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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net sales $ 887,668 $ 801,090 $ 2,692,258 $ 2,160,049
Cost of sales 442,357 424,915 1,402,055 1,361,403
Gross profit 445,311 376,175 1,290,203 798,646
Operating expenses:        
Selling, general and administrative 46,293 50,172 138,680 140,528
Research and development 50,197 41,190 144,876 108,445
Production start-up 26,822 12,059 69,681 54,930
Litigation loss 0 0 430 35,590
Total operating expenses 123,312 103,421 353,667 339,493
Gain on sales of businesses, net 0 211 1,115 329
Operating income 321,999 272,965 937,651 459,482
Foreign currency loss, net (5,158) (987) (17,665) (11,586)
Interest income 22,580 23,254 74,424 74,102
Interest expense, net (9,008) (3,734) (27,983) (5,897)
Other expense, net (3,071) (1,033) (6,435) (1,492)
Income before taxes 327,342 290,465 959,992 514,609
Income tax expense (14,386) (22,067) (61,064) (33,071)
Net income $ 312,956 $ 268,398 $ 898,928 $ 481,538
Net income per share:        
Basic $ 2.92 $ 2.51 $ 8.40 $ 4.51
Diluted $ 2.91 $ 2.50 $ 8.36 $ 4.49
Weighted-average number of shares used in per share calculations:        
Basic 107,049 106,834 107,015 106,795
Diluted 107,562 107,498 107,514 107,326