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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]    
Net sales [1] $ 276,553 $ 254,302
Cost of sales 192,769 183,907
Gross profit 83,784 70,395
Selling, general and administrative expenses 54,460 55,873
Restructuring and integration expenses 0 205
Other income, net 0 6
Operating income 29,324 14,323
Other non-operating income (expense), net 635 (524)
Interest expense 209 873
Earnings from continuing operations before taxes 29,750 12,926
Provision for income taxes 7,586 3,305
Earnings from continuing operations 22,164 9,621
Loss from discontinued operations, net of income taxes (1,164) (994)
Net earnings $ 21,000 $ 8,627
Net earnings per common share - Basic:    
Earnings from continuing operations (in dollars per share) $ 0.99 $ 0.43
Discontinued operations (in dollars per share) (0.05) (0.05)
Net earnings per common share - Basic (in dollars per share) 0.94 0.38
Net earnings per common share - Diluted:    
Earnings from continuing operations (in dollars per share) 0.97 0.42
Discontinued operations (in dollars per share) (0.05) (0.04)
Net earnings per common share - Diluted (in dollars per share) 0.92 0.38
Dividends declared per share (in dollars per share) $ 0.25 $ 0.25
Average number of common shares (in shares) 22,317,959 22,438,087
Average number of common shares and dilutive common shares (in shares) 22,765,508 22,868,975
[1] Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.