XML 24 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Condensed Statements of (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Product revenues $ 136,061 $ 243,326 $ 364,674 $ 501,247
Type of Revenue [Extensible List] us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Cost of sales $ 109,326 $ 170,612 $ 271,872 $ 353,226
Gross margin 26,735 72,714 92,802 148,021
Operating expenses:        
Net research and development expenses 15,341 19,255 33,101 38,152
Selling, general and administrative expenses 21,889 32,171 47,729 64,822
Restructuring expenses (598) 1,231 3,168 3,145
Total operating expenses 36,632 52,657 83,998 106,119
Operating (loss) income (9,897) 20,057 8,804 41,902
Interest expense, net (1,361) (1,240) (2,109) (2,608)
Foreign currency loss (1,741) (804) (2,679) (601)
Gain on sale of business       4,970
Impairment loss   (9,885)   (20,369)
Other income 2,882 171 3,146 314
(Loss) earnings before income tax (10,117) 8,299 7,162 23,608
Income tax expense 205 5,548 5,611 12,443
Net (loss) income $ (10,322) $ 2,751 $ 1,551 $ 11,165
Basic (loss) earnings per share $ (0.32) $ 0.08 $ 0.05 $ 0.33
Diluted (loss) earnings per share $ (0.32) $ 0.08 $ 0.05 $ 0.33
Weighted average number of shares – basic 32,579,549 33,440,764 32,635,322 33,508,479
Weighted average number of shares – diluted 32,579,549 33,573,608 32,868,714 33,651,117