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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Revenue $ 105,109 $ 134,201 $ 242,438 $ 262,640
Cost of revenue 40,179 40,273 89,499 84,802
Gross profit 64,930 93,928 152,939 177,838
Operating expenses:        
Research and development 22,725 13,462 35,671 25,129
Sales, general and administrative 59,854 67,665 134,307 128,756
Total operating expenses 82,579 81,127 169,978 153,885
(Loss) income from operations (17,649) 12,801 (17,039) 23,953
Interest income, net 108 784 407 1,517
Other income (expense), net 511 (71) (1,144) (47)
(Loss) income before income taxes (17,030) 13,514 (17,776) 25,423
Benefit from income taxes (4,129) (2,735) (5,763) (1,280)
Consolidated net (loss) income (12,901) 16,249 (12,013) 26,703
Net loss attributable to non-controlling interest (941) (339) (1,478) (583)
Net (loss) income attributable to Penumbra, Inc. $ (11,960) $ 16,588 $ (10,535) $ 27,286
Net (loss) income attributable to Penumbra, Inc. per share:        
Basic (in dollars per share) $ (0.34) $ 0.48 $ (0.30) $ 0.79
Diluted (in dollars per share) $ (0.34) $ 0.46 $ (0.30) $ 0.75
Weighted average shares outstanding:        
Basic (in shares) 35,400,542 34,694,228 35,221,727 34,601,270
Diluted (in shares) 35,400,542 36,214,321 35,221,727 36,214,362