XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Income (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Net sales $ 322,074 $ 267,394 $ 634,173 $ 530,940
Cost of sales 211,705 177,411 426,261 355,127
Selling and administrative expenses 64,988 53,834 127,406 114,708
Total operating costs and expenses 276,693 231,245 553,667 469,835
Operating income 45,381 36,149 80,506 61,105
Interest expense 2,804 3,241 6,123 7,598
Other expense (income), net 792 495 1,027 1,462
Income from continuing operations before income taxes 41,785 32,413 73,356 52,045
Income taxes 11,557 23,218 20,375 27,417
Income from continuing operations 30,228 9,195 52,981 24,628
Income from discontinued operations, net of income taxes (Note 2) 0 200,132 0 198,171
Net income $ 30,228 $ 209,327 $ 52,981 $ 222,799
Basic:        
Income from continuing operations (in dollars per share) $ 0.55 $ 0.18 $ 0.97 $ 0.46
Income from discontinued operations, net of income taxes (in dollars per share) $ 0.00 $ 3.72 $ 0.00 $ 3.65
Net income (in dollars per share) $ 0.55 $ 3.90 $ 0.97 $ 4.11
Diluted:        
Income from continuing operations (in dollars per share) $ 0.54 $ 0.17 $ 0.95 $ 0.45
Income from discontinued operations, net of income taxes (in dollars per share) $ 0.00 $ 3.65 $ 0.00 $ 3.59
Net income (in dollars per share) $ 0.54 $ 3.82 $ 0.95 $ 4.04
Dividends (in dollars per share) $ 0.11 $ 0.10 $ 0.22 $ 0.20
Weighted average common shares outstanding:        
Basic (in shares) 54,740,750 53,738,051 54,695,865 54,230,272
Diluted (in shares) 55,927,881 54,809,896 55,950,467 55,135,892