XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Operations (Unaudited) - 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 $ 128,939 $ 106,456 $ 341,499 $ 285,047
Cost of revenue 58,083 48,531 154,377 130,686
Gross profit 70,856 57,925 187,122 154,361
Operating expenses:        
Research and development 21,442 20,472 60,629 55,669
Selling, general and administrative 25,255 22,397 73,219 61,696
Litigation expense, net 327 55 903 92
Total operating expenses 47,024 42,924 134,751 117,457
Income from operations 23,832 15,001 52,371 36,904
Interest and other income, net 1,255 780 3,873 1,920
Income before income taxes 25,087 15,781 56,244 38,824
Income tax provision 1,445 1,408 3,112 2,678
Net income $ 23,642 $ 14,373 $ 53,132 $ 36,146
Net income per share:        
Basic (in dollars per share) $ 0.57 $ 0.35 $ 1.29 $ 0.90
Diluted (in dollars per share) $ 0.54 $ 0.34 $ 1.22 $ 0.87
Weighted-average shares outstanding:        
Basic (in shares) 41,458 40,590 41,276 40,335
Diluted (in shares) 43,486 41,895 43,384 41,752
Cash dividends declared per common share (in dollars per share) $ 0.20 $ 0.20 $ 0.60 $ 0.60