| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
761,608 | 735,994 | 724,944 | 1,808,376 | 1,775,125 | 1,794,962 | 1,653,921 | 1,563,342 | 1,477,534 | 1,299,932 | 1,146,231 |
Cost of sales | ||||||||||
520,803 | 508,677 | 490,915 | 1,260,855 | 1,257,891 | 1,287,023 | 1,190,610 | 1,128,247 | 1,064,962 | 946,795 | 840,293 |
Gross profit | ||||||||||
240,805 | 227,317 | 234,029 | 547,521 | 517,234 | 507,939 | 463,311 | 435,095 | 412,572 | 353,137 | 305,938 |
Selling, general and administrative expenses | ||||||||||
177,187 | 172,271 | 169,683 | 443,704 | 411,547 | 397,199 | 357,752 | 343,396 | 324,722 | 289,019 | 264,337 |
Impairment of Intangible Assets, Finite-lived | ||||||||||
0 | 10,000 | 0 | 0 | - | - | - | - | - | - | - |
Costs of Transition Services Agreement | ||||||||||
4,700 | 0 | 0 | - | - | - | - | - | - | - | - |
Restructuring costs | ||||||||||
1,558 | 7,353 | 2,661 | 1,032 | 1,496 | - | - | - | - | - | - |
Gain (Loss) on Disposition of Business | ||||||||||
-3,739 | -5,722 | 0 | 0 | - | - | - | - | - | - | - |
Goodwill impairment | ||||||||||
- | - | - | - | - | - | 2,100 | 0 | 0 | 6,371 | 0 |
Net gain on sale of assets | ||||||||||
-237 | 1,031 | 31 | -11 | 328 | -233 | -142 | -110 | -269 | 448 | -4 |
Operating (loss) income | ||||||||||
53,411 | 32,963 | 61,716 | 102,774 | 104,519 | 110,507 | 103,346 | 91,589 | 87,581 | 58,195 | 41,597 |
Interest expense, net | ||||||||||
17,202 | 20,046 | 20,578 | 15,747 | 13,144 | 13,382 | 12,294 | 12,113 | 11,646 | 3,403 | 5,700 |
Income from transition services agreement | ||||||||||
3,700 | 0 | 0 | - | - | - | - | - | - | - | - |
Non-service pension and post retirement benefit cost (income) | ||||||||||
-396 | -12,127 | -3,056 | -3,149 | - | - | - | - | - | - | - |
Other expense (income), net | ||||||||||
309 | 92 | 728 | -472 | -3,386 | -623 | -398 | 219 | 339 | 1,075 | -1,232 |
(Loss) earnings from continuing operations before income taxes | ||||||||||
40,587 | 25,136 | 44,922 | 89,704 | 87,989 | 96,502 | 90,654 | 79,695 | 76,274 | 55,867 | 34,665 |
Income tax (benefit) expense | ||||||||||
-15,859 | 9,259 | 25,214 | 30,850 | 27,551 | 30,722 | 31,588 | 26,748 | 26,346 | 20,386 | 9,670 |
Earnings from continuing operations | ||||||||||
56,446 | 15,877 | 19,708 | - | - | 65,780 | 59,066 | 52,947 | 49,928 | 35,481 | - |
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax | ||||||||||
29,027 | 38,292 | 30,118 | - | - | -2,924 | -2,386 | 755 | 1,214 | 130 | - |
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | ||||||||||
124,356 | 0 | 0 | - | - | -4,984 | 420 | 1,323 | 0 | 0 | - |
Earnings from discontinued operations, net of tax | ||||||||||
153,383 | 38,292 | 30,118 | - | - | -7,908 | -1,966 | 2,078 | 1,214 | 130 | - |
Net Income (Loss) Attributable to Parent | ||||||||||
209,829 | 54,169 | 49,826 | 58,854 | 60,438 | 57,872 | 57,100 | 55,025 | 51,142 | 35,611 | 24,995 |
Earnings per share: | ||||||||||
Basic earnings per share from continuing operations | ||||||||||
2.02 | 0.57 | 0.71 | - | - | 2.43 | 2.21 | 2.00 | 1.90 | 1.37 | - |
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share | ||||||||||
5.49 | 1.37 | 1.09 | - | - | -0.11 | -0.09 | 0.03 | 0.05 | 0.00 | - |
Basic loss per share from disposal of discontinued operations (in dollars per share) | ||||||||||
- | - | - | - | - | -0.18 | 0.02 | 0.05 | 0.00 | 0.00 | - |
Basic earnings per share (in usd per share) | ||||||||||
7.51 | 1.94 | 1.80 | 2.17 | 2.22 | 2.14 | 2.14 | 2.08 | 1.95 | 1.37 | 0.97 |
Diluted earnings per share from continuing operations | ||||||||||
2.01 | 0.56 | 0.69 | - | - | 2.37 | 2.17 | 1.99 | 1.88 | 1.36 | - |
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic and Diluted Share | ||||||||||
5.46 | 1.36 | 1.06 | - | - | - | - | - | - | - | - |
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share | ||||||||||
- | - | - | - | - | -0.11 | -0.09 | 0.03 | 0.05 | 0.00 | - |
Diluted loss per share from disposal of discontinued operations (in dollars per share) | ||||||||||
- | - | - | - | - | -0.18 | 0.02 | 0.05 | 0.00 | 0.00 | - |
Diluted earnings per share (in usd per share) | ||||||||||
7.47 | 1.92 | 1.75 | 2.10 | 2.17 | 2.08 | 2.10 | 2.07 | 1.93 | 1.36 | 0.97 |
Average shares outstanding: | ||||||||||
Basic (in shares) | ||||||||||
27,936 | 27,945 | 27,611 | 27,107 | 27,177 | 27,053 | 26,744 | 26,425 | 26,246 | 25,928 | 25,648 |
Diluted (in shares) | ||||||||||
28,092 | 28,223 | 28,418 | 28,072 | 27,868 | 27,777 | 27,143 | 26,622 | 26,500 | 26,104 | 25,779 |
Dividends declared per share (in usd per share) | ||||||||||
- | - | - | - | 0.72 | 0.64 | 0.64 | 0.64 | 0.60 | 0.56 | 0.56 |