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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
(in thousands except shares and per share data)
 
 
 
Three months ended March 31,
 
2017
 
2016
Basic earnings (loss) per share computation:
 

 
 

Net income (loss) - basic
$
831

 
$
(950
)
Weighted average common shares - basic
53,195,580

 
53,031,351

Basic earnings (loss) per share
$
0.02

 
$
(0.02
)
Dilutive earnings (loss) per share computation:
 

 
 

Net income (loss) - basic
$
831

 
$
(950
)
Net income (loss) - diluted
$
831

 
$
(950
)
Share Computation:
 

 
 

Weighted average common shares - basic
53,195,580

 
53,031,351

Effect of dilutive stock options and RSU's

 

Effect of convertible 3.75% senior notes

 

Weighted average common shares outstanding - diluted
53,195,580

 
53,031,351

Diluted earnings (loss) per share
$
0.02

 
$
(0.02
)
Product Sales, Net
Product Sales, net, include Company Product Sales and Contract Manufacturing Sales, as follows:

Product Sales, Net
(in thousands)
 
 
Three months ended March 31,
 
2017
 
2016
Company product sales
$
16,436

 
$
9,191

Contract manufacturing sales
3,417

 
6,231

Product sales, net
$
19,853

 
$
15,422

Gross-To-Net Sales Deductions
Gross-To-Net Sales Deductions
(in thousands)
 
Three months ended March 31,
 
2017
 
2016
Gross Company product sales
$
54,300

 
$
26,823

Reduction to gross Company product sales:
 

 
 

Chargebacks and billbacks
30,015

 
12,345

Sales discounts and other allowances
7,849

 
5,287

Total reduction to gross product sales
37,864

 
17,632

 
 
 
 
Company product sales, net
$
16,436

 
$
9,191

Schedule Of Property, Plant and Equipment Useful Lives
Depreciation and amortization of property, plant and equipment is provided for under the straight-line method over the assets’ estimated useful lives as follows:
    
 
Useful Lives
Buildings and Improvements
10 - 30 years
Machinery and Equipment
3 - 10 years