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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Net sales $ 143,685 $ 96,608 $ 279,744 $ 180,545
Cost of sales 95,495 59,273 189,442 112,951
Gross margin 48,190 37,335 90,302 67,594
Selling and administrative expenses 26,837 23,709 51,336 44,683
Research and development expenses 6,175 5,879 12,196 9,422
Operating income 15,178 7,747 26,770 13,489
Equity income in unconsolidated joint ventures 1,323 1,757 2,751 3,975
Other income, net 280 1,055 1,629 1,864
Realized investment loss, net:        
Increase (decrease) in fair value of investments 602 (232) 699 644
Less: Portion of gains (losses) in other comprehensive income 573 (112) 667 816
Net realized gain (loss) 29 (120) 32 (172)
Interest income (expense), net (1,265) (3) (2,843) 103
Income before income taxes 15,545 10,436 28,339 19,259
Income tax expense 3,417 2,123 6,776 4,092
Net income $ 12,128 $ 8,313 $ 21,563 $ 15,167
Net income per share:        
Basic $ 0.76 $ 0.53 $ 1.35 $ 0.96
Diluted $ 0.73 $ 0.52 $ 1.30 $ 0.95
Shares used in computing:        
Basic 15,944,483 15,785,656 15,918,979 15,777,176
Diluted 16,678,377 15,985,195 16,603,543 15,940,857