XML 16 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net sales      
Product Sales $ 1,865,884 $ 1,930,497 $ 1,860,893
Service Sales 529,563 555,486 518,079
Total Net Sales 2,395,447 2,485,983 2,378,972
Cost of sales      
Products Cost of Sales 744,867 810,547 795,225
Service Cost of Sales 298,587 316,686 301,816
Gross profit 1,351,993 1,358,750 1,281,931
Research and development 119,076 123,297 116,346
Selling, general and administrative 700,810 728,582 692,693
Amortization 30,951 29,185 24,539
Interest Expense 27,451 24,537 22,711
Restructuring Charges 11,148 5,915 19,830
Other Charges (Income), Net (867) 2,230 3,103
Earnings Before Taxes 463,424 445,004 402,709
Provision for taxes 110,604 106,763 96,615
Net earnings $ 352,820 $ 338,241 $ 306,094
Basic earnings per common share:      
Net earnings $ 12.75 $ 11.71 $ 10.22
Weighted average number of common shares 27,680,918 28,890,771 29,945,954
Diluted earnings per common share:      
Net earnings $ 12.48 $ 11.44 $ 9.96
Weighted average number of common and common equivalent shares 28,269,615 29,571,308 30,728,482