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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Product $ 98,161 $ 59,302 $ 276,678 $ 180,336
Services 6,321 6,348 17,487 17,286
Total revenue 104,482 65,650 294,165 197,622
Cost of revenue:        
Product 58,056 36,360 162,542 111,262
Services 6,675 5,186 18,096 13,709
Total cost of revenue 64,731 41,546 180,638 124,971
Gross profit 39,751 24,104 113,527 72,651
Operating expenses:        
Research and development 11,003 8,493 32,154 25,607
Sales and marketing 6,801 5,992 21,335 17,742
General and administrative 8,112 5,988 22,960 18,262
Restructuring charges       282
Total operating expenses 25,916 20,473 76,449 61,893
Income from operations 13,835 3,631 37,078 10,758
Other (expense) income:        
Interest income 219 53 399 161
Interest expense (1,337) (1,342) (3,784) (3,727)
Other, net 138 (55)   (352)
Total other expense (980) (1,344) (3,385) (3,918)
Income before income taxes 12,855 2,287 33,693 6,840
Income tax provision (benefit) 1,014 136 (1,586) (196)
Net income $ 11,841 $ 2,151 $ 35,279 $ 7,036
Net income per share:        
Basic (in dollars per share) $ 0.38 $ 0.07 $ 1.15 $ 0.24
Diluted (in dollars per share) $ 0.35 $ 0.07 $ 1.07 $ 0.23
Shares used in computing net income per share:        
Basic weighted average common shares 31,274 29,221 30,550 29,118
Diluted weighted average common shares 33,524 31,037 33,048 30,760