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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net Sales $ 40,670 $ 24,851 $ 76,553 $ 55,402
Cost of sales 13,909 7,822 25,993 17,890
Gross profit 26,761 17,029 50,560 37,512
Sales and marketing 6,803 4,686 13,269 12,631
General and administrative 6,200 5,332 12,744 10,523
Research and development 2,652 2,139 5,496 5,133
Total operating expenses 15,655 12,157 31,509 28,287
Income from operations 11,106 4,872 19,051 9,225
Other income (expense):        
Interest income 1 74 2 179
Interest expense (495) (66) (1,072) (66)
Foreign currency gain (loss) (157) (113) (33) (291)
Income before income taxes 10,455 4,767 17,948 9,047
Provision for income taxes 2,156 1,267 3,720 2,373
Net income $ 8,299 $ 3,500 $ 14,228 $ 6,674
Earnings per share of common stock:        
Basic (in dollars per share) $ 0.40 $ 0.17 $ 0.69 $ 0.33
Diluted (in dollars per share) $ 0.40 $ 0.17 $ 0.68 $ 0.33
Weighted-average shares outstanding:        
Basic (in shares) 20,611 20,180 20,579 20,174
Diluted (in shares) 20,959 20,399 20,900 20,415
Cash dividends declared per common share (in dollars per share) $ 0.110 $ 0.095 $ 0.220 $ 0.190