XML 19 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
REVENUES:        
Net sales $ 77,139 $ 77,661 $ 152,522 $ 148,999
Other 142 135 270 268
TOTAL REVENUE 77,281 77,796 152,792 149,267
COST OF GOODS SOLD 38,199 41,595 78,745 78,440
Gross profit 39,082 36,201 74,047 70,827
OPERATING EXPENSES:        
Selling, general and administrative 22,806 19,730 43,696 42,593
Research and development 2,729 2,491 5,422 4,543
Legal settlement 0 0 0 (2,500)
Total operating expenses 25,535 22,221 49,118 44,636
Income from operations 13,547 13,980 24,929 26,191
OTHER INCOME(EXPENSE) 145 431 280 834
Income before income taxes 13,692 14,411 25,209 27,025
PROVISION FOR INCOME TAXES (4,543) (4,918) (8,459) (9,459)
NET INCOME $ 9,149 $ 9,493 $ 16,750 $ 17,566
NET INCOME PER SHARE        
Basic (in dollars per share) $ 0.65 $ 0.69 $ 1.19 $ 1.28
Diluted (in dollars per share) $ 0.63 $ 0.67 $ 1.16 $ 1.24
WEIGHTED AVERAGE NUMBER OF SHARES        
Basic (in shares) 14,179 13,852 14,067 13,772
Diluted (in shares) 14,620 14,257 14,484 14,166