XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 304,085 $ 264,224 $ 578,597 $ 500,527
Cost of goods sold 196,817 174,085 372,734 336,477
Gross profit 107,268 90,139 205,863 164,050
Operating expenses        
Selling, general and administrative 42,153 39,697 89,303 79,387
Research and development 22,050 19,796 42,250 37,836
Amortization of acquisition related intangible assets 4,678 4,646 9,445 9,404
Restructuring 526 1,838 206 4,069
Other operating expense (income) 17 334 (125) 169
Total operating expense 69,424 66,311 141,079 130,865
Income from operations 37,844 23,828 64,784 33,185
Other income (expense)        
Interest income 443 308 957 603
Interest expense (2,544) (3,447) (5,301) (6,932)
Foreign currency gain (loss), net 300 (1,628) (2,729) (5,422)
Other income 377 802 5,012 531
Total other expense (1,424) (3,965) (2,061) (11,220)
Income before income taxes and noncontrolling interest 36,420 19,863 62,723 21,965
Income tax provision 10,753 6,039 18,536 6,599
Net income 25,667 13,824 44,187 15,366
Less net income attributable to noncontrolling interest (599) (645) (593) (970)
Net income attributable to common stockholders $ 25,068 $ 13,179 $ 43,594 $ 14,396
Earnings per share attributable to common stockholders:        
Basic $ 0.50 $ 0.27 $ 0.88 $ 0.30
Diluted $ 0.49 $ 0.26 $ 0.86 $ 0.29
Number of shares used in earnings per share computation:        
Basic 49,680 48,518 49,509 48,418
Diluted 50,792 49,944 50,727 49,807