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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) [Abstract]        
Revenue $ 30,031 $ 23,177 $ 54,597 $ 41,818
Cost of revenue 16,005 14,642 29,911 26,551
Gross profit 14,026 8,535 24,686 15,267
Operating expenses:        
Selling, general and administrative 3,714 3,039 7,404 6,458
Research and development 699 515 1,204 966
Total operating expenses 4,413 3,554 8,608 7,424
Income from operations 9,613 4,981 16,078 7,843
Interest income (expense), net 69 (25) 156 (10)
Other income, net 450 1,556 87 1,635
Income before provision for income taxes 10,132 6,512 16,321 9,468
Provision for income taxes (1,064) (560) (1,966) (806)
Net income 9,068 5,952 14,355 8,662
Less: Net income attributable to noncontrolling interest (2,006) (417) (3,085) (547)
Net income attributable to AXT, Inc. $ 7,062 $ 5,535 $ 11,270 $ 8,115
Net income attributable to AXT, Inc. per common share:        
Basic (in dollars per share) $ 0.22 $ 0.18 $ 0.35 $ 0.26
Diluted (in dollars per share) $ 0.21 $ 0.17 $ 0.34 $ 0.25
Weighted average number of common shares outstanding:        
Basic (in shares) 31,831 30,834 31,775 30,789
Diluted (in shares) 33,093 32,172 33,146 31,982