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Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net sales:      
Net sales: $ 676,836 $ 628,402 $ 603,593
Cost of sales 518,326 484,890 468,508
Gross profit 158,510 143,512 135,085
Selling, general and administrative expenses 107,773 97,507 92,347
Gain on bargain purchase 0 0 (8,616)
Goodwill impairment 0 656 1,898
Income from operations 50,737 45,349 49,456
Interest expense (1,161) (1,620) (2,422)
Interest income 186 234 247
Other income (expense), net 1,626 (517) 848
Income before income taxes 51,388 43,446 48,129
Provision for income taxes 15,294 14,543 15,442
Net income 36,094 28,903 32,687
Net income per common share:      
Basic (in dollars per share) $ 3.00 $ 2.43 $ 2.76
Diluted (in dollars per share) $ 2.96 $ 2.40 $ 2.73
Average common shares:      
Basic (in shares) 12,050,000 11,899,000 11,848,000
Diluted (in shares) 12,212,000 12,058,000 11,966,000
North American Industrial
     
Net sales:      
Net sales: 296,617 263,353 229,594
Income from operations 25,743 19,313 24,649
North American Agricultural
     
Net sales:      
Net sales: 215,340 200,467 203,993
Income from operations 17,880 18,319 16,644
European
     
Net sales:      
Net sales: 164,879 164,582 170,006
Income from operations $ 7,114 $ 7,717 $ 8,163