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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]        
Net sales [1] $ 305,172 $ 286,636 $ 588,938 $ 548,462
Cost of sales 216,267 205,347 422,070 394,584
Gross profit 88,905 81,289 166,868 153,878
Selling, general and administrative expenses 60,536 57,750 120,536 115,467
Restructuring and integration expenses 644 231 644 3,067
Other income (expense), net 3 42 (3) 313
Operating income 27,728 23,350 45,685 35,657
Other non-operating income, net 1,411 480 2,057 449
Interest expense 1,722 1,251 2,811 1,883
Earnings from continuing operations before taxes 27,417 22,579 44,931 34,223
Provision for income taxes 6,862 5,752 11,272 8,799
Earnings from continuing operations 20,555 16,827 33,659 25,424
Loss from discontinued operations, net of income taxes (1,123) (882) (2,011) (1,490)
Net earnings $ 19,432 $ 15,945 $ 31,648 $ 23,934
Net earnings per common share - Basic:        
Earnings from continuing operations (in dollars per share) $ 0.92 $ 0.75 $ 1.50 $ 1.13
Discontinued operations (in dollars per share) (0.05) (0.04) (0.09) (0.07)
Net earnings per common share - Basic (in dollars per share) 0.87 0.71 1.41 1.06
Net earnings per common share - Diluted:        
Earnings from continuing operations (in dollars per share) 0.90 0.73 1.47 1.11
Discontinued operations (in dollars per share) (0.05) (0.04) (0.09) (0.07)
Net earnings per common share - Diluted (in dollars per share) 0.85 0.69 1.38 1.04
Dividends declared per share (in dollars per share) $ 0.23 $ 0.21 $ 0.46 $ 0.42
Average number of common shares (in shares) 22,328,292 22,471,428 22,374,785 22,484,894
Average number of common shares and dilutive common shares (in shares) 22,795,677 22,958,469 22,857,435 22,962,049
[1] Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.