XML 15 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Products $ 102,092 $ 116,048 $ 193,684 $ 251,242
Services 25,830 26,391 53,466 57,758
Total revenues 127,922 142,439 247,150 309,000
Cost of sales:        
Products 74,991 65,407 141,453 142,329
Services 12,558 14,474 28,536 30,648
Total cost of sales 87,549 79,881 169,989 172,977
Selling, general and administrative 31,179 5,762 56,987 18,983
Engineering and product development 10,308 11,579 22,158 22,480
Total costs and expenses 129,036 97,222 249,134 214,440
Operating income (loss) (1,114) 45,217 (1,984) 94,560
Interest income 1,070 541 2,007 1,023
Interest expense (18) (10) (33) (14)
Income before income taxes (62) 45,748 (10) 95,569
Income tax provision (benefit) (77) 9,611 (120) 22,663
Net income $ 15 $ 36,137 $ 110 $ 72,906
Earnings per common share:        
Basic (in dollars per share) $ 0.00 $ 0.96 $ 0.00 $ 1.94
Diluted (in dollars per share) $ 0.00 $ 0.96 $ 0.00 $ 1.93
Weighted average common shares outstanding:        
Basic (in shares) 37,528 37,564 37,526 37,658
Diluted (in shares) 37,718 37,713 37,706 37,779