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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue $ 168,813 $ 159,975 $ 461,183 $ 428,885
Cost of revenue 75,655 70,957 206,794 190,810
Gross profit 93,158 89,018 254,389 238,075
Operating expenses:        
Research and development 27,742 25,630 80,746 70,720
Selling, general and administrative 34,692 29,552 100,302 85,431
Litigation expense 692 343 1,473 1,513
Total operating expenses 63,126 55,525 182,521 157,664
Income from operations 30,032 33,493 71,868 80,411
Interest and other income, net 2,257 2,714 7,827 5,387
Income before income taxes 32,289 36,207 79,695 85,798
Income tax expense 2,761 4,639 3,293 8,168
Net income $ 29,528 $ 31,568 $ 76,402 $ 77,630
Net income per share        
Basic (in dollars per share) $ 0.68 $ 0.75 $ 1.77 $ 1.84
Diluted (in dollars per share) $ 0.64 $ 0.71 $ 1.68 $ 1.75
Weighted-average shares outstanding:        
Basic (in shares) 43,308 42,362 43,055 42,173
Diluted (in shares) 45,833 44,669 45,516 44,450