Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Income and Comprehensive Income (unaudited)

v3.10.0.1
Condensed Consolidated Statements of Income and Comprehensive Income (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Revenue $ 130,638 $ 122,643 $ 389,900 $ 369,531
Cost of revenue 51,583 47,112 159,849 158,615
Intangibles amortization 1,930 1,290 6,235 3,789
Gross profit 77,125 74,241 223,816 207,127
Operating expenses:        
Marketing and selling 33,200 32,537 102,474 95,106
Research and development 15,127 11,632 46,186 38,098
General and administrative 15,799 17,329 56,966 57,501
Intangibles amortization 4,477 3,882 13,434 11,841
Restructuring 11,432 321 14,182 914
Total operating expenses 80,035 65,701 233,242 203,460
Income (loss) from operations (2,910) 8,540 (9,426) 3,667
Other income (expense), net (726) 150 (4,944) (1,268)
Income (loss) before provision for income tax (3,636) 8,690 (14,370) 2,399
Provision for income tax 1,940 17,203 (3,069) 15,597
Net loss $ (5,576) $ (8,513) $ (11,301) $ (13,198)
Loss per share:        
Basic (dollars per share) $ (0.17) $ (0.26) $ (0.34) $ (0.41)
Diluted (dollars per share) $ (0.17) $ (0.26) $ (0.34) $ (0.41)
Weighted average shares used in the calculation of loss per share:        
Basic (in shares) 33,321 32,593 32,982 32,536
Diluted (in shares) 33,321 32,593 32,982 32,536
Other comprehensive income (loss):        
Unrealized loss on available-for-sale investments $ 0 $ 0 $ 0 $ (45)
Foreign currency translation adjustment (2,312) 5,166 (11,948) 17,370
Total other comprehensive income (loss) (2,312) 5,166 (11,948) 17,325
Comprehensive income (loss) $ (7,888) $ (3,347) $ (23,249) $ 4,127