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Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenue $ 294,490 $ 348,201 $ 266,277
Cost of revenue 129,345 151,698 85,581
Gross profit 165,145 196,503 180,696
Operating expenses:      
Research and development 167,924 200,539 108,013
Sales and marketing 43,080 42,381 26,534
General and administrative 28,302 23,782 21,201
Total operating expenses 239,306 266,702 155,748
Income (loss) from operations (74,161) (70,199) 24,948
Interest expense (32,209) (29,842) (17,406)
Other income, net 2,408 3,961 3,914
Income (loss) before income taxes from continuing operations (103,962) (96,080) 11,456
Benefit for income taxes (8,211) (21,176) (15,057)
Net income (loss) from continuing operations (95,751) (74,904) 26,513
Discontinued operations:      
Gain from sale 78,544
Loss from discontinued operations (3,802)
Provision for income taxes (1,799)
Net income from discontinued operations 72,943
Net income (loss) $ (95,751) $ (74,904) $ 99,456
Basic      
Net income (loss) from continuing operations (in dollars per share) $ (2.19) $ (1.78) $ 0.65
Net income from discontinued operations (in dollars per share) 1.80
Basic earnings per share (in dollars per share) (2.19) (1.78) 2.45
Diluted      
Net income (loss) from continuing operations (in dollars per share) (2.19) (1.78) 0.60
Net income from discontinued operations (in dollars per share) 1.65
Diluted earnings per share (in dollars per share) $ (2.19) $ (1.78) $ 2.25
Weighted-average shares used in computing earnings per share:      
Basic (in shares) 43,690,581 42,165,213 40,565,433
Diluted (in shares) 43,690,581 42,165,213 44,124,881