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v3.8.0.1

Condensed Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2018 | Mar. 31, 2017
REVENUES: |  |
Net sales | $ 372,033 | $ 231,788
Other Revenue, Net | 0 | 15,951
TOTAL REVENUE | 372,033 | 247,739
COST OF GOODS SOLD | 223,032 | 158,794
GROSS PROFIT | 149,001 | 88,945
OPERATING EXPENSES: |  |
Selling, general and administrative | 86,997 | 64,886
Research and development | 12,586 | 11,641
Restructuring and strategic transaction | 21,569 | 29,401
Change in fair value of contingent earn-out | (4,000) | 0
Legal settlement charge | 28,917 | 0
TOTAL OPERATING EXPENSES | 146,069 | 105,928
(LOSS) INCOME FROM OPERATIONS | 2,932 | (16,983)
Bargain purchase gain | 0 | 63,237
Interest Expense | (135) | (513)
OTHER (EXPENSE) INCOME, net | 1,026 | 107
(LOSS) INCOME BEFORE INCOME TAXES | 3,823 | 45,848
BENEFIT (PROVISION) FOR INCOME TAXES | 1,052 | 10,015
NET (LOSS) INCOME | $ 4,875 | $ 55,863
NET (LOSS) INCOME PER SHARE |  |
Basic (in dollars per share) | $ 0.24 | $ 3.03
Diluted (in dollars per share) | $ 0.23 | $ 2.86
WEIGHTED AVERAGE NUMBER OF SHARES |  |
Basic (in shares) | 20,255 | 18,439
Diluted (in shares) | 21,400 | 19,549

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