SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNITNG PRONOUNCEMENTS Adjustments for New Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2017

The impact of adoption on the Company's previously reported condensed consolidated financial statements were as follows:



Condensed Consolidated Balance Sheet:	December 31, 2016
(In thousands)	As Reported		Impact of Adoption			As Adjusted
Accounts receivable, net	$	6,961	$	(433	)	$	6,528
Prepaid expenses and other current assets	8,520		195			8,715
Deferred tax assets	12,032		(690		)	11,342
Deferred income on sales to distributors	16,207		(16,207		)	—
Other accrued liabilities	2,434		300			2,734
Retained earnings	$	317,912	$	14,979		$	332,891



	Three Months Ended							Nine Months Ended
Condensed Consolidated Statements of Income:	September 30, 2016							September 30, 2016
(In thousands, except per share)	As Reported		Impact of Adoption			As Adjusted		As Reported		Impact of Adoption		As Adjusted
Net revenues	$	103,790	$	(2,165	)	$	101,625	$	286,285	$	947	$	287,232
Cost of revenues	52,597		(814		)	51,783		144,508		609		145,117
Provision for income taxes	586		5			591		1,514		16		1,530
Net income	$	14,165	$	(1,356	)	$	12,809	$	34,273	$	322	$	34,595

Earnings per share
Basic	$	0.49	$	(0.05	)	$	0.44	$	1.19	$	0.01	$	1.20
Diluted	$	0.48	$	(0.05	)	$	0.43	$	1.16	$	0.01	$	1.17



	Nine Months Ended
Condensed Consolidated Statement of Cash Flows:	September 30, 2016
(In thousands)	As Reported			Impact of Adoption			As Adjusted
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	34,273		$	322		$	34,595
Deferred income taxes	490			16			506
Accounts receivable	(7,164		)	1,568			(5,596		)
Prepaid expenses and other assets	(1,403		)	(673		)	(2,076		)
Deferred income on sales to distributors	$	1,233		$	(1,233	)	$	—