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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUE:    
Material sales $ 46,637,000 $ 24,304,000
Royalty and license fees 7,025,000 5,342,000
Contract research services 1,904,000 57,000
Total revenue 55,566,000 29,703,000
COST OF SALES 12,987,000 5,052,000
Gross margin 42,579,000 24,651,000
OPERATING EXPENSES:    
Research and development 11,818,000 10,476,000
Selling, general and administrative 10,077,000 6,660,000
Amortization of acquired technology and other intangible assets 5,492,000 2,750,000
Patent costs 1,547,000 1,344,000
Royalty and license expense 1,587,000 875,000
Total operating expenses 30,521,000 22,105,000
OPERATING INCOME 12,058,000 2,546,000
Interest income, net 671,000 324,000
Other (expense) income, net (19,000)  
Interest and other income, net 652,000 324,000
INCOME BEFORE INCOME TAXES 12,710,000 2,870,000
INCOME TAX EXPENSE (2,345,000) (921,000)
NET INCOME $ 10,365,000 $ 1,949,000
NET INCOME PER COMMON SHARE:    
BASIC $ 0.22 $ 0.04
DILUTED $ 0.22 $ 0.04
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME PER COMMON SHARE:    
BASIC 46,661,559 46,774,360
DILUTED 46,742,894 46,907,558
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 0.03