Teledyne FLIR (FLIR) 10-Q 6 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information Document and Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 30, 2015
Document and Entity [Abstract]
Entity Registrant Name	FLIR SYSTEMS INC
Entity Central Index Key	354908
Trading Symbol	FLIR
Current Fiscal Year End Date	-19
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding		140,124,557

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Revenue	$344,517	$351,542
Cost of goods sold	168,620	183,010
Gross profit	175,897	168,532
Operating expenses:
Research and development	34,694	36,326
Selling, general and administrative	75,135	81,942
Restructuring expenses	314	7,813
Total operating expenses	110,143	126,081
Earnings from operations	65,754	42,451
Interest expense	3,661	3,708
Interest income	-247	-264
Other income, net	-700	-198
Earnings before income taxes	63,040	39,205
Income tax provision	15,130	9,311
Net earnings	$47,910	$29,894
Earnings per share:
Basic	$0.34	$0.21
Diluted	$0.34	$0.21
Weighted average shares outstanding:
Basic	139,768	140,932
Diluted	141,472	143,828

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net earnings	$47,910	$29,894
Other comprehensive loss, net of tax:
Cash flow hedges	-604	-226
Foreign currency translation adjustments	-65,964	-1,912
Total other comprehensive loss	-66,568	-2,138
Comprehensive (loss) income	($18,658)	$27,756

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$547,780	$531,374
Accounts receivable, net	311,787	354,658
Inventories	340,300	320,605
Prepaid expenses and other current assets	83,165	93,691
Deferred income taxes, net	38,394	38,873
Total current assets	1,321,426	1,339,201
Property and equipment, net	249,002	247,094
Deferred income taxes, net	20,278	19,941
Goodwill	536,780	553,335
Intangible assets, net	125,818	133,212
Other assets	59,054	61,240
Total assets	2,312,358	2,354,023
Current liabilities:
Accounts payable	106,120	98,173
Deferred revenue	27,439	27,878
Accrued payroll and related liabilities	48,478	62,065
Accrued product warranties	13,199	13,538
Advance payments from customers	30,746	28,276
Accrued expenses	48,050	51,810
Accrued income taxes	2,298	4,586
Other current liabilities	3,212	8,231
Current portion, long term debt	15,000	15,000
Total current liabilities	294,542	309,557
Long-term debt	354,351	357,986
Deferred income taxes	13,486	13,905
Accrued income taxes	11,242	11,096
Other long-term liabilities	52,919	51,706
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.01 par value, 10,000 shares authorized; no shares issued at March 31, 2015, and December 31, 2014	0	0
Common stock, $0.01 par value, 500,000 shares authorized, 139,891 and 139,579 shares issued at March 31, 2015, and December 31, 2014, respectively, and additional paid-in capital	11,476	1,396
Retained earnings	1,704,319	1,671,786
Accumulated other comprehensive loss	-129,977	-63,409
Total shareholders’ equity	1,585,818	1,609,773
Total liabilities and shareholders' equity	$2,312,358	$2,354,023

CONSOLIDATED_BALANCE_SHEETS_CO

CONSOLIDATED BALANCE SHEETS CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Per Share data, unless otherwise specified
Statement of Financial Position [Abstract]
Preferred Stock, Par Value	$0.01	$0.01
Preferred Stock, Shares Authorized	10,000	10,000
Preferred Stock, Shares Issued	0	0
Common Stock, Par Value	$0.01	$0.01
Common Stock, Shares Authorized	500,000	500,000
Common Stock, Shares, Issued	139,891	139,579

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
CASH PROVIDED BY OPERATING ACTIVITIES:
Net earnings	$47,910	$29,894
Income items not affecting cash:
Depreciation and amortization	12,489	16,470
Deferred income taxes	96	1,507
Stock-based compensation arrangements	4,757	8,756
Other non-cash items	-3,303	-1,490
Changes in operating assets and liabilities:
Decrease in accounts receivable, net	35,621	15,452
(Increase) decrease in inventories	-27,000	5,424
Decrease in prepaid expenses and other current assets	4,966	422
Decrease (increase) in other assets	364	-10,729
Increase in accounts payable	9,808	6,527
Increase (decrease) in deferred revenue	11	-4,431
Decrease in accrued payroll and other current liabilities	-14,538	-8,020
Increase (decrease) in accrued income taxes	1,802	-1,097
Increase in other long-term liabilities	1,944	1,140
Cash provided by operating activities	74,927	59,825
CASH USED BY INVESTING ACTIVITIES:
Additions to property and equipment, net	-13,139	-9,590
Cash used by investing activities	-13,139	-9,590
CASH USED BY FINANCING ACTIVITIES:
Repayments of long term debt, net	-3,750	-3,750
Repurchase of common stock	0	-1,766
Dividends paid	-15,377	-14,085
Proceeds from shares issued pursuant to stock-based compensation plans	4,414	8,876
Excess tax benefit of stock options exercised	779	2,698
Other financing activities	-7	252
Cash used by financing activities	-13,941	-7,775
Effect of exchange rate changes on cash	-31,441	-841
Net increase in cash and cash equivalents	16,406	41,619
Cash and cash equivalents, beginning of period	531,374	542,476
Cash and cash equivalents, end of period	$547,780	$584,095

Basis_of_Presenation

Basis of Presenation	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation
	The accompanying consolidated financial statements of FLIR Systems, Inc. and its consolidated subsidiaries (the “Company”) are unaudited and have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission. In the opinion of management, these statements have been prepared on the same basis as the audited consolidated financial statements and include all adjustments, consisting of only normal recurring adjustments, necessary for a fair presentation of the Company’s consolidated financial position and results of operations for the interim periods. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States have been condensed or omitted pursuant to such rules and regulations. These consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014.
	The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated. The results of operations for the interim periods presented are not necessarily indicative of the operating results to be expected for any subsequent interim period or for the year ending December 31, 2015.

