XML 13 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Revenue $ 439,618 $ 406,814
Cost of goods sold 221,704 215,493
Gross profit 217,914 191,321
Operating expenses:    
Research and development 44,561 41,983
Selling, general and administrative 107,683 90,252
Loss on sale of business 10,178 0
Total operating expenses 162,422 132,235
Earnings from operations 55,492 59,086
Interest expense 4,052 4,453
Interest income (956) (271)
Other income, net (2,219) (660)
Earnings before income taxes 54,615 55,564
Income tax provision 15,420 12,993
Net earnings $ 39,195 $ 42,571
Net earnings per share:    
Basic earnings per share (in dollars per share) $ 0.28 $ 0.31
Diluted earnings per share (in dollars per share) $ 0.28 $ 0.31
Weighted Average Number of Shares Outstanding, Basic 138,504 136,359
Weighted Average Number of Shares Outstanding, Diluted 140,994 138,239