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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
Jun. 27, 2015
Jun. 28, 2014
SALES        
Product $ 69,437 $ 67,382 $ 124,481 $ 127,204
Service 14,338 14,678 29,233 28,230
Total sales 83,775 82,060 153,714 155,434
COST OF SALES        
Product 29,532 26,392 51,709 51,545
Service 9,697 10,151 17,848 18,289
Total cost of sales (exclusive of depreciation and amortization, shown separately below) 39,229 36,543 69,557 69,834
GROSS PROFIT 44,546 45,517 84,157 85,600
OPERATING EXPENSES:        
Selling and marketing 20,063 19,715 39,168 37,148
General and administrative 9,066 8,867 18,867 17,280
Depreciation and amortization 2,739 1,868 5,232 3,715
Research and development 7,254 6,658 13,610 12,088
Total operating expenses 39,122 37,108 76,877 70,231
INCOME FROM OPERATIONS 5,424 8,409 7,280 15,369
OTHER (INCOME) EXPENSE        
Interest income, net (24) (21) (43) (38)
Other expense (income), net 83 (149) 1,390 11
INCOME BEFORE INCOME TAX EXPENSE 5,365 8,579 5,933 15,396
INCOME TAX EXPENSE 1,217 2,251 1,121 4,092
NET INCOME $ 4,148 $ 6,328 $ 4,812 $ 11,304
NET INCOME PER SHARE - BASIC $ 0.24 $ 0.37 $ 0.28 $ 0.66
NET INCOME PER SHARE - DILUTED $ 0.24 $ 0.36 $ 0.27 $ 0.65
Weighted average shares - Basic 17,384,382 17,233,012 17,360,749 17,220,146
Weighted average shares - Diluted 17,502,219 17,338,388 17,500,619 17,364,436