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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
NET SALES $ 255,532 $ 224,810 $ 493,881 $ 427,844
COST OF SALES 143,568 124,801 277,281 239,779
GROSS PROFIT 111,964 100,009 216,600 188,065
OPERATING EXPENSES:        
Selling, general and administrative 79,977 69,095 158,247 134,007
Research and development 16,332 15,316 32,375 29,638
Intangible asset impairment charge 548 0 548 0
Contingent consideration expense 2,406 178 3,181 219
Acquired in-process research and development 500 306 525 306
Total operating expenses 99,763 84,895 194,876 164,170
INCOME FROM OPERATIONS 12,201 15,114 21,724 23,895
OTHER INCOME (EXPENSE):        
Interest income 342 342 698 487
Interest expense (3,115) (3,338) (5,879) (5,736)
Other expense - net (429) (553) (698) (721)
Total other expense — net (3,202) (3,549) (5,879) (5,970)
INCOME BEFORE INCOME TAXES 8,999 11,565 15,845 17,925
INCOME TAX EXPENSE 2,140 624 2,791 1,715
NET INCOME $ 6,859 $ 10,941 $ 13,054 $ 16,210
EARNINGS PER COMMON SHARE:        
Basic (in dollars per share) $ 0.12 $ 0.22 $ 0.24 $ 0.32
Diluted (in dollars per share) $ 0.12 $ 0.21 $ 0.23 $ 0.31
AVERAGE COMMON SHARES:        
Basic (in shares) 55,017 50,473 54,967 50,376
Diluted (in shares) 56,555 52,154 56,523 52,033