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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, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Net sales $ 218,795 $ 141,259 $ 413,814 $ 288,421
Cost of sales 80,866 53,082 152,532 111,636
Gross margin 137,929 88,177 261,282 176,785
Sales, general and administrative 177,662 72,293 304,259 135,320
Research and development 53,952 29,560 100,970 55,941
Total operating expenses 231,614 101,853 405,229 191,261
Loss from operations (93,685) (13,676) (143,947) (14,476)
Interest and other income, net 41,841 1,613 42,426 2,554
Loss before provision for income taxes (51,844) (12,063) (101,521) (11,922)
Provision for (benefit from) income taxes (4,727) 18,696 (6,487) 14,763
Net loss $ (47,117) $ (30,759) $ (95,034) $ (26,685)
Net loss per common and common equivalent shares:        
Basic (in dollars per share) $ (0.72) $ (0.51) $ (1.47) $ (0.44)
Diluted (in dollars per share) $ (0.72) $ (0.51) $ (1.47) $ (0.44)
Weighted average number of common and common equivalent shares outstanding:        
Basic (in shares) 65,166 60,346 64,604 59,977
Diluted (in shares) 65,166 60,346 64,604 59,977
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)        
Net (loss) income $ (47,117) $ (30,759) $ (95,034) $ (26,685)
Foreign currency translation adjustments (369) 678 (368) (1,694)
Comprehensive loss (47,486) (30,081) (95,402) (28,379)
Product        
Net sales 156,427 98,755 297,313 206,043
Cost of sales 65,301 43,825 123,917 92,709
Service        
Net sales 62,368 42,504 116,501 82,378
Cost of sales $ 15,565 $ 9,257 $ 28,615 $ 18,927