XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net revenues:        
Revenues $ 79,281 $ 98,701 $ 165,734 $ 202,020
Cost of revenues:        
Cost of Revenue 27,719 42,041 61,021 84,078
Gross profit 51,562 56,660 104,713 117,942
Operating expenses:        
Research and development 13,068 15,180 28,493 31,465
Marketing and selling 19,690 26,129 44,979 51,007
General and administrative 10,604 12,721 23,348 26,509
Amortization of intangible assets 0 332 0 695
Restructuring costs, net 140 (269) 285 289
Total operating expenses 43,502 54,093 97,105 109,965
Operating income (loss) 8,060 2,567 7,608 7,977
Interest and other expense, net (5,498) (13,290) (10,781) (18,475)
Income (loss) before income taxes 2,562 (10,723) (3,173) (10,498)
Provision for (benefit from) income taxes 717 0 839 438
Net income (loss) $ 1,845 $ (10,723) $ (4,012) $ (10,936)
Net income (loss) per common share – basic and diluted $ 0.04 $ (0.25) $ (0.09) $ (0.26)
Weighted-average common shares outstanding – basic 43,719 42,560 43,486 42,305
Products        
Net revenues:        
Revenues $ 27,635 $ 50,326 $ 62,346 $ 104,722
Cost of revenues:        
Cost of revenues 16,954 28,058 37,916 55,658
Services        
Net revenues:        
Revenues 51,646 48,375 103,388 97,298
Cost of revenues:        
Cost of revenues 10,765 12,195 23,105 24,682
Amortization of intangible assets        
Cost of revenues:        
Amortization of intangible assets $ 0 $ 1,788 $ 0 $ 3,738