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Condensed Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUES:        
TOTAL REVENUES $ 596,455 $ 549,310 $ 1,163,110 $ 1,117,959
Cost of goods sold 389,027 356,983 770,438 733,591
Gross Profit 207,428 192,327 392,672 384,368
OPERATING EXPENSES:        
Selling, general and administrative 159,549 150,895 317,206 303,467
Research and development 23,390 22,302 45,232 42,063
Restructuring, strategic transaction and integration 17,136 12,354 33,241 23,367
Change in fair value of contingent earn-out (339) 4,016 (44) 3,316
TOTAL OPERATING EXPENSES 199,736 189,567 395,635 372,213
(LOSS) INCOME FROM OPERATIONS 7,692 2,760 (2,963) 12,155
Interest Expense,net (23,841) (24,121) (47,613) (46,636)
OTHER EXPENSE, net (3,384) (1,502) (5,725) (1,771)
Loss before income taxes (19,533) (22,863) (56,301) (36,252)
BENEFIT FOR INCOME TAXES (1,873) 12,929 (4,576) 16,506
NET LOSS $ (21,406) $ (9,934) $ (60,877) $ (19,746)
NET LOSS PER SHARE        
Basic (in dollars per share) $ (0.88) $ (0.41) $ (2.51) $ (0.82)
Diluted (in dollars per share) $ (0.88) $ (0.41) $ (2.51) $ (0.82)
WEIGHTED AVERAGE NUMBER OF SHARES        
Basic (in shares) 24,393 24,075 24,295 24,045
Diluted (in shares) 24,393 24,075 24,295 24,045