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Unaudited Quarterly Consolidated Financial Data
12 Months Ended
Dec. 31, 2011
Unaudited Quarterly Consolidated Financial Data [Abstract]  
Unaudited Quarterly Consolidated Financial Data
Note 18. Unaudited Quarterly Consolidated Financial Data
 
   
Quarter
 
   
First
  
Second
  
Third
  
Fourth
 
   
(in thousands, except per share data)
 
2011:
            
Revenue
 $24,566  $30,031  $28,305  $21,219 
Gross profit
  10,660   14,026   *12,263   7,833 
Net income attributable to AXT, Inc
  4,208   7,062   6,484   2,566 
Net income attributable to AXT, Inc per share, basic
 $0.13  $0.22  $0.20  $0.08 
Net income attributable to AXT, Inc per share, diluted
 $0.13  $0.21  $0.19  $0.08 
2010:
                
Revenue
 $18,641  $23,177  $26,809  $26,866 
Gross profit
  6,732   8,535   10,531   10,697 
Net income attributable to AXT, Inc
  2,580   5,535   5,639   4,899 
Net income attributable to AXT, Inc per share, basic
 $0.08  $0.18  $0.18  $0.16 
Net income attributable to AXT, Inc per share, diluted
 $0.08  $0.17  $0.17  $0.15 
 
*
Certain reclassifications have been made between cost of revenue and selling, general and administrative expenses. The reclassifications have no impact on reported total assets, stockholders' equity and net income.