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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Sales $ 70,736 $ 90,516 $ 210,815 $ 277,624
Cost of Sales 34,438 39,744 101,748 123,093
Gross Profit 36,298 50,772 109,067 154,531
Operating Expenses        
Selling, general and administrative 30,163 45,880 96,523 131,909
Research and development 10,754 10,783 31,355 33,048
Restructuring costs 239 0 14,563 0
Total operating expenses 41,156 56,663 142,441 164,957
Loss from operations (4,858) (5,891) (33,374) (10,426)
Other (income) expense        
Interest expense (income), net 161 (24) 407 72
Other (income) expense, net (256) 514 334 2,398
Loss before income tax benefit (4,763) (6,381) (34,115) (12,896)
Income tax benefit (1,739) (182) (7,336) (444)
Net loss $ (3,024) $ (6,199) $ (26,779) $ (12,452)
Net (loss) income per share - Basic (in dollars per share) $ (0.17) $ (0.36) $ (1.51) $ (0.72)
Net (loss) income per share - Diluted (in dollars per share) $ (0.17) $ (0.36) $ (1.51) $ (0.72)
Weighted average shares - Basic (in shares) 17,797,390 17,367,228 17,757,359 17,352,386
Weighted average shares - Diluted (in shares) 17,797,390 17,367,228 17,757,359 17,352,386
Product        
Sales $ 48,082 $ 66,788 $ 146,866 $ 209,411
Cost of Sales 22,413 27,086 66,812 85,542
Service        
Sales 22,654 23,728 63,949 68,213
Cost of Sales $ 12,025 $ 12,658 $ 34,936 $ 37,551