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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]        
Net sales [1] $ 296,619 $ 281,058 $ 845,081 $ 876,165
Cost of sales 209,313 198,523 603,897 618,854
Gross profit 87,306 82,535 241,184 257,311
Selling, general and administrative expenses 60,137 54,963 175,604 172,726
Restructuring and integration expenses 6 1,132 3,073 3,914
Other income, net 15 316 328 946
Operating income 27,178 26,756 62,835 81,617
Other non-operating income, net 351 482 800 2,372
Interest expense 1,254 595 3,137 1,785
Earnings from continuing operations before taxes 26,275 26,643 60,498 82,204
Provision for income taxes 7,002 9,535 15,801 30,468
Earnings from continuing operations 19,273 17,108 44,697 51,736
Loss from discontinued operations, net of income taxes (3,524) (3,983) (5,014) (5,113)
Net earnings $ 15,749 $ 13,125 $ 39,683 $ 46,623
Net earnings per common share - Basic:        
Earnings from continuing operations (in dollars per share) $ 0.86 $ 0.75 $ 1.99 $ 2.27
Discontinued operations (in dollars per share) (0.16) (0.17) (0.22) (0.22)
Net earnings per common share - Basic (in dollars per share) 0.70 0.58 1.77 2.05
Net earnings per common share - Diluted:        
Earnings from continuing operations (in dollars per share) 0.84 0.74 1.95 2.22
Discontinued operations (in dollars per share) (0.15) (0.17) (0.22) (0.22)
Net earnings per common share - Diluted (in dollars per share) 0.69 0.57 1.73 2.00
Dividend declared per share (in dollars per share) $ 0.21 $ 0.19 $ 0.63 $ 0.57
Average number of common shares (in shares) 22,424,962 22,660,157 22,464,697 22,774,927
Average number of common shares and dilutive common shares (in shares) 22,938,925 23,174,700 22,954,649 23,287,052
[1] Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.