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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Net sales $ 148,793 $ 101,051 $ 274,019 $ 200,080
Cost of sales 114,140 78,014 213,167 155,678
Gross profit 34,653 23,037 60,852 44,402
Selling, product development and administrative expenses 22,080 13,516 40,653 28,364
Operating income 12,573 [1] 9,521 [1] 20,199 [1] 16,038 [1]
Interest expense 280 76 492 154
Other expense, net 299 18 354 60
Income before income taxes 11,994 9,427 19,353 15,824
Income tax expense 3,754 3,472 7,397 5,377
Net income $ 8,240 $ 5,955 $ 11,956 $ 10,447
Earnings per share:        
Basic (usd per share) $ 0.50 $ 0.36 $ 0.72 $ 0.63
Diluted (usd per share) $ 0.49 $ 0.35 $ 0.71 $ 0.62
Weighted average number of common shares outstanding:        
Basic (in shares) 16,618 16,612 16,580 16,674
Diluted (in shares) 16,980 16,831 16,925 16,927
[1] Industrial Filtration segment reports results for the period following the date of acquisition of February 20, 2014 through June 30, 2014.