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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Income Statement [Abstract]    
Net sales $ 149,435 $ 116,155
Cost of sales (88,242) (71,024)
Gross profit 61,193 45,131
Operating expenses (46,444) (41,444)
Adjustment to bargain purchase gain on business acquisition   (33)
Operating income 14,749 3,654
Change in fair value of an equity investment 83 1,066
Other income   672
Interest expense, net (398) (946)
Income before provision for income taxes and loss on equity method investment 14,434 4,446
Income tax expense (4,499) (1,362)
Income before loss from equity method investment 9,935 3,084
Loss from equity method investment   (13)
Net income $ 9,935 $ 3,071
Earnings per common share—basic $ 0.33 $ 0.10
Earnings per common share—assuming dilution $ 0.33 $ 0.10
Weighted average shares outstanding—basic 29,677 29,737
Weighted average shares outstanding—assuming dilution 30,349 30,523