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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - 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]        
Net sales $ 319,771 $ 467,152 $ 621,743 $ 934,393
Cost of goods sold 212,385 271,776 414,773 544,563
Gross profit 107,386 195,376 206,970 389,830
Operating expenses        
Selling, general and administrative 58,467 67,500 112,202 138,491
Research and development 33,189 34,611 67,153 67,843
Amortization of acquisition related intangible assets 3,854 3,816 7,664 7,668
(Gain) on disposal of fixed assets (82) (105) (4,954) (153)
Restructuring charge 8,250 0 8,250 0
Other operating income 0 (13) (1) (13)
Total operating expense 103,678 105,809 190,314 213,836
Income from operations 3,708 89,567 16,656 175,994
Other income (expense)        
Interest income 4,237 2,224 8,851 3,996
Interest expense (852) (2,189) (1,384) (4,321)
Foreign currency gain (loss), net 799 (2,217) 1,771 (4,110)
Unrealized gain on investments 4,350 12,172 4,720 16,061
Other income 562 1,398 996 1,928
Total other income (expense) 9,096 11,388 14,954 13,554
Income before income taxes and noncontrolling interest 12,804 100,955 31,610 189,548
Income tax provision 2,643 17,224 6,180 33,840
Net income 10,161 83,731 25,430 155,708
Less net income attributable to noncontrolling interest (2,161) (1,711) (3,392) (2,538)
Net income attributable to common stockholders $ 8,000 $ 82,020 $ 22,038 $ 153,170
Earnings per share attributable to common stockholders:        
Basic $ 0.17 $ 1.79 $ 0.48 $ 3.35
Diluted $ 0.17 $ 1.77 $ 0.48 $ 3.31
Number of shares used in earnings per share computation:        
Basic 46,133 45,733 46,083 45,667
Diluted 46,324 46,243 46,320 46,263