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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales $ 288,360 $ 362,609 $ 600,178 $ 704,617
Costs of goods sold 192,463 234,597 401,678 457,091
Gross profit 95,897 128,012 198,500 247,526
Operating expenses:        
Selling and service 28,474 29,115 58,602 57,084
Research and development 8,412 8,012 16,575 15,758
General and administrative 13,564 12,503 27,770 25,651
Amortization of intangible assets 5,980 5,099 11,175 10,444
Gain on remeasurement of contingent consideration   (4,877)   (4,877)
Total operating expenses 56,430 49,852 114,122 104,060
Income from operations 39,467 78,160 84,378 143,466
Other (expense) income:        
Interest expense (10,763) (11,428) (22,031) (23,117)
Investment income 35 42 72 81
Loss on extinguishment of debt (3,427)   (4,795)  
Gain on change in contractual interest rate   16,014   16,014
Other, net (1,840) (366) (3,449) 202
Total other expense, net (15,995) 4,262 (30,203) (6,820)
Income before provision for income taxes 23,472 82,422 54,175 136,646
Provision for income taxes 8,628 28,397 19,646 47,920
Net income $ 14,844 $ 54,025 $ 34,529 $ 88,726
Net income per common share - basic: (in Dollars per share) $ 0.22 $ 0.79 $ 0.50 $ 1.30
Weighted average common shares outstanding - basic: (in Shares) 68,961,877 68,538,251 68,886,672 68,481,682
Net income per common share - diluted: (in Dollars per share) $ 0.21 $ 0.77 $ 0.49 $ 1.27
Weighted average common shares outstanding - diluted: (in Shares) 70,063,063 70,087,976 70,099,940 70,088,438
Comprehensive income $ 15,173 $ 52,730 $ 28,040 $ 87,002