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Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net sales $ 147,162 $ 115,810
Cost of sales 58,554 46,893
Gross margin 88,608 68,917
Operating expenses:    
Sales, general and administrative 63,027 42,892
Research and development 26,381 23,354
Total operating expenses 89,408 66,246
Income (loss) from operations (800) 2,671
Interest and other income, net 941 2,313
Income before provision for income taxes 141 4,984
Benefit from income taxes (3,933) (1,435)
Net income $ 4,074 $ 6,419
Net income per common and common equivalent shares:    
Basic (in dollars per share) $ 0.07 $ 0.11
Diluted (in dollars per share) $ 0.07 $ 0.11
Weighted average number of common and common equivalent shares outstanding:    
Basic (in shares) 59,609 58,914
Diluted (in shares) 60,394 59,751
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME    
Net income $ 4,074 $ 6,419
Foreign currency translation adjustments (2,372) 50
Comprehensive income 1,702 6,469
Product    
Net sales 107,288 88,089
Cost of sales 48,884 39,600
Service    
Net sales 39,874 27,721
Cost of sales $ 9,670 $ 7,293