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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)(unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Product revenue $ 15,414,681 $ 13,720,929 $ 26,474,840 $ 25,362,979
Licensing, milestone and contract revenue 726,171 778,871 1,403,691 1,602,908
Total revenue 16,140,852 14,499,800 27,878,531 26,965,887
Operating expenses:        
Cost of product revenue 6,655,804 5,891,752 12,260,366 11,015,427
Research & development 1,574,155 1,836,653 3,106,820 3,712,297
Selling, general & administrative 4,233,316 4,967,346 8,277,090 9,256,324
Total operating expenses 12,463,275 12,695,751 23,644,276 23,984,048
Income from operations 3,677,577 1,804,049 4,234,255 2,981,839
Interest income (expense), net (45,281) (59,287) (86,202) (109,207)
Income before income taxes 3,632,296 1,744,762 4,148,053 2,872,632
Provision for income taxes 1,349,655 678,010 1,541,001 1,091,600
Net income 2,282,641 1,066,752 2,607,052 1,781,032
Basic net income per share:        
Net income $ 0.18 $ 0.08 $ 0.21 $ 0.14
Basic weighted average common shares outstanding 12,725,216 12,645,889 12,707,143 12,630,398
Diluted net income per share:        
Net income $ 0.17 $ 0.08 $ 0.19 $ 0.13
Diluted weighted average common shares outstanding 13,739,836 13,642,323 13,741,337 13,637,309
Net income 2,282,641 1,066,752 2,607,052 1,781,032
Other comprehensive income (loss)        
Foreign currency translation adjustment 595,200 (2,820,119) 2,344,862 (4,878,900)
Comprehensive income (loss) $ 2,877,841 $ (1,753,367) $ 4,951,914 $ (3,097,868)