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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Consolidated Statements of Operations    
Sales, net $ 351,620 $ 315,456
Cost of sales 214,117 203,225
Gross profit 137,503 112,231
Operating expenses:    
Research and development 40,168 34,770
Selling, general, and administrative 46,731 45,991
Amortization of intangible assets 5,384 5,006
Restructuring expense 1,038 656
Total operating expenses 93,321 86,423
Operating income 44,182 25,808
Other income (expense), net (507) (3,510)
Income from continuing operations, before income taxes 43,675 22,298
Provision for income taxes 5,284 3,900
Income from continuing operations 38,391 18,398
Income (loss) from discontinued operations, net of income taxes 310 (320)
Net income 38,701 18,078
Income from continuing operations attributable to noncontrolling interest 33 15
Net income attributable to Advanced Energy Industries, Inc. $ 38,668 $ 18,063
Basic weighted-average common shares outstanding 38,328 38,358
Diluted weighted-average common shares outstanding 38,583 38,570
Earnings per share:    
Continuing operations: Basic earnings per share $ 1.00 $ 0.48
Continuing operations: Diluted earnings per share 0.99 0.48
Discontinued operations: Basic earnings (loss) per share 0.01 (0.01)
Discontinued operations: Diluted earnings (loss) per share 0.01 (0.01)
Net income:    
Basic earnings per share 1.01 0.47
Diluted earnings per share $ 1.00 $ 0.47