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Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Sales $ 1,495,690 $ 1,297,473
Cost of Goods and Services Sold 1,143,242 973,992
Gross profit 352,448 323,481
Operating expenses:    
Selling and marketing 129,259 117,707
Research and development 67,120 65,230
General and administrative 92,938 78,693
Total operating expenses 289,317 261,630
Operating income 81,936 83,276
Non-operating expense:    
Interest expense 20,419 8,048
Equity in loss of other affiliates 606 21,511
Other income, net (3,501) (19,975)
Income before income taxes 64,412 73,692
Provision for income taxes 16,016 17,978
Net income 48,396 55,714
Net income attributable to noncontrolling interest (18) 0
Net income $ 48,378 $ 55,714
Basic net income per share (in dollars per share) $ 0.79 $ 0.88
Diluted net income per share (in dollars per share) $ 0.78 $ 0.85
Weighted average shares outstanding:    
Basic (in shares) 61,284 63,303
Diluted (in shares) 62,027 65,219
Income from financial services    
Sales $ 18,805 $ 21,425