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Consolidated Statement Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Net sales $ 793,478 $ 767,541 $ 1,576,789 $ 1,542,448
Cost of goods sold 427,837 422,501 850,940 851,131
Gross profit 365,641 345,040 725,849 691,317
Research and development expenses 63,252 62,514 126,637 125,976
Selling and administrative expenses 132,784 131,023 256,327 250,018
Amortization of acquisition-related intangibles 5,130 3,040 11,191 4,880
Restructuring and other charges, net 0 (358) 0 (170)
Operating profit 164,475 148,821 331,694 310,613
Interest expense 15,060 11,407 27,539 22,502
Other (income) expense, net (2,635) 436 (2,792) (5,275)
Income before taxes 152,050 136,978 306,947 293,386
Taxes on income 35,317 31,604 71,610 59,754
Net income 116,733 105,374 235,337 233,632
Other comprehensive income, after tax:        
Foreign currency translation adjustments (4,689) 17,557 9,389 (32,958)
(Losses) gains on derivatives qualifying as hedges 800 (5,966) (9,392) 6,117
Pension and postretirement net liability 2,578 5,476 5,133 11,023
Net current period other comprehensive income (loss) (1,311) 17,067 5,130 (15,818)
Total comprehensive income $ 115,422 $ 122,441 $ 240,467 $ 217,814
Net income per share - basic, in dollars per share $ 1.46 $ 1.30 $ 2.94 $ 2.88
Net income per share - diluted, in dollars per share $ 1.46 $ 1.29 $ 2.93 $ 2.86
Average number of shares outstanding - basic 79,764 80,790 79,809 80,729
Average number of shares outstanding - diluted 80,040 81,192 80,141 81,201
Dividends declared per share, in dollars per share $ 0.56 $ 0.47 $ 1.12 $ 0.94