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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
REVENUES:        
Revenue from Contract with Customer, Excluding Assessed Tax $ 336,060 $ 318,567 $ 975,783 $ 950,553
Cost of goods sold 208,269 204,643 611,783 608,930
Gross Profit 127,791 113,924 364,000 341,623
OPERATING EXPENSES:        
Selling, general and administrative 74,815 70,854 221,127 210,401
Research and development 12,238 10,126 34,332 31,151
Restructuring, strategic transaction and integration 2,358 4,114 8,994 22,903
Change in fair value of contingent earn-out 0 4,300 0 7,000
contract settlement 0 (1,000) 127 (975)
TOTAL OPERATING EXPENSES 89,411 88,394 264,580 270,480
INCOME FROM OPERATIONS 38,380 25,530 99,420 71,143
Interest Expense (168) (616) (492) (1,583)
OTHER INCOME (EXPENSE), net (287) 1,252 921 (2,175)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 37,925 26,166 99,849 67,385
PROVISION FOR INCOME TAXES (6,844) (1,180) (16,639) (6,657)
NET INCOME $ 31,081 $ 24,986 $ 83,210 $ 60,728
NET INCOME PER SHARE        
Basic (in dollars per share) $ 1.47 $ 1.19 $ 3.93 $ 2.91
Diluted (in dollars per share) $ 1.43 $ 1.16 $ 3.83 $ 2.82
WEIGHTED AVERAGE NUMBER OF SHARES        
Basic (in shares) 21,214 20,948 21,189 20,870
Diluted (in shares) 21,730 21,556 21,735 21,561