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Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales        
Products $ 469,548 $ 488,829 $ 1,332,154 $ 1,379,655
Service 134,606 140,271 389,758 408,900
Total net sales 604,154 629,100 1,721,912 1,788,555
Cost of sales        
Products 188,673 206,227 536,466 586,883
Service 75,952 79,322 224,200 237,304
Gross profit 339,529 343,551 961,246 964,368
Research and development 29,711 30,352 87,966 91,974
Selling, general and administrative 175,546 186,499 523,392 541,793
Amortization 7,767 7,198 22,929 21,575
Interest expense 7,029 5,991 20,696 17,613
Restructuring Charges 2,561 1,050 5,188 4,447
Other charges (income), net (8) 625 (858) 1,348
Earnings before taxes 116,923 111,836 301,933 285,618
Provision for taxes 28,062 26,840 72,464 68,549
Net earnings $ 88,861 $ 84,996 $ 229,469 $ 217,069
Basic earnings per common share:        
Net earnings $ 3.23 $ 2.96 $ 8.24 $ 7.47
Weighted average number of common shares 27,547,734 28,732,152 27,833,541 29,056,663
Diluted earnings per common share:        
Net earnings $ 3.16 $ 2.89 $ 8.07 $ 7.30
Weighted average number of common and common equivalent shares 28,113,287 29,408,614 28,443,478 29,747,321
Comprehensive Income, Net of Tax (Note 9) $ 48,248 $ 44,540 $ 204,380 $ 176,076