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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Net sales $ 219,867 $ 199,523
Cost of sales 119,711 107,000
Gross profit 100,156 92,523
Operating expenses:    
Research and development and other engineering 13,108 11,423
Selling 29,483 25,187
General and administrative 34,986 29,298
Net gain on disposal of assets (51) (26)
Total operating expenses 77,526 65,882
Income from operations 22,630 26,641
Loss in equity method investment, before tax (28) 0
Interest expense, net (189) (235)
Gain on bargain purchase of a business 8,388 0
Income before taxes 30,801 26,406
Provision for income taxes 7,680 10,063
Net income $ 23,121 $ 16,343
Earnings per common share:    
Basic (in dollars per share) $ 0.49 $ 0.34
Diluted (in dollars per share) $ 0.48 $ 0.34
Number of shares outstanding    
Basic (in shares) 47,616 48,297
Diluted (in shares) 47,906 48,450
Cash dividends declared per common share (in dollars per share) $ 0.18 $ 0.16