XML 18 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 685,947 $ 561,249 $ 1,337,983 $ 1,155,711
Cost of sales 379,875 326,449 739,288 648,955
Gross profit 306,072 234,800 598,695 506,756
Selling, general and administrative expenses 144,680 120,365 279,528 252,380
Restructuring expenses and asset impairments 3,136 3,841 5,364 3,841
Operating income 158,256 110,594 313,803 250,535
Other (income) expense - net 17,175 6,460 16,327 8,025
Interest expense 11,205 12,439 21,981 23,316
Income before income taxes 129,876 91,695 275,495 219,194
Provision for income taxes 27,697 20,831 60,644 46,332
Net income 102,179 70,864 214,851 172,862
Net (income) loss attributable to noncontrolling interest 16 0 52 0
Net income attributable to IDEX $ 102,195 $ 70,864 $ 214,903 $ 172,862
Earnings per common share:        
Basic earnings per common share attributable to IDEX (in dollars per share) $ 1.34 $ 0.94 $ 2.83 $ 2.29
Diluted earnings per common share attributable to IDEX (in dollars per share) $ 1.34 $ 0.93 $ 2.81 $ 2.27
Share data:        
Basic weighted average common shares outstanding (in shares) 75,968 75,171 75,930 75,459
Diluted weighted average common shares outstanding (in shares) 76,429 75,937 76,385 76,198