co., Inc. $ 10,643 $ 9,056
Income per share:    
Basic earnings per share (in dollars per share) $ 0.23 $ 0.19
Diluted earnings per share (in dollars per share) $ 0.23 $ 0.19