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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net sales $ 141,259 $ 112,362 $ 288,421 $ 228,172
Cost of sales 53,082 46,802 111,636 93,695
Gross margin 88,177 65,560 176,785 134,477
Operating expenses:        
Sales, general and administrative 72,293 43,362 135,320 86,254
Research and development 29,560 23,493 55,941 46,847
Total operating expenses 101,853 66,855 191,261 133,101
Income (loss) from operations (13,676) (1,295) (14,476) 1,376
Interest and other income, net 1,613 1,845 2,554 4,158
Income (loss) before provision for income taxes (12,063) 550 (11,922) 5,534
Provision for (benefit from) income taxes 18,696 (188) 14,763 (1,623)
Net income (loss) $ (30,759) $ 738 $ (26,685) $ 7,157
Net income (loss) per common and common equivalent shares:        
Basic (in dollars per share) $ (0.51) $ 0.01 $ (0.44) $ 0.12
Diluted (in dollars per share) $ (0.51) $ 0.01 $ (0.44) $ 0.12
Weighted average number of common and common equivalent shares outstanding:        
Basic (in shares) 60,346 59,187 59,977 59,051
Diluted (in shares) 60,346 60,000 59,977 59,876
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)        
Net income (loss) $ (30,759) $ 738 $ (26,685) $ 7,157
Foreign currency translation adjustments 678 (108) (1,694) (58)
Comprehensive income (loss) (30,081) 630 (28,379) 7,099
Product        
Net sales 98,755 80,391 206,043 168,480
Cost of sales 43,825 38,220 92,709 77,820
Service        
Net sales 42,504 31,971 82,378 59,692
Cost of sales $ 9,257 $ 8,582 $ 18,927 $ 15,875