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Consolidated Condensed Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Product revenues $ 288,535 $ 228,613
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember
Cost of sales $ 200,866 $ 162,546
Gross margin 87,669 66,067
Operating expenses:    
Net research and development expenses 17,603 17,760
Selling, general and administrative expenses 28,526 25,840
Restructuring expenses 791 3,766
Total operating expenses 46,920 47,366
Operating income 40,749 18,701
Interest expense, net (1,039) (748)
Foreign currency gain (loss) 773 (938)
Other (loss) income (9) 264
Earnings before income tax 40,474 17,279
Income tax expense 7,565 5,406
Net income $ 32,909 $ 11,873
Basic earnings per share $ 1.00 $ 0.36
Diluted earnings per share $ 0.99 $ 0.36
Weighted average number of shares – basic 32,945,970 32,692,895
Weighted average number of shares – diluted 33,389,591 32,869,149