Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited)

v3.5.0.2
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