XML 196 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net sales $ 104,836 $ 90,262 $ 305,277 $ 249,147
Cost of sales 39,203 40,497 112,040 105,075
Gross margin 65,633 49,765 193,237 144,072
Operating expenses:        
Sales, general and administrative 39,685 36,398 114,787 99,079
Research and development 21,982 14,166 55,602 39,618
Total operating expenses 61,667 50,564 170,389 138,697
Income (loss) from operations 3,966 (799) 22,848 5,375
Interest and other income, net 1,274 1,430 2,242 3,320
Income before provision for income taxes 5,240 631 25,090 8,695
Provision for (benefit from) income taxes (471) 209 (2,032) 1,417
Net income $ 5,711 $ 422 $ 27,122 $ 7,278
Net income per common and common equivalent shares:        
Basic (in dollars per share) $ 0.10 $ 0.01 $ 0.49 $ 0.14
Diluted (in dollars per share) $ 0.10 $ 0.01 $ 0.47 $ 0.14
Weighted average number of common and common equivalent shares outstanding:        
Basic (in shares) 58,340 52,831 55,681 52,663
Diluted (in shares) 59,805 53,843 57,254 53,762
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)        
Net income $ 5,711 $ 422 $ 27,122 $ 7,278
Foreign currency translation adjustments (107) (1,560) (159) (2,111)
Comprehensive income (loss) 5,604 (1,138) 26,963 5,167
Product        
Net sales 80,923 73,985 238,618 208,351
Cost of sales 32,953 34,573 96,474 91,817
Service        
Net sales 23,913 16,277 66,659 40,796
Cost of sales $ 6,250 $ 5,924 $ 15,566 $ 13,258