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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 929,240 $ 900,610 $ 1,054,132
Cost of goods sold 550,849 529,538 656,431
Gross profit 378,391 371,072 397,701
Selling, general and administrative expenses 160,127 163,909 163,651
Technical and research expenses 38,922 35,347 37,569
Restructuring expenses, net 1,331 5,736 2,905
Operating income 178,011 166,080 193,576
Interest income (2,500) (2,748) (2,729)
Interest expense 17,391 16,332 19,650
Aviation Manufacturing Jobs Protection (AMJP) grant (5,832) 0 0
Other expense/(income), net 3,021 13,422 (1,557)
Income before income taxes 165,931 139,074 178,212
Income tax expense 47,163 41,831 44,829
Net income 118,768 97,243 133,383
Net income/(loss) attributable to the noncontrolling interest 290 (1,346) 985
Net income attributable to the Company $ 118,478 $ 98,589 $ 132,398
Basic earnings per share (in dollars per share) $ 3.66 $ 3.05 $ 4.10
Diluted earnings per share (in dollars per share) 3.65 3.05 4.10
Dividends declared per share, Class A and Class B (in dollars per share) $ 0.81 $ 0.77 $ 0.73