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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net sales $ 201,424 $ 157,489 $ 405,252 $ 318,056
Cost of sales 120,878 97,290 244,356 197,349
Gross margin 80,546 60,199 160,896 120,707
Selling, general and administrative expenses 39,567 34,369 73,731 64,229
Research and development expenses 7,141 7,074 14,102 13,622
Restructuring charges 1,079 0 1,805 0
Gain on sale of long-lived asset 0 0 (942) 0
Operating income 32,759 18,756 72,200 42,856
Equity income in unconsolidated joint ventures 966 708 1,976 1,321
Other income (expense), net (185) 191 530 (356)
Interest expense, net (1,947) (1,115) (3,195) (2,236)
Income before income tax expense 31,593 18,540 71,511 41,585
Income tax expense 10,697 13,163 23,583 21,280
Net income $ 20,896 $ 5,377 $ 47,928 $ 20,305
Basic earnings per share (in dollars per share) $ 1.15 $ 0.30 $ 2.65 $ 1.13
Diluted earnings per share (in dollars per share) $ 1.13 $ 0.29 $ 2.60 $ 1.11
Shares used in computing:        
Basic earnings per share (shares) 18,140 18,007 18,098 17,986
Diluted earnings per share (shares) 18,547 18,253 18,460 18,234