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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Sales $ 620,614 $ 717,229 $ 605,674
Cost of sales 303,971 302,911 246,811
Gross Profit 316,643 414,318 358,863
Selling, general and administrative expenses 134,523 124,879 114,699
Research and development expenses 125,951 100,301 90,300
Operating Income 56,169 189,138 153,864
Interest and dividend income 7,657 7,642 6,557
Interest expense (2,347) (2,398) (2,436)
Net realized investment gain 9,550 12,454 11,008
Other income (expense), net 183 (694) (804)
Gain on bargain purchase of a business 1,753    
Income before provision for income taxes 72,965 206,142 168,189
Provision for income taxes (25,702) (67,565) (54,200)
Net Income $ 47,263 $ 138,577 $ 113,989
Weighted average shares outstanding - basic 63,259 64,145 62,490
Weighted average shares outstanding - diluted 63,774 65,416 63,879
Earnings per common share - basic $ 0.75 $ 2.16 $ 1.82
Earnings per common share - diluted $ 0.74 $ 2.12 $ 1.78