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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUE:        
Material sales $ 34,128 $ 27,494 $ 85,270 $ 98,746
Royalty and license fees 5,224 5,357 43,332 35,200
Technology development and support revenue 67 41 132 911
Total revenue 39,419 32,892 128,734 134,857
OPERATING EXPENSES:        
Cost of material sales 7,246 7,388 54,913 29,236
Research and development 11,434 7,915 32,000 28,639
Selling, general and administrative 7,240 6,625 20,145 19,576
Patent costs and amortization of acquired technology 4,032 4,081 12,461 12,801
Royalty and license expense 1,105 803 3,563 3,060
Total operating expenses 31,057 26,812 123,082 93,312
Operating income 8,362 6,080 5,652 41,545
INTEREST INCOME 232 187 593 598
INTEREST EXPENSE (7) (17) (31) (55)
INCOME BEFORE INCOME TAXES 8,587 6,250 6,214 42,088
INCOME TAX EXPENSE (1,540) (1,966) (9,624) (13,360)
NET INCOME (LOSS) $ 7,047 $ 4,284 $ (3,410) $ 28,728
NET INCOME (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ 0.15 $ 0.09 $ (0.07) $ 0.62
Diluted (in dollars per share) $ 0.15 $ 0.09 $ (0.07) $ 0.61
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME (LOSS) PER COMMON SHARE:        
Weighted average common shares outstanding - Basic (in shares) 46,542,556 46,197,713 46,241,578 46,398,644
Weighted average common shares outstanding - Diluted (in shares) 46,723,373 46,633,763 46,241,578 46,956,428