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Consolidated Statement Of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 842,861 $ 793,478 $ 1,671,154 $ 1,576,789
Cost of goods sold 468,272 427,837 931,899 850,940
Gross profit 374,589 365,641 739,255 725,849
Research and development expenses 70,320 63,252 140,031 126,637
Selling and administrative expenses 135,910 132,784 276,240 256,327
Amortization of acquisition-related intangibles 8,494 5,130 15,561 11,191
Restructuring and other charges, net 791 0 10,934 0
Gain on sales of fixed assets (68) (197) (89) (2,910)
Operating profit 159,142 164,672 296,578 334,604
Interest expense 17,556 15,060 30,363 27,539
Other (income) expense, net (454) (2,438) (14,312) 118
Income before taxes 142,040 152,050 280,527 306,947
Taxes on income 32,245 35,317 54,968 71,610
Net income 109,795 116,733 225,559 235,337
Other comprehensive income, after tax:        
Foreign currency translation adjustments 13,347 (4,689) 10,090 9,389
(Losses) gains on derivatives qualifying as hedges (11,768) 800 (13,519) (9,392)
Pension and postretirement net liability 3,688 2,578 7,323 5,133
Net current period other comprehensive income (loss) 5,267 (1,311) 3,894 5,130
Total comprehensive income $ 115,062 $ 115,422 $ 229,453 $ 240,467
Net income per share - basic, in dollars per share $ 1.39 $ 1.46 $ 2.85 $ 2.94
Net income per share - diluted, in dollars per share $ 1.38 $ 1.46 $ 2.84 $ 2.93
Average number of shares outstanding - basic 79,072 79,764 79,088 79,809
Average number of shares outstanding - diluted 79,305 80,040 79,360 80,141
Dividends declared per share, in dollars per share $ 0.64 $ 0.56 $ 1.28 $ 1.12