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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
REVENUE $ 112,277 $ 87,765
COST OF SALES 22,459 15,814
Gross margin 89,818 71,951
OPERATING EXPENSES:    
Research and development 19,497 15,829
Selling, general and administrative 15,403 11,969
Amortization of acquired technology and other intangible assets 5,490 5,486
Patent costs 1,638 1,770
Royalty and license expense 3,284 2,537
Total operating expenses 45,312 37,591
OPERATING INCOME 44,506 34,360
Interest income, net 2,147 2,831
Other income, net 202 282
Interest and other income, net 2,349 3,113
INCOME BEFORE INCOME TAXES 46,855 37,473
INCOME TAX EXPENSE (8,700) (5,999)
NET INCOME $ 38,155 $ 31,474
NET INCOME PER COMMON SHARE:    
BASIC $ 0.80 $ 0.66
DILUTED $ 0.80 $ 0.66
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME PER COMMON SHARE:    
BASIC 47,093,033 46,892,914
DILUTED 47,122,829 46,931,999
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 0.15 $ 0.10