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Consolidated Condensed Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Product revenues $ 259,540 $ 240,056 $ 624,214 $ 741,303
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Cost of sales $ 176,935 $ 165,364 $ 448,807 $ 518,590
Gross margin 82,605 74,692 175,407 222,713
Operating expenses:        
Net research and development expenses 18,070 18,838 51,171 56,990
Selling, general and administrative expenses 25,745 26,861 73,474 91,683
Restructuring expenses 284 8,664 3,452 11,809
Total operating expenses 44,099 54,363 128,097 160,482
Operating income 38,506 20,329 47,310 62,231
Interest expense, net (1,259) (1,148) (3,368) (3,756)
Foreign currency (loss) gain (2,883) 4,083 (5,562) 3,482
Gain on sale of business       4,970
Impairment loss   (837)   (21,206)
Other (loss) income (615) 231 2,531 545
Earnings before income tax 33,749 22,658 40,911 46,266
Income tax expense 9,603 6,771 15,214 19,214
Net income $ 24,146 $ 15,887 $ 25,697 $ 27,052
Basic earnings per share $ 0.74 $ 0.48 $ 0.79 $ 0.81
Diluted earnings per share $ 0.73 $ 0.48 $ 0.78 $ 0.81
Weighted average number of shares – basic 32,623,532 32,838,636 32,631,423 33,282,584
Weighted average number of shares – diluted 32,958,439 32,932,679 32,924,013 33,418,555