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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 309,932 $ 284,178 $ 874,029 $ 836,964
Cost of sales 172,288 150,282 491,952 454,881
Gross profit 137,644 133,896 382,077 382,083
Operating expenses:        
Research and development and other engineering 11,972 10,441 35,287 32,840
Selling 27,672 26,879 84,471 83,653
General and administrative 37,047 37,358 117,941 113,565
Total operating expenses 76,691 74,678 237,699 230,058
Net gain on disposal of assets (14) (460) (265) (1,769)
Income from operations 60,967 59,678 144,643 153,794
Interest income (expense), net and other (1,778) 1,156 (2,394) 284
Income before taxes 59,189 60,834 142,249 154,078
Provision for income taxes 15,503 16,473 36,324 40,202
Net income 43,686 44,361 105,925 113,876
Translation adjustment (5,797) 2,950 (5,825) 10,533
Unamortized pension adjustments (362) 0 (462) 0
Comprehensive net income $ 49,121 $ 41,411 $ 111,288 $ 103,343
Earnings per common share:        
Basic $ 0.98 $ 0.96 $ 2.37 $ 2.46
Diluted $ 0.97 $ 0.95 $ 2.35 $ 2.43
Number of shares outstanding        
Basic 44,477 46,192 44,673 46,375
Diluted 44,814 46,622 44,995 46,770
Cash dividends declared per common share (in dollars per share) $ 0.23 $ 0.22 $ 0.68 $ 0.65