Stockbased_Compensation

Stock-based Compensation	3 Months Ended
	Mar. 31, 2015
Share-based Compensation [Abstract]
Stock-based Compensation	Stock-based Compensation
	Stock Incentive Plans
	The Company has a stock-based compensation program that provides equity incentives for employees, consultants and directors. This program includes incentive and non-statutory stock options and nonvested stock awards (referred to as restricted stock unit awards) administered by the Compensation Committee of the Board of Directors.
	Under the stock-based compensation program, the Company has granted time-based options, performance-based options, time-based restricted stock unit awards, performance-based restricted stock unit awards and market-based restricted stock unit awards. The vesting of performance-based options and restricted stock unit awards is contingent upon the Company meeting certain diluted earnings per share growth targets and occurs primarily in three independent tranches over a three year period. The vesting of each tranche is not dependent on the other tranches. Options generally expire ten years from their grant dates. Time-based options and restricted stock unit awards generally vest over a three year period. Market-based restricted stock unit awards may be earned based upon the Company's total shareholder return compared to the total shareholder return of the S&P 500 Index over a three year period.
	Employee Stock Purchase Plan
	The Company has an Employee Stock Purchase Plan (the “ESPP”) which allows employees to purchase shares of the Company’s common stock at 85 percent of the lower of the fair market value at the date of enrollment or the fair market value at the purchase date. The ESPP provides for six-month offerings commencing on May 1 and November 1 of each year with purchases on April 30 and October 31 of each year. Shares purchased under the ESPP must be held by the purchasing plan participant for a period of at least 18 months after the date of purchase.
	Note 2.	Stock-based Compensation - (Continued)
	Stock-based Compensation Expense
	Stock-based compensation expense recognized in the Consolidated Statements of Income are as follows (in thousands):
		Three Months Ended
		March 31,
		2015		2014
	Cost of goods sold	$	718	$	653
	Research and development	1,140		1,199
	Selling, general and administrative	2,899		4,309
	Restructuring expenses	—		2,595
	Stock-based compensation expense	$	4,757	$	8,756
	Stock-based compensation costs capitalized in inventory are as follows (in thousands):
		March 31,
		2015		2014
	Capitalized in inventory	$	782	$	729
	As of March 31, 2015, the Company had $27.6 million of total unrecognized stock-based compensation costs, net of estimated forfeitures, to be recognized over a weighted average period of 1.7 years.

Net_Earnings_Per_Share

Net Earnings Per Share	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Net Earnings Per Share	Net Earnings Per Share
	The following table sets forth the reconciliation of the numerator and denominator utilized in the computation of basic and diluted earnings per share (in thousands):
		Three Months Ended
		March 31,
		2015		2014
	Numerator for earnings per share:
	Net earnings for basic and diluted earnings per share	$	47,910	$	29,894
	Denominator for earnings per share:
	Weighted average number of common shares outstanding	139,768		140,932
	Assumed exercises of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method	1,704		2,896
	Weighted average diluted shares outstanding	141,472		143,828
	For the three months ended March 31, 2015 and 2014, stock-based compensation awards which aggregated 248,000 and 100,000 shares, respectively, have been excluded for purposes of calculating diluted earnings per share since their inclusion would have had an anti-dilutive effect.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	Factors used in determining the fair value of our financial assets and liabilities are summarized into three broad categories in accordance with FASB ASC Topic 820, “Fair Value Measurements and Disclosures”:
	Level 1 – quoted prices in active markets for identical securities as of the reporting date;
	Level 2 – other significant directly or indirectly observable inputs, including quoted prices for similar securities, interest rates, prepayment speeds and credit risk; and
	Level 3 – significant inputs that are generally less observable than objective sources, including our own assumptions in determining fair value.
	The factors and methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
	The Company had $29.9 million and $29.8 million of cash equivalents at March 31, 2015 and December 31, 2014, respectively, which were primarily investments in money market funds. The Company has categorized its cash equivalents as a Level 1 financial asset, measured at fair value based on quoted prices in active markets of identical assets. The fair values of the Company’s foreign currency forward contracts and interest rate swap contracts as of March 31, 2015 and December 31, 2014 are disclosed in Note 5, "Derivative Financial Instruments," of the Notes to the Consolidated Financial Statements below and are based on Level 2 inputs. The fair value of the Company’s senior unsecured notes as described in Note 13, "Long-Term Debt," of the Notes to the Consolidated Financial Statements is approximately $257.8 million based upon Level 2 inputs at March 31, 2015. The fair value of the Company's term loan, also described in Note 13, approximates the carrying value due to the variable market rate used to calculate interest payments. The Company does not have any other significant financial assets or liabilities that are measured at fair value.

Derivative_Financial_Instrumen

Derivative Financial Instruments	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Derivative Financial Instruments
	Foreign Currency Exchange Rate Contracts
	In general, the gains and losses related to the Company's foreign currency exchange rate contracts recorded in other income, net are offset by the reciprocal gains and losses from the underlying assets or liabilities which originally gave rise to the exposure. The net losses from these contracts for the three months ended March 31, 2015 and 2014 were $4.0 million and $2.0 million, respectively.
	The following table provides volume information about the Company's foreign currency exchange rate contracts. The table below presents the net notional amounts of the Company's outstanding foreign currency forward contracts in United States dollar equivalent amounts (in thousands):
		March 31,			December 31,
		2015			2014
	Swedish kronor	$	62,499		$	67,809
	Canadian dollar	20,602			17,446
	British pound sterling	17,644			14,928
	Euro	6,498			5,391
	Australian dollar	3,098			6,566
	Japanese yen	3,572			3,718
	Other	6,340			3,150
		$	120,253		$	119,008
	At March 31, 2015, the Company’s foreign currency forward contracts, in general, had maturities of three months or less.
	Note 5.	Derivative Financial Instruments - (Continued)
	Foreign Currency Exchange Rate Contracts - (Continued)
	The carrying amount of the foreign currency forward contracts included in the Consolidated Balance Sheets are as follows (in thousands):
		March 31, 2015						December 31, 2014
		Other current assets			Other current liabilities			Other current assets			Other current liabilities
	Foreign currency forward contracts	$	261		$	2,348		$	112		$	3,247
	Interest Rate Swap Contracts
	At March 31, 2015, the effective interest rate on the Company's term loan was 2.49 percent. As of March 31, 2015, the following interest rate swaps were outstanding:
	Contract Date		Notional Amount			Fixed Rate		Effective Date		Maturity Date
			(in millions)
	15-Mar-13		$	60		1.02	%	5-Apr-13		31-Mar-19
	March 29, 2013		$	60		0.97	%	5-Apr-13		31-Mar-19
	The net fair value carrying amount of the Company's interest rate swaps was $0.3 million, of which $1.1 million and $0.8 million have been recorded to other assets and other current liabilities, respectively, in the Consolidated Balance Sheet as of March 31, 2015.

Accounts_Receivable

Accounts Receivable	3 Months Ended
	Mar. 31, 2015
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Accounts Receivable	Accounts Receivable
	Accounts receivable are net of an allowance for doubtful accounts of $7.4 million at March 31, 2015 and $8.0 million at December 31, 2014.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories
	Inventories consist of the following (in thousands):
		March 31,		December 31,
		2015		2014
	Raw material and subassemblies	$	185,975	$	181,618
	Work-in-progress	48,593		37,139
	Finished goods	105,732		101,848
		$	340,300	$	320,605

Property_and_Equipment

Property and Equipment	3 Months Ended
	Mar. 31, 2015
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment
	Property and equipment are net of accumulated depreciation of $240.6 million and $248.2 million at March 31, 2015 and December 31, 2014, respectively. Property and equipment, net, as of March 31, 2015, includes land and a building valued at approximately $2.5 million that are held for sale.

