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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES:    
Revenue from Contract with Customer, Excluding Assessed Tax $ 318,046 $ 328,607
Cost of goods sold 205,366 207,192
Gross Profit 112,680 121,415
OPERATING EXPENSES:    
Selling, general and administrative 72,391 72,305
Research and development 10,709 10,746
Restructuring, strategic transaction and integration 2,883 12,307
Change in fair value of contingent earn-out 0 0
contract settlement 127 0
TOTAL OPERATING EXPENSES 86,110 95,358
INCOME FROM OPERATIONS 26,570 26,057
Interest Expense (161) (196)
OTHER INCOME (EXPENSE), net 683 (5,480)
INCOME BEFORE INCOME TAXES 27,092 20,381
PROVISION FOR INCOME TAXES (3,361) (3,547)
NET INCOME $ 23,731 $ 16,834
NET INCOME PER SHARE    
Basic (in dollars per share) $ 1.12 $ 0.81
Diluted (in dollars per share) $ 1.09 $ 0.78
WEIGHTED AVERAGE NUMBER OF SHARES    
Basic (in shares) 21,149 20,780
Diluted (in shares) 21,695 21,507