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Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net sales        
Products $ 508,963 $ 469,548 $ 1,392,860 $ 1,332,154
Service 141,635 134,606 405,698 389,758
Total net sales 650,598 604,154 1,798,558 1,721,912
Cost of sales        
Products 203,150 188,673 552,329 536,466
Service 77,954 75,952 229,252 224,200
Gross profit 369,494 339,529 1,016,977 961,246
Research and development 30,139 29,711 89,813 87,966
Selling, general and administrative 187,680 175,546 544,399 523,392
Amortization 9,087 7,767 26,166 22,929
Interest expense 7,167 7,029 20,619 20,696
Restructuring Charges 1,494 2,561 4,579 5,188
Other charges (income), net 603 (8) 8,492 (858)
Earnings before taxes 133,324 116,923 322,909 301,933
Provision for taxes 31,992 28,062 76,315 72,464
Net earnings $ 101,332 $ 88,861 $ 246,594 $ 229,469
Basic earnings per common share:        
Net earnings $ 3.84 $ 3.23 $ 9.25 $ 8.24
Weighted average number of common shares 26,375,468 27,547,734 26,644,938 27,833,541
Diluted earnings per common share:        
Net earnings $ 3.77 $ 3.16 $ 9.08 $ 8.07
Weighted average number of common and common equivalent shares 26,888,810 28,113,287 27,153,450 28,443,478
Comprehensive Income, Net of Tax (Note 9) $ 117,704 $ 48,248 $ 246,840 $ 204,380