Consolidated Statements of Operations - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2018 |
Jun. 30, 2017 |
Jun. 30, 2018 |
Jun. 30, 2017 |
|
| Income Statement [Abstract] | ||||
| Net sales | $ 199,685 | $ 166,685 | $ 365,504 | $ 328,395 |
| Cost of sales | 145,831 | 120,023 | 267,069 | 240,163 |
| Gross profit | 53,854 | 46,662 | 98,435 | 88,232 |
| Operating expenses | ||||
| Selling, general and administrative expenses | 18,935 | 17,730 | 36,557 | 40,878 |
| Research and development expenses | 21,005 | 16,928 | 40,585 | 34,886 |
| Restructuring and other gain | (17,010) | |||
| Early termination charges | 2,262 | 13,369 | ||
| Total operating expenses | 39,940 | 36,920 | 77,142 | 72,123 |
| Operating income | 13,914 | 9,742 | 21,293 | 16,109 |
| Interest expense | (5,489) | (5,441) | (10,952) | (10,614) |
| Foreign currency gain (loss), net | (27,449) | (11,905) | (26,131) | 29,881 |
| Other income (expense), net | (960) | 83 | (441) | 1,694 |
| Income (loss) before income taxes | (19,984) | (7,521) | (16,231) | 37,070 |
| Income tax expenses | 1,521 | 538 | 2,511 | 1,391 |
| Net income (loss) | $ (21,505) | $ (8,059) | $ (18,742) | $ 35,679 |
| Earnings (loss) per common share- | ||||
| Basic | $ (0.62) | $ (0.24) | $ (0.55) | $ 1.06 |
| Diluted | $ (0.62) | $ (0.24) | $ (0.55) | $ 0.87 |
| Weighted average number of shares- | ||||
| Basic | 34,420,654 | 33,952,574 | 34,337,345 | 33,808,237 |
| Diluted | 34,420,654 | 33,952,574 | 34,337,345 | 43,772,115 |