XML 89 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Product revenue $ 343,186us-gaap_SalesRevenueGoodsNet $ 376,598us-gaap_SalesRevenueGoodsNet $ 396,324us-gaap_SalesRevenueGoodsNet
Service revenue 90,371us-gaap_SalesRevenueServicesNet 85,342us-gaap_SalesRevenueServicesNet 80,547us-gaap_SalesRevenueServicesNet
Total net revenue 433,557us-gaap_SalesRevenueNet 461,940us-gaap_SalesRevenueNet 476,871us-gaap_SalesRevenueNet
Product cost of revenue 172,280us-gaap_CostOfGoodsSold 196,766us-gaap_CostOfGoodsSold 214,473us-gaap_CostOfGoodsSold
Service cost of revenue 48,929us-gaap_CostOfServices 44,729us-gaap_CostOfServices 41,866us-gaap_CostOfServices
Total cost of revenue 221,209us-gaap_CostOfGoodsAndServicesSold 241,495us-gaap_CostOfGoodsAndServicesSold 256,339us-gaap_CostOfGoodsAndServicesSold
Gross profit 212,348us-gaap_GrossProfit 220,445us-gaap_GrossProfit 220,532us-gaap_GrossProfit
Operating expenses:      
Research and development 93,061us-gaap_ResearchAndDevelopmentExpense 99,938us-gaap_ResearchAndDevelopmentExpense 102,627us-gaap_ResearchAndDevelopmentExpense
Selling, general and administrative 131,322us-gaap_SellingGeneralAndAdministrativeExpense 134,014us-gaap_SellingGeneralAndAdministrativeExpense 127,117us-gaap_SellingGeneralAndAdministrativeExpense
Amortization of intangibles 6,775hlit_FiniteLivedIntangibleAssetsAmortizationExpenseOperatingExpense 8,096hlit_FiniteLivedIntangibleAssetsAmortizationExpenseOperatingExpense 8,705hlit_FiniteLivedIntangibleAssetsAmortizationExpenseOperatingExpense
Restructuring and asset impairment charges 2,761us-gaap_RestructuringCharges 1,421us-gaap_RestructuringCharges 0us-gaap_RestructuringCharges
Total operating expenses 233,919us-gaap_OperatingExpenses 243,469us-gaap_OperatingExpenses 238,449us-gaap_OperatingExpenses
Loss from operations (21,571)us-gaap_OperatingIncomeLoss (23,024)us-gaap_OperatingIncomeLoss (17,917)us-gaap_OperatingIncomeLoss
Interest income, net 132us-gaap_InvestmentIncomeInterest 219us-gaap_InvestmentIncomeInterest 515us-gaap_InvestmentIncomeInterest
Other expense, net (356)us-gaap_OtherNonoperatingIncomeExpense (347)us-gaap_OtherNonoperatingIncomeExpense (293)us-gaap_OtherNonoperatingIncomeExpense
Loss from continuing operations before income taxes (21,795)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (23,152)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (17,695)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for (benefit from) income taxes 24,453us-gaap_IncomeTaxExpenseBenefit (44,741)us-gaap_IncomeTaxExpenseBenefit (1,506)us-gaap_IncomeTaxExpenseBenefit
Income (loss) from continuing operations (46,248)us-gaap_IncomeLossFromContinuingOperations 21,589us-gaap_IncomeLossFromContinuingOperations (16,189)us-gaap_IncomeLossFromContinuingOperations
Income from discontinued operations, net of taxes (including gain on disposal of $14,663, net of taxes, for the year ended December 31, 2013) 0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 15,438us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 5,252us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net income (loss) $ (46,248)us-gaap_NetIncomeLoss $ 37,027us-gaap_NetIncomeLoss $ (10,937)us-gaap_NetIncomeLoss
Basic net income (loss) per share from:      
Continuing operations, basic (usd per share) $ (0.50)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 0.20us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ (0.14)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations, basic (usd per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.14us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.05us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net income (loss), basic (usd per share) $ (0.50)us-gaap_EarningsPerShareBasic $ 0.35us-gaap_EarningsPerShareBasic $ (0.09)us-gaap_EarningsPerShareBasic
Diluted net income (loss) per share from:      
Continuing operations, diluted (usd per share) $ (0.50)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 0.20us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ (0.14)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations, diluted (usd per share) $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.14us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.05us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net income (loss), diluted (usd per share) $ (0.50)us-gaap_EarningsPerShareDiluted $ 0.34us-gaap_EarningsPerShareDiluted $ (0.09)us-gaap_EarningsPerShareDiluted
Shares used in per share calculations:      
Basic (in shares) 92,508us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 106,529us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 116,457us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 92,508us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 107,808us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 116,457us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding