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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net sales:      
Net sales: $ 844,748 $ 879,577 $ 839,055
Cost of sales 639,649 677,129 649,827
Gross profit 205,099 202,448 189,228
Selling, general and administrative expenses 137,479 135,920 126,564
Income from operations 67,620 66,528 62,664
Interest expense (5,914) (6,724) (4,037)
Interest income 214 189 211
Other income 269 6,874 1,767
Income before income taxes 62,189 66,867 60,605
Provision for income taxes 22,144 23,658 19,454
Net income $ 40,045 $ 43,209 $ 41,151
Net income per common share:      
Basic (in dollars per share) $ 3.50 $ 3.81 $ 3.47
Diluted (in dollars per share) $ 3.46 $ 3.76 $ 3.42
Average common shares:      
Basic (in shares) 11,434 11,349 11,875
Diluted (in shares) 11,565 11,482 12,039
Industrial      
Net sales:      
Net sales: $ 484,088 $ 498,761 $ 436,018
Income from operations 35,984 42,194 39,377
Agricultural      
Net sales:      
Net sales: 205,834 208,257 214,326
Income from operations 20,720 17,295 11,714
European      
Net sales:      
Net sales: 154,826 172,559 188,711
Income from operations $ 10,916 $ 7,039 $ 11,573