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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Statement [Abstract]        
NET REVENUES $ 111,255 $ 101,625 $ 323,506 $ 287,232
COST OF REVENUES 55,542 51,783 163,870 145,117
GROSS PROFIT 55,713 49,842 159,636 142,115
OPERATING EXPENSES:        
Research and development 17,340 15,906 51,321 46,544
Sales and marketing 12,768 12,029 38,128 35,453
General and administrative 9,546 8,789 27,015 24,772
Total operating expenses 39,654 36,724 116,464 106,769
INCOME FROM OPERATIONS 16,059 13,118 43,172 35,346
OTHER INCOME 895 282 1,866 779
INCOME BEFORE INCOME TAXES 16,954 13,400 45,038 36,125
PROVISION FOR INCOME TAXES 448 591 531 1,530
NET INCOME $ 16,506 $ 12,809 $ 44,507 $ 34,595
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.55 $ 0.44 $ 1.50 $ 1.20
Diluted (in dollars per share) [1] $ 0.54 $ 0.43 $ 1.46 $ 1.17
SHARES USED IN PER SHARE CALCULATION:        
Basic (in shares) 29,759 28,972 29,646 28,834
Diluted (in shares) 30,614 29,625 30,472 29,480
[1] The Company includes the shares underlying performance-based awards in the calculation of diluted earnings per share if the performance conditions have been satisfied as of the end of the reporting period and excludes such shares when the necessary conditions have not been met. The Company has excluded the shares underlying the outstanding performance-based awards in the 2017 and 2016 calculations as the shares were not contingently issuable as of the end of the reporting periods.