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2015
Disclosure - Goodwill - Additional Information [Abstract]
Goodwill	Goodwill
	The carrying value of goodwill and the activity for the three months ended March 31, 2015 are as follows (in thousands):
	Balance, December 31, 2014	$	553,335
	Currency translation adjustments	(16,555		)
	Balance, March 31, 2015	$	536,780
	See Note 17, "Operating Segments and Related Information - Operating Segments" of the Notes to the Consolidated Financial Statements for additional information on the carrying value of goodwill by operating segment for the three months ended March 31, 2015.

Intangible_Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets	Intangible Assets
	Intangible assets are net of accumulated amortization of $78.7 million and $75.1 million at March 31, 2015 and December 31, 2014, respectively.

Credit_Agreements

Credit Agreements	3 Months Ended
	Mar. 31, 2015
Line of Credit Facility [Abstract]
Credit Agreements	Credit Agreement
	At March 31, 2015, the Company had no borrowings outstanding under its revolving credit facility pursuant to the Credit Agreement, dated February 8, 2011, with Bank of America, N.A., U.S. Bank National Association, JPMorgan Chase Bank N.A. and other lenders, as amended on April 5, 2013, and had $38.9 million of letters of credit outstanding, which reduced the total available credit under the revolving credit facility to $161.1 million.

Accrued_Product_Warranties

Accrued Product Warranties	3 Months Ended
	Mar. 31, 2015
Product Warranties Disclosures [Abstract]
Accrued Product Warranties	Accrued Product Warranties
	The following table summarizes the Company’s accrued product warranties and activity (in thousands):
		Three Months Ended March 31,
		2015			2014
	Accrued product warranties, beginning of period	$	16,175		$	17,732
	Amounts paid for warranty services	(1,952		)	(2,687		)
	Warranty provisions for products sold	1,917			1,970
	Currency translation adjustments and other	(300		)	(303		)
	Accrued product warranties, end of period	$	15,840		$	16,712
	Current accrued product warranties, end of period	$	13,199		$	13,751
	Long-term accrued product warranties, end of period	$	2,641		$	2,961

LongTerm_Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Long-Term Debt	Long-Term Debt
	Long-term debt consists of the following (in thousands):
		March 31,			December 31,
		2015			2014
	Unsecured notes	$	250,000		$	250,000
	Term loan	120,000			123,750
	Unamortized discounts and issuance costs of unsecured notes	(649		)	(764		)
		$	369,351		$	372,986
	Current portion, long-term debt	$	15,000		$	15,000
	Long-term debt	$	354,351		$	357,986
	In August 2011, the Company issued $250 million aggregate principal amount of its 3.75 percent senior unsecured notes due September 1, 2016 (the “Notes”). The net proceeds from the issuance of the Notes were approximately $247.7 million, after deducting underwriting discounts and offering expenses, which are being amortized over a period of five years. Interest on the Notes is payable semiannually in arrears on March 1 and September 1. The proceeds from the Notes are being used for general corporate purposes, which may include working capital and capital expenditure needs, business acquisitions and repurchases of the Company’s common stock.
	The Credit Agreement discussed in Note 11, "Credit Agreement," of the Notes to the Consolidated Financial Statements above, incorporates a $150 million term loan facility that matures on April 5, 2019. On April 5, 2013 the Company drew down $150 million under the term loan facility. Interest is accrued at the one-month LIBOR rate plus the scheduled spread and paid monthly. Quarterly principal payments of $3.75 million commenced on June 30, 2013 and will continue through December 31, 2018 with the final maturity payment including any accrued interest due on April 5, 2019. See Note 5, "Derivative Financial Instruments - Interest Rate Swap Contracts," of the Notes to the Consolidated Financial Statements for additional information on the effective interest rate on the term loan at March 31, 2015.

Shareholders_Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
Shareholders' Equity	Shareholders’ Equity
	The following table summarizes the common stock and additional paid-in capital activity during the three months ended March 31, 2015 (in thousands):
	Common stock and additional paid-in capital, December 31, 2014	$	1,396
	Income tax benefit of common stock options exercised	896
	Common stock issued pursuant to stock-based compensation plans, net	4,401
	Stock-based compensation arrangements	4,783
	Common stock and additional paid-in capital, March 31, 2015	$	11,476
	On February 5, 2015, the Company's Board of Directors authorized the repurchase of up to 15.0 million shares of the Company's outstanding common stock in the open market or through privately negotiated transactions. The authorization will expire on February 5, 2017. During the three months ended March 31, 2015, the Company did not repurchase any such shares.
	On March 6, 2015, the Company paid a dividend of $0.11 per share on its outstanding common stock to the shareholders of record as of the close of business on February 20, 2015. The total cash payments for dividends in the three months ended March 31, 2015 was $15.4 million.

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2015
Loss Contingency [Abstract]
Contingencies	Contingencies
	FLIR Systems, Inc. and its subsidiary, Indigo Systems Corporation (now known as FLIR Commercial Systems, Inc.) (together, the “FLIR Parties”), were named in a lawsuit filed by Raytheon Company (“Raytheon”) on March 2, 2007 in the United States District Court for the Eastern District of Texas. Raytheon's complaint, as amended, asserted claims for tortious interference, patent infringement, trade secret misappropriation, unfair competition, breach of contract and fraudulent concealment. The FLIR Parties filed an answer to the complaint on September 2, 2008, in which they denied all material allegations. On October 27, 2010, the FLIR Parties and Raytheon entered into a settlement agreement that resolved the patent infringement claims (the "Patent Claims") pursuant to which the FLIR Parties paid $3 million to Raytheon and entitles the FLIR Parties to certain license rights in the patents that were the subject of the Patent Claims.  On October 28, 2014, a four-week trial began with respect to Raytheon's remaining claims of misappropriations of trade secrets and claims related to 31 alleged trade secrets. On November 24, 2014, a jury in the United States District Court for the Eastern District of Texas rejected Raytheon’s claims and determined that 27 of the alleged trade secrets were not in fact trade secrets and that neither Indigo, prior to its acquisition by FLIR Systems, Inc., nor FLIR Systems, Inc. infringed any of the trade secrets claimed and awarded Raytheon no damages.  The court has yet to rule on any post-trial motion seeking to modify the jury verdict or on the FLIR Parties' motion for an award of attorney’s fees in the amount of $28 million as a prevailing party under the Texas Theft Liability Act.   The matter remains ongoing and is subject to appeal and the Company is unable to estimate the amount or range of potential loss or recovery, if any, which might result if the final determination of this matter is favorable or unfavorable, but an adverse ruling on the merits of the original claims against the FLIR Parties, while remote, could be material.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes
	As of March 31, 2015, the Company had approximately $12.1 million of unrecognized tax benefits, all of which would affect the Company’s effective tax rate if recognized. The Company anticipates an immaterial portion of its net unrecognized tax benefits will be recognized within 12 months as the result of settlements or effective settlements with various tax authorities, the closure of certain audits and the lapse of the applicable statute of limitations.
	The Company classifies interest and penalties related to uncertain tax positions as income tax expense. As of March 31, 2015, the Company had approximately $1.0 million of net accrued interest and penalties related to uncertain tax positions.
	The Company currently has the following tax years open to examination by major taxing jurisdictions:
		Tax Years:
	US Federal	2012 – 2014
	State of Oregon	2012 – 2014
	State of Massachusetts	2011 – 2014
	State of California	2012 – 2014
	Sweden	2011 – 2014
	United Kingdom	2011 – 2014
	Belgium	2011 – 2014

