Note 23 Quarterly Results of Operations (unaudited)

(Amounts in thousands, except per share data)


	2014
	First			Second			Third			Fourth
	Quarter			Quarter			Quarter			Quarter

Net Sales
Net sales of tangible products	$	261,892		$	270,049		$	282,643		$	683,978
Revenue from services and software		26,376			18,372			20,629			106,633

Total net sales		288,268			288,421			303,272			790,611


Cost of Sales
Cost of sales of tangible products		130,449			136,962			141,842			382,884
Cost of sales services and software		9,881			9,290			9,924			71,315

Cost of sales		140,330			146,252			151,766			454,199


Gross Profit		147,938			142,169			151,506			336,412


Operating expenses:
Selling and marketing		35,416			35,755			36,781			105,352
Research and development		22,857			23,710			25,225			79,311
General and administrative		28,391			26,321			24,741			58,761
Amortization of intangible assets		2,672			2,667			2,597			46,160
Acquisition costs		4,927			20,364			35,326			66,094
Exit and restructuring costs		267			287			(120	)		5,573

Total operating expenses		94,530			109,104			124,550			361,251


Operating income (loss)		53,408			33,065			26,956			(24,839)


Other income (loss)
Investment income (loss)		421			379			(2,448	)		934
Foreign exchange income (loss)		(292	)		43			(83	)		(8,427)
Gain (loss) on forward interest rate swap		0			(2,433	)		185			(2,401)
Interest expense		(18	)		(87	)		(14	)		(56,715)
Other, net		26			30			210			(1,271)

Total other income (loss)		137			(2,068	)		(2,150	)		(67,880)

Income (loss) before income taxes		53,545			30,997			24,806			(92,719)
Income tax (benefit)		11,939			3,440			9,861			(41,040)

Net income (loss)	$	41,606		$	27,557		$	14,945		$	(51,679)


Basic earnings per share:	$	0.83		$	0.54		$	0.29		$	(1.02)
Diluted earnings per share:	$	0.82		$	0.54		$	0.29		$	(1.02)

Basic weighted average shares outstanding		50,402			50,606			50,835			50,452
Diluted weighted average and equivalent shares outstanding		50,974			51,278			51,461			50,452


	2013
	First			Second			Third			Fourth
	Quarter			Quarter			Quarter			Quarter

Net Sales
Net sales of tangible products	$	225,121		$	239,909		$	249,919		$	269,583
Revenue from services and software		11,816			13,251			13,604			14,956

Total net sales		236,937			253,160			263,523			284,539


Cost of Sales
Cost of sales of tangible products		117,111			125,664			128,191			136,547
Cost of sales services and software		6,761			6,589			6,722			6,964

Cost of sales		123,872			132,253			134,913			143,511


Gross Profit		113,065			120,907			128,610			141,028


Operating expenses:
Selling and marketing		33,515			33,830			34,395			36,280
Research and development		21,858			23,201			22,376			23,712
General and administrative		25,277			24,053			22,452			24,434
Amortization of intangible assets		1,863			1,863			1,831			1,826
Acquisition costs		482			618			268			3,322
Exit and restructuring costs		1,895			1,101			519			2,375

Total operating expenses		84,890			84,666			81,841			91,949


Operating income		28,175			36,241			46,769			49,079


Other income (loss)
Investment income		677			473			550			666
Foreign exchange loss		(98	)		(462	)		(173	)		209
Interest income (expense)		(47	)		(9	)		(11	)		(30)
Other, net		57			1,473			6			282

Total other income		589			1,475			372			1,127


Income from continuing operations before income taxes		28,764			37,716			47,141			50,206
Income taxes		5,222			7,158			8,541			8,681

Income from continuing operations		23,542			30,558			38,600			41,525
Income from discontinued operations, net of tax		0			8			0			125

Net income	$	23,542		$	30,566		$	38,600		$	41,650


Basic earnings per share:
Income from continuing operations	$	0.46		$	0.60		$	0.76		$	0.83
Income from discontinued operations		0.00			0.00			0.00			0.00

Net Income	$	0.46		$	0.60		$	0.76		$	0.83


Diluted earnings per share:
Income from continuing operations	$	0.46		$	0.60		$	0.76		$	0.82
Income from discontinued operations		0.00			0.00			0.00			0.00

Net Income	$	0.46		$	0.60		$	0.76		$	0.82


Basic weighted average shares outstanding		50,980			50,990			50,590			50,289
Diluted weighted average and equivalent shares outstanding		51,366			51,283			50,924			50,666