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Consolidated Condensed Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Product revenues $ 257,921 $ 264,586
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember
Cost of sales $ 182,614 $ 183,344
Gross margin 75,307 81,242
Operating expenses:    
Net research and development expenses 18,897 23,304
Selling, general and administrative expenses 32,613 36,424
Acquisition transaction expenses 38  
Restructuring expenses 1,914 865
Total operating expenses 53,462 60,593
Operating income 21,845 20,649
Interest expense (1,368) (1,180)
Foreign currency gain (loss) 203 (4,578)
Gain on sale of business 4,970  
Impairment loss (10,484)  
Other income 143 1,111
Earnings before income tax 15,309 16,002
Income tax expense 6,895 3,036
Net income $ 8,414 $ 12,966
Basic earnings per share $ 0.25 $ 0.35
Diluted earnings per share $ 0.25 $ 0.35
Weighted average number of shares – basic 33,573,411 36,766,411
Weighted average number of shares – diluted 33,733,335 36,873,407