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Quarterly Results of Operations (unaudited) (Tables)
12 Months Ended
Dec. 31, 2014
Quarterly Results of Operations (unaudited)  
Schedule of quarterly results of operations

                                                                                                                                                                                    

 

 

Dec. 31,
2014(1)

 

Sept. 30,
2014(2)

 

June 30,
2014(3)

 

March 31,
2014(4)

 

Dec. 31,
2013(5)

 

Sept. 30,
2013(6)

 

June 30,
2013(7)

 

March 31,
2013(8)

 

 

 

(in thousands, except per share data)

 

Revenue

 

$

62,530

 

$

38,531

 

$

41,150

 

$

60,840

 

$

58,574

 

$

48,831

 

$

47,501

 

$

40,726

 

Gross profit

 

 

18,796

 

 

15,144

 

 

14,484

 

 

21,740

 

 

21,280

 

 

16,976

 

 

16,737

 

 

12,943

 

Net income (loss)

 

 

164

 

 

(4,704

)

 

(6,900

)

 

174

 

 

614

 

 

(4,750

)

 

(4,019

)

 

(8,988

)

Net income (loss) per share basic and diluted

 

$

0.00

 

$

(0.04

)

$

(0.06

)

$

0.00

 

$

0.01

 

$

(0.04

)

$

(0.04

)

$

(0.08

)


(1)

Net income includes a $0.8 million charge to inventory reserves.

(2)

Net loss includes a $0.8 million charge to inventory reserves and a $2.3 million restructuring charge.

(3)

Net loss includes a $0.2 million charge to inventory reserves and a $0.1 million restructuring charge.

(4)

Net income includes a $0.2 million restructuring charge.

(5)

Net income includes $0.4 million of income related to the expiration of an uncertain tax position in a foreign jurisdiction.

(6)

Net loss includes $0.4 million related to the write off of certain deferred tax assets in foreign jurisdictions.

(7)

Net loss includes $0.4 million in restructuring charges, and $0.8 million from the gain on sale of dry strip assets and intellectual property.

(8)

Gross profit and net loss includes a $2.1 million charge to excess and obsolete inventory. Net loss includes $1.8 million in restructuring charges, and $0.4 million from the gain on sale of dry strip assets and intellectual property.