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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net sales      
Product Sales $ 1,957,879 $ 1,865,884 $ 1,930,497
Service Sales 550,378 529,563 555,486
Net Sales 2,508,257 2,395,447 2,485,983
Cost of sales      
Products Cost of Sales 767,753 744,867 810,547
Service Cost of Sales 304,917 298,587 316,686
Gross profit 1,435,587 1,351,993 1,358,750
Research and development 119,968 119,076 123,297
Selling, general and administrative 732,622 700,810 728,582
Amortization 36,052 30,951 29,185
Interest Expense 28,026 27,451 24,537
Restructuring Charges 6,235 11,148 5,915
Other Charges (Income), Net 8,491 (867) 2,230
Earnings Before Taxes 504,193 463,424 445,004
Provision for taxes 119,823 110,604 106,763
Net earnings $ 384,370 $ 352,820 $ 338,241
Basic earnings per common share:      
Net earnings $ 14.49 $ 12.75 $ 11.71
Weighted average number of common shares 26,517,768 27,680,918 28,890,771
Diluted earnings per common share:      
Net earnings $ 14.22 $ 12.48 $ 11.44
Weighted average number of common and common equivalent shares 27,023,905 28,269,615 29,571,308