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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
REVENUE:        
Material sales $ 22,315 $ 24,324 $ 46,619 $ 51,142
Royalty and license fees 42,018 33,733 47,360 38,108
Technology development and support revenue 59 35 116 65
Total revenue 64,392 58,092 94,095 89,315
OPERATING EXPENSES:        
Cost of material sales 5,684 39,086 10,736 47,667
Research and development 10,969 10,647 21,445 20,566
Selling, general and administrative 7,688 6,983 14,264 13,245
Patent costs and amortization of acquired technology 4,060 4,462 8,154 8,429
Royalty and license expense 1,966 1,673 2,841 2,458
Total operating expenses 30,367 62,851 57,440 92,365
Operating income (loss) 34,025 (4,759) 36,655 (3,050)
INTEREST INCOME 661 188 993 361
INTEREST EXPENSE (8) (12) (15) (24)
OTHER (EXPENSE) INCOME (1,829) 278 (1,914) 340
INCOME (LOSS) BEFORE INCOME TAXES 32,849 (4,305) 35,719 (2,373)
INCOME TAX EXPENSE (11,047) (7,466) (11,968) (8,084)
NET INCOME (LOSS) $ 21,802 $ (11,771) $ 23,751 $ (10,457)
NET INCOME (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ 0.46 $ (0.25) $ 0.51 $ (0.23)
Diluted (in dollars per share) $ 0.46 $ (0.25) $ 0.51 $ (0.23)
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME (LOSS) PER COMMON SHARE:        
Weighted average common shares outstanding - Basic (in shares) 46,927,543 46,388,218 46,862,199 45,840,599
Weighted average common shares outstanding - Diluted (in shares) 47,041,854 46,388,218 46,985,374 45,840,599