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Segments (Tables)
6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Summary of Operating Segments
The following table presents a summary of the operating segments:
 
Years ended December 31,
 
 
Six Months Ended June 30,
 
(in thousands)
2009

2010

2011

 
2011

2012

 
 
 
 
 
(unaudited)

(unaudited)

Revenue
 
 
 
 
 
 
Product
$
25,985

$
35,516

$
50,322

 
$
23,561

$
30,792

Service
15,154

21,287

29,181

 
13,835

17,205

Total revenue
41,139

56,803

79,503

 
37,396

47,997

 
 
 
 
 
 
 
Gross profit
 
 
 
 
 
 
Product
14,439

23,294

32,857

 
15,883

19,891

Service
10,834

12,334

15,139

 
7,127

9,814

Total gross profit
25,273

35,628

47,996

 
23,010

29,705

Research and development
5,992

6,698

9,335

 
4,591

5,205

Sales and marketing
16,468

20,953

28,151

 
13,175

15,532

General and administrative
3,489

6,723

11,316

 
5,081

6,704

Income (loss) from operations
(676
)
1,254

(806
)
 
163

2,264

Interest income
52

33

17

 
8

26

Interest expense and other finance charges
(141
)
(77
)
(332
)
 
(122
)
(74
)
Other income (expense), net
(227
)
(367
)
(1,073
)
 
(1,217
)
(1,492
)
Income (loss) before income taxes
$
(992
)
$
843

$
(2,194
)
 
$
(1,168
)
$
724

Summary of Revenue by Product Line
The following tables and discussion present the Company’s revenue by product line, as well as revenue and long-lived assets by geographic region.
 
 
 
 
 
 
 
 
Years ended December 31,  
 
Six months ended June 30,
(in thousands)
2009

2010

2011

2011

2012

 
(unaudited)
(unaudited)
 
 
 
 
 
 
Revenue
 
 
 
 
 
Product
 
 
 
 
 
Device
$
20,215

$
26,728

$
37,088

$
17,339

$
22,662

Software
5,770

8,788

13,234

6,222

8,130

 
 
 
 
 
 
Total product
25,985

35,516

50,322

23,561

30,792

 
 
 
 
 
 
Service
 
 
 
 
 
Maintenance and support
13,755

17,447

21,439

10,169

12,470

Professional services and training
1,399

3,840

7,742

3,666

4,735

 
 
 
 
 
 
Total service
15,154

21,287

29,181

13,835

17,205

 
 
 
 
 
 
Total revenue
$
41,139

$
56,803

$
79,503

$
37,396

$
47,997

Schedule of Revenue by Geographic Region
The Company’s revenue by geographic region, based on customer location, is summarized as follows:
 
 
 
 
 
 
 
Years ended December 31,  
 
Six months ended June 30,
(in thousands)
2009

2010

2011

2011

2012

 
(unaudited)
(unaudited)
 
 
 
 
 
 
Revenue
 
 
 
 
 
United States
$
37,517

$
51,266

73,719

34,270

42,170

International
3,622

5,537

5,784

3,126

5,827

 
 
 
 
 
 
Total revenue
$
41,139

$
56,803

$
79,503

$
37,396

$
47,997