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Consolidated Condensed Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Product revenues $ 213,441 $ 206,182 $ 420,350 $ 400,120
Cost of sales 147,736 145,425 288,075 282,338
Gross margin 65,705 60,757 132,275 117,782
Operating expenses:        
Net research and development expenses 14,977 14,550 29,525 27,595
Acquisition transaction expenses       1,075
Selling, general and administrative 24,058 21,693 49,003 39,560
Total operating expenses 39,035 36,243 78,528 68,230
Operating income 26,670 24,514 53,747 49,552
Interest expense (544) (970) (1,108) (1,901)
Revaluation of derivatives loss (53) (340) (1,017) (587)
Foreign currency (loss) gain (107) (320) 328 (1,843)
Gain from equity investment       785
Other income (expense) 262 41 457 (200)
Earnings before income tax 26,228 22,925 52,407 45,806
Income tax expense 6,734 6,502 13,093 12,804
Net income $ 19,494 $ 16,423 $ 39,314 $ 33,002
Basic earnings per share $ 0.54 $ 0.46 $ 1.10 $ 0.94
Diluted earnings per share $ 0.53 $ 0.46 $ 1.08 $ 0.92
Weighted average number of shares – basic 35,970,992 35,360,957 35,870,649 35,213,135
Weighted average number of shares – diluted 36,584,850 36,093,600 36,428,507 35,841,228