XML 40 R69.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
SELECTED QUARTERLY INFORMATION (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]                      
Revenues $ 114,457 $ 114,159 $ 102,865 $ 89,188 $ 93,307 $ 110,085 $ 109,482 $ 103,081 $ 420,669 $ 415,955 $ 431,755
Gross Profit 58,225 58,131 51,572 45,474 48,005 57,005 56,234 53,544 213,402 214,788 213,664
Net income (loss) $ 158,291 [1] $ 17,099 $ 10,845 $ 7,233 $ 22,736 $ 17,667 $ 15,381 $ 14,200 193,468 69,984 27,609
Litigation settlement                 $ 168,969 $ 0 $ 0
Earnings per share                      
Basic $ 5.38 $ 0.58 $ 0.37 $ 0.25 $ 0.78 $ 0.60 $ 0.52 $ 0.48 $ 6.61 $ 2.38 $ 0.93
Diluted [2] $ 5.28 $ 0.57 $ 0.37 $ 0.25 $ 0.77 $ 0.59 $ 0.51 $ 0.46 $ 6.49 $ 2.32 $ 0.90
Shares used in per share calculation                      
Basic 29,427 29,385 29,297 28,951 29,164 29,365 29,505 29,799 29,267 29,456 29,674
Diluted [2] 30,005 29,866 29,702 29,446 29,651 29,998 30,183 30,552 29,816 30,147 30,545
[1]
In October 2019 the Company entered into a favorable litigation settlement with ON Semiconductor Corporation which resulted in a $169.0 million net gain (Refer to Note 13, Legal Proceedings and Contingencies, in our Notes to Consolidated Financial Statements included in this Annual Report on Form 10-K).
[2]
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 included in the 2019, 2018 and 2017 calculations those shares that were contingently issuable upon the satisfaction of the performance conditions as of the end of the respective periods.