XML 18 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net revenue $ 1,255,202 $ 998,763 $ 1,058,816
Cost of revenue 883,050 704,535 717,118
Gross profit 372,152 294,228 341,698
Operating expenses:      
Research and development 88,788 77,982 82,416
Sales and marketing 147,854 138,150 152,569
General and administrative 61,148 49,432 64,857
Other operating expenses (income), net (1,182) 2,476 3,142
Total operating expenses 296,608 268,040 302,984
Income from operations 75,544 26,188 38,714
Interest income 436 2,539 3,980
Other income (expense), net (5,177) 844 510
Income before income taxes 70,803 29,571 43,204
Provision for income taxes 12,510 3,780 25,878
Net income from continuing operations 58,293 25,791 17,326
Net loss from discontinued operations, net of tax 0 0 (35,655)
Net income (loss) 58,293 25,791 (18,329)
Net loss attributable to non-controlling interest in discontinued operations 0 0 (9,167)
Net income (loss) attributable to NETGEAR, Inc. $ 58,293 $ 25,791 $ (9,162)
Net income (loss) per share - basic:      
Income from continuing operations $ 1.95 $ 0.83 $ 0.55
Loss from discontinued operations attributable to NETGEAR, Inc. 0 0 (0.84)
Net income (loss) attributable to NETGEAR, Inc. 1.95 0.83 (0.29)
Net income (loss) per share - diluted:      
Income from continuing operations 1.90 0.81 0.52
Loss from discontinued operations attributable to NETGEAR, Inc. 0 0 (0.80)
Net income (loss) attributable to NETGEAR, Inc. $ 1.90 $ 0.81 $ (0.28)
Weighted average shares used to compute net income (loss) per share:      
Basic 29,897 30,936 31,626
Diluted 30,640 31,965 33,137