Operating_Segments_and_Related

Operating Segments and Related Information	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Operating Segments and Related Information	Operating Segments and Related Information
	Operating Segments
	The operating segments of the Company are as follows:
	Surveillance
	The Surveillance segment develops and manufactures enhanced imaging and recognition solutions for a wide variety of military, law enforcement, public safety, and other government customers around the world for the protection of borders, troops, and public welfare. Offerings include airborne, land, maritime, and man-portable multi-spectrum imaging systems, radars, lasers, imaging components, integrated multi-sensor system platforms, and services related to these systems. Effective January 1, 2015, the Personal Vision Systems product line was transferred from the OEM and Emerging Markets segment to the Surveillance segment. This product line includes hand-held and weapon-mounted thermal imaging systems for use by consumers. Accordingly, segment financial information in the tables below has been reclassified for the prior period for comparative purposes.
	Instruments
	The Instruments segment develops and manufactures devices that image, measure, and assess thermal energy, gases, and other environmental elements for industrial, commercial, and scientific applications. Products include thermal imaging cameras, gas detection cameras, firefighting cameras, process automation cameras, and environmental test and measurement devices.
	OEM and Emerging Markets
	The OEM and Emerging Markets segment develops and manufactures thermal imaging camera cores and components that are utilized by third parties to create thermal and other types of imaging systems. The segment also develops and manufactures intelligent traffic monitoring and signal control systems and imaging solutions for the smartphone and mobile devices market.
	Maritime
	The Maritime segment develops and manufactures electronics and imaging instruments for the recreational and commercial maritime market. The segment provides a full suite of networked electronic systems including multi-function helm displays, navigational instruments, autopilots, radars, sonar systems, thermal and visible imaging systems, and communications equipment for boats of all sizes.
	Security
	The Security segment develops and manufactures cameras and video recording systems for use in commercial, critical infrastructure, and home security applications. Products include thermal and visible-spectrum cameras, digital and networked video recorders, and related software and accessories that enable the efficient and effective safeguarding of assets at all hours of the day and through adverse weather conditions.
	Detection
	The Detection segment develops and manufactures sensor instruments and integrated platform solutions for the detection, identification, and suppression of chemical, biological, radiological, nuclear, and explosives threats for military force protection, homeland security, and commercial applications.
	Note 17.        Operating Segments and Related Information - (Continued)
	Operating Segments - (Continued)
	Operating segment information is as follows (in thousands):
		Three Months Ended
		March 31,
		2015			2014
					(as reclassified)
	Revenue – External Customers:
	Surveillance	$	112,901		$	123,087
	Instruments	83,821			84,056
	OEM and Emerging Markets	39,834			47,915
	Maritime	50,972			52,575
	Security	38,806			29,309
	Detection	18,183			14,600
		$	344,517		$	351,542
	Revenue – Intersegments:
	Surveillance	$	3,682		$	2,415
	Instruments	842			302
	OEM and Emerging Markets	8,686			5,166
	Maritime	657			665
	Security	3,976			1,655
	Detection	—			21
	Elimination	(17,843		)	(10,224		)
		$	—		$	—
	Earnings (loss) from operations:
	Surveillance	$	30,166		$	23,266
	Instruments	28,063			20,450
	OEM and Emerging Markets	8,779			8,806
	Maritime	4,789			8,830
	Security	3,816			1,686
	Detection	2,680			(1,800		)
	Other	(12,539		)	(18,787		)
		$	65,754		$	42,451
	Note 17.        Operating Segments and Related Information - (Continued)
	Operating Segments - (Continued)
		March 31,			December 31,
		2015			2014
					(as reclassified)
	Segment assets (accounts receivable, net and inventories):
	Surveillance	$	285,707		$	309,473
	Instruments	112,430			119,629
	OEM and Emerging Markets	85,022			79,053
	Maritime	79,689			67,775
	Security	53,457			59,182
	Detection	35,782			40,151
		$	652,087		$	675,263
		March 31,			December 31,
		2015			2014
					(as reclassified)
Segment goodwill:
Surveillance	$	119,977		$	121,268
Instruments	148,956			155,527
OEM and Emerging Markets	69,639			72,687
Maritime	106,320			109,980
Security	43,779			45,710
Detection	48,109			48,163
	$	536,780		$	553,335
Revenue and Long-Lived Assets by Geographic Area
Information related to revenue by significant geographical location, determined by the end customer, is as follows (in thousands):
	Three Months Ended
	March 31,
	2015			2014
United States	$	158,650		$	161,738
Europe	90,306			95,072
Other international	95,561			94,732
	$	344,517		$	351,542
Long-lived assets by significant geographic locations are as follows (in thousands):
	March 31,			December 31,
	2015			2014
United States	$	622,694		$	623,522
Europe	336,511			319,661
Other international	11,449			51,698
	$	970,654		$	994,881
Note 17.        Operating Segments and Related Information - (Continued)
Major Customers
Revenue derived from major customers is as follows (in thousands):
	Three Months Ended
	March 31,
	2015			2014
US Government	$	53,320		$	71,637

Restructuring_Costs_Notes

Restructuring Costs (Notes)	3 Months Ended
	Mar. 31, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	Restructuring Costs
	In 2013, the Company initiated a realignment plan that includes closing six sites in the United States and Europe and transferring those operations to the Company's larger facilities. The Company is also consolidating its optics and laser manufacturing businesses to better realize the benefits of vertical integration in these areas. During the three months ended March 31, 2015 and 2014, the Company recorded net pre-tax restructuring expenses totaling $0.3 million and 8.4 million, respectively. The Company recorded the restructuring expenses in the segments as follows (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	Surveillance	$	122		$	4,118
	Instruments	187			3,524
	OEM and Emerging Markets	2			167
	Maritime	—			(141		)
	Detection	3			615
	Other	—			120
		$	314		$	8,403
	Restructuring expenses were recorded in the Consolidated Statements of Income as follows (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	Cost of goods sold	$	—		$	590
	Restructuring expenses	314			7,813
		$	314		$	8,403
	The following table summarizes the activity by cost type (in thousands):
		Severance and personnel costs			Facilities Exit, Lease Terminations & Other			Total
	Balance, December 31, 2014	$	10,941		$	1,485		$	12,426
	Additional costs	277			37			314
	Utilization	(3,524		)	(1,040		)	(4,564		)
	Balance, March 31, 2015	$	7,694		$	482		$	8,176

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events
	On April 23, 2015, the Company’s Board of Directors declared a quarterly dividend of $0.11 per share on its common stock, payable on June 5, 2015, to shareholders of record as of the close of business on May 22, 2015. The total cash payment of this dividend will be approximately $15.4 million.

