THE COMPANY AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of the cash and cash equivalents balances reported on the balance sheets and the cash, cash equivalents and restricted cash balances reported in the statements of cash flows:

	December 31,
	2019		2018		2017
	(In thousands)
Cash and cash equivalents, as reported on the balance sheets	$	77,579	$	56,766	$	62,473
Restricted cash in deferred taxes and other long-term assets, as reported on the balance sheets	—		7,884		8,025
Cash, cash equivalents, and restricted cash, as reported in the statements of cash flows	$	77,579	$	64,650	$	70,498

Restrictions on Cash and Cash Equivalents

The following table provides a reconciliation of the cash and cash equivalents balances reported on the balance sheets and the cash, cash equivalents and restricted cash balances reported in the statements of cash flows:

	December 31,
	2019		2018		2017
	(In thousands)
Cash and cash equivalents, as reported on the balance sheets	$	77,579	$	56,766	$	62,473
Restricted cash in deferred taxes and other long-term assets, as reported on the balance sheets	—		7,884		8,025
Cash, cash equivalents, and restricted cash, as reported in the statements of cash flows	$	77,579	$	64,650	$	70,498

Schedule of revenues and accounts receivable from customers

The following table summarizes the revenues from customers (including original equipment manufacturers) in excess of 10% of the total revenues:

	Year Ended December 31,
	2019		2018		2017
HPE	11	%	12	%	13	%
Dell	10	%	12	%	11	%
____________________
* Less than 10%

Schedule of changes in the entity's liability for product warranty

Changes in the Company's liability for product warranty were as follows:

	Year Ended December 31,
	2019			2018
	(In thousands)
Balance, beginning of the period	$	1,375		$	889
New warranties issued during the period	7,480			2,532
Settlements during the period	(6,203		)	(2,046		)
Balance, end of the period	2,652			1,375
Less: long-term portion of product warranty liability	(740		)	(285		)
Balance, end of the period	$	1,912		$	1,090

Schedule of computation of basic and diluted net income per share

The following table sets forth the computation of basic and diluted net income (loss) per share for the periods indicated:

	Year Ended December 31,
	2019		2018		2017
	(In thousands, except per share data)
Net income (loss)	$	205,095	$	134,258	$	(19,425	)
Basic and diluted shares:
Weighted average ordinary shares outstanding	54,946		52,863		50,310
Effect of dilutive shares	1,716		1,783		—
Shares used to compute diluted net income (loss) per share	56,662		54,646		50,310
Net income (loss) per share—basic	$	3.73	$	2.54	$	(0.39	)
Net income (loss) per share—diluted	$	3.62	$	2.46	$	(0.39	)