v3.20.2
Condensed Consolidated Statements of Operations (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenue $ 84,780 $ 125,539 $ 194,163 $ 240,296
Cost of revenue 42,573 52,393 87,506 98,903
Intangibles amortization 1,654 1,746 3,322 3,502
Gross profit 40,553 71,400 103,335 137,891
Operating expenses:        
Marketing and selling 22,802 32,324 53,532 66,054
Research and development 14,336 13,324 31,905 26,718
General and administrative 11,187 12,691 24,368 28,996
Intangibles amortization 3,644 3,763 7,305 7,549
Restructuring 621 2,668 1,492 40,040
Total operating expenses 52,590 64,770 118,602 169,357
Income (loss) from operations (12,037) 6,630 (15,267) (31,466)
Other expense, net (757) (1,200) (2,251) (3,312)
Income (loss) before provision for (benefit from) income tax (12,794) 5,430 (17,518) (34,778)
Provision for (benefit from) income taxes (3,891) 1,944 (5,018) (7,865)
Net income (loss) $ (8,903) $ 3,486 $ (12,500) $ (26,913)
Net income (loss) per share:        
Basic (dollars per share) $ (0.26) $ 0.10 $ (0.37) $ (0.80)
Diluted (dollars per share) $ (0.26) $ 0.10 $ (0.37) $ (0.80)
Weighted average shares used in the calculation of net loss per share:        
Basic (in shares) 33,827 33,639 33,624 33,630
Diluted (in shares) 33,827 33,690 33,624 33,630

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