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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Sales $ 82,110 $ 60,564 $ 158,441 $ 140,079
Cost of Sales 36,628 31,668 72,552 67,310
Gross Profit 45,482 28,896 85,889 72,769
Operating Expenses        
Selling, general and administrative 33,594 30,036 66,942 66,360
Research and development 11,760 10,186 23,733 20,601
Restructuring costs 779 636 2,303 14,324
Total operating expenses 46,133 40,858 92,978 101,285
Loss from operations (651) (11,962) (7,089) (28,516)
Other (income) expense        
Interest expense, net 39 212 49 246
Other expense (income), net 883 117 (732) 590
Loss before income tax benefit (1,573) (12,291) (6,406) (29,352)
Income tax benefit (397) (3,359) (2,009) (5,597)
Net loss $ (1,176) $ (8,932) $ (4,397) $ (23,755)
Net loss per share - Basic (in dollars per share) $ (0.06) $ (0.50) $ (0.24) $ (1.34)
Net loss per share - Diluted (in dollars per share) $ (0.06) $ (0.50) $ (0.24) $ (1.34)
Weighted average shares - Basic (in shares) 18,161,110 17,747,739 18,133,368 17,710,014
Weighted average shares - Diluted (in shares) 18,161,110 17,747,739 18,133,368 17,710,014
Product        
Sales $ 60,275 $ 42,259 $ 114,910 $ 98,784
Cost of Sales 25,455 21,333 50,259 44,399
Service        
Sales 21,835 18,305 43,531 41,295
Cost of Sales $ 11,173 $ 10,335 $ 22,293 $ 22,911