Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations

v3.19.1
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net revenue $ 84,635 $ 110,827
Cost of net revenue 39,558 48,159
Gross profit 45,077 62,668
Operating expenses:    
Research and development 27,399 31,121
Selling, general and administrative 23,591 27,117
Restructuring charges 1,917 0
Total operating expenses 52,907 58,238
Income (loss) from operations (7,830) 4,430
Interest income 147 18
Interest expense (2,975) (3,894)
Other income (expense), net (655) (571)
Total interest and other income (expense), net (3,483) (4,447)
Loss before income taxes (11,313) (17)
Income tax benefit (6,462) (1,864)
Net income (loss) $ (4,851) $ 1,847
Net income (loss) per share:    
Basic (usd per share) $ (0.07) $ 0.03
Diluted (usd per share) $ (0.07) $ 0.03
Shares used to compute net income (loss) per share:    
Basic (shares) 69,968 67,674
Diluted (shares) 69,968 70,440