Basis_of_Presenation_Basis_of_

Basis of Presenation Basis of Presentation (Policies)	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of consolidation	The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries. All significant intercompany accounts and transactions have been eliminated.

Stockbased_Compensation_Stockb

Stock-based Compensation Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2015
Share-based Compensation [Abstract]
Stock-based compensation expense recognized in the Consolidated Statements of Income and capitalized in the Consolidated Balance Sheets	Stock-based compensation expense recognized in the Consolidated Statements of Income are as follows (in thousands):
		Three Months Ended
		March 31,
		2015		2014
	Cost of goods sold	$	718	$	653
	Research and development	1,140		1,199
	Selling, general and administrative	2,899		4,309
	Restructuring expenses	—		2,595
	Stock-based compensation expense	$	4,757	$	8,756
	Stock-based compensation costs capitalized in inventory are as follows (in thousands):
		March 31,
		2015		2014
	Capitalized in inventory	$	782	$	729

Net_Earnings_Per_Share_Net_Ear

Net Earnings Per Share Net Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2015
Earnings Per Share [Abstract]
Reconciliation of the numerator and denominator utilized in the computation of basic and diluted earnings per share	The following table sets forth the reconciliation of the numerator and denominator utilized in the computation of basic and diluted earnings per share (in thousands):
		Three Months Ended
		March 31,
		2015		2014
	Numerator for earnings per share:
	Net earnings for basic and diluted earnings per share	$	47,910	$	29,894
	Denominator for earnings per share:
	Weighted average number of common shares outstanding	139,768		140,932
	Assumed exercises of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method	1,704		2,896
	Weighted average diluted shares outstanding	141,472		143,828

Derivative_Financial_Instrumen1

Derivative Financial Instruments Derivative Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Notional amounts of outstanding foreign currency forward contracts by currency	in United States dollar equivalent amounts (in thousands):
		March 31,			December 31,
		2015			2014
	Swedish kronor	$	62,499		$	67,809
	Canadian dollar	20,602			17,446
	British pound sterling	17,644			14,928
	Euro	6,498			5,391
	Australian dollar	3,098			6,566
	Japanese yen	3,572			3,718
	Other	6,340			3,150
		$	120,253		$	119,008
Fair value carrying amount of derivative instruments included in consolidated balance sheets	The carrying amount of the foreign currency forward contracts included in the Consolidated Balance Sheets are as follows (in thousands):
		March 31, 2015						December 31, 2014
		Other current assets			Other current liabilities			Other current assets			Other current liabilities
	Foreign currency forward contracts	$	261		$	2,348		$	112		$	3,247
Interest rate swaps outstanding	As of March 31, 2015, the following interest rate swaps were outstanding:
	Contract Date		Notional Amount			Fixed Rate		Effective Date		Maturity Date
			(in millions)
	15-Mar-13		$	60		1.02	%	5-Apr-13		31-Mar-19
	March 29, 2013		$	60		0.97	%	5-Apr-13		31-Mar-19

Inventories_Inventories_Tables

Inventories Inventories (Tables)	3 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories consist of the following (in thousands):
		March 31,		December 31,
		2015		2014
	Raw material and subassemblies	$	185,975	$	181,618
	Work-in-progress	48,593		37,139
	Finished goods	105,732		101,848
		$	340,300	$	320,605

Goodwill_Goodwill_Tables

Goodwill Goodwill (Tables)	3 Months Ended
	Mar. 31, 2015
Disclosure - Goodwill - Additional Information [Abstract]
Carrying value of goodwill by reporting segment and the activity	The carrying value of goodwill and the activity for the three months ended March 31, 2015 are as follows (in thousands):
	Balance, December 31, 2014	$	553,335
	Currency translation adjustments	(16,555		)
	Balance, March 31, 2015	$	536,780

Accrued_Product_Warranties_Acc

Accrued Product Warranties Accrued Product Warrenties (Tables)	3 Months Ended
	Mar. 31, 2015
Product Warranties Disclosures [Abstract]
Summay of warranty liability and activity	The following table summarizes the Company’s accrued product warranties and activity (in thousands):
		Three Months Ended March 31,
		2015			2014
	Accrued product warranties, beginning of period	$	16,175		$	17,732
	Amounts paid for warranty services	(1,952		)	(2,687		)
	Warranty provisions for products sold	1,917			1,970
	Currency translation adjustments and other	(300		)	(303		)
	Accrued product warranties, end of period	$	15,840		$	16,712
	Current accrued product warranties, end of period	$	13,199		$	13,751
	Long-term accrued product warranties, end of period	$	2,641		$	2,961

LongTerm_Debt_LongTerm_Debt_Ta

Long-Term Debt Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Long-Term Debt	Long-term debt consists of the following (in thousands):
		March 31,			December 31,
		2015			2014
	Unsecured notes	$	250,000		$	250,000
	Term loan	120,000			123,750
	Unamortized discounts and issuance costs of unsecured notes	(649		)	(764		)
		$	369,351		$	372,986
	Current portion, long-term debt	$	15,000		$	15,000
	Long-term debt	$	354,351		$	357,986

Shareholders_Equity_Shareholde

Shareholders' Equity Shareholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
Common stock and additional paid-in capital activity	The following table summarizes the common stock and additional paid-in capital activity during the three months ended March 31, 2015 (in thousands):
	Common stock and additional paid-in capital, December 31, 2014	$	1,396
	Income tax benefit of common stock options exercised	896
	Common stock issued pursuant to stock-based compensation plans, net	4,401
	Stock-based compensation arrangements	4,783
	Common stock and additional paid-in capital, March 31, 2015	$	11,476

Income_Taxes_Income_Taxes_Tabl

Income Taxes Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2015
Income Tax Disclosure [Abstract]
Tax years open to examination by major taxing jurisdictions	The Company currently has the following tax years open to examination by major taxing jurisdictions:
		Tax Years:
	US Federal	2012 – 2014
	State of Oregon	2012 – 2014
	State of Massachusetts	2011 – 2014
	State of California	2012 – 2014
	Sweden	2011 – 2014
	United Kingdom	2011 – 2014
	Belgium	2011 – 2014

