Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Operations

v3.19.2
Consolidated Statement of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net revenue $ 82,507 $ 101,533 $ 167,142 $ 212,360
Cost of net revenue 38,427 45,203 77,985 93,362
Gross profit 44,080 56,330 89,157 118,998
Operating expenses:        
Research and development 24,304 30,211 51,703 61,332
Selling, general and administrative 22,327 24,501 45,918 51,618
Restructuring charges 416 1,865 2,333 1,865
Total operating expenses 47,047 56,577 99,954 114,815
Income (loss) from operations (2,967) (247) (10,797) 4,183
Interest income 192 19 339 37
Interest expense (2,853) (3,694) (5,828) (7,588)
Other income (expense), net (14) 725 (669) 154
Total interest and other income (expense), net (2,675) (2,950) (6,158) (7,397)
Loss before income taxes (5,642) (3,197) (16,955) (3,214)
Income tax provision (benefit) (3,413) 11,225 (9,875) 9,361
Net loss $ (2,229) $ (14,422) $ (7,080) $ (12,575)
Net loss per share:        
Basic (usd per share) $ (0.03) $ (0.21) $ (0.10) $ (0.18)
Diluted (usd per share) $ (0.03) $ (0.21) $ (0.10) $ (0.18)
Shares used to compute net loss per share:        
Basic (shares) 70,917 68,335 70,445 68,008
Diluted (shares) 70,917 68,335 70,445 68,008