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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Wireless $ 25,110 $ 27,024 $ 76,609 $ 83,055
Software 18,526 18,331 50,796 52,322
Total revenue 43,636 45,355 127,405 135,377
Operating expenses:        
Cost of revenue 7,069 7,639 21,295 23,167
Research and development 5,001 3,645 13,768 9,765
Service, rental and maintenance 7,875 8,253 23,885 24,745
Selling and marketing 5,533 5,955 16,784 18,912
General and administrative 12,058 10,605 35,706 31,551
Depreciation, amortization and accretion 2,775 3,229 8,849 9,787
Total operating expenses 40,311 39,326 120,287 117,927
Operating income 3,325 6,029 7,118 17,450
Interest income 214 67 490 176
Other income 359 85 415 443
Income before income tax expense 3,898 6,181 8,023 18,069
Income tax expense (171) (2,123) (1,945) (7,116)
Net income $ 3,727 $ 4,058 $ 6,078 $ 10,953
Basic and diluted net income per common share (usd per share) $ 0.19 $ 0.20 $ 0.30 $ 0.53
Basic weighted average common shares outstanding (shares) 19,977,263 20,541,275 20,285,240 20,604,905
Diluted weighted average common shares outstanding (shares) 20,008,321 20,541,275 20,362,774 20,604,905
Cash dividends declared per common share (usd per share) $ 0.125 $ 0.125 $ 0.375 $ 0.375