XML 22 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
NET REVENUES $ 343,989 $ 348,797 $ 347,089
COST OF REVENUES 170,602 159,227 163,853
GROSS PROFIT 173,387 189,570 183,236
OPERATING EXPENSES:      
Research and development 57,549 54,981 51,654
Sales and marketing 46,816 47,796 45,466
General and administrative 30,029 30,997 32,050
Total operating expenses 134,394 133,774 129,170
INCOME FROM OPERATIONS 38,993 55,796 54,066
OTHER INCOME:      
Interest income 1,019 1,203 736
Interest expense 0 0 (23)
Other, net (594) (185) 648
Total other income, net 425 1,018 1,361
INCOME BEFORE INCOME TAXES 39,418 56,814 55,427
PROVISION FOR (BENEFIT FROM) INCOME TAXES 271 (2,730) (1,839)
NET INCOME $ 39,147 $ 59,544 $ 57,266
EARNINGS PER SHARE:      
Basic (per share) $ 1.35 $ 1.99 $ 1.95
Diluted (per share) [1] $ 1.32 $ 1.93 $ 1.88
SHARES USED IN PER SHARE CALCULATION:      
Basic (in shares) 29,001 29,976 29,421
Diluted (in shares) [1] 29,696 30,829 30,420
[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 all performance-based awards in the 2014 calculation as the performance conditions for those awards were not met as of the end of the period. The Company has included in the 2015 and 2013 calculations those shares that were contingently issuable upon the satisfaction of the performance conditions as of the end of the respective periods.