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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
NET SALES $ 91,249 $ 74,948 $ 177,880 $ 142,380
COST OF SALES 48,765 42,490 95,611 81,487
GROSS PROFIT 42,484 32,458 82,269 60,893
OPERATING EXPENSES:        
Selling, general, and administrative 26,175 19,939 50,766 38,971
Research and development 5,462 3,742 10,446 6,799
Total operating expenses 31,637 23,681 61,212 45,770
INCOME FROM OPERATIONS 10,847 8,777 21,057 15,123
OTHER INCOME (EXPENSE):        
Interest income 14 12 16 20
Interest expense (311) (15) (736) (50)
Other income - net 68 65 79 76
Other income (expense) - net (229) 62 (641) 46
INCOME BEFORE INCOME TAXES 10,618 8,839 20,416 15,169
INCOME TAX EXPENSE 3,746 3,124 6,905 4,946
NET INCOME $ 6,872 $ 5,715 $ 13,511 $ 10,223
EARNINGS PER COMMON SHARE:        
Basic (in dollars per share) $ 0.19 $ 0.16 $ 0.37 $ 0.29
Diluted (in dollars per share) $ 0.18 $ 0.16 $ 0.37 $ 0.28
AVERAGE COMMON SHARES:        
Basic (in shares) 36,804 35,243 36,199 35,230
Diluted (in shares) 37,677 35,911 36,966 35,925