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Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net Revenues:      
Products $ 1,134,013 $ 697,104 $ 673,819
Services 161,329 116,420 107,050
Total net revenues 1,295,342 813,524 780,869
Cost of revenues:      
Cost of products 627,850 373,764 374,200
Cost of service 101,873 76,888 68,903
Total cost of revenues (exclusive of amortization shown separately below) 729,723 450,652 443,103
Gross profit 565,619 362,872 337,766
Research and development 110,579 68,305 62,888
Selling, general and administrative 229,171 129,087 131,828
Acquisition and integration costs 27,279 30 499
Restructuring 642 2,074 2,464
Asset impairment 5,000    
Amortization of intangible assets 35,681 6,764 4,945
Income from operations 157,267 156,612 135,142
Interest income 2,560 2,999 1,323
Interest expense 30,611 143 72
Other expense, net 1,239    
Income before income taxes 127,977 159,468 136,393
Provision for income taxes 23,168 37,171 20,615
Net income 104,809 122,297 115,778
Other comprehensive income:      
Changes in value of financial instruments designated as cash flow hedges, net of tax expense (benefit) [1] 3,380 (469) 1,210
Foreign currency translation adjustments, net of tax of $0 for 2016, 2015 and 2014 (22,713) (8,301) (14,707)
Unrecognized pension loss, net of tax benefit [2] (266)    
Unrealized gain (loss) on investments, net of tax expense (benefit) [3] 223 (317) (460)
Total comprehensive income $ 85,433 $ 113,210 $ 101,821
Net income per share:      
Basic $ 1.96 $ 2.30 $ 2.17
Diluted 1.94 2.28 2.16
Cash dividends paid per common share $ 0.680 $ 0.675 $ 0.655
Weighted average common shares outstanding:      
Basic 53,472 53,282 53,232
Diluted 54,051 53,560 53,515
[1] Tax expense (benefit) was $2,535, $(85) and $144 for the years ended December 31, 2016, 2015 and 2014, respectively.
[2] Tax benefit was $(199) for the year ended December 31, 2016 and $0 for 2015 and 2014.
[3] Tax expense (benefit) was $167, $(58), and $(55) for the years ended December 31, 2016, 2015 and 2014, respectively.