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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
NET SALES $ 224,810 $ 186,549 $ 427,844 $ 357,618
COST OF SALES 124,801 102,408 239,779 197,535
GROSS PROFIT 100,009 84,141 188,065 160,083
OPERATING EXPENSES:        
Selling, general and administrative 69,095 57,409 134,007 115,180
Research and development 15,316 13,313 29,638 25,838
Contingent consideration expense (benefit) 178 (18) 219 19
Acquired in-process research and development 306 75 306 75
Total operating expenses 84,895 70,779 164,170 141,112
INCOME FROM OPERATIONS 15,114 13,362 23,895 18,971
OTHER INCOME (EXPENSE):        
Interest income 342 89 487 172
Interest expense (3,338) (1,639) (5,736) (4,345)
Gain on bargain purchase 0 (669) 0 11,574
Other income (expense) - net (553) 170 (721) 434
Other income (expense) — net (3,549) (2,049) (5,970) 7,835
INCOME BEFORE INCOME TAXES 11,565 11,313 17,925 26,806
INCOME TAX EXPENSE 624 1,830 1,715 2,520
NET INCOME $ 10,941 $ 9,483 $ 16,210 $ 24,286
EARNINGS PER COMMON SHARE:        
Basic (in dollars per share) $ 0.22 $ 0.19 $ 0.32 $ 0.51
Diluted (in dollars per share) $ 0.21 $ 0.19 $ 0.31 $ 0.50
AVERAGE COMMON SHARES:        
Basic (in shares) 50,473 49,957 50,376 47,406
Diluted (in shares) 52,154 51,188 52,033 48,516