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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 1,661,865 $ 1,247,331 $ 1,314,578
Cost of sales 1,085,776 814,192 886,475
Gross profit 576,089 433,139 428,103
Selling, general, and administrative expenses 386,275 300,122 298,451
Restructuring expense 621 2,506 2,519
Operating income 189,193 130,511 127,133
Interest expense (5,196) (4,627) (8,245)
Other income/(expense), net 7,978 (795) (412)
Foreign exchange income/(expense) (2,269) (1,392) (1,641)
Income before income taxes 189,706 123,697 116,835
Income tax expense 34,731 22,540 20,836
Net income 154,975 101,157 95,999
Less: Net loss/(income) attributable to noncontrolling interests (1,115) (697) (516)
Net income attributable to Franklin Electric Co., Inc. $ 153,860 $ 100,460 $ 95,483
Income per share:      
Basic $ 3.29 $ 2.16 $ 2.04
Diluted $ 3.25 $ 2.14 $ 2.03