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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 263,002 $ 229,973 $ 482,869 $ 429,496
Cost of sales 139,477 118,486 259,188 225,486
Gross profit 123,525 111,487 223,681 204,010
Operating expenses:        
Research and development and other engineering 13,264 11,452 26,371 22,875
Selling 28,511 24,822 57,994 50,009
General and administrative 36,563 34,945 71,549 64,243
Net loss (gain) on disposal of assets 50 (656) (1) (682)
Total operating expenses 78,388 70,563 155,913 136,445
Income from operations 45,137 40,924 67,768 67,565
Loss in equity method investment, before tax (12) 0 (41) 0
Interest expense, net (199) (83) (388) (318)
Gain on bargain purchase of a business 0 0 8,388 0
Income before taxes 44,926 40,841 75,727 67,247
Provision for income taxes 16,712 14,640 24,392 24,703
Net income $ 28,214 $ 26,201 $ 51,335 $ 42,544
Earnings per common share:        
Basic (in dollars per share) $ 0.59 $ 0.54 $ 1.08 $ 0.88
Diluted (in dollars per share) $ 0.59 $ 0.54 $ 1.07 $ 0.88
Number of shares outstanding        
Basic (in shares) 47,634 48,399 47,634 48,353
Diluted (in shares) 47,920 48,605 47,922 48,533
Cash dividends declared per common share (in dollars per share) $ 0.21 $ 0.18 $ 0.39 $ 0.34