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Selected Quarterly Financial and Supplementary Data - Unaudited (Details) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
[1]
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
[2]
Sep. 30, 2014
[3]
Jun. 30, 2014
[4]
Mar. 31, 2014
[5]
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Total Gross sales $ 156,943 $ 92,350 $ 106,379 $ 78,184 $ 128,841 $ 81,145 $ 97,972 $ 66,192 $ 433,856 $ 374,150 $ 317,212
Net revenues 156,187 92,979 106,635 77,525 129,315 81,300 97,893 66,105 433,326 374,613 318,176
Gross profit 66,261 35,680 45,945 29,079 45,399 28,406 33,415 16,578 176,965 123,798 102,904
Income from continuing operations 17,482 11,876 19,450 8,368 28,258 8,882 19,827 1,166 57,176 58,133 30,275
Loss from discontinued operations 332 [6] (129) [6] 213 [6] (375) [6] (373) [6] (113) [6] (160) [6] (184) [6] 41 (830) (4,360)
Net income $ 17,814 $ 11,747 $ 19,663 $ 7,993 $ 27,885 $ 8,769 $ 19,667 $ 982 $ 57,217 $ 57,303 $ 25,915
Basic (in dollars per share) $ 0.56 [7] $ 0.37 [7] $ 0.63 [7] $ 0.26 [7] $ 0.90 [7] $ 0.28 [7] $ 0.64 [7] $ 0.03 [7] $ 1.82 $ 1.86 $ 0.86
Diluted (in dollars per share) $ 0.54 [7] $ 0.36 [7] $ 0.61 [7] $ 0.25 [7] $ 0.88 [7] $ 0.28 [7] $ 0.63 [7] $ 0.03 [7] $ 1.76 $ 1.81 $ 0.84
Basic (in shares) 31,661 [7] 31,471 [7] 31,344 [7] 31,198 [7] 31,053 [7] 30,801 [7] 30,647 [7] 30,546 [7] 31,420 30,763 30,150
Diluted (in shares) 32,784 [7] 32,593 [7] 32,440 [7] 32,158 [7] 31,803 [7] 31,599 [7] 31,428 [7] 31,408 [7] 32,555 31,643 30,901
[1] Income from continuing operations includes restructuring expenses of $15,573 and a tax benefit of $1,464 related to the decision to sell our finished dosage form facility in Hyderabad, India.
[2] Income from continuing operations includes a gain on sale of land of $1,234 and a corresponding tax expense of $387, a benefit of $11,719 for the reversal of a valuation allowance on deferred tax assets, a benefit of $3,948 for favorable audit settlements, and expense of $7,170 related to a voluntary lump sum pension settlement.
[3] Income from continuing operations includes the reversal of a valuation allowance on deferred tax assets of $824.
[4] Income from continuing operations includes the reversal of a valuation allowance on deferred tax assets of $14,161 and a loss of $4,122 related to the purchase of the remaining shares in Zenara.
[5] Income from continuing operations includes the reversal of a valuation allowance on deferred tax assets of $198.
[6] Discontinued operations include charges for environmental remediation related to sites of divested businesses.
[7] Earnings per share calculations for each of the quarters are based on the weighted average number of shares outstanding for each period. As such, the sum of the quarters may not necessarily equal the earnings per share amount for the year.