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Consolidated Statements of Comprehensive Income (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net sales $ 1,485,765 $ 1,176,306 $ 791,976
Costs of goods sold 916,205 735,906 497,322
Gross profit 569,560 440,400 294,654
Operating expenses:      
Selling and service 107,515 101,448 77,776
Research and development 29,271 23,499 16,476
General and administrative 55,490 46,031 30,012
Amortization of intangibles 25,819 45,867 48,020
Trade name write-down 0 0 9,389
Total operating expenses 218,095 216,845 181,673
Income from operations 351,465 223,555 112,981
Other (expense) income:      
Interest expense (54,435) (49,114) (23,718)
Loss on extinguishment of debt (15,336) (14,308) (377)
Investment income 91 79 110
Costs related to acquisition (1,086) (1,062) (875)
Other, net (1,983) (2,798) (1,155)
Total other expense, net (72,749) (67,203) (26,015)
Income before provision for income taxes 278,716 156,352 86,966
Provision (benefit) for income taxes 104,177 63,129 (237,677)
Net income 174,539 93,223 324,643
Net income per common share - basic: (in dollars per share) $ 2.56 $ 1.38 $ 4.84
Weighted average common shares outstanding - basic: (in shares) 68,081,632 67,360,632 67,130,356
Net income per common share - diluted: (in dollars per share) $ 2.51 $ 1.35 $ 4.79
Weighted average common shares outstanding - diluted: (in shares) 69,667,529 69,193,138 67,797,371
Dividends declared per share (in dollars per share) $ 5.00 $ 6.00 $ 0
Other comprehensive income (loss):      
Amortization of unrealized loss on interest rate swaps 2,381 2,082 0
Foreign currency translation adjustment 1,238 (34) 0
Net unrealized gain (loss) on derivatives 774 365 (683)
Pension liability adjustment 7,688 (1,552) (4,922)
Other comprehensive income (loss) 12,081 861 (5,605)
Comprehensive income $ 186,620 $ 94,084 $ 319,038