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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net sales [1] $ 641,443 $ 610,911 $ 537,482
Cost of sales 406,081 376,158 348,945
Gross margin 235,362 234,753 188,537
Selling, general and administrative expenses 131,463 125,244 106,398
Research and development expenses 27,644 22,878 21,646
Restructuring and impairment charges 0 5,390 10,376
Operating income 76,255 81,241 50,117
Equity income in unconsolidated joint ventures 2,890 4,123 4,326
Interest income (expense), net (4,480) (2,946) (3,481)
Other income (expense), net (8,492) (1,194) (1,240)
Income before income taxes 66,173 81,224 49,722
Income tax expense 19,853 27,812 11,519
Income from continuing operations 46,320 53,412 38,203
Income from discontinued operations, net of income taxes 0 0 102
Net income $ 46,320 $ 53,412 $ 38,305
Basic earnings per share:      
Income from continuing operations (in dollars per share) $ 2.52 $ 2.94 $ 2.22
Income from discontinued operations (in dollars per share) 0.00 0.00 0.01
Net income (in dollars per share) 2.52 2.94 2.23
Diluted earnings per share:      
Income from continuing operations (in dollars per share) 2.48 2.86 2.15
Income from discontinued operations (in dollars per share) 0.00 0.00 0.01
Net income (in dollars per share) $ 2.48 $ 2.86 $ 2.16
Shares used in computing:      
Basic earnings per share (in shares) 18,371,000 18,177,000 17,198,000
Diluted earnings per share (in shares) 18,680,000 18,698,000 17,768,000
[1] Net sales are allocated to countries based on the location of the customer.