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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Sales, net:      
Total sales, net $ 1,415,826 $ 788,948 $ 718,892
Cost of sales:      
Total cost of sales 873,957 473,296 353,285
Gross profit 541,869 315,652 365,607
Operating expenses:      
Research and development 143,961 101,503 76,008
Selling, general and administrative 188,590 142,555 108,033
Amortization of intangible assets 20,129 12,168 5,774
Restructuring expense 13,166 5,038 4,239
Total operating expenses 365,846 261,264 194,054
Operating income 176,023 54,388 171,553
Other income (expense), net (17,876) 12,806 823
Income from continuing operations, before income taxes 158,147 67,194 172,376
Provision for income taxes 22,996 10,699 25,227
Income from continuing operations 135,151 56,495 147,149
Income (loss) from discontinued operations, net of income taxes (421) 8,480 (38)
Net income 134,730 64,975 147,111
Income from continuing operations attributable to noncontrolling interest 55 34 86
Net income attributable to Advanced Energy Industries, Inc. $ 134,675 $ 64,941 $ 147,025
Basic weighted-average common shares outstanding 38,314 38,281 39,081
Diluted weighted-average common shares outstanding 38,542 38,495 39,352
Earnings per share:      
Continuing operations: Basic earnings per share $ 3.53 $ 1.47 $ 3.76
Continuing operations: Diluted earnings per share 3.51 1.47 3.74
Discontinued operations: Basic earnings (loss) per share (0.01) 0.22  
Discontinued operations: Diluted earnings (loss) per share (0.01) 0.22  
Net income:      
Basic earnings per share 3.52 1.70 3.76
Diluted earnings per share $ 3.50 $ 1.69 $ 3.74
Product [Member]      
Sales, net:      
Total sales, net $ 1,296,867 $ 678,061 $ 610,326
Cost of sales:      
Total cost of sales 816,329 416,976 298,597
Services [Member]      
Sales, net:      
Total sales, net 118,959 110,887 108,566
Cost of sales:      
Total cost of sales $ 57,628 $ 56,320 $ 54,688