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Quarterly Financial Data
12 Months Ended
Dec. 31, 2012
Quarterly Financial Data

16. Quarterly Financial Data (Unaudited)

The following financial information reflects all normal recurring adjustments, which are, in the opinion of management, necessary for a fair statement of the results of the interim periods. Summarized quarterly data for fiscal 2012 and 2011 are as follows (in thousands, except per share data):

 

     Year ended December 31, 2012  
     1st
Quarter
    2nd
Quarter
    3rd
Quarter
    4th
Quarter
 

Selected quarterly financial data:

        

Revenue

   $ 48,461      $ 48,235      $ 46,839      $ 52,743   

Gross profit

     31,819        30,196        29,633        32,120   

Total operating expenses

     31,944        33,947        31,606        36,108   

Net loss

     (1,261     (6,374     (2,469     (5,355

Basic and diluted net loss per common share (1)

     (0.01     (0.07     (0.03     (0.06
     Year ended December 31, 2011  
     1st
Quarter
    2nd
Quarter
    3rd
Quarter
    4th
Quarter
 

Selected quarterly financial data:

        

Revenue

   $ 49,720      $ 50,862      $ 47,619      $ 49,510   

Gross profit

     31,951        29,861        30,207        24,911   

Total operating expenses

     34,313        33,165        32,569        41,399   

Net loss

     (1,867     (3,044     (1,304     (15,966

Basic and diluted net loss per common share (1)

     (0.02     (0.03     (0.01     (0.18

 

(1) Basic and diluted net loss per share is computed independently for each of the quarters presented. Therefore, the sum of the quarterly per share amounts will not necessarily equal the total for the year.