XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
Net sales $ 214,623 $ 173,132 $ 653,415 $ 536,259
Cost of sales 145,610 118,957 446,109 369,254
Gross profit 69,013 54,175 207,306 167,005
Operating expenses:        
Selling, general and administrative expenses 41,009 36,142 123,012 105,548
Research and development expenses 6,051 4,267 18,434 13,345
Restructuring costs 680 3,397 3,776 6,591
Total operating expenses 47,740 43,806 145,222 125,484
Income from operations 21,273 10,369 62,084 41,521
Other non-operating income and expense:        
Interest expense, net 1,811 2,815 5,547 8,615
Other non-operating expense (income), net 696 45 30 (438)
Loss on extinguishment of convertible debt     1,797  
Total other non-operating (income) expense, net 2,507 2,860 7,374 8,177
Income before income taxes 18,766 7,509 54,710 33,344
Provision for income taxes 5,489 2,196 15,723 9,872
Net income $ 13,277 $ 5,313 $ 38,987 $ 23,472
Weighted average shares, basic 29,008 25,726 28,912 25,684
Weighted average shares, diluted 29,074 26,021 29,001 25,813
Net income per share:        
Basic net income $ 0.46 $ 0.21 $ 1.35 $ 0.91
Diluted net income 0.46 0.20 1.34 0.91
Cash dividend declared $ 0.17 $ 0.15 $ 0.49 $ 0.45