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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
NET REVENUES $ 420,669 $ 415,955 $ 431,755
COST OF REVENUES 207,267 201,167 218,091
GROSS PROFIT 213,402 214,788 213,664
OPERATING EXPENSES:      
Research and development 73,470 70,580 68,501
Sales and marketing 54,297 53,064 51,384
General and administrative 37,582 35,496 36,142
Litigation settlement (168,969) 0 0
Total operating expenses (3,620) 159,140 156,027
INCOME FROM OPERATIONS 217,022 55,648 57,637
OTHER INCOME 5,392 4,116 2,662
INCOME BEFORE INCOME TAXES 222,414 59,764 60,299
PROVISION (BENEFIT) FOR INCOME TAXES 28,946 (10,220) 32,690
NET INCOME $ 193,468 $ 69,984 $ 27,609
EARNINGS PER SHARE:      
Basic $ 6.61 $ 2.38 $ 0.93
Diluted [1] $ 6.49 $ 2.32 $ 0.90
SHARES USED IN PER SHARE CALCULATION:      
Basic 29,267 29,456 29,674
Diluted [1] 29,816 30,147 30,545
[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 included in the 2019, 2018 and 2017 calculations those shares that were contingently issuable upon the satisfaction of the performance conditions as of the end of the respective periods.