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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Net revenues $ 47,200 $ 61,095 $ 105,451 $ 139,652
Cost of services and products 30,725 30,986 83,640 87,824
Gross profit 16,475 30,109 21,811 51,828
Operating expenses:        
Research, development and engineering 5,030 4,396 13,544 11,998
Marketing and sales 5,209 5,645 16,314 15,062
General, administrative and other operating expenses 8,688 10,132 29,564 32,316
Total operating expenses 18,927 20,173 59,422 59,376
Income (loss) from operations (2,452) 9,936 (37,611) (7,548)
Interest expense, net (3,022) (3,959) (9,769) (12,664)
Other income (expense), net 91 722 (616) (4,154)
Income (loss) before income taxes (5,383) 6,699 (47,996) (24,366)
Income tax expense 2,079 1,686 3,305 3,670
Net income (loss) (7,462) 5,013 (51,301) (28,036)
Net income attributable to noncontrolling interest (74) (78) (527) (812)
Net income (loss) attributable to ION $ (7,536) $ 4,935 $ (51,828) $ (28,848)
Net income (loss) per share:        
Basic (usd per share) $ (0.54) $ 0.42 $ (3.81) $ (2.43)
Diluted (usd per share) $ (0.54) $ 0.41 $ (3.81) $ (2.43)
Weighted average number of common shares outstanding:        
Basic, in shares 14,003 11,890 13,586 11,862
Diluted, in shares 14,003 12,071 13,586 11,862
Service        
Net revenues $ 37,105 $ 52,615 $ 77,943 $ 110,897
Cost of services and products 25,924 26,392 70,286 73,518
Product        
Net revenues 10,095 8,480 27,508 28,755
Cost of services and products $ 4,801 $ 4,594 $ 13,354 $ 14,306