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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net Sales $ 3,241,208 $ 3,523,926 $ 3,282,033
Cost of sales 1,754,489 2,026,321 1,885,620
Gross profit 1,486,719 1,497,605 1,396,413
Selling, general and administrative expenses 446,567 576,194 543,485
Engineering, research and development expenses 316,111 277,313 228,994
Amortization of intangible assets 190,119 214,477 143,953
Goodwill impairment 0 115,217 0
Gain on termination of alliance agreement 0 (184,754) 0
Operating income 533,922 499,158 479,981
Interest expense 215,217 312,378 212,669
Interest income (7,368) (11,257) (3,694)
Other expense, net 4,021 25,367 23,926
Income before income tax expense (benefit) 322,052 172,670 247,080
Income Tax Expense (Benefit) 28,332 (8,413) 38,160
Equity in net loss of affiliates 933 414 0
Net income $ 292,787 $ 180,669 $ 208,920
Earnings Per Share:      
Basic net income per common share $ 1.94 $ 1.21 $ 1.47
Diluted net income per common share $ 1.93 $ 1.20 $ 1.46
Weighted average shares outstanding      
Basic 150,946 149,900 142,294
Diluted 151,840 150,945 143,146