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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Consolidated Statements of Operations        
Net sales $ 177,366 $ 171,913 $ 492,511 $ 492,338
Cost of sales 100,489 101,962 286,107 292,109
Gross profit 76,877 69,951 206,404 200,229
Operating expenses, net:        
Research and development 28,817 27,104 83,762 77,237
Selling, general, and administrative 22,814 22,144 69,263 67,987
Amortization of intangible assets 2,123 2,505 6,358 7,514
Other operating expense (income), net 860 634 1,264 587
Total operating expenses, net 54,614 52,387 160,647 153,325
Operating income 22,263 17,564 45,757 46,904
Interest income 3,024 571 7,518 873
Interest expense (2,777) (2,886) (8,705) (8,626)
Other income (expense), net     (97,091)  
Income (loss) before income taxes 22,510 15,249 (52,521) 39,151
Income tax expense (benefit) (2,064) 208 (516) 1,125
Net income (loss) $ 24,574 $ 15,041 $ (52,005) $ 38,026
Income (loss) per common share:        
Basic (in dollars per share) $ 0.44 $ 0.30 $ (0.98) $ 0.76
Diluted (in dollars per share) $ 0.42 $ 0.27 $ (0.98) $ 0.70
Weighted average number of shares:        
Basic (in shares) 55,352 49,887 52,978 49,831
Diluted (in shares) 59,636 65,151 52,978 65,090