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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]        
Net sales [1] $ 286,636 $ 312,729 $ 548,462 $ 595,107
Cost of sales 205,347 222,063 394,584 420,331
Gross profit 81,289 90,666 153,878 174,776
Selling, general and administrative expenses 57,750 60,346 115,467 117,763
Restructuring and integration expenses 231 1,235 3,067 2,782
Other income, net 42 314 313 630
Operating income 23,350 29,399 35,657 54,861
Other non-operating income, net 480 1,010 449 1,890
Interest expense 1,251 722 1,883 1,190
Earnings from continuing operations before taxes 22,579 29,687 34,223 55,561
Provision for income taxes 5,752 11,426 8,799 20,933
Earnings from continuing operations 16,827 18,261 25,424 34,628
Loss from discontinued operations, net of income taxes (882) (497) (1,490) (1,130)
Net earnings $ 15,945 $ 17,764 $ 23,934 $ 33,498
Net earnings per common share - Basic:        
Earnings from continuing operations (in dollars per share) $ 0.75 $ 0.80 $ 1.13 $ 1.52
Discontinued operations (in dollars per share) (0.04) (0.02) (0.07) (0.05)
Net earnings per common share - Basic (in dollars per share) 0.71 0.78 1.06 1.47
Net earnings per common share - Diluted:        
Earnings from continuing operations (in dollars per share) 0.73 0.78 1.11 1.48
Discontinued operations (in dollars per share) (0.04) (0.02) (0.07) (0.04)
Net earnings per common share - Diluted (in dollars per share) 0.69 0.76 1.04 1.44
Dividend declared per share (in dollars per share) $ 0.21 $ 0.19 $ 0.42 $ 0.38
Average number of common shares (in shares) 22,471,428 22,820,079 22,484,894 22,833,263
Average number of common shares and dilutive common shares (in shares) 22,958,469 23,329,082 22,962,049 23,332,480
[1] Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.