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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
REVENUE $ 77,550 $ 61,683 $ 177,271 $ 219,762
COST OF SALES 16,123 13,465 35,216 37,762
Gross margin 61,427 48,218 142,055 182,000
OPERATING EXPENSES:        
Research and development 13,616 11,596 38,922 34,099
Selling, general and administrative 12,120 11,695 34,473 31,611
Amortization of acquired technology and other intangible assets 5,493 5,498 16,479 16,485
Patent costs 1,937 1,875 5,691 5,096
Royalty and license expense 2,229 1,764 5,028 6,342
Total operating expenses 35,395 32,428 100,593 93,633
OPERATING INCOME 26,032 15,790 41,462 88,367
Interest income, net 2,118 861 5,155 2,328
Other (expense) income, net (7) 6 (66) (7)
Interest and other (expense) income, net 2,111 867 5,089 2,321
INCOME BEFORE INCOME TAXES 28,143 16,657 46,551 90,688
INCOME TAX EXPENSE (5,325) (3,137) (6,960) (19,616)
NET INCOME $ 22,818 $ 13,520 $ 39,591 $ 71,072
NET INCOME PER COMMON SHARE:        
BASIC $ 0.48 $ 0.28 $ 0.83 $ 1.50
DILUTED $ 0.48 $ 0.28 $ 0.83 $ 1.49
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME PER COMMON SHARE:        
BASIC 46,869,998 46,801,051 46,841,036 46,716,726
DILUTED 46,914,553 46,871,720 46,893,768 46,793,429
CASH DIVIDENDS DECLARED PER COMMON SHARE $ 0.06 $ 0.03 $ 0.18 $ 0.09