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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenue:    
Product revenue $ 30,569 $ 25,094
Royalty and other revenue 21  
Total revenue 30,590 25,094
Operating expenses:    
Cost of product revenue 13,990 11,069
Research and development 1,742 1,539
Selling, general and administrative 9,182 7,018
Contingent consideration - fair value adjustments   2,005
Total operating expenses 24,914 21,631
Income from operations 5,676 3,463
Investment income 96 61
Interest expense (1,585) (5)
Other expense (120) (979)
Income before income taxes 4,067 2,540
Income tax provision 999 915
Net income $ 3,068 $ 1,625
Earnings per share:    
Basic $ 0.09 $ 0.05
Diluted $ 0.09 $ 0.05
Weighted average shares outstanding:    
Basic 33,891,702 33,024,681
Diluted 34,382,322 33,493,575
Other comprehensive income:    
Unrealized gain on investments $ 4 $ 15
Foreign currency translation gain 1,027 1,881
Comprehensive income (loss) $ 4,099 $ 3,521