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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenue $ 389,951 $ 331,133 $ 763,416 $ 618,431
Cost of goods sold 185,416 147,810 363,236 269,754
Gross profit 204,535 183,323 400,180 348,677
Operating expenses:        
Research and development 39,201 28,309 76,461 53,112
Selling, general and administrative 123,651 65,199 205,390 121,407
Total operating expenses 162,852 93,508 281,851 174,519
Earnings from operations 41,683 89,815 118,329 174,158
Interest expense 435 900 785 2,124
Interest income (86) (192) (348) (446)
Other income, net (2,115) (1,734) (1,270) (1,787)
Earnings from continuing operations before income taxes 43,449 90,841 119,162 174,267
Income tax provision 13,687 31,387 37,536 58,918
Earnings from continuing operations 29,762 59,454 81,626 115,349
Loss from discontinued operations, net of tax (453)   (1,002)  
Net earnings $ 29,309 $ 59,454 $ 80,624 $ 115,349
Basic earnings per share:        
Continuing operations $ 0.19 $ 0.38 $ 0.51 $ 0.75
Discontinued operations $ 0.00   $ (0.01)  
Basic earnings per share $ 0.18 $ 0.38 $ 0.51 $ 0.75
Diluted earnings per share:        
Continuing operations $ 0.18 $ 0.37 $ 0.50 $ 0.72
Discontinued operations $ 0.00   $ (0.01)  
Diluted earnings per share $ 0.18 $ 0.37 $ 0.50 $ 0.72
Weighted average shares outstanding:        
Basic 159,796 154,495 159,599 153,702
Diluted 162,550 161,643 162,427 161,626