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QUARTERLY FINANCIAL INFORMATION (unaudited)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (unaudited)
The following tables present certain unaudited condensed consolidated quarterly financial information for each quarter in the years ended December 31, 2013 and 2012. In the Company's opinion, this unaudited quarterly information has been prepared on the same basis as the consolidated financial statements and includes all adjustments necessary to state fairly the information for the periods presented (in thousands, except per share data).
 
 
Year Ended December 31, 2013
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues:
 
 
 
 
 
 
 
 
Product sales
 
$
87,478

 
$
87,470

 
$
87,060

 
$
96,556

Royalties, fees and other
 
4,870

 
4,600

 
4,803

 
5,152

Total revenues
 
92,348

 
92,070

 
91,863

 
101,708

Cost of product sales
 
28,328

 
28,724

 
28,876

 
30,336

Gross profit
 
64,020

 
63,346

 
62,987

 
71,372

Operating expenses:
 
 
 
 
 
 
 
 
Research and development
 
8,445

 
8,659

 
8,433

 
8,428

Sales and marketing
 
30,332

 
30,218

 
29,322

 
32,723

General and administrative
 
7,458

 
8,683

 
8,785

 
8,537

Amortization of intangible assets
 
423

 
505

 
534

 
534

Exit costs
 

 

 

 
695

Investigation and restatement-related costs
 
3,893

 
26,335

 
3,164

 
3,654

Total operating expenses
 
50,551

 
74,400

 
50,238

 
54,571

Income (loss) from operations
 
13,469

 
(11,054
)
 
12,749

 
16,801

Interest and other income (expense), net
 
522

 
(392
)
 
(28
)
 
(952
)
Income (loss) from operations before income taxes
 
13,991

 
(11,446
)
 
12,721

 
15,849

Income tax provision (benefit)
 
2,806

 
(4,667
)
 
2,449

 
4,471

Net income (loss) from operations
 
11,185

 
(6,779
)
 
10,272

 
11,378

Accrued dividend and accretion charges on Series A 3% Redeemable Convertible Preferred Stock
 
(919
)
 
(929
)
 
(940
)
 
(947
)
Net income (loss) attributable to common stockholders
 
10,266

 
(7,708
)
 
9,332

 
10,431

Other comprehensive income
 
 
 
 
 
 
 
 
Foreign currency translation adjustments
 
(1,099
)
 
(344
)
 
1,131

 
133

Total comprehensive income (loss)
 
$
10,086

 
$
(7,123
)
 
$
11,403

 
$
11,511

Weighted-average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
28,055

 
28,081

 
28,374

 
28,480

Diluted
 
28,785

 
28,722

 
28,968

 
29,160

Earnings (loss) per share applicable to common stockholders:
 
 
 
 
 
 
 
 
Basic
 
$
0.31

 
$
(0.27
)
 
$
0.27

 
$
0.30

Diluted
 
$
0.30

 
$
(0.27
)
 
$
0.27

 
$
0.30

 


 
 
Year Ended December 31, 2012
 
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Revenues:
 
 
 
 
 
 
 
 
Product sales
 
$
88,375

 
$
87,471

 
$
82,602

 
$
92,223

Royalties, fees and other
 
4,497

 
4,235

 
4,338

 
4,713

Total revenues
 
92,872

 
91,706

 
86,940

 
96,936

Cost of product sales
 
26,651

 
27,355

 
26,204

 
27,741

Gross profit
 
66,221

 
64,351

 
60,736

 
69,195

Operating expenses:
 
 
 
 
 
 
 
 
Research and development
 
7,594

 
7,899

 
8,184

 
8,469

Sales and marketing
 
30,200

 
28,842

 
27,175

 
29,910

General and administrative
 
8,488

 
8,154

 
8,191

 
8,379

Amortization of intangible assets
 
1,321

 
1,316

 
1,363

 
857

Exit costs
 
160

 
(938
)
 

 

Investigation and restatement-related costs
 
1,093

 
1,131

 
2,139

 
6,442

Total operating expenses
 
48,856

 
46,404

 
47,052

 
54,057

Income from operations
 
17,365

 
17,947

 
13,684

 
15,138

Interest and other income (expense), net
 
386

 
(1,147
)
 
183

 
151

Income from operations before income taxes
 
17,751

 
16,800

 
13,867

 
15,289

Income tax provision
 
4,793

 
4,536

 
3,882

 
4,118

Net income from operations
 
12,958

 
12,264

 
9,985

 
11,171

Accrued dividend and accretion charges on Series A 3% Redeemable Convertible Preferred Stock
 
(879
)
 
(887
)
 
(900
)
 
(909
)
Net income attributable to common stockholders
 
$
12,079

 
$
11,377

 
$
9,085

 
$
10,262

Other comprehensive income
 
 
 
 
 
 
 
 
Foreign currency translation adjustments
 
392

 
(778
)
 
951

 
120

Total comprehensive income
 
$
13,350

 
$
11,486

 
$
10,936

 
$
11,291

Weighted-average shares outstanding:
 
 
 
 
 
 
 
 
Basic
 
27,614

 
27,639

 
27,714

 
27,912

Diluted
 
27,987

 
27,934

 
28,087

 
28,341

Earnings per share applicable to common stockholders:
 
 
 
 
 
 
 
 
Basic
 
$
0.36

 
$
0.34

 
$
0.27

 
$
0.30

Diluted
 
$
0.36

 
$
0.34

 
$
0.27

 
$
0.30