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Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue $ 29,697 $ 26,787 $ 84,838 $ 78,599
Operating expenses:        
Cost of product revenue 5,951 8,282 20,098 24,279
Research & development 4,158 4,232 12,581 14,126
Selling, general & administrative 7,539 5,700 22,713 28,207
Total operating expenses 17,648 18,214 55,392 66,612
Income from operations 12,049 8,573 29,446 11,987
Interest and other income, net 482 522 1,513 907
Income before income taxes 12,531 9,095 30,959 12,894
Provision for income taxes 3,331 1,496 7,817 1,890
Net income $ 9,200 $ 7,599 $ 23,142 $ 11,004
Basic net income per share:        
Net income (in dollars per share) $ 0.65 $ 0.53 $ 1.65 $ 0.76
Basic weighted average common shares outstanding (in shares) 14,070 14,237 14,065 14,524
Diluted net income per share:        
Net income (in dollars per share) $ 0.64 $ 0.53 $ 1.62 $ 0.74
Diluted weighted average common shares outstanding (in shares) 14,387 14,377 14,266 14,820
Net income $ 9,200 $ 7,599 $ 23,142 $ 11,004
Foreign currency translation adjustment (622) (113) (792) (444)
Comprehensive income 8,578 7,486 22,350 10,560
Product [Member]        
Revenue 29,615 26,781 84,745 78,581
Service [Member]        
Revenue $ 82 $ 6 $ 93 $ 18