Operating_Segments_and_Related1

Operating Segments and Related Information Operating Segments and Related Information (Tables)	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Operating Segment Information	Operating segment information is as follows (in thousands):
		Three Months Ended
		March 31,
		2015			2014
					(as reclassified)
	Revenue – External Customers:
	Surveillance	$	112,901		$	123,087
	Instruments	83,821			84,056
	OEM and Emerging Markets	39,834			47,915
	Maritime	50,972			52,575
	Security	38,806			29,309
	Detection	18,183			14,600
		$	344,517		$	351,542
	Revenue – Intersegments:
	Surveillance	$	3,682		$	2,415
	Instruments	842			302
	OEM and Emerging Markets	8,686			5,166
	Maritime	657			665
	Security	3,976			1,655
	Detection	—			21
	Elimination	(17,843		)	(10,224		)
		$	—		$	—
	Earnings (loss) from operations:
	Surveillance	$	30,166		$	23,266
	Instruments	28,063			20,450
	OEM and Emerging Markets	8,779			8,806
	Maritime	4,789			8,830
	Security	3,816			1,686
	Detection	2,680			(1,800		)
	Other	(12,539		)	(18,787		)
		$	65,754		$	42,451
Segment Assets
		March 31,			December 31,
		2015			2014
					(as reclassified)
	Segment assets (accounts receivable, net and inventories):
	Surveillance	$	285,707		$	309,473
	Instruments	112,430			119,629
	OEM and Emerging Markets	85,022			79,053
	Maritime	79,689			67,775
	Security	53,457			59,182
	Detection	35,782			40,151
		$	652,087		$	675,263
		March 31,			December 31,
		2015			2014
					(as reclassified)
	Segment goodwill:
	Surveillance	$	119,977		$	121,268
	Instruments	148,956			155,527
	OEM and Emerging Markets	69,639			72,687
	Maritime	106,320			109,980
	Security	43,779			45,710
	Detection	48,109			48,163
		$	536,780		$	553,335
By Significant Geographical Area	Information related to revenue by significant geographical location, determined by the end customer, is as follows (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	United States	$	158,650		$	161,738
	Europe	90,306			95,072
	Other international	95,561			94,732
		$	344,517		$	351,542
	Long-lived assets by significant geographic locations are as follows (in thousands):
		March 31,			December 31,
		2015			2014
	United States	$	622,694		$	623,522
	Europe	336,511			319,661
	Other international	11,449			51,698
		$	970,654		$	994,881
Revenue Derived from Major Customers	Revenue derived from major customers is as follows (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	US Government	$	53,320		$	71,637

Restructuring_Costs_Tables

Restructuring Costs (Tables)	3 Months Ended
	Mar. 31, 2015
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs [Table Text Block]	In 2013, the Company initiated a realignment plan that includes closing six sites in the United States and Europe and transferring those operations to the Company's larger facilities. The Company is also consolidating its optics and laser manufacturing businesses to better realize the benefits of vertical integration in these areas. During the three months ended March 31, 2015 and 2014, the Company recorded net pre-tax restructuring expenses totaling $0.3 million and 8.4 million, respectively. The Company recorded the restructuring expenses in the segments as follows (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	Surveillance	$	122		$	4,118
	Instruments	187			3,524
	OEM and Emerging Markets	2			167
	Maritime	—			(141		)
	Detection	3			615
	Other	—			120
		$	314		$	8,403
	Restructuring expenses were recorded in the Consolidated Statements of Income as follows (in thousands):
		Three Months Ended
		March 31,
		2015			2014
	Cost of goods sold	$	—		$	590
	Restructuring expenses	314			7,813
		$	314		$	8,403
	The following table summarizes the activity by cost type (in thousands):
		Severance and personnel costs			Facilities Exit, Lease Terminations & Other			Total
	Balance, December 31, 2014	$	10,941		$	1,485		$	12,426
	Additional costs	277			37			314
	Utilization	(3,524		)	(1,040		)	(4,564		)
	Balance, March 31, 2015	$	7,694		$	482		$	8,176

Stockbased_Compensation_Stockb1

Stock-based Compensation Stock-based Compensation (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$4,757	$8,756
Cost of goods sold
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	718	653
Research and development
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	1,140	1,199
Selling, general and administrative
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	2,899	4,309
Restructuring Charges
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$0	$2,595

Stockbased_Compensation_Stockb2

Stock-based Compensation Stock-based Compensation (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Capitalized in inventory	$782	$729

Stockbased_Compensation_Stockb3

Stock-based Compensation Stock-based Compensation (Details textual) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015
Share-based Compensation [Abstract]
Unrecognized stock-based compensation costs, net of estimated forfeitures	$27.60
Weighted average period of unrecognized stock-based compensation costs, net of estimated forfeitures	1 year 8 months 12 days

Net_Earnings_Per_Share_Net_Ear1

Net Earnings Per Share Net Earnings Per Share (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Numerator for earnings per share:
Net earnings for basic and diluted earnings per share	$47,910	$29,894
Denominator for earnings per share:
Weighted average number of common shares outstanding	139,768	140,932
Assumed exercises of stock options and vesting of restricted stock awards, net of shares assumed reacquired under the treasury stock method	1,704	2,896
Weighted average diluted shares outstanding	141,472	143,828

Net_Earnings_Per_Share_Net_Ear2

Net Earnings Per Share Net Earnings Per Share (Details textual)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share [Abstract]
Effect of stock-based compensation awards, shares excluded for purposes of diluted earnings per share	248,000	100,000

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments Fair Value of Financial Instruments (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Millions, unless otherwise specified
Level 1
Schedule of Trading Securities and Other Trading Assets [Line Items]
Cash equivalents	$29.90	$29.80
Three Point Seven Five Percent Senior Unsecured Notes Due September First, Twenty Sixteen [Member] | Level 2
Schedule of Trading Securities and Other Trading Assets [Line Items]
Fair value of long-term debt	$257.80

Derivative_Financial_Instrumen2

Derivative Financial Instruments Derivative Financial Instruments (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Derivative, Notional Amount	$120,253	$119,008
Swedish kronor
Derivative, Notional Amount	62,499	67,809
British pound sterling
Derivative, Notional Amount	17,644	14,928
Australian dollar
Derivative, Notional Amount	3,098	6,566
Japanese yen
Derivative, Notional Amount	3,572	3,718
Euro
Derivative, Notional Amount	6,498	5,391
Canada, Dollars
Derivative, Notional Amount	20,602	17,446
Other
Derivative, Notional Amount	$6,340	$3,150

