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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net sales $ 166,442 $ 130,837 $ 454,863 $ 359,009
Cost of sales 68,202 50,668 179,838 144,363
Gross margin 98,240 80,169 275,025 214,646
Operating expenses:        
Sales, general and administrative 74,443 48,424 209,763 134,678
Research and development 29,246 25,129 85,187 71,976
Total operating expenses 103,689 73,553 294,950 206,654
Income (loss) from operations (5,449) 6,616 (19,925) 7,992
Interest and other income, net 2,040 1,820 4,594 5,978
Income (loss) before provision for income taxes (3,409) 8,436 (15,331) 13,970
Provision for (benefit from) income taxes (2,536) 2,332 12,227 709
Net income (loss) $ (873) $ 6,104 $ (27,558) $ 13,261
Net income (loss) per common and common equivalent shares:        
Basic (in dollars per share) $ (0.01) $ 0.10 $ (0.45) $ 0.22
Diluted (in dollars per share) $ (0.01) $ 0.10 $ (0.45) $ 0.22
Weighted average number of common and common equivalent shares outstanding:        
Basic (in shares) 63,496 59,278 61,159 59,128
Diluted (in shares) 63,496 60,059 61,159 59,938
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)        
Net income (loss) $ (873) $ 6,104 $ (27,558) $ 13,261
Foreign currency translation adjustments 1,238 (227) (456) (285)
Comprehensive income (loss) 365 5,877 (28,014) 12,976
Product        
Net sales 120,091 96,497 326,134 264,977
Cost of sales 57,798 42,445 150,507 120,265
Service        
Net sales 46,351 34,340 128,729 94,032
Cost of sales $ 10,404 $ 8,223 $ 29,331 $ 24,098