Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
Sep. 30, 2016 |
Sep. 30, 2015 |
| Net sales |
$ 130,581
|
$ 112,381
|
| Cost of sales |
46,111
|
36,990
|
| Gross margin |
84,470
|
75,391
|
| Operating expenses: |
|
|
| Selling, general and administrative |
46,263
|
33,040
|
| Research and development |
12,765
|
11,322
|
| Total operating expenses |
59,028
|
44,362
|
| Operating income |
25,442
|
31,028
|
| Other (expense) income |
(1,314)
|
818
|
| Earnings before income taxes |
24,128
|
31,847
|
| Income taxes |
7,845
|
9,139
|
| Net earnings |
16,281
|
22,707
|
| Other comprehensive (loss) income: |
|
|
| Foreign currency translation adjustments |
(3,234)
|
(12,896)
|
| Unrealized gains and losses on available-for-sale investments, net of tax of ($171) and $3,752, respectively |
9,714
|
(10,125)
|
| Other comprehensive (loss) income |
6,480
|
(23,021)
|
| Comprehensive income (loss) |
$ 22,761
|
$ (314)
|
| Earnings per share: |
|
|
| Basic (in dollars per share) |
$ 0.44
|
$ 0.61
|
| Diluted (in dollars per share) |
0.43
|
0.61
|
| Cash dividends per common share: (in dollars per share) |
$ 0.32
|
$ 0.32
|
| Weighted average common shares outstanding: |
|
|
| Basic (in shares) |
37,281
|
37,169
|
| Diluted (in shares) |
37,473
|
37,315
|