Derivative_Financial_Instrumen3

Derivative Financial Instruments Derivative Financial Instruments (Details 2) (Level 2, Foreign currency forward contracts, Not Designated as Hedging Instrument, USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Other current assets
Derivatives, Fair Value [Line Items]
Derivative Asset, Fair Value, Gross Asset	$261	$112
Other current liabilities
Derivatives, Fair Value [Line Items]
Derivative Liability, Fair Value, Gross Liability	$2,348	$3,247

Derivative_Financial_Instrumen4

Derivative Financial Instruments Derivative Financial Instruments (Details 3) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Derivative [Line Items]
Derivative, Notional Amount	$120,253	$119,008
Interest Rate Swap [Member] | March 15, 2013 Interest rate swap [Member]
Derivative [Line Items]
Contract date	15-Mar-13
Derivative, Notional Amount	60,000
Fixed rate	1.02%
Effective date	5-Apr-13
Maturity date	31-Mar-19
Interest Rate Swap [Member] | March 29, 2013 Interest rate swap [Member]
Derivative [Line Items]
Contract date	29-Mar-13
Derivative, Notional Amount	$60,000
Fixed rate	0.97%
Effective date	5-Apr-13
Maturity date	31-Mar-19

Derivative_Financial_Instrumen5

Derivative Financial Instruments Derivative Financial Instruments (Details textual) (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Derivative [Line Items]
Net gain (loss)	($4,000,000)	($2,000,000)
Maturities of foreign currency forward contracts	3 years
Level 2 | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Net	300,000
Level 2 | Interest Rate Swap [Member] | Other current assets
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset	1,100,000
Level 2 | Interest Rate Swap [Member] | Other current liabilities
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Liability	$800,000
Term loan facility [Member]
Derivative [Line Items]
Effective interest rate	2.49%

Accounts_Receivable_Accounts_R

Accounts Receivable Accounts Receivable (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Millions, unless otherwise specified
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]
Allowance for doubtful accounts receivable	$7.40	$8

Inventories_Inventories_Detail

Inventories Inventories (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Raw material and subassemblies	$185,975	$181,618
Work-in-progress	48,593	37,139
Finished goods	105,732	101,848
Total inventories	$340,300	$320,605

Property_and_Equipment_Propert

Property and Equipment Property and Equipment (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Millions, unless otherwise specified
Property, Plant and Equipment [Abstract]
Accumulated depreciation	$240.60	$248.20
Assets Held-for-sale, Property, Plant and Equipment	$2.50

Goodwill_Goodwill_Details

Goodwill Goodwill (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Goodwill [Roll Forward]
Goodwill, beginning of period	$553,335
Currency translation adjustments	-16,555
Goodwill, end of period	$536,780

Intangible_Assets_Intangible_A

Intangible Assets Intangible Assets (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Millions, unless otherwise specified
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Accumulated amortization	$78.70	$75.10

Credit_Agreements_Credit_Agree

Credit Agreements Credit Agreements (Details) (USD $)	Mar. 31, 2015
In Millions, unless otherwise specified
Line of Credit Facility [Abstract]
Letters of credit outstanding	$38.90
Total available credit	$161.10

Accrued_Product_Warranties_Acc1

Accrued Product Warranties Accrued Product Warrenties (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Movement in Standard Product Warranty Accrual [Roll Forward]
Accrued product warranties, beginning of period	$16,175	$17,732
Amounts paid for warranty services	-1,952	-2,687
Warranty provisions for products sold	1,917	1,970
Currency translation adjustments and other	-300	-303
Accrued product warranties, end of period	15,840	16,712
Current accrued product warranties, end of period	13,199	13,751	13,538
Long-term accrued product warranties, end of period	$2,641	$2,961

LongTerm_Debt_LongTerm_Debt_De

Long-Term Debt Long-Term Debt (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Debt Disclosure [Abstract]
Unsecured notes	$250,000	$250,000
Term loan	120,000	123,750
Unamortized discounts and issuance costs of unsecured notes	-649	-764
Long-term Debt	369,351	372,986
Current portion, long term debt	15,000	15,000
Long-term debt	$354,351	$357,986

LongTerm_Debt_Long_Term_Debt_D

Long-Term Debt Long Term Debt (Details textual) (USD $)	3 Months Ended	1 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Aug. 31, 2011	Apr. 30, 2013	Apr. 05, 2013
Debt Instrument [Line Items]
Senior unsecured notes, term (in years)	5 years 0 months 0 days
Three Point Seven Five Percent Senior Unsecured Notes Due September First, Twenty Sixteen [Member]
Debt Instrument [Line Items]
Debt instrument, face amount		$250
Debt instrument, interest rate, stated percentage		3.75%
Debt instrument, maturity date		1-Sep-16
Senior unsecured notes, proceeds		247.7
Debt instrument, frequency of periodic payment		semiannually
Senior unsecured notes, interest payment dates		March 1 and September 1
Term loan facility [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				150
Debt instrument, maturity date			5-Apr-19
Debt Instrument, Description of Variable Rate Basis			Interest is accrued at the one-month LIBOR rate plus the scheduled spread
Debt instrument, frequency of periodic payment			monthly
Debt Instrument, Date of First Required Payment			30-Jun-13
Long-term Debt [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment, Principal	3.75

Shareholders_Equity_Shareholde1

Shareholders' Equity Shareholders' Equity (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Stockholders' Equity Note [Abstract]
Common stock and additional paid-in capital, beginning of period	$1,396
Income tax benefit of common stock options exercised	896
Common stock issued pursuant to stock-based compensation plans, net	4,401
Stock-based compensation arrangements	4,783
Common stock and additional paid-in capital, end of period	$11,476

Shareholders_Equity_Shareholde2

Shareholders' Equity Shareholders' Equity (Details textual) (USD $)	0 Months Ended	3 Months Ended
In Millions, except Per Share data, unless otherwise specified	Mar. 06, 2015	Mar. 31, 2015	Feb. 05, 2015
Stockholders Equity Note [Line Items]
Common stock authorized to be repurchased, number of shares (in shares)			15
Common stock dividends, paid per share (in dollars per share)	$0.11
Retained Earnings
Stockholders Equity Note [Line Items]
Common stock dividends, total cash paid		$15.40

Contingencies_Contingencies_De

Contingencies Contingencies (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2010
Loss Contingency [Abstract]
Litigation settlement payment	($28)	($3)

Income_Taxes_Income_Taxes_Deta

Income Taxes Income Taxes (Details Textuals) (USD $)	Mar. 31, 2015
In Millions, unless otherwise specified
Income Tax Disclosure [Abstract]
Unrecognized tax benefits	$12.10
Accrued interest and penalties	$1

