XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Revenues, net $ 190,944 $ 199,140 $ 375,007 $ 452,560
Cost of sales (exclusive of amortization of intangibles, included within operating expenses below) 109,665 96,371 211,500 201,022
GROSS PROFIT 81,279 102,769 163,507 251,538
Selling, general and administrative expenses 83,694 53,981 146,677 101,564
Acquisition-related costs 64 76 75 87
Research and development expenses 74,271 15,876 105,238 27,167
Amortization of intangibles 13,182 15,504 26,372 30,975
Impairment of intangible assets 1,634 3,058 2,126 3,058
TOTAL OPERATING EXPENSES 172,845 88,495 280,488 162,851
OPERATING (LOSS) INCOME (91,566) 14,274 (116,981) 88,687
Amortization of deferred financing costs (1,304) (1,304) (2,608) (2,608)
Interest expense, net (11,062) (9,380) (20,640) (18,946)
Other non-operating income, net (324) 3,160 (54) 4,943
(LOSS) INCOME BEFORE INCOME TAXES (104,256) 6,750 (140,283) 72,076
Income tax (benefit) provision (16,272) 4,213 (23,552) 28,512
CONSOLIDATED NET (LOSS) INCOME $ (87,984) $ 2,537 $ (116,731) $ 43,564
CONSOLIDATED NET (LOSS) INCOME PER SHARE        
CONSOLIDATED NET (LOSS) INCOME PER SHARE, BASIC (in Dollars per share) $ (0.70) $ 0.02 $ (0.93) $ 0.35
CONSOLIDATED NET (LOSS) INCOME PER SHARE, DILUTED (in Dollars per share) $ (0.70) $ 0.02 $ (0.93) $ 0.35
SHARES USED IN COMPUTING NET (LOSS) INCOME PER SHARE        
BASIC (in Shares) 125,332 124,660 125,286 124,541
DILUTED (in Shares) 125,332 125,194 125,286 124,855
COMPREHENSIVE (LOSS) INCOME        
Consolidated net (loss) income $ (87,984) $ 2,537 $ (116,731) $ 43,564
Unrealized holding (loss) gain on available-for-sale securities, net of tax of $1 and ($85) for the three months ended June 30, 2018 and 2017, and $1 and ($160) for the six month periods ended June 30, 2018 and 2017 respectively. (4) 144 (5) 272
Foreign currency translation (loss) gain (6,350) 1,239 (7,198) 5,265
Pension liability adjustment gain, net of tax of ($1) and ($6) for the three months ended June 30, 2018 and 2017, and ($2) and ($63) for the six month periods ended June 30, 2018 and 2017 respectively. 4 24 8 247
COMPREHENSIVE (LOSS) INCOME $ (94,334) $ 3,944 $ (123,926) $ 49,348