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Consolidated Statement Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Net sales $ 777,001 $ 765,092 $ 2,353,790 $ 2,307,540
Cost of goods sold 430,733 417,966 1,281,673 1,269,097
Gross profit 346,268 347,126 1,072,117 1,038,443
Research and development expenses 64,415 62,750 191,052 188,725
Selling and administrative expenses 152,046 122,249 408,372 372,267
Amortization of acquisition-related intangibles 5,468 5,414 16,659 10,293
Restructuring and other charges, net 0 0 0 (170)
Operating profit 124,339 156,713 456,034 467,328
Interest expense 13,111 11,855 40,649 34,357
Other (income) expense, net (2,162) 1,959 (4,952) (3,315)
Income before taxes 113,390 142,899 420,337 436,286
Taxes on income 23,613 36,452 95,223 96,206
Net income 89,777 106,447 325,114 340,080
Other comprehensive income, after tax:        
Foreign currency translation adjustments (6,191) (48,368) 3,198 (81,326)
(Losses) gains on derivatives qualifying as hedges 268 (12,498) (9,124) (6,381)
Pension and postretirement net liability 2,586 5,478 7,719 16,501
Net current period other comprehensive income (loss) (3,337) (55,388) 1,793 (71,206)
Total comprehensive income $ 86,440 $ 51,059 $ 326,907 $ 268,874
Net income per share - basic, in dollars per share $ 1.13 $ 1.32 $ 4.07 $ 4.20
Net income per share - diluted, in dollars per share $ 1.12 $ 1.31 $ 4.05 $ 4.18
Average number of shares outstanding - basic 79,580 80,330 79,727 80,602
Average number of shares outstanding - diluted 79,935 80,737 80,067 81,052
Dividends declared per share, in dollars per share $ 0.64 $ 0.56 $ 1.76 $ 1.5