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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES:    
Revenue from Contract with Customer, Excluding Assessed Tax $ 328,607 $ 330,932
Cost of goods sold 207,192 195,629
Gross Profit 121,415 135,303
OPERATING EXPENSES:    
Selling, general and administrative 72,305 72,633
Research and development 10,746 12,823
Restructuring, strategic transaction and integration 12,307 24,392
Change in fair value of contingent earn-out 0 (7,700)
contract settlement 0 2,783
TOTAL OPERATING EXPENSES 95,358 104,931
INCOME (LOSS) FROM OPERATIONS 26,057 30,372
Interest Expense (196) (133)
OTHER INCOME (EXPENSE), net (5,480) 3,191
INCOME BEFORE INCOME TAXES 20,381 33,430
(PROVISION) BENEFIT FOR INCOME TAXES (3,547) (2,432)
NET INCOME $ 16,834 $ 30,998
NET INCOME (LOSS) PER SHARE    
Basic (in dollars per share) $ 0.81 $ 1.51
Diluted (in dollars per share) $ 0.78 $ 1.44
WEIGHTED AVERAGE NUMBER OF SHARES    
Basic (in shares) 20,780 20,527
Diluted (in shares) 21,507 21,551