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Interim Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net sales:        
Total net sales $ 419,644 $ 368,793 $ 1,272,109 $ 1,127,012
Cost of sales 305,501 276,428 927,385 848,289
Gross profit 114,143 92,365 344,724 278,723
Selling, general and administrative expenses 60,564 52,723 180,090 161,367
Amortization expense 3,826 3,802 11,465 11,481
Income from operations 49,753 35,840 153,169 105,875
Interest expense (6,729) (3,734) (19,506) (9,570)
Interest income 385 93 1,125 222
Other income (expense), net 138 1,413 94 (473)
Income before income taxes 43,547 33,612 134,882 96,054
Provision for income taxes 8,632 7,791 30,244 23,291
Net Income $ 34,915 $ 25,821 $ 104,638 $ 72,763
Net income per common share:        
Basic (in dollars per share) $ 2.93 $ 2.18 $ 8.78 $ 6.13
Diluted (in dollars per share) $ 2.91 $ 2.16 $ 8.73 $ 6.10
Average common shares:        
Basic (in shares) 11,928 11,883 11,916 11,875
Diluted (in shares) 11,996 11,941 11,983 11,932
Dividends declared (in dollars per share) $ 0.22 $ 0.18 $ 0.66 $ 0.54
Vegetation Management        
Net sales:        
Total net sales $ 246,902 $ 228,511 $ 764,683 $ 704,520
Income from operations 30,251 27,130 102,320 78,261
Industrial Equipment        
Net sales:        
Total net sales 172,742 140,282 507,426 422,492
Income from operations $ 19,502 $ 8,710 $ 50,849 $ 27,614