XML 87 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
NET SALES $ 890,651us-gaap_SalesRevenueNet $ 826,846us-gaap_SalesRevenueNet $ 633,806us-gaap_SalesRevenueNet
COST OF GOODS SOLD 613,372us-gaap_CostOfGoodsSold 589,010us-gaap_CostOfGoodsSold 472,220us-gaap_CostOfGoodsSold
Gross profit 277,279us-gaap_GrossProfit 237,836us-gaap_GrossProfit 161,586us-gaap_GrossProfit
OPERATING EXPENSES      
Selling, general and administrative 133,701us-gaap_SellingGeneralAndAdministrativeExpense 132,106us-gaap_SellingGeneralAndAdministrativeExpense 101,363us-gaap_SellingGeneralAndAdministrativeExpense
Research and development 52,136us-gaap_ResearchAndDevelopmentExpense 48,302us-gaap_ResearchAndDevelopmentExpense 33,761us-gaap_ResearchAndDevelopmentExpense
Amortization of acquisition related intangible assets 7,914us-gaap_AmortizationOfAcquisitionCosts 8,078us-gaap_AmortizationOfAcquisitionCosts 5,122us-gaap_AmortizationOfAcquisitionCosts
Impairment of goodwill   5,318us-gaap_GoodwillImpairmentLoss  
Restructuring   1,535us-gaap_RestructuringCharges  
Loss (gain) on sale of assets (983)us-gaap_GainLossOnSaleOfOtherAssets 216us-gaap_GainLossOnSaleOfOtherAssets (3,556)us-gaap_GainLossOnSaleOfOtherAssets
Total operating expenses 192,768us-gaap_OperatingExpenses 195,555us-gaap_OperatingExpenses 136,690us-gaap_OperatingExpenses
Income from operations 84,511us-gaap_OperatingIncomeLoss 42,281us-gaap_OperatingIncomeLoss 24,896us-gaap_OperatingIncomeLoss
OTHER INCOME (EXPENSES)      
Interest income 1,470us-gaap_InterestAndDividendIncomeSecuritiesOther 1,274us-gaap_InterestAndDividendIncomeSecuritiesOther 778us-gaap_InterestAndDividendIncomeSecuritiesOther
Interest expense (4,332)us-gaap_InterestExpense (5,580)us-gaap_InterestExpense (876)us-gaap_InterestExpense
Gain on securities carried at fair value 1,364us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss 601us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss 7,100us-gaap_FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
Other 2,979us-gaap_OtherNoninterestExpense 9us-gaap_OtherNoninterestExpense (1,091)us-gaap_OtherNoninterestExpense
Total other income (expenses) 1,481us-gaap_NonoperatingIncomeExpense (3,696)us-gaap_NonoperatingIncomeExpense 5,911us-gaap_NonoperatingIncomeExpense
Income before income taxes and noncontrolling interest 85,992us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 38,585us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 30,807us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
INCOME TAX PROVISION 20,359us-gaap_IncomeTaxExpenseBenefit 14,481us-gaap_IncomeTaxExpenseBenefit 4,825us-gaap_IncomeTaxExpenseBenefit
NET INCOME 65,633us-gaap_ProfitLoss 24,104us-gaap_ProfitLoss 25,982us-gaap_ProfitLoss
Less: NET (INCOME) LOSS attributable to noncontrolling interest (1,955)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 2,428us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (1,830)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET INCOME attributable to common stockholders $ 63,678us-gaap_NetIncomeLoss $ 26,532us-gaap_NetIncomeLoss $ 24,152us-gaap_NetIncomeLoss
EARNINGS PER SHARE attributable to common stockholders      
Basic $ 1.35us-gaap_EarningsPerShareBasic $ 0.57us-gaap_EarningsPerShareBasic $ 0.53us-gaap_EarningsPerShareBasic
Diluted $ 1.31us-gaap_EarningsPerShareDiluted $ 0.56us-gaap_EarningsPerShareDiluted $ 0.51us-gaap_EarningsPerShareDiluted
Number of shares used in computation      
Basic 47,184us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 46,363us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 45,780us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 48,594us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 47,658us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 46,899us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding