Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2026

Segment Reporting

Schedule of segment revenue and significant segment expenses

The following represents total segment revenue and significant segment expenses for the periods indicated (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2026		2025		2026		2025
Net sales	$	418,843	$	382,462	$	800,720	$	737,813
Cost of sales standard(1)		158,509		152,052		305,525		294,856
Cost of sales other(2)		45,168		45,923		95,232		86,450
Selling and marketing expenses		75,182		65,771		149,139		130,700
General and administrative expenses		54,047		47,326		98,300		89,883
Research and development expenses		25,389		24,367		47,998		46,845
Other operating expenses(3)		145		143		(34)		1,166
Other (income) expense — net		9,089		3,501		(300)		6,576
Income tax expense		12,511		10,798		25,062		18,609
Net income	$	38,803	$	32,581	$	79,798	$	62,728

(1) Cost of sales standard represents costs of goods sold measured at the internal standard cost for production of inventory. Inventory standard costs include material, labor and manufacturing overhead.

(2) Cost of sales other includes amortization expense associated with our developed technology and license agreement intangible assets, freight and handling associated with shipments to customers, provisions based on estimated excess, slow moving and obsolete inventories, manufacturing and price variances, and royalties.

(3) Other operating expenses include contingent consideration expense (benefit) related to the changes in fair value of contingent payments associated with acquisitions.