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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net revenues:    
Products $ 392,922 $ 153,621
Services 44,231 30,060
Total net revenues 437,153 183,681
Cost of revenues:    
Cost of products 205,060 85,352
Cost of services 26,546 20,416
Total cost of revenues (exclusive of amortization shown separately below) 231,606 105,768
Gross profit 205,547 77,913
Research and development 33,282 17,227
Selling, general and administrative 74,220 33,950
Acquisition and integration costs 1,442 2,494
Restructuring 522 0
Amortization of intangible assets 12,501 1,683
Income from operations 83,580 22,559
Interest income 516 924
Interest expense 8,832 44
Other income 2,021 366
Income before income taxes 77,285 23,805
Provision for income taxes 12,225 6,242
Net income 65,060 17,563
Other comprehensive income:    
Changes in value of financial instruments designated as cash flow hedges, net of tax benefit [1] (2,440) (1,546)
Foreign currency translation adjustments, net of tax of $0 4,534 2,652
Unrecognized pension gain, net of tax expense [2] 115  
Unrealized (loss) gain on investments, net of tax (benefit) expense [3] (126) 378
Total comprehensive income $ 67,143 $ 19,047
Net income per share:    
Basic $ 1.21 $ 0.33
Diluted 1.18 0.33
Cash dividends per common share $ 0.175 $ 0.170
Weighted average common shares outstanding:    
Basic 53,769 53,235
Diluted 54,958 53,563
[1] Tax benefit was $1,831 and $1,041 for the three months ended March 31, 2017 and 2016, respectively.
[2] Tax expense of $86 and $0 for the three months ended March 31, 2017 and 2016, respectively.
[3] Tax (benefit) expense was $(94) and $254 for the three months ended March 31, 2017 and 2016, respectively.