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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 326,076 $ 304,853 $ 609,744 $ 564,097
Cost of sales 176,276 170,674 330,278 319,664
Gross profit 149,800 134,179 279,466 244,433
Operating expenses:        
Research and development and other engineering 12,191 11,055 25,573 23,316
Selling 26,834 28,687 55,361 56,799
General and administrative 38,636 41,345 77,107 80,893
Total operating expenses 77,661 81,087 158,041 161,008
Net gain on disposal of assets (73) (561) (137) (251)
Income from operations 72,212 53,653 121,562 83,676
Interest income (expense), net and other (151) 147 (2,684) (616)
Income before taxes 72,061 53,800 118,878 83,060
Provision for income taxes 18,582 14,223 28,573 20,821
Net income 53,479 39,577 90,305 62,239
Translation adjustment, net of tax 4,525 1,363 (3,069) 28
Unamortized pension adjustments (213) (100) 61 (100)
Comprehensive net income $ 57,791 $ 40,840 $ 87,297 $ 62,167
Earnings per common share:        
Basic $ 1.23 $ 0.89 $ 2.06 $ 1.39
Diluted $ 1.22 $ 0.88 $ 2.05 $ 1.38
Number of shares outstanding        
Basic 43,471 44,671 43,787 44,772
Diluted 43,663 44,972 43,980 45,089
Cash dividends declared per common share (in dollars per share) $ 0.23 $ 0.23 $ 0.46 $ 0.45