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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
REVENUE:      
Material sales $ 113,066 $ 126,885 $ 95,713
Royalty and license fees 77,773 63,192 47,006
Technology development and support revenue 207 954 3,920
Total revenue 191,046 191,031 146,639
OPERATING EXPENSES:      
Cost of material sales 62,997 41,315 28,889
Research and development 44,641 41,154 34,215
Selling, general and administrative 29,046 28,135 24,745
Patent costs and amortization of acquired technology 16,716 17,288 17,273
Royalty and license expense 5,370 4,519 3,273
Total operating expenses 158,770 132,411 108,395
Operating income 32,276 58,620 38,244
INTEREST INCOME 837 777 811
INTEREST EXPENSE (54) (70) (47)
INCOME BEFORE INCOME TAXES 33,059 59,327 39,008
INCOME TAX (EXPENSE) BENEFIT (18,381) (17,473) 35,044
NET INCOME $ 14,678 $ 41,854 $ 74,052
NET INCOME PER COMMON SHARE:      
BASIC (in dollars per share) $ 0.31 $ 0.90 $ 1.61
DILUTED (in dollars per share) $ 0.31 $ 0.90 $ 1.59
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME PER COMMON SHARE:      
BASIC (in shares) 46,816,394 46,252,960 45,898,019
DILUTED (in shares) 47,494,188 46,685,145 46,543,605