| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue from Contract with Customer, Excluding Assessed Tax | ||||||||||
1,022,800 | 1,041,300 | 982,100 | 839,900 | 764,100 | 794,300 | 772,800 | 778,500 | 788,300 | 727,300 | 719,600 |
Cost of products sold | ||||||||||
732,800 | 762,800 | 698,700 | 582,000 | 539,700 | 575,500 | 520,100 | 519,000 | 545,300 | 532,100 | 531,800 |
Gross profit | ||||||||||
290,000 | 278,500 | 283,400 | 257,900 | 224,400 | 218,800 | 252,700 | 259,500 | 243,000 | 195,200 | 187,800 |
Selling expense | ||||||||||
33,700 | 35,700 | 33,300 | 25,300 | 22,200 | 22,000 | 20,900 | 21,900 | 21,400 | 19,200 | 19,400 |
Research and development expense | ||||||||||
13,500 | 15,200 | 17,800 | 17,500 | 14,000 | 15,700 | 15,300 | 9,900 | 9,200 | 8,500 | 8,000 |
General expense | ||||||||||
105,100 | 90,900 | 95,900 | 79,500 | 70,600 | 61,900 | 50,300 | 54,600 | 57,400 | 45,100 | 47,300 |
Total nonmanufacturing expenses | ||||||||||
152,300 | 141,800 | 147,000 | 122,300 | 106,800 | 99,600 | 86,500 | 86,400 | 88,000 | 72,800 | 74,700 |
Provision for losses on business tax credits | ||||||||||
- | - | - | - | - | - | - | - | 15,900 | 0 | - |
Valuation Allowance On Business Tax Credits | ||||||||||
- | - | - | - | - | - | - | - | - | - | 0 |
Restructuring and impairment expense | ||||||||||
3,700 | 1,700 | 8,100 | 25,600 | 14,600 | 13,100 | 41,300 | 21,400 | 14,000 | 11,600 | 23,900 |
Operating profit | ||||||||||
134,000 | 135,000 | 128,300 | 110,000 | 103,000 | 106,100 | 124,900 | 151,700 | 125,100 | 110,800 | 89,200 |
Interest expense | ||||||||||
36,100 | 28,200 | 26,900 | 16,600 | 9,700 | 7,200 | 2,900 | 3,300 | 2,300 | 1,700 | 4,300 |
Other income (expense), net | ||||||||||
-1,000 | 10,000 | 100 | 0 | 12,200 | 9,300 | 5,700 | 1,200 | -2,600 | 300 | -1,100 |
Income from continuing operations before income taxes and income from equity affiliates | ||||||||||
96,900 | 116,800 | 101,500 | 93,400 | 105,500 | 108,200 | 127,700 | 149,600 | 120,200 | 109,400 | 83,800 |
Provision for income taxes | ||||||||||
15,200 | 10,700 | 69,600 | 15,400 | 21,600 | 20,500 | 53,000 | 49,500 | 32,800 | 39,700 | 25,300 |
Loss from equity affiliates, net of income taxes | ||||||||||
4,100 | -11,300 | 2,500 | 4,800 | 6,600 | 2,000 | 3,800 | 4,000 | 4,700 | 3,200 | 1,100 |
Income from continuing operations | ||||||||||
85,800 | 94,800 | 34,400 | 82,800 | 90,500 | 89,700 | 78,500 | 104,100 | 92,100 | 72,900 | 59,600 |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ||||||||||
0 | -300 | 100 | 0 | -800 | 0 | -2,400 | -24,300 | 500 | -7,600 | -24,000 |
Net Income (Loss) Attributable to Parent | ||||||||||
85,800 | 94,500 | 34,500 | 82,800 | 89,700 | 89,700 | 76,100 | 79,800 | 92,600 | 65,300 | 35,600 |
Net income per share - basic: | ||||||||||
Income per share from continuing operations (in dollars per share) | ||||||||||
2.78 | 3.08 | 1.12 | 2.71 | 2.97 | 2.94 | 2.51 | 3.33 | 2.73 | 2.01 | 3.80 |
Loss per share from discontinued operations (in dollars per share) | ||||||||||
0.00 | -0.01 | 0.00 | 0.00 | -0.02 | 0.00 | -0.08 | -0.79 | 0.02 | -0.21 | -1.53 |
Net income per share - basic (in dollars per share) | ||||||||||
2.78 | 3.07 | 1.12 | 2.71 | 2.95 | 2.94 | 2.43 | 2.54 | 2.75 | 1.80 | 2.27 |
Net income per share – diluted: | ||||||||||
Income per share from continuing operations (in dollars per share) | ||||||||||
2.76 | 3.07 | 1.12 | 2.70 | 2.96 | 2.93 | 2.49 | 3.29 | 2.71 | 1.97 | 3.69 |
Loss per share from discontinued operations (in dollars per share) | ||||||||||
0.00 | -0.01 | 0.00 | 0.00 | -0.02 | 0.00 | -0.07 | -0.78 | 0.02 | -0.21 | -1.49 |
Net income per share - diluted (in dollars per share) | ||||||||||
2.76 | 3.06 | 1.12 | 2.70 | 2.94 | 2.93 | 2.42 | 2.51 | 2.73 | 1.76 | 2.20 |
Weighted average shares outstanding: | ||||||||||
Basic (in shares) | ||||||||||
30,652 | 30,551 | 30,407 | 30,310 | 30,251 | 30,238 | 31,056 | 30,986 | 33,230 | 35,373 | 15,550 |
Diluted (in shares) | ||||||||||
30,838 | 30,692 | 30,549 | 30,463 | 30,374 | 30,356 | 31,238 | 31,341 | 33,486 | 36,098 | 16,003 |