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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
REVENUE $ 56,149 $ 102,513 $ 99,721 $ 158,079
COST OF SALES 11,635 11,310 19,093 24,297
Gross margin 44,514 91,203 80,628 133,782
OPERATING EXPENSES:        
Research and development 12,949 10,685 25,306 22,503
Selling, general and administrative 11,562 9,839 22,353 19,916
Amortization of acquired technology and other intangible assets 5,495 5,495 10,986 10,987
Patent costs 2,029 1,674 3,754 3,221
Royalty and license expense 1,568 2,991 2,799 4,578
Total operating expenses 33,603 30,684 65,198 61,205
OPERATING INCOME 10,911 60,519 15,430 72,577
Interest income, net 1,766 796 3,037 1,467
Other (expense) income, net (12) 6 (59) (13)
Interest and other (expense) income, net 1,754 802 2,978 1,454
INCOME BEFORE INCOME TAXES 12,665 61,321 18,408 74,031
INCOME TAX EXPENSE (1,851) (14,134) (1,635) (16,479)
NET INCOME $ 10,814 $ 47,187 $ 16,773 $ 57,552
NET INCOME PER COMMON SHARE:        
BASIC $ 0.23 $ 0.99 $ 0.35 $ 1.21
DILUTED $ 0.23 $ 0.99 $ 0.35 $ 1.21
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME PER COMMON SHARE:        
BASIC 46,868,999 46,742,746 46,826,314 46,702,376
DILUTED 46,901,098 46,810,238 46,873,109 46,781,120
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 0.06 $ 0.03 $ 0.12 $ 0.06