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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
REVENUES:      
Revenues $ 1,271,004 $ 1,266,208 $ 1,400,040
Cost of Goods Sold 809,507 794,344 830,012
Gross profit 461,497 471,864 570,028
OPERATING EXPENSES:      
Selling, general and administrative 283,953 276,982 320,002
Research and development 42,948 48,611 52,867
Restructuring, strategic transaction and integration expenses 28,409 80,574 105,390
Change in fair value of contingent earn-out 9,000 (47,400) 20,400
Contractsettlements (975) 5,737 41,613
Total operating expenses 363,335 364,504 540,272
Income from operations 98,162 107,360 29,756
Interest Expense (1,753) (549) (709)
OTHER (EXPENSE) INCOME,NET 1,085 7,896 (6,673)
Income before income taxes 97,494 114,707 22,374
(PROVISION) BENEFIT FOR INCOME TAXES (10,624) (13,672) 6,419
Net Income $ 86,870 $ 101,035 $ 28,793
Basic $ 4.16 $ 4.90 $ 1.41
Diluted $ 4.02 $ 4.69 $ 1.33
WEIGHTED AVERAGE NUMBER OF SHARES      
Basic (in shares) 20,907 20,629 20,394
Diluted (in shares) 21,591 21,545 21,601