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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 191,157 $ 242,852 $ 389,967 $ 482,650
Cost of sales 121,188 157,024 254,368 311,428
Gross margin 69,969 85,828 135,599 171,222
Selling, General and Administrative Expense 41,694 43,649 82,024 86,901
Research and Development Expense 7,295 7,843 15,100 15,452
Restructuring and impairment charges 0 1,083 0 1,905
Other operating (income) expense, net (112) 40 (92) 951
Operating income 21,092 33,213 38,567 66,013
Equity income in unconsolidated joint ventures 1,022 1,742 2,240 2,579
Pension settlement charges (55) 0 (55) 0
Other (expense) income, net 634 (1,401) (152) 3
Interest expense, net (1,779) (2,038) (2,986) (3,976)
Income before income tax expense 20,914 31,516 37,614 64,619
Income tax expense 6,394 7,223 9,835 11,927
Net income $ 14,520 $ 24,293 $ 27,779 $ 52,692
Basic earnings per share (in dollars per share) $ 0.78 $ 1.31 $ 1.49 $ 2.84
Diluted earnings per share (in dollars per share) $ 0.78 $ 1.30 $ 1.49 $ 2.82
Shares used in computing:        
Basic earnings per share (in shares) 18,676 18,568 18,673 18,562
Diluted earnings per share (in shares) 18,681 18,730 18,686 18,711