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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenue $ 452,707 $ 434,124 $ 892,325 $ 840,938
Cost of goods sold 220,156 227,392 441,860 442,885
Gross profit 232,551 206,732 450,465 398,053
Operating expenses:        
Research and development 46,429 43,046 90,990 85,029
Selling, general and administrative 97,456 97,056 205,139 187,308
Loss on sale of business 0 0 10,178 0
Total operating expenses 143,885 140,102 306,307 272,337
Earnings from operations 88,666 66,630 144,158 125,716
Interest expense 3,992 4,472 8,044 8,925
Interest income (656) (355) (1,612) (626)
Other income, net 2,377 (1,027) 158 (1,687)
Earnings before income taxes 82,953 63,540 137,568 119,104
Income tax provision 11,390 12,127 26,810 25,120
Net earnings $ 71,563 $ 51,413 $ 110,758 $ 93,984
Net earnings per share:        
Basic earnings per share (in dollars per share) $ 0.52 $ 0.38 $ 0.80 $ 0.69
Diluted earnings per share (in dollars per share) $ 0.51 $ 0.37 $ 0.79 $ 0.68
Weighted Average Number of Shares Outstanding, Basic 137,749 136,865 138,124 136,613
Weighted Average Number of Shares Outstanding, Diluted 140,149 138,449 140,564 138,266