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Consolidated Statements of Earnings - Unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 115,651 $ 118,859 $ 353,959 $ 350,410
Cost of goods sold 78,594 76,777 235,084 228,082
Gross Margin 37,057 42,082 118,875 122,328
Selling, general and administrative expenses 17,774 18,450 52,371 55,441
Research and development expenses 6,806 6,517 19,854 19,500
Restructuring charges 2,342 997 5,337 3,364
(Loss) Gain on Disposition of Property Plant Equipment (11) 0 111 (2)
Operating earnings 10,124 16,118 41,424 44,021
Other income (expense):        
Interest expense (812) (489) (1,745) (1,601)
Interest income 524 413 1,396 1,367
Other expense, net (2,636) (1,687) (3,646) (2,557)
Total other expense, net (2,924) (1,763) (3,995) (2,791)
Earnings before income taxes 7,200 14,355 37,429 41,230
Income tax expense 4,478 4,144 11,345 12,262
Net earnings $ 2,722 $ 10,211 $ 26,084 $ 28,968
Earnings per share:        
Basic (in dollars per share) $ 0.08 $ 0.31 $ 0.80 $ 0.88
Diluted (in dollars per share) $ 0.08 $ 0.30 $ 0.79 $ 0.86
Basic weighted - average common shares outstanding (in shares): 32,642 33,087 32,748 33,038
Effect of dilutive securities (in shares) 425 562 417 542
Diluted weighted - average common shares outstanding (in shares) 33,067 33,649 33,165 33,580
Cash dividends declared per share (in dollars per share) $ 0.04 $ 0.04 $ 0.12 $ 0.12