XML 42 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
NET SALES $ 95,618 $ 86,631
COST OF SALES 51,448 46,846
GROSS PROFIT 44,170 39,785
OPERATING EXPENSES:    
Selling, general, and administrative 29,547 24,591
Research and development 6,441 4,984
Acquired in-process research and development 175 0
Total operating expenses 36,163 29,575
INCOME FROM OPERATIONS 8,007 10,210
OTHER INCOME (EXPENSE):    
Interest income 48 2
Interest expense (112) (425)
Other income (26) 11
Other income (expense) - net (90) (412)
INCOME BEFORE INCOME TAXES 7,917 9,798
INCOME TAX EXPENSE 2,169 3,159
NET INCOME $ 5,748 $ 6,639
EARNINGS PER COMMON SHARE:    
Basic (in dollars per share) $ 0.14 $ 0.19
Diluted (in dollars per share) $ 0.14 $ 0.18
AVERAGE COMMON SHARES:    
Basic (in shares) 41,999 35,593
Diluted (in shares) 42,436 36,254