Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net revenue $ 420,318 $ 387,832 $ 300,360
Cost of net revenue 212,355 157,842 144,937
Gross profit 207,963 229,990 155,423
Operating expenses:      
Research and development 112,279 97,745 85,405
Selling, general and administrative 105,831 64,454 77,981
Impairment of Intangible Assets (Excluding Goodwill) 2,000    
Restructuring charges 9,524 3,432 14,086
Total operating expenses 229,634 166,931 199,072
Income (loss) from operations (21,671) 63,059 (43,649)
Interest income 274 572 275
Interest Expense (10,378) (104) (100)
Other income (expense), net (2,223) 163 568
Nonoperating Income (Expense) (12,327) 631 743
Income (loss) before income taxes (33,998) 63,690 (42,906)
Income tax provision (benefit) (24,811) 2,398 (575)
Net income (loss) $ (9,187) $ 61,292 $ (42,331)
Net income (loss) per share:      
Basic (usd per share) $ (0.14) $ 0.96 $ (0.79)
Diluted (usd per share) $ (0.14) $ 0.91 $ (0.79)
Shares used to compute net income (loss) per share:      
Weighted Average Number of Shares Outstanding, Basic 66,252 63,781 53,378
Diluted (shares) 66,252 67,653 53,378