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Consolidated Income Statements (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Gross sales $ 104,231 $ 112,233 $ 390,575 $ 350,431
Commissions, allowances and rebates 240 225 641 1,468
Net sales 103,991 112,008 389,934 348,963
Other revenues, net 627 611 7,827 3,216
Net revenue 104,618 112,619 397,761 352,179
Cost of goods sold 71,893 65,676 249,389 200,802
Gross profit 32,725 46,943 148,372 151,377
Operating expenses:        
Selling, general and administrative expenses 14,514 17,167 47,037 50,678
Research and development expenses 4,191 4,233 11,943 12,590
Acquisition and integration expenses 7,388   7,727  
Total operating expenses 26,093 21,400 66,707 63,268
Operating profit 6,632 25,543 81,665 88,109
Other expenses/(income):        
Interest expense, net 725 337 824 991
Unrealized gain on investment in equity securities (5,611)   (10,757)  
Other expenses, net 109 432 554 1,119
Income before income taxes 11,409 24,774 91,044 85,999
(Benefit)/provision for income taxes (15,406) 7,498 (872) 22,484
Income from continuing operations 26,815 17,276 91,916 63,515
(Loss)/income from discontinued operations, net of tax (86) 20 (710) (1,324)
Net income $ 26,729 $ 17,296 $ 91,206 $ 62,191
Basic earnings/(loss) per share of common stock:        
Income from continuing operations $ 0.80 $ 0.53 $ 2.77 $ 1.95
Loss from discontinued operations, net of tax 0.00 0.00 (0.02) (0.04)
Net income 0.80 0.53 2.75 1.91
Diluted earnings/(loss) per share of common stock:        
Income from continuing operations 0.79 0.52 2.73 1.90
Loss from discontinued operations, net of tax 0.00 0.00 (0.02) (0.04)
Net income $ 0.79 $ 0.52 $ 2.71 $ 1.86
Weighted average shares outstanding:        
Basic 33,406 32,749 33,130 32,612
Effect of dilutive stock based compensation 486 763 573 839
Diluted 33,892 33,512 33,703 33,451