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Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
REVENUES:        
Net sales $ 77,661 $ 68,710 $ 148,999 $ 132,922
Other 135 152 268 303
TOTAL REVENUE 77,796 68,862 149,267 133,225
COST OF GOODS SOLD 41,595 36,735 78,440 74,171
Gross profit 36,201 32,127 70,827 59,054
OPERATING EXPENSES:        
Selling, general and administrative 19,730 19,372 42,593 39,027
Research and development 2,491 952 4,543 1,870
Legal settlement 0 0 (2,500) 0
Total operating expenses 22,221 20,324 44,636 40,897
Income from operations 13,980 11,803 26,191 18,157
OTHER INCOME 431 63 834 255
Income before income taxes 14,411 11,866 27,025 18,412
PROVISION FOR INCOME TAXES (4,918) (4,153) (9,459) (6,444)
NET INCOME $ 9,493 $ 7,713 $ 17,566 $ 11,968
NET INCOME PER SHARE        
Basic (in dollars per share) $ 0.69 $ 0.57 $ 1.28 $ 0.88
Diluted (in dollars per share) $ 0.67 $ 0.56 $ 1.24 $ 0.86
WEIGHTED AVERAGE NUMBER OF SHARES        
Basic (in shares) 13,852 13,469 13,772 13,665
Diluted (in shares) 14,257 13,657 14,166 13,888