XML 66 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
Net sales $ 1,091,566 $ 928,780 $ 865,078
Cost of sales 738,170 655,653 615,331
Selling and administrative expenses 230,195 165,996 148,168
Total operating costs and expenses 968,365 821,649 763,499
Operating income 123,201 107,131 101,579
Interest expense 13,090 12,238 10,271
Other expense (income), net 2,537 2,631 333
Income from continuing operations before income taxes 107,574 92,262 90,975
Income taxes 35,253 12,432 16,020
Income from continuing operations 72,321 79,830 74,955
Income (loss) from discontinued operations, net of income taxes of $120,750, $10,831 and $10,460, respectively (Note 2) 198,206 15,419 (10,240)
Net income $ 270,527 $ 95,249 $ 64,715
Basic:      
Income from continuing operations (in dollars per share) $ 1.34 $ 1.46 $ 1.36
Income (loss) from discontinued operations, net of income taxes (in dollars per share) $ 3.68 $ 0.28 $ (0.19)
Net income (in dollars per share) $ 5.02 $ 1.74 $ 1.17
Diluted:      
Income from continuing operations (in dollars per share) $ 1.31 $ 1.44 $ 1.34
Income (loss) from discontinued operations, net of income taxes (in dollars per share) $ 3.61 $ 0.28 $ (0.18)
Net income (in dollars per share) $ 4.92 $ 1.72 $ 1.16
Dividends $ 0.42 $ 0.40 $ 0.34
Weighted average common shares outstanding:      
Basic (in shares) 53,860,308 54,626,453 55,214,586
Diluted (in shares) 54,973,344 55,224,457 55,931,882