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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Income Statement [Abstract]        
Net sales [1] $ 160,366 $ 163,052 $ 488,515 $ 463,187
Cost of sales 100,836 98,504 306,041 287,583
Gross margin 59,530 64,548 182,474 175,604
Selling, general and administrative expenses 29,190 30,182 98,363 92,279
Research and development expenses 7,285 5,977 20,446 17,259
Operating income 23,055 28,389 63,665 66,066
Equity income in unconsolidated joint ventures 877 953 2,187 2,992
Other income (expense), net (756) (107) (1,404) (1,374)
Interest expense, net (1,126) (698) (3,435) (2,167)
Income before income tax expense 22,050 28,537 61,013 65,517
Income tax expense 9,595 8,149 21,392 19,647
Net income $ 12,455 $ 20,388 $ 39,621 $ 45,870
Basic earnings per share (in dollars per share) $ 0.68 $ 1.12 $ 2.14 $ 2.53
Diluted earnings per share (in dollars per share) $ 0.67 $ 1.09 $ 2.10 $ 2.46
Shares used in computing:        
Basic net income per share (shares) 18,430 18,259 18,511 18,123
Diluted net income per share (shares) 18,650 18,734 18,885 18,657
[1] Net sales were allocated to countries based on the location of the customer.