Interim Financial Information

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

Interim Financial Information

Interim Financial Information (unaudited)

	QUARTER ENDED (In thousands, except per share data)
	March 31,		June 30,			September 30,		December 31,
2012
Net sales	$	355,101	$	372,720		$	367,217	$	360,423
Gross profit	110,597		115,784			111,450		107,070
Earnings (loss) before income taxes	7,273		6,850			4,045		(8,194		)
Net earnings (loss) from continuing operations	5,605		(4,305		)	1,208		(10,777		)
Net earnings from discontinued operations	2,630		2,328			1,656		3,482
Net earnings (loss)	8,235		(1,977		)	2,864		(7,295		)
Net earnings (loss) per share from continuing operations—basic	0.18		(0.14		)	0.04		(0.34		)
Net earnings per share from discontinued operations—basic	0.08		0.07			0.05		0.11
Net earnings (loss) per share—basic	0.26		(0.06		)	0.09		(0.23		)
Net earnings (loss) per share from continuing operations—assuming dilution	0.18		(0.14		)	0.04		(0.34		)
Net earnings per share from discontinued operations—assuming dilution	0.08		0.07			0.05		0.11
Net earnings (loss) per share—assuming dilution	0.26		(0.06		)	0.09		(0.23		)
	March 31,		June 30,			September 30,		December 31,
2011
Net sales	$	354,452	$	390,675		$	382,322	$	374,190
Gross profit	114,019		125,125			122,172		119,828
Earnings before income taxes	7,160		5,099			13,161		(34,558		)
Net earnings (loss) from continuing operations	4,690		7,579			8,891		(39,678		)
Net earnings from discontinued operations	2,764		3,082			3,909		4,650
Net earnings (loss)	7,454		10,661			12,800		(35,028		)
Net earnings (loss) per share from continuing operations—basic	0.15		0.24			0.28		(1.25		)
Net earnings per share from discontinued operations—basic	0.09		0.10			0.12		0.15
Net earnings (loss) per share—basic	0.23		0.33			0.40		(1.10		)
Net earnings (loss) per share from continuing operations—assuming dilution	0.14		0.23			0.28		(1.25		)
Net earnings per share from discontinued operations—assuming dilution	0.08		0.09			0.12		0.15
Net earnings (loss) per share—assuming dilution	0.23		0.32			0.40		(1.10		)

Earnings and earnings per share for the quarter ended March 31, 2012 reflects incremental regulatory and compliance costs related to quality systems improvements of $4,104,000 ($3,500,000 after tax or $0.11 per share assuming dilution) and restructuring charges of $561,000 ($391,000 after tax or $0.01 per share assuming dilution).

Earnings and earnings per share for the quarter ended June 30, 2012 reflects incremental regulatory and compliance costs related to quality systems improvements of $7,007,000 ($5,582,000 after tax or $0.18 per share assuming dilution), a one-time discrete tax expense related to prior years of $9,010,000 (0.28 per share assuming dilution), restructuring charges of $2,006,000 ($2,086,000 after tax or $0.07 per share assuming dilution) and loss on debt extinguishment including debt finance charges and associated fees of $312,000 ($312,000 after tax or $0.01 per share assuming dilution) as a result of the company’s decision to extinguish higher interest rate debt.

Earnings and earnings per share for the quarter ended September 30, 2012 reflects incremental regulatory and compliance costs related to quality systems improvements of $6,169,000 ($6,169,000 after tax or $0.19 per share assuming dilution) and restructuring charge of $1,175,000 ($1,129,000 after tax or $0.04 per share assuming dilution).

Loss and loss per share for the quarter ended December 31, 2012 reflects restructuring charges of $7,653,000 ($7,623,000 after tax or $0.24 per share assuming dilution), incremental regulatory and compliance costs related to quality systems improvements of $5,477,000 ($5,477,000 after tax or $0.17 per share assuming dilution), the positive impact of an intraperiod tax allocation associated with discontinued operations $1,956,000 ($0.06 per share assuming dilution) and asset write-downs for intangibles of $773,000 ($698,000 after tax or $0.02 per share assuming dilution) and .

Earnings and earnings per share for the quarter ended March 31, 2011 reflects loss on debt extinguishment including debt finance charges and associated fees of $4,881,000 ($4,881,000 after tax or $0.15 per share assuming dilution) as a result of the company’s decision to extinguish higher interest rate debt.

Earnings and earnings per share for the quarter ended June 30, 2011 reflects loss on debt extinguishment including debt finance charges and associated fees of $11,855,000 ($11,855,000 after tax or $0.36 per share assuming dilution) as a result of the company’s decision to extinguish higher interest rate debt; a tax settlement benefit in Germany of $5,100,000 ($5,100,000 after tax or $0.16 per share assuming dilution); and restructuring charges of $431,000 ($411,000 after tax or $0.01 per share assuming dilution).

Earnings and earnings per share for the quarter ended September 30, 2011 reflects loss on debt extinguishment including debt finance charges and associated fees of $7,462,000 ($7,462,000 after tax or $0.23 per share assuming dilution) as a result of the company’s decision to extinguish higher interest rate debt and restructuring charge of $1,252,000 ($912,000 after tax or $0.03 per share assuming dilution).

Loss and loss per share for the quarter ended December 31, 2011 reflects asset write-downs for goodwill and intangibles of $49,480,000 ($48,719,000 after tax or $1.53 per share assuming dilution) and restructuring charges of $8,852,000 ($8,941,000 after tax or $0.28 per share assuming dilution).