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Interim Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 946,750 $ 982,117 $ 1,872,699 $ 1,910,855
Gross profit 565,668 583,543 1,113,801 1,130,109
Research and development 45,771 47,245 92,186 92,722
Selling, general and administrative 235,796 228,594 470,186 463,232
Amortization 18,178 18,042 36,406 35,821
Interest expense 18,950 19,249 38,182 37,433
Restructuring Charges 5,329 8,021 14,993 12,295
Other charges (income), net (1,533) (1,011) (1,876) (1,407)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 243,177 263,403 463,724 490,013
Provision for taxes 21,363 49,476 64,401 87,660
Net earnings $ 221,814 $ 213,927 $ 399,323 $ 402,353
Basic earnings per common share:        
Net earnings $ 10.42 $ 9.75 $ 18.70 $ 18.28
Weighted average number of common shares 21,279,006 21,944,645 21,358,339 22,013,662
Diluted earnings per common share:        
Net earnings $ 10.37 $ 9.69 $ 18.60 $ 18.15
Weighted average number of common and common equivalent shares 21,392,550 22,080,602 21,468,995 22,164,394
Comprehensive Income, Net of Tax (Note 9) $ 209,521 $ 175,227 $ 408,771 $ 362,370
Product [Member]        
Revenues 712,260 758,971 1,413,228 1,474,972
Cost of Goods and Services Sold 270,571 296,953 542,498 582,704
Service [Member]        
Revenues 234,490 223,146 459,471 435,883
Cost of Goods and Services Sold $ 110,511 $ 101,621 $ 216,400 $ 198,042