Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net revenue $ 317,180 $ 384,997 $ 420,318
Cost of net revenue 149,495 176,223 212,355
Gross profit 167,685 208,774 207,963
Operating expenses:      
Research and development 98,344 120,046 112,279
Selling, general and administrative 88,762 101,789 105,831
Impairment losses 0 2,198 2,000
Restructuring charges 2,636 3,838 9,524
Total operating expenses 189,742 227,871 229,634
Loss from operations (22,057) (19,097) (21,671)
Interest income 775 78 274
Interest Expense (11,133) (14,255) (10,378)
Other income (expense), net (69) 422 (2,223)
Nonoperating Income (Expense) (10,427) (13,755) (12,327)
Loss before income taxes (32,484) (32,852) (33,998)
Income tax benefit (12,586) (6,653) (24,811)
Net loss $ (19,898) $ (26,199) $ (9,187)
Net loss per share:      
Basic (usd per share) $ (0.28) $ (0.38) $ (0.14)
Diluted (usd per share) $ (0.28) $ (0.38) $ (0.14)
Shares used to compute net loss per share:      
Weighted Average Number of Shares Outstanding, Basic 71,005 68,490 66,252
Diluted (shares) 71,005 68,490 66,252