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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net revenues:        
Products $ 75,592 $ 76,150 $ 160,101 $ 156,179
Services 58,477 33,617 117,515 73,174
Total net revenues 134,069 109,767 277,616 229,353
Cost of revenues:        
Products 28,488 28,363 55,612 60,160
Services 15,831 14,943 30,241 30,638
Amortization of intangible assets 1,950 163 3,900 163
Total cost of revenues 46,269 43,469 89,753 90,961
Gross profit 87,800 66,298 187,863 138,392
Operating expenses:        
Research and development 21,434 23,310 42,838 46,483
Marketing and selling 30,177 32,811 61,796 60,856
General and administrative 16,807 17,425 34,537 36,812
Amortization of intangible assets 782 408 1,568 782
Restructuring (recoveries) costs, net (213) 539 2,564 539
Total operating expenses 68,987 74,493 143,303 145,472
Operating income (loss) 18,813 (8,195) 44,560 (7,080)
Interest expense (4,769) (915) (9,000) (1,253)
Other income (expense), net (390) (524) (342) (909)
Income (loss) before income taxes 13,654 (9,634) 35,218 (9,242)
Provision for (benefit from) income taxes 703 (5,550) 1,338 (4,989)
Net income (loss) $ 12,951 $ (4,084) $ 33,880 $ (4,253)
Net income (loss) per common share – basic $ 0.33 $ (0.10) $ 0.86 $ (0.11)
Net income (loss) per common share – diluted $ 0.33 $ (0.10) $ 0.85 $ (0.11)
Weighted-average common shares outstanding – basic 39,678 39,635 39,622 39,512
Weighted-average common shares outstanding – diluted 39,734 39,635 39,691 39,512