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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
NET REVENUES $ 87,922 $ 76,382 $ 164,962 $ 148,155
COST OF REVENUES 41,715 38,627 78,891 75,807
GROSS PROFIT 46,207 37,755 86,071 72,348
OPERATING EXPENSES:        
Research and development 13,489 12,066 25,761 22,706
Sales and marketing 11,364 9,176 22,145 17,315
General and administrative 8,066 7,100 15,800 14,193
Total operating expenses 32,919 28,342 63,706 54,214
INCOME FROM OPERATIONS 13,288 9,413 22,365 18,134
OTHER INCOME        
Other income, net 565 195 782 810
Total other income 565 195 782 810
INCOME BEFORE PROVISION FOR (BENEFIT FROM) INCOME TAXES 13,853 9,608 23,147 18,944
PROVISION FOR (BENEFIT FROM) INCOME TAXES 181 16,784 (1,428) 18,659
NET INCOME (LOSS) $ 13,672 $ (7,176) $ 24,575 $ 285
EARNINGS (LOSS) PER SHARE:        
Basic $ 0.47 $ (0.25) $ 0.85 $ 0.01
Diluted $ 0.45 [1] $ (0.25) [1] $ 0.82 [1] $ 0.01 [1]
SHARES USED IN PER SHARE CALCULATION:        
Basic 29,178 28,619 28,967 28,423
Diluted 30,158 [1] 28,619 [1] 29,977 [1] 29,624 [1]
[1] The Company includes the shares underlying performance-based awards in the calculation of diluted earnings per share if the performance conditions have been satisfied as of the end of the reporting period and excludes such shares when the necessary conditions have not been met. The Company has excluded the shares underlying the 2013 and 2012 awards in the 2013 and 2012 calculation, respectively, as those shares were not contingently issuable as of the end of the period.