XML 16 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales      
Product Sales $ 2,135,051 $ 1,957,879 $ 1,865,884
Service Sales 590,002 550,378 529,563
Net Sales 2,725,053 2,508,257 2,395,447
Cost of sales      
Products Cost of Sales 833,793 767,753 744,867
Service Cost of Sales 317,947 304,917 298,587
Gross profit 1,573,313 1,435,587 1,351,993
Research and development 129,265 119,968 119,076
Selling, general and administrative 787,464 732,622 700,810
Amortization 42,671 36,052 30,951
Interest Expense 32,785 28,026 27,451
Restructuring Charges 12,772 6,235 11,148
Other Charges (Income), Net (5,866) 8,491 (867)
Earnings Before Taxes 574,222 504,193 463,424
Provision for taxes 198,250 119,823 110,604
Net earnings $ 375,972 $ 384,370 $ 352,820
Basic earnings per common share:      
Net earnings $ 14.62 $ 14.49 $ 12.75
Weighted average number of common shares 25,713,575 26,517,768 27,680,918
Diluted earnings per common share:      
Net earnings $ 14.24 $ 14.22 $ 12.48
Weighted average number of common and common equivalent shares 26,393,783 27,023,905 28,269,615