| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
955,097 | 859,634 | 796,392 | 763,520 | 719,168 | 740,055 | 762,704 | 767,140 | 725,077 | 713,723 | 694,739 |
Cost of sales | ||||||||||
430,382 | 390,524 | 365,351 | 355,190 | 337,466 | 335,998 | 350,287 | 361,297 | 350,143 | 348,339 | 357,407 |
Gross profit | ||||||||||
524,715 | 469,110 | 431,041 | 408,330 | 381,702 | 404,057 | 412,417 | 405,843 | 374,934 | 365,384 | 337,332 |
Selling and administrative expense | ||||||||||
400,141 | 355,617 | 351,799 | 338,400 | 303,091 | 323,492 | 330,078 | 302,469 | 276,615 | 276,463 | 266,310 |
Research and development expense | ||||||||||
45,460 | 42,188 | 32,307 | 32,254 | 27,436 | 27,779 | 25,831 | 28,214 | 28,651 | 29,652 | 31,837 |
Impairment of goodwill | ||||||||||
- | - | - | - | - | - | - | - | 60,302 | 0 | 0 |
Medical device excise tax | ||||||||||
- | - | - | - | - | - | - | 0 | 0 | - | - |
Operating expenses | ||||||||||
445,601 | 397,805 | 384,106 | 370,654 | 330,527 | 351,271 | 355,909 | 340,633 | 366,660 | 308,291 | 309,063 |
Income from operations | ||||||||||
79,114 | 71,305 | 46,935 | 37,676 | 51,175 | 52,786 | 56,508 | 65,210 | 8,274 | 57,093 | 28,269 |
Loss on early extinguishment of debt | ||||||||||
- | - | - | - | - | - | -300 | 0 | 0 | -79 | 1,083 |
Amortization of debt discount | ||||||||||
- | - | - | - | - | - | - | - | 3,903 | 4,244 | 4,111 |
Interest expense | ||||||||||
42,701 | 20,652 | 18,203 | 15,359 | 6,031 | 6,111 | 5,613 | 5,730 | 6,676 | 7,113 | 7,086 |
Other expense | ||||||||||
5,188 | 0 | 0 | 2,942 | 0 | 0 | - | 9,950 | 1,092 | 2,176 | 10,916 |
Income (loss) before income taxes | ||||||||||
31,225 | 50,653 | 28,732 | 19,375 | 45,144 | 46,675 | 50,632 | 59,480 | -2,305 | 45,657 | 18,155 |
Benefit from income taxes | ||||||||||
2,605 | 9,799 | -26,755 | 4,711 | 14,646 | 14,483 | 14,693 | 18,999 | -3,057 | 15,311 | 6,018 |
Net Income (Loss) Attributable to Parent | ||||||||||
28,620 | 40,854 | 55,487 | 14,664 | 30,498 | 32,192 | 35,939 | 40,481 | 752 | 30,346 | 12,137 |
Dividends per share of common stock (in dollars per share) | ||||||||||
- | - | - | - | 0.80 | 0.80 | 0.65 | 0.60 | 0.00 | 0.00 | - |
Other comprehensive income (loss), before tax: | ||||||||||
Foreign currency translation adjustments | ||||||||||
25 | -8,369 | 13,879 | -4,501 | -16,775 | -15,069 | -1,193 | 1,995 | -1,937 | 65 | - |
Pension liability | ||||||||||
-35 | 885 | -1,023 | 755 | -7,578 | 18,781 | -18,175 | -1,387 | 20,250 | 3,489 | - |
Cash flow hedging gain (loss) | ||||||||||
-4,736 | 10,985 | -8,051 | 547 | -3,291 | 7,393 | -404 | -6,507 | 6,690 | -2,096 | - |
Other comprehensive income, before tax | ||||||||||
23,944 | 42,585 | 62,338 | 9,955 | 18,010 | 5,735 | 52,517 | 37,356 | -14,745 | 24,826 | - |
Provision (benefit) for income taxes related to items in other comprehensive income | ||||||||||
-1,136 | 2,441 | -2,597 | -77 | 1,584 | -4,207 | 6,569 | -1,892 | -5,010 | -2,064 | - |
Comprehensive income | ||||||||||
25,080 | 40,144 | 64,935 | 10,032 | 16,426 | 9,942 | 45,948 | 39,248 | -9,735 | 26,890 | - |
Earnings Per Share [Abstract] | ||||||||||
Basic (in dollars per share) | ||||||||||
1.01 | 1.45 | 1.99 | 0.53 | 1.10 | 1.17 | 1.30 | 1.43 | 0.03 | 1.06 | 0.42 |
Diluted (in dollars per share) | ||||||||||
0.97 | 1.41 | 1.97 | 0.52 | 1.09 | 1.16 | 1.28 | 1.41 | 0.03 | 1.05 | 0.42 |