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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net revenues $ 53,239 $ 47,200 $ 131,970 $ 105,451
Cost of services and products 27,951 30,725 77,187 83,640
Gross profit 25,288 16,475 54,783 21,811
Operating expenses:        
Research, development and engineering 4,878 5,030 15,421 13,544
Marketing and sales 5,591 5,209 17,444 16,314
General, administrative and other operating expenses 10,961 8,688 36,550 29,564
Total operating expenses 21,430 18,927 69,415 59,422
Income (loss) from operations 3,858 (2,452) (14,632) (37,611)
Interest expense, net (3,155) (3,022) (9,378) (9,769)
Other income (expense), net (242) 91 (938) (616)
Income (loss) before income taxes 461 (5,383) (24,948) (47,996)
Income tax expense 3,790 2,079 7,916 3,305
Net loss (3,329) (7,462) (32,864) (51,301)
Less: Net income attributable to noncontrolling interest (394) (74) (841) (527)
Net loss attributable to ION $ (3,723) $ (7,536) $ (33,705) $ (51,828)
Net loss per share:        
Basic (usd per share) $ (0.26) $ (0.54) $ (2.39) $ (3.81)
Diluted (usd per share) $ (0.26) $ (0.54) $ (2.39) $ (3.81)
Weighted average number of common shares outstanding:        
Basic (in shares) 14,181 14,003 14,104 13,586
Diluted (in shares) 14,181 14,003 14,104 13,586
Service        
Net revenues $ 41,990 $ 37,105 $ 100,525 $ 77,943
Cost of services and products 22,690 25,924 61,931 70,286
Product        
Net revenues 11,249 10,095 31,445 27,508
Cost of services and products $ 5,261 $ 4,801 $ 15,256 $ 13,354