XML 72 R61.htm IDEA: XBRL DOCUMENT v3.19.2
Revenue (Schedule of Impact of the Adoption ASC 606 on Condensed Consolidated Earning) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 752,005 $ 588,117 $ 2,163,660 $ 1,606,514
Costs and expenses:        
Cost of goods sold 562,516 428,673 1,621,531 1,178,459
Selling, general and administrative expenses 52,980 54,868 159,764 141,082
Research and development costs 40,661 39,470 123,359 111,425
Restructuring charges       17,013
Interest expense 10,798 10,056 34,156 27,751
Interest income (348) (342) (1,013) (1,176)
Other (income) expense, net (6,916) 975 (18,134) (8,591)
Total costs and expenses 659,691 533,700 1,919,663 1,465,963
Earnings before income taxes 92,314 54,417 243,997 140,551
Income tax expense 26,207 5,300 51,191 34,685
Net earnings $ 66,107 $ 49,117 $ 192,806 $ 105,866
Earnings Per Share        
Basic earnings per share $ 1.07 $ 0.80 $ 3.11 $ 1.72
Diluted earnings per share $ 1.02 $ 0.77 $ 2.99 $ 1.66
Weighted Average Common Shares Outstanding (Note 4):        
Basic 61,941 61,608 61,977 61,417
Diluted 64,633 63,881 64,437 63,782
Under Previous Standard [Member]        
Net sales $ 701,426   $ 2,057,294  
Costs and expenses:        
Cost of goods sold 520,274   1,528,328  
Selling, general and administrative expenses 52,897   159,902  
Research and development costs 40,911   125,262  
Interest expense 10,798   34,156  
Interest income (348)   (1,013)  
Other (income) expense, net (6,916)   (18,134)  
Total costs and expenses 617,616   1,828,501  
Earnings before income taxes 83,810   228,793  
Income tax expense 24,403   47,958  
Net earnings $ 59,407   $ 180,835  
Earnings Per Share        
Basic earnings per share $ 0.96   $ 2.92  
Diluted earnings per share $ 0.92   $ 2.81  
Weighted Average Common Shares Outstanding (Note 4):        
Basic 61,941   61,977  
Diluted 64,633   64,437  
ASC 606 [Member] | Out-Of-Period Correction [Member]        
Net sales $ 13,614      
Costs and expenses:        
Cost of goods sold 5,573      
Total costs and expenses 5,573      
Earnings before income taxes 8,041      
Income tax expense 2,004      
Net earnings $ 6,037      
Earnings Per Share        
Basic earnings per share $ 0.10      
Diluted earnings per share $ 0.09      
Adjustments [Member] | ASC 606 [Member]        
Net sales $ 36,965   $ 106,366  
Costs and expenses:        
Cost of goods sold 36,669   93,203  
Selling, general and administrative expenses 83   (138)  
Research and development costs (250)   (1,903)  
Total costs and expenses 36,502   91,162  
Earnings before income taxes 463   15,204  
Income tax expense (200)   3,233  
Net earnings $ 663   $ 11,971  
Earnings Per Share        
Basic earnings per share $ 0.01   $ 0.19  
Diluted earnings per share $ 0.01   $ 0.19