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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Consolidated Statements of Operations      
Sales, net $ 1,845,422 $ 1,455,954 $ 1,415,826
Cost of sales 1,169,916 923,632 873,957
Gross profit 675,506 532,322 541,869
Operating expenses:      
Research and development 191,020 161,831 143,961
Selling, general, and administrative 218,463 191,998 188,590
Amortization of intangible assets 26,114 22,060 20,129
Restructuring 6,814 4,752 13,166
Total operating expenses 442,411 380,641 365,846
Operating income 233,095 151,681 176,023
Other income (expense), net 8,646 (2,970) (17,876)
Income from continuing operations, before income taxes 241,741 148,711 158,147
Provision for income taxes 39,850 14,004 22,996
Income from continuing operations 201,891 134,707 135,151
Income (loss) from discontinued operations, net of income taxes (2,215) 73 (421)
Net income 199,676 134,780 134,730
Income from continuing operations attributable to noncontrolling interest 16 44 55
Net income attributable to Advanced Energy Industries, Inc. $ 199,660 $ 134,736 $ 134,675
Basic weighted-average common shares outstanding 37,463 38,143 38,314
Diluted weighted-average common shares outstanding 37,721 38,355 38,542
Earnings per share:      
Continuing operations: Basic earnings per share $ 5.39 $ 3.53 $ 3.53
Continuing operations: Diluted earnings per share 5.35 3.51 3.51
Discontinued operations: Basic earnings (loss) per share (0.06)   (0.01)
Discontinued operations: Diluted earnings (loss) per share (0.06)   (0.01)
Net income:      
Basic earnings per share 5.33 3.53 3.52
Diluted earnings per share $ 5.29 $ 3.51 $ 3.50