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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
REVENUE:        
Material sales $ 23,465 $ 34,128 $ 70,084 $ 85,270
Royalty and license fees 5,209 5,224 52,569 43,332
Technology development and support revenue 1,540 67 1,656 132
Total revenue 30,214 39,419 124,309 128,734
OPERATING EXPENSES:        
Cost of material sales 6,458 7,246 17,194 54,913
Research and development 10,118 11,434 31,562 32,000
Selling, general and administrative 8,465 7,224 22,728 20,487
Patent costs and amortization of acquired technology and other intangible assets 7,361 4,032 15,515 12,461
Royalty and license expense 815 1,105 3,656 3,563
Total operating expenses 33,217 31,041 90,655 123,424
Operating (loss) income (3,003) 8,378 33,654 5,310
INTEREST INCOME 573 232 1,565 593
INTEREST EXPENSE (5) (7) (21) (31)
OTHER (EXPENSE) INCOME (68) (16) (1,982) 342
INCOME (LOSS) BEFORE INCOME TAXES (2,503) 8,587 33,216 6,214
INCOME TAX BENEFIT (EXPENSE) 1,003 (1,540) (10,965) (9,624)
NET INCOME (LOSS) $ (1,500) $ 7,047 $ 22,251 $ (3,410)
NET INCOME (LOSS) PER COMMON SHARE:        
Basic (in dollars per share) $ (0.03) $ 0.15 $ 0.47 $ (0.07)
Diluted (in dollars per share) $ (0.03) $ 0.15 $ 0.47 $ (0.07)
WEIGHTED AVERAGE SHARES USED IN COMPUTING NET INCOME (LOSS) PER COMMON SHARE:        
Weighted average common shares outstanding - Basic (in shares) 46,947,621 46,542,556 46,889,913 46,241,578
Weighted average common shares outstanding - Diluted (in shares) 46,947,621 46,723,373 47,015,262 46,241,578