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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Revenues, net $ 280,734 $ 220,920 $ 549,081 $ 448,298
Cost of sales (exclusive of amortization of intangibles, included within operating expenses below) 108,961 92,513 214,291 189,728
GROSS PROFIT 171,773 128,407 334,790 258,570
Selling, general and administrative expenses 53,971 35,208 103,057 65,194
Acquisition-related costs 136 225 333 1,482
Research and development expenses 8,868 10,588 18,347 19,864
Amortization of intangible assets 16,430 16,284 32,948 32,661
Impairment of intangible assets 0 0 158 0
TOTAL OPERATING EXPENSES 79,405 62,305 154,843 119,201
OPERATING INCOME 92,368 66,102 179,947 139,369
Amortization of deferred financing costs (1,872) (1,026) (8,183) (2,022)
Interest expense, net (10,768) (13,235) (22,286) (26,715)
Bargain purchase gain 0 0 0 849
Other non-operating income (expense), net 547 (1,483) (2,631) (2,795)
INCOME BEFORE INCOME TAXES 80,275 50,358 146,847 108,686
Income tax provision 18,282 17,850 42,968 38,640
CONSOLIDATED NET INCOME $ 61,993 $ 32,508 $ 103,879 $ 70,046
CONSOLIDATED NET INCOME PER SHARE        
CONSOLIDATED NET INCOME, BASIC (in Dollars per share) $ 0.51 $ 0.28 $ 0.86 $ 0.61
CONSOLIDATED NET INCOME, DILUTED (in Dollars per share) $ 0.50 $ 0.27 $ 0.83 $ 0.57
SHARES USED IN COMPUTING NET INCOME PER SHARE        
BASIC (in Shares) 121,374 115,808 120,401 114,587
DILUTED (in Shares) 125,924 125,919 125,934 125,650
COMPREHENSIVE INCOME        
Consolidated net income $ 61,993 $ 32,508 $ 103,879 $ 70,046
Unrealized holding gain on available-for-sale securities, net of tax of ($961) and ($53) for the three month periods ended June 30, 2016 and 2015, and ($575) and ($112) for the six month periods ended June 30, 2016 and 2015, respectively. 1,629 89 975 190
Foreign currency translation (loss) gain, net of tax of $844 and $49 for the three month periods ended June 30, 2016 and 2015 and $397 and ($984) for the six month periods ended June 30, 2016 and 2015, respectively. (1,308) (95) (439) 1,913
Pension liability adjustment, net of tax of $694 for the three and six month period ended June 30, 2016, respectively. (2,727) 0 (2,727) 0
COMPREHENSIVE INCOME $ 59,587 $ 32,502 $ 101,688 $ 72,149