XML 14 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net revenues:        
Products $ 47,655 $ 75,592 $ 98,661 $ 160,101
Services 54,718 58,477 107,819 117,515
Total net revenues 102,373 134,069 206,480 277,616
Cost of revenues:        
Products 26,489 28,488 50,993 55,612
Services 14,181 15,832 28,275 30,241
Amortization of intangible assets 1,950 1,950 3,900 3,900
Total cost of revenues 42,620 46,270 83,168 89,753
Gross profit 59,753 87,799 123,312 187,863
Operating expenses:        
Research and development 16,991 21,433 35,879 42,838
Marketing and selling 29,018 30,177 54,829 61,796
General and administrative 13,644 16,818 28,075 34,537
Amortization of intangible assets 363 782 726 1,568
Restructuring costs, net 6,063 (213) 7,046 2,564
Total operating expenses 66,079 68,997 126,555 143,303
Operating (loss) income (6,326) 18,802 (3,243) 44,560
Interest and other expense, net (3,918) (5,159) (8,764) (9,342)
(Loss) income before income taxes (10,244) 13,643 (12,007) 35,218
Provision for income taxes 587 703 739 1,338
Net (loss) income $ (10,831) $ 12,940 $ (12,746) $ 33,880
Net (loss) income per common share - basic $ (0.26) $ 0.33 $ (0.31) $ 0.86
Net (loss) income per common share - diluted $ (0.26) $ 0.33 $ (0.31) $ 0.85
Weighted-average common shares outstanding – basic 40,953 39,678 40,863 39,622
Weighted-average common shares outstanding – diluted 40,953 39,734 40,863 39,691