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SELECTED QUARTERLY FINANCIAL INFORMATION
 12 Months Ended
Dec. 31, 2025
Quarterly Financial Information Disclosure [Abstract]  
SELECTED QUARTERLY FINANCIAL INFORMATION SELECTED QUARTERLY FINANCIAL INFORMATION
The following table summarizes selected quarterly financial information for 2025 and 2024:
 Quarter Ended
(Unaudited)December 31,December 31,
(In thousands, except for per share data)20252024
Sales$240,067 $208,540 
Gross Profit (Sales Less Cost of Products Sold)$79,971 $62,122 
Income Before Income Taxes$32,244 $576 
Net Income (Loss)$29,615 $(2,832)
Basic Earnings (Loss) Per Share$0.83 $(0.08)
Diluted Earnings (Loss) Per Share$0.78 $(0.08)
R&D Expenses have been reclassified from Cost of Products Sold to a separate line item below Gross Profit. All periods presented have been revised to reflect this presentation.
Income before taxes in 2025 includes a decrease in litigation-related legal expenses and legal reserve adjustments of $9.0 million compared to the prior-year period. Income before taxes in 2024 includes a loss on settlement of debt of $3.2 million.