XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Net sales $ 471,422 $ 309,459 $ 1,324,991 $ 878,845
Cost of goods sold 290,191 198,369 845,322 570,421
Gross profit 181,231 111,090 479,669 308,424
Operating expenses        
Selling, general and administrative 67,803 44,651 186,759 132,238
Research and development 31,458 24,469 89,104 69,469
Amortization of acquisition related intangible assets 4,056 4,007 12,139 12,249
Other operating expense (income) 667 108 1,673 (108)
Total operating expense 103,984 73,235 289,675 213,848
Income from operations 77,247 37,855 189,994 94,576
Other income (expense)        
Interest income 765 138 2,351 579
Interest expense (1,417) (3,745) (6,298) (7,643)
Foreign currency gain (loss), net 805 (2,618) (984) (6,143)
Unrealized gain on investments 5,922   14,838  
Other income 2,244 1,627 6,398 2,902
Total other income (expense) 8,319 (4,598) 16,305 (10,305)
Income before income taxes and noncontrolling interest 85,566 33,257 206,299 84,271
Income tax provision 14,766 5,871 36,320 15,097
Net income 70,800 27,386 169,979 69,174
Less net income attributable to noncontrolling interest (2,376) (234) (6,729) (821)
Net income attributable to common stockholders $ 68,424 $ 27,152 $ 163,250 $ 68,353
Earnings per share attributable to common stockholders:        
Basic $ 1.52 $ 0.52 $ 3.65 $ 1.33
Diluted $ 1.50 $ 0.51 $ 3.59 $ 1.30
Number of shares used in earnings per share computation:        
Basic 44,986 51,825 44,689 51,563
Diluted 45,642 52,729 45,507 52,612