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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Revenues $ 394,091 $ 321,700 $ 764,066 $ 622,484
Cost of goods sold 138,317 119,053 266,446 342,761
Gross profit 255,774 202,647 497,620 279,723
Operating expenses        
Sales and marketing 45,035 36,456 90,581 69,073
General and administrative 47,409 26,151 95,304 49,422
Research and development 60,601 15,901 108,625 46,433
Total operating expenses 153,045 78,508 294,510 164,928
Gain on sale of assets 0 0 6,254 0
Operating income 102,729 124,139 209,364 114,795
Interest expense 4,862 4,933 9,721 9,924
Investment in equity securities - unrealized loss (gain) 22,537 0 (38,167) 0
Other income (9,044) (4,482) (17,832) (7,713)
Income before income taxes 84,374 123,688 255,642 112,584
Income tax expense 22,301 29,557 62,503 21,260
Net income $ 62,073 $ 94,131 $ 193,139 $ 91,324
Net income per common share:        
Basic (in dollars per share) $ 0.89 $ 1.38 $ 2.80 $ 1.34
Diluted (in dollars per share) $ 0.88 $ 1.33 $ 2.74 $ 1.31
Weighted-average common shares outstanding:        
Basic (in shares) 69,356 68,371 69,056 68,062
Diluted (in shares) 70,601 71,014 70,364 69,957