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Selected Quarterly Financial and Supplementary Data - Schedule of Quarterly Financial Information (Unaudited) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Gross sales $ 175,505 $ 112,233 $ 134,487 $ 103,711 $ 178,682 $ 99,867 $ 119,054 $ 93,935 $ 525,936 $ 491,538 $ 433,856
Net revenues 182,277 112,619 134,554 105,006 177,866 99,399 118,638 94,741 534,456 490,644 433,326
Gross profit 78,871 46,889 57,502 46,825 79,167 37,602 48,557 38,899 230,087 204,225 176,965
Income from continuing operations 40,249 [1] 17,276 [1] 25,124 [1] 21,115 [1] 37,949 [2] 13,721 [2] 20,810 [2] 14,845 [2] 103,764 87,325 57,176
(Loss)/income from discontinued operations, net of tax 10 [3] 20 [3] (94) [3] (1,250) [3] (565) [3] (4,503) [3] (316) [3] (263) [3] (1,314) (5,647) 41
Net income $ 40,259 $ 17,296 $ 25,030 $ 19,865 $ 37,384 $ 9,218 $ 20,494 $ 14,582 $ 102,450 $ 81,678 $ 57,217
Basic (in dollars per share) $ 1.23 [4] $ 0.53 [4] $ 0.77 [4] $ 0.61 [4] $ 1.16 [4] $ 0.29 [4] $ 0.64 [4] $ 0.46 [4] $ 3.14 $ 2.55 $ 1.82
Diluted (in dollars per share) $ 1.20 [4] $ 0.52 [4] $ 0.75 [4] $ 0.60 [4] $ 1.13 [4] $ 0.28 [4] $ 0.62 [4] $ 0.44 [4] $ 3.06 $ 2.48 $ 1.76
Basic (in shares) 32,810 [4] 32,749 [4] 32,629 [4] 32,454 [4] 32,240 [4] 32,149 [4] 32,063 [4] 31,886 [4] 32,662 32,086 31,420
Diluted (in shares) 33,532 [4] 33,512 [4] 33,469 [4] 33,365 [4] 33,107 [4] 32,999 [4] 32,926 [4] 32,771 [4] 33,486 32,969 32,555
[1] Income from continuing operations for the first, second, third, and fourth quarters includes a favorable impact to tax expense of $2,654, $1,725, $735, and $122, respectively, from the adoption of ASU 2016-09, and expense of $117 in the fourth quarter as a result of the change in enacted tax rates in the U.S. and the toll tax.
[2] Income from continuing operations for the first, second, third, and fourth quarters includes $290 of expense, $154 of expense, a $47 benefit and $761 of expense, respectively, for restructuring related to the decision to sell our finished dosage form facility in Hyderabad, India.
[3] Discontinued operations include charges and reimbursements for environmental remediation related to sites of divested businesses.
[4] 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.