v3.20.2
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenue $ 102,803 $ 123,463 $ 296,966 $ 363,759
Cost of revenue 47,160 48,389 134,665 147,291
Intangibles amortization 8,117 1,736 11,440 5,237
Gross profit 47,526 73,338 150,861 211,231
Operating expenses:        
Marketing and selling 26,035 30,787 79,567 96,841
Research and development 14,670 14,447 46,574 41,166
General and administrative 12,384 15,394 36,754 44,390
Intangibles amortization 4,025 3,751 11,330 11,300
Restructuring 350 1,106 1,842 41,147
Total operating expenses 57,464 65,485 176,067 234,844
Income (loss) from operations (9,938) 7,853 (25,206) (23,613)
Other expense, net (947) (1,609) (3,198) (4,921)
Income (loss) before benefit from income tax (10,885) 6,244 (28,404) (28,534)
Benefit from income taxes (1,569) (1,987) (6,588) (9,852)
Net income (loss) $ (9,316) $ 8,231 $ (21,816) $ (18,682)
Net income (loss) per share:        
Basic (dollars per share) $ (0.28) $ 0.24 $ (0.65) $ (0.55)
Diluted (dollars per share) $ (0.28) $ 0.24 $ (0.65) $ (0.55)
Weighted average shares used in the calculation of net income (loss) per share:        
Basic (in shares) 33,828 33,655 33,577 33,666
Diluted (in shares) 33,828 33,738 33,577 33,666

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