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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 201,944 $ 221,842 $ 591,911 $ 704,492
Cost of sales 126,426 142,975 380,794 454,403
Gross margin 75,518 78,867 211,117 250,089
Selling, general and administrative expenses 50,230 40,448 132,254 127,349
Research and development expenses 7,085 7,830 22,185 23,282
Restructuring and impairment charges 9,413 580 9,413 2,485
Other operating (income) expense, net (4) 124 (96) 1,075
Operating income 8,794 29,885 47,361 95,898
Equity income in unconsolidated joint ventures 937 1,498 3,177 4,077
Pension settlement charges 0 0 (55) 0
Other income (expense), net 1,446 (918) 1,294 (915)
Interest expense, net (3,553) (1,747) (6,539) (5,723)
Income before income tax expense 7,624 28,718 45,238 93,337
Income tax expense 618 5,331 10,453 17,258
Net income $ 7,006 $ 23,387 $ 34,785 $ 76,079
Basic earnings per share (in dollars per share) $ 0.37 $ 1.26 $ 1.86 $ 4.10
Diluted earnings per share (in dollars per share) $ 0.37 $ 1.25 $ 1.86 $ 4.07
Shares used in computing:        
Basic earnings per share (in shares) 18,688 18,581 18,678 18,569
Diluted earnings per share (in shares) 18,713 18,724 18,695 18,715