Income_Taxes_Income_Taxes_Deta1

Income Taxes Income Taxes (Details Parentheticals)	3 Months Ended
	Mar. 31, 2015
US Federal | Minimum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2012
US Federal | Maximum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2014
State of Massachusetts | Minimum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2011
State of Massachusetts | Maximum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2014
State of California | Minimum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2012
State of California | Maximum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2014
State of Oregon | Minimum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2012
State of Oregon | Maximum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2014
Sweden | Minimum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2011
Sweden | Maximum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2014
United Kingdom | Minimum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2011
United Kingdom | Maximum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2014
Belgium | Minimum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2011
Belgium | Maximum
Income Tax Examination [Line Items]
Tax years open to examination by major taxing jurisdictions	2014

Operating_Segments_and_Related2

Operating Segments and Related Information Operating Segments and Related Information (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue - External Customers	$344,517	$351,542
Intersegment revenue	0	0
Earnings (loss) from operations	65,754	42,451
Surveillance
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue - External Customers	112,901	123,087
Intersegment revenue	3,682	2,415
Earnings (loss) from operations	30,166	23,266
Instruments
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue - External Customers	83,821	84,056
Intersegment revenue	842	302
Earnings (loss) from operations	28,063	20,450
OEM & Emerging Markets
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue - External Customers	39,834	47,915
Intersegment revenue	8,686	5,166
Earnings (loss) from operations	8,779	8,806
Maritime
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue - External Customers	50,972	52,575
Intersegment revenue	657	665
Earnings (loss) from operations	4,789	8,830
Security
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue - External Customers	38,806	29,309
Intersegment revenue	3,976	1,655
Earnings (loss) from operations	3,816	1,686
Detection
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue - External Customers	18,183	14,600
Intersegment revenue	0	21
Earnings (loss) from operations	2,680	-1,800
Other
Segment Reporting, Revenue Reconciling Item [Line Items]
Intersegment revenue	-17,843	-10,224
Earnings (loss) from operations	($12,539)	($18,787)

Operating_Segments_and_Related3

Operating Segments and Related Information Operating Segments and Related Information (Details 3) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Segment Reporting, Asset Reconciling Item [Line Items]
Segment assets (accounts receivable, net and inventories)	$652,087	$675,263
Surveillance
Segment Reporting, Asset Reconciling Item [Line Items]
Segment assets (accounts receivable, net and inventories)	285,707	309,473
Instruments
Segment Reporting, Asset Reconciling Item [Line Items]
Segment assets (accounts receivable, net and inventories)	112,430	119,629
OEM & Emerging Markets
Segment Reporting, Asset Reconciling Item [Line Items]
Segment assets (accounts receivable, net and inventories)	85,022	79,053
Maritime
Segment Reporting, Asset Reconciling Item [Line Items]
Segment assets (accounts receivable, net and inventories)	79,689	67,775
Security
Segment Reporting, Asset Reconciling Item [Line Items]
Segment assets (accounts receivable, net and inventories)	53,457	59,182
Detection
Segment Reporting, Asset Reconciling Item [Line Items]
Segment assets (accounts receivable, net and inventories)	$35,782	$40,151

Operating_Segments_and_Related4

Operating Segments and Related Information Operating Segments and Related Information (Details 4) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Segment Reporting, Asset Reconciling Item [Line Items]
Segment Reporting Information Goodwill	$536,780	$553,335
Surveillance
Segment Reporting, Asset Reconciling Item [Line Items]
Segment Reporting Information Goodwill	119,977	121,268
Instruments
Segment Reporting, Asset Reconciling Item [Line Items]
Segment Reporting Information Goodwill	148,956	155,527
OEM & Emerging Markets
Segment Reporting, Asset Reconciling Item [Line Items]
Segment Reporting Information Goodwill	69,639	72,687
Maritime
Segment Reporting, Asset Reconciling Item [Line Items]
Segment Reporting Information Goodwill	106,320	109,980
Detection
Segment Reporting, Asset Reconciling Item [Line Items]
Segment Reporting Information Goodwill	48,109	48,163
Security
Segment Reporting, Asset Reconciling Item [Line Items]
Segment Reporting Information Goodwill	$43,779	$45,710

Operating_Segments_and_Related5

Operating Segments and Related Information Operating Segments and Related Information (Details 5) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$344,517	$351,542
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	158,650	161,738
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	90,306	95,072
Other International
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$95,561	$94,732

Operating_Segments_and_Related6

Operating Segments and Related Information Operating Segments and Related Information (Details 6) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$970,654	$994,881
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	622,694	623,522
Europe
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	336,511	319,661
Other International
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$11,449	$51,698

Operating_Segments_and_Related7

Operating Segments and Related Information Operating Segments and Related Information (Details 7) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Revenue, Major Customer [Line Items]
Revenue	$344,517	$351,542
US Government
Revenue, Major Customer [Line Items]
Revenue	$53,320	$71,637

Restructuring_Costs_Details

Restructuring Costs (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	$314	$7,813
Total COGS and SGA
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	314	8,403
Surveillance
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	122	4,118
Instruments
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	187	3,524
OEM & Emerging Markets
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	2	167
Maritime
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	0	-141
Security
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	0	0
Detection
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	3	615
Other
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	$0	$120

Restructuring_Costs_Details_2

Restructuring Costs (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	$314	$7,813
Cost of Goods Sold
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	0	590
Selling, general and administrative
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	314	7,813
Total COGS and SGA
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	$314	$8,403

Restructuring_Costs_Details_3

Restructuring Costs (Details 3) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring expenses	$314	$7,813
Total COGS and SGA
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, beginning balance	12,426
Restructuring expenses	314	8,403
Restructuring and Related Cost, Incurred Cost	-4,564
Restructuring Reserve, ending balance	8,176
Total COGS and SGA | Employee Severance [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, beginning balance	10,941
Restructuring expenses	277
Restructuring and Related Cost, Incurred Cost	-3,524
Restructuring Reserve, ending balance	7,694
Total COGS and SGA | Asset write-down [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, beginning balance	0
Restructuring expenses	0
Restructuring and Related Cost, Incurred Cost	0
Restructuring Reserve, ending balance	0
Total COGS and SGA | Facility Exit [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, beginning balance	1,485
Restructuring expenses	37
Restructuring and Related Cost, Incurred Cost	-1,040
Restructuring Reserve, ending balance	$482

Subsequent_Events_Subsequent_E

Subsequent Events Subsequent Events (Details) (Dividend declared, USD $)	0 Months Ended
In Millions, except Per Share data, unless otherwise specified	Jun. 05, 2015	22-May-15	Apr. 23, 2015	Jun. 05, 2015
Dividend declared
Subsequent Event [Line Items]
Common Stock, Dividends, Per Share, Cash Paid			$0.11
Quarterly dividend, date declared			23-Apr-15
Quarterly dividend, date to be paid	5-Jun-15
Quarterly dividend, date of record		22-May-15
Quarterly dividend, amount declared	$15.40			$15.40