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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Consolidated Statements of Operations        
Net sales $ 163,999 $ 146,344 $ 320,425 $ 280,059
Cost of sales 99,732 86,178 190,146 164,978
Gross profit 64,267 60,166 130,279 115,081
Operating expenses, net:        
Research and development 26,016 22,553 50,133 44,398
Selling, general, and administrative 22,950 21,466 45,844 41,722
Amortization of intangible assets 2,505 2,976 5,009 6,330
Other operating expense (income), net (27) (81) (47) (36)
Total operating expenses, net 51,444 46,914 100,939 92,414
Operating income 12,823 13,252 29,340 22,667
Interest income 213 235 302 370
Interest expense (2,848) (6,820) (5,740) (13,578)
Income before income taxes 10,188 6,667 23,902 9,459
Income tax expense (benefit) 533 319 917 617
Net income $ 9,655 $ 6,348 $ 22,985 $ 8,842
Income per common share:        
Basic (in dollars per share) $ 0.19 $ 0.13 $ 0.46 $ 0.18
Diluted (in dollars per share) $ 0.18 $ 0.12 $ 0.43 $ 0.17
Weighted average number of shares:        
Basic (in shares) 49,697 48,743 49,702 48,758
Diluted (in shares) 59,455 53,942 59,521 53,539