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Interim Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales:        
Net sales $ 231,614 $ 234,783 $ 655,146 $ 615,144
Cost of sales 174,105 179,343 501,435 474,288
Gross profit 57,509 55,440 153,711 140,856
Selling, general and administrative expenses 33,939 33,914 101,578 93,903
Income from operations 23,570 21,526 52,133 46,953
Interest expense (1,671) (1,497) (5,142) (2,780)
Interest income 27 41 120 137
Other income, net 895 421 2,243 1,048
Income before income taxes 22,821 20,491 49,354 45,358
Provision for income taxes 8,065 7,124 17,529 15,558
Net Income $ 14,756 $ 13,367 $ 31,825 $ 29,800
Net income per common share:        
Basic (in dollars per share) $ 1.30 $ 1.11 $ 2.81 $ 2.47
Diluted (in dollars per share) $ 1.28 $ 1.10 $ 2.77 $ 2.43
Average common shares:        
Basic (in shares) 11,380 12,050 11,337 12,077
Diluted (in shares) 11,496 12,206 11,477 12,251
Dividends declared (in dollars per share) $ 0.08000 $ 0.07000 $ 0.24000 $ 0.21000
North American Industrial        
Net sales:        
Net sales $ 127,385 $ 126,356 $ 362,818 $ 309,543
Income from operations 11,741 12,201 31,178 28,629
North American Agricultural        
Net sales:        
Net sales 58,919 58,872 160,357 163,315
Income from operations 7,778 4,594 12,292 9,384
European        
Net sales:        
Net sales 45,310 49,555 131,971 142,286
Income from operations $ 4,051 $ 4,731 $ 8,663 $ 8,940