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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
SALES      
Product $ 277,922 $ 256,010 $ 259,842
Service 82,995 69,574 57,706
Total sales 360,917 325,584 317,548
COST OF SALES      
Product 110,143 107,965 114,257
Service 46,137 39,659 36,055
Total cost of sales (exclusive of depreciation and amortization, shown separately below) 156,280 147,624 150,312
GROSS PROFIT 204,637 177,960 167,236
OPERATING EXPENSES      
Selling and marketing 103,544 79,870 79,837
General and administrative 43,807 40,813 36,370
Depreciation and amortization 16,588 13,868 11,217
Research and development 35,376 30,125 26,690
Total operating expenses 199,315 164,676 154,114
INCOME FROM OPERATIONS 5,322 13,284 13,122
OTHER EXPENSE (INCOME)      
Interest income (319) (212) (111)
Other (income) expense, net (190) 822 371
Interest expense 4 48 56
INCOME BEFORE INCOME TAX EXPENSE (BENEFIT) 5,827 12,626 12,806
INCOME TAX EXPENSE (BENEFIT) 20,343 1,519 (7)
NET (LOSS) INCOME $ (14,516) $ 11,107 $ 12,813
NET (LOSS) INCOME PER SHARE - BASIC (in dollars per share) $ (0.87) $ 0.67 $ 0.74
NET (LOSS) INCOME PER SHARE - DILUTED (in dollars per share) $ (0.87) $ 0.67 $ 0.74
Weighted average shares - Basic (in shares) 16,711,534 16,654,786 17,288,665
Weighted average shares - Diluted (in shares) 16,711,534 16,681,710 17,389,473