XML 33 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
REVENUES:        
Net sales $ 76,317 $ 75,589 $ 225,316 $ 208,511
Other 141 148 409 451
TOTAL REVENUE 76,458 75,737 225,725 208,962
COST OF GOODS SOLD 40,884 41,705 119,324 115,876
Gross profit 35,574 34,032 106,401 93,086
OPERATING EXPENSES:        
Selling, general and administrative 20,411 18,341 63,004 57,368
Research and development 1,877 1,067 6,420 2,937
Legal settlement 0 0 (2,500) 0
Total operating expenses 22,288 19,408 66,924 60,305
Income from operations 13,286 14,624 39,477 32,781
OTHER INCOME(EXPENSE) 132 (215) 966 40
Income before income taxes 13,418 14,409 40,443 32,821
PROVISION FOR INCOME TAXES (4,157) (5,434) (13,616) (11,878)
NET INCOME $ 9,261 $ 8,975 $ 26,827 $ 20,943
NET INCOME PER SHARE        
Basic (in dollars per share) $ 0.66 $ 0.67 $ 1.94 $ 1.54
Diluted (in dollars per share) $ 0.65 $ 0.65 $ 1.89 $ 1.51
WEIGHTED AVERAGE NUMBER OF SHARES        
Basic (in shares) 13,932 13,489 13,826 13,605
Diluted (in shares) 14,184 13,752 14,169 13,838