XML 45 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenues $ 613,014 $ 610,693 $ 1,217,370 $ 1,142,546
Cost of sales 401,144 400,425 802,933 747,822
Gross profit 211,870 210,268 414,437 394,724
Selling and administrative expenses 103,115 105,009 209,028 201,030
Other operating expense, net 720 6,087 17,582 7,699
Operating income 108,035 99,172 187,827 185,995
Interest expense 3,967 3,934 7,801 9,281
Other (income) expense, net (357) 279 (1,580) (683)
Income before income taxes 104,425 94,959 181,606 177,397
Provision for income taxes 28,822 27,263 50,888 49,802
Net income 75,603 67,696 130,718 127,595
Less: Net income attributable to noncontrolling interests 336 575 619 996
Net income attributable to Gardner Denver $ 75,267 $ 67,121 $ 130,099 $ 126,599
Net earnings per share attributable to Gardner Denver common stockholders        
Basic earnings per share $ 1.52 $ 1.28 $ 2.60 $ 2.42
Diluted earnings per share $ 1.51 $ 1.27 $ 2.58 $ 2.40
Cash dividends declared per common share $ 0.05 $ 0.05 $ 0.10 $ 0.10