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Consolidated Condensed Statements of (Loss) Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Product revenues $ 353,854 $ 356,015
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember
Cost of sales $ 267,389 $ 267,262
Gross margin 86,465 88,753
Operating expenses:    
Net research and development expenses 24,216 22,745
Selling, general and administrative expenses 38,478 40,721
Restructuring expenses, net 4,514 7,238
Loss on sale of land and building, net 2,196  
Total operating expenses 69,404 70,704
Operating income 17,061 18,049
Interest expense, net (3,555) (3,244)
Foreign currency (loss) gain (10,298) 2,549
Other (loss) income (1,124) 973
Earnings before income tax 2,084 18,327
Income tax expense 2,212 3,542
Net (loss) income $ (128) $ 14,785
Basic (loss) earnings per share $ 0 $ 0.47
Diluted (loss) earnings per share $ 0 $ 0.47
Weighted average number of shares – basic 30,778,752 31,543,784
Weighted average number of shares – diluted 30,778,752 31,691,331