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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenue:        
Product $ 96,539 $ 58,859 $ 178,517 $ 121,034
Services 6,251 5,592 11,166 10,938
Total revenue 102,790 64,451 189,683 131,972
Cost of revenue:        
Product 57,689 34,638 104,486 74,902
Services 6,039 4,682 11,421 8,523
Total cost of revenue 63,728 39,320 115,907 83,425
Gross profit 39,062 25,131 73,776 48,547
Operating expenses:        
Research and development 11,256 8,478 21,151 17,114
Sales and marketing 7,485 5,790 14,534 11,750
General and administrative 7,791 6,232 14,848 12,274
Restructuring charges       282
Total operating expenses 26,532 20,500 50,533 41,420
Income from operations 12,530 4,631 23,243 7,127
Other (expense) income:        
Interest income 111 54 180 108
Interest expense (1,336) (1,338) (2,447) (2,385)
Other, net 16 (238) (138) (297)
Total other expense (1,209) (1,522) (2,405) (2,574)
Income before income taxes 11,321 3,109 20,838 4,553
Income tax (benefit) provision (2,611) 172 (2,600) (332)
Net income $ 13,932 $ 2,937 $ 23,438 $ 4,885
Net income per share:        
Basic (in dollars per share) $ 0.46 $ 0.10 $ 0.78 $ 0.17
Diluted (in dollars per share) $ 0.42 $ 0.10 $ 0.72 $ 0.16
Shares used in computing net income per share:        
Basic weighted average common shares 30,589 29,097 30,183 29,066
Diluted weighted average common shares 33,168 30,701 32,779 30,607