XML 20 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Revenue $ 962,072 $ 811,113 $ 762,415
Cost of goods sold (excluding below amortization of intangible assets) 240,093 194,479 182,358
Gross profit 721,979 616,634 580,057
Operating expenses:      
Sales, marketing and administrative 533,624 457,280 456,700
Research and development 47,999 35,833 37,486
Amortization of intangible assets 42,001 12,516 13,571
Impairment of intangible assets     10,708
Litigation liability (gain) loss (43,310) (41,826) 30,000
Business transition costs 18,138 13,748 13,448
Total operating expenses 598,452 477,551 561,913
Interest and other expense, net:      
Interest income 1,091 1,589 968
Interest expense (40,520) (29,078) (27,911)
Loss on repurchases of convertible notes (19,085)    
Other (expense) income, net (305) 425 (2,411)
Total interest and other expense, net (58,819) (27,064) (29,354)
Income (loss) before income taxes 64,708 112,019 (11,210)
Income tax expense (29,282) (46,729) (6,286)
Consolidated net income (loss) 35,426 65,290 (17,496)
Add back net loss attributable to non-controlling interests (1,721) (1,001) (776)
Net income (loss) attributable to NuVasive, Inc. $ 37,147 $ 66,291 $ (16,720)
Net income (loss) per share attributable to NuVasive, Inc.:      
Basic $ 0.74 $ 1.36 $ (0.36)
Diluted $ 0.69 $ 1.26 $ (0.36)
Weighted average shares outstanding:      
Basic 50,077 48,687 46,715
Diluted 54,102 52,424 46,715