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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
SALES      
Sales $ 381,765 $ 403,627 $ 360,917
COST OF SALES      
Cost of sales (exclusive of depreciation and amortization, shown separately below) 183,633 182,074 162,235
GROSS PROFIT 198,132 221,553 198,682
OPERATING EXPENSES      
Selling, general and administrative 177,378 169,717 152,299
Research and development 44,175 46,082 41,061
Impairment loss 35,213 0 0
Total operating expenses 256,766 215,799 193,360
(LOSS) INCOME FROM OPERATIONS (58,634) 5,754 5,322
OTHER EXPENSE (INCOME)      
Interest income (714) (429) (319)
Other expense (income), net 2,313 1,139 (190)
Interest expense 781 486 4
(LOSS) INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) (61,014) 4,558 5,827
INCOME TAX EXPENSE (BENEFIT) 1,133 (372) 20,343
NET (LOSS) INCOME $ (62,147) $ 4,930 $ (14,516)
NET (LOSS) INCOME PER SHARE - BASIC (in dollars per share) $ (3.58) $ 0.29 $ (0.87)
NET (LOSS) INCOME PER SHARE - DILUTED (in dollars per share) $ (3.58) $ 0.29 $ (0.87)
Weighted average shares - Basic (in shares) 17,383,415 17,043,167 16,711,534
Weighted average shares - Diluted (in shares) 17,383,415 17,348,456 16,711,534
Selling, general and administrative $ 177,378 $ 169,717 $ 152,299
Product      
SALES      
Sales 289,679 320,584 287,248
COST OF SALES      
Cost of sales (exclusive of depreciation and amortization, shown separately below) 133,246 130,876 115,761
Service      
SALES      
Sales 92,086 83,043 73,669
COST OF SALES      
Cost of sales (exclusive of depreciation and amortization, shown separately below) $ 50,387 $ 51,198 $ 46,474