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Consolidated Condensed Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Product revenues $ 263,779 $ 243,378 $ 525,668 $ 492,645
Cost of sales 189,308 165,060 372,652 329,176
Gross margin 74,471 78,318 153,016 163,469
Operating expenses:        
Net research and development expenses 21,022 21,407 44,326 40,912
Selling, general and administrative expenses 31,641 31,775 65,368 62,581
Restructuring expenses 6,215   7,080  
Total operating expenses 58,878 53,182 116,774 103,493
Operating income 15,593 25,136 36,242 59,976
Interest expense (1,240) (1,261) (2,420) (2,383)
Foreign currency gain (loss) 5,174 (13,251) 596 (14,580)
Other income 215 260 1,326 505
Earnings before income tax 19,742 10,884 35,744 43,518
Income tax expense 3,083 2,371 6,119 9,603
Net income $ 16,659 $ 8,513 $ 29,625 $ 33,915
Basic earnings per share $ 0.46 $ 0.23 $ 0.81 $ 0.92
Diluted earnings per share $ 0.45 $ 0.23 $ 0.81 $ 0.92
Weighted average number of shares – basic 36,523,742 36,776,545 36,560,193 36,698,618
Weighted average number of shares – diluted 36,666,999 36,840,371 36,663,226 36,796,168