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Supplementary Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
The following table presents selected unaudited consolidated financial data for each of the eight quarters in the two-year period ended December 31, 2015. The selected quarterly financial data should be read in conjunction with the Company's consolidated financial statements and the related notes and "Item 7: Management's Discussion and Analysis of Financial Condition and Results of Operations." This information has been derived from the Company's unaudited consolidated financial statements that, in management's opinion, reflect all recurring adjustments necessary to fairly state this information when read in conjunction with the Company's consolidated financial statements and the related notes appearing in the section entitled "Consolidated Financial Statements," Net income (loss) per share-basic and diluted, for the four quarters of each fiscal year may not sum to the total for the fiscal year because of the different number of shares outstanding during each period. The results of operations for any quarter are not necessarily indicative of the results to be expected for any future period.
 
(In thousands, except share and per share data)
 
 
 
 
 
 
 
 
Quarter
 
First
 
Second
 
Third
 
Fourth (1)
Year Ended December 31, 2015
 
 
 
 
 
 
 
Total revenue
$
51,558

 
$
64,431

 
$
61,202

 
$
78,225

Gross profit
$
37,180

 
$
46,315

 
$
45,161

 
$
52,385

Net income (loss)
$
(2,129
)
 
$
1,178

 
$
2,147

 
$
40,606

Net income (loss) per share, basic
$
(0.06
)
 
$
0.03

 
$
0.06

 
$
1.04

Shares used in calculation-basic
38,383,022

 
38,649,873

 
38,881,183

 
39,093,825

Net income (loss) per share, diluted
$
(0.06
)
 
$
0.03

 
$
0.05

 
$
0.99

Shares used in calculation-diluted
38,383,022

 
41,641,660

 
40,860,593

 
40,966,744

 
 
 
 
 
 
 
 
 
Quarter
 
First
 
Second
 
Third
 
Fourth
Year Ended December 31, 2014
 
 
 
 
 
 
 
Total revenue
$
30,975

 
$
47,061

 
$
45,670

 
$
50,772

Gross profit
$
21,959

 
$
33,401

 
$
33,115

 
$
35,939

Net income (loss)
$
(7,337
)
 
$
2,769

 
$
4,782

 
$
1,317

Net income (loss) per share, basic
$
(0.20
)
 
$
0.07

 
$
0.13

 
$
0.03

Shares used in calculation-basic
37,215,697

 
37,440,537

 
37,630,222

 
37,958,395

Net income (loss) per share, diluted
$
(0.20
)
 
$
0.07

 
$
0.12

 
$
0.03

Shares used in calculation-diluted
37,215,697

 
40,597,275

 
40,926,034

 
41,434,178


 
(1)
In the fourth quarter of fiscal 2015, the Company released $40.4 million of its deferred tax asset valuation allowance. See Note 11 to the Consolidated Financial Statements.