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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net sales $ 2,853,367 $ 2,694,609 $ 2,070,172
Cost of goods sold 1,986,711 1,957,872 1,506,353
Gross profit 866,656 736,737 563,819
Selling, general & administrative expenses 495,221 439,775 377,773
Rationalization and asset impairment charges (gains) 9,354 282 (384)
Operating income 362,081 296,680 186,430
Other income (expense):      
Interest income 3,988 3,121 2,381
Equity earnings in affiliates 5,007 5,385 3,171
Other income 2,685 2,849 1,817
Interest expense (4,191) (6,704) (6,691)
Total other income (expense) 7,489 4,651 678
Income before income taxes 369,570 301,331 187,108
Income taxes 112,354 84,318 54,898
Net income including non-controlling interests 257,216 217,013 132,210
Non-controlling interests in subsidiaries' (loss) earnings (195) (173) 1,966
Net income $ 257,411 $ 217,186 $ 130,244
Basic earnings per share (in dollars per share) $ 3.10 $ 2.60 $ 1.54
Diluted earnings per share (in dollars per share) $ 3.06 $ 2.56 $ 1.53
Cash dividends declared per share (in dollars per share) $ 0.710 $ 0.635 $ 0.575