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Consolidated Condensed Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Income Statement [Abstract]    
Product revenues $ 215,714 $ 206,909
Cost of sales 147,472 140,339
Gross margin 68,242 66,570
Operating expenses:    
Net research and development expenses 15,696 14,548
Acquisition transaction expenses 37  
Selling, general and administrative 22,624 24,945
Total operating expenses 38,357 39,493
Operating income 29,885 27,077
Interest expense (677) (564)
Revaluation of derivatives loss   (964)
Foreign currency gain (loss) (1,835) 435
Other income 365 195
Earnings before income tax 27,738 26,179
Income tax expense 15,845 6,359
Net income $ 11,893 $ 19,820
Basic earnings per share $ 0.33 $ 0.55
Diluted earnings per share $ 0.33 $ 0.55
Weighted average number of shares – basic 36,356,973 35,769,190
Weighted average number of shares – diluted 36,550,863 36,244,695