Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations (unaudited)

v3.19.2
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenue $ 125,539 $ 130,653 $ 240,296 $ 259,261
Cost of revenue 52,164 52,897 98,534 108,266
Intangibles amortization 1,746 2,717 3,502 4,305
Gross profit 71,629 75,039 138,260 146,690
Operating expenses:        
Marketing and selling 32,236 33,401 65,966 69,273
Research and development 12,769 15,616 25,827 31,059
General and administrative 12,691 23,721 28,995 41,169
Intangibles amortization 3,763 4,151 7,549 8,957
Restructuring 2,668 1,938 40,040 2,750
Total operating expenses 64,127 78,827 168,377 153,208
Income (loss) from operations 7,502 (3,788) (30,117) (6,518)
Other expense, net (1,200) (2,398) (3,312) (4,218)
Income (loss) before provision for (benefit from) income tax 6,302 (6,186) (33,429) (10,736)
Provision for (benefit from) income tax 2,114 (3,609) (7,616) (5,009)
Net income (loss) $ 4,188 $ (2,577) $ (25,813) $ (5,727)
Loss per share:        
Basic (dollars per share) $ 0.12 $ (0.08) $ (0.77) $ (0.17)
Diluted (dollars per share) $ 0.12 $ (0.08) $ (0.77) $ (0.17)
Weighted average shares used in the calculation of loss per share:        
Basic (in shares) 33,639 32,859 33,630 32,809
Diluted (in shares) 33,690 32,859 